Low Cost Palm Bay Flip

Low Cost Palm Bay Flip

3 bed 2 bath 1530 sq ft Built in 1963 Single Family
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72
Quality of Comparables
Low High
17 /20
Level of Rehab
Heavy Light
8/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

This solid block home in Palm Bay offers 3 bedrooms and 2 bathrooms with 1,530 square feet of living space, situated on a spacious third of an acre lot on a quiet street.

With a roof replaced in 2019, the home provides a solid structural foundation for a full cosmetic renovation. It needs a complete interior rehab, including a new HVAC system with ductwork, LVP flooring, fresh paint inside and out, updated kitchen cabinets and countertops, refreshed bathrooms, and upgraded lighting throughout. 

Conveniently located near major entertainment, shopping, and dining options, this property is in a high-demand area with strong upside potential. Whether you're looking to flip or hold as a rental, this Palm Bay property is a prime investment opportunity in one of Brevard County’s growing markets.

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We recommend flip
Rental Income
$2,200 mo. / $26,400 yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$20,710
Projected Income
10.08%
Estimated APY
$41,475
Projected Income
17.03%
Estimated ROI

Comps

 
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