Here's an affordable investment opportunity in Palm Bay, Brevard County. This 2-bedroom, 1-bathroom concrete block home features an attached single-car garage and offers potential as either a buy-and-hold rental or a fix-and-flip project. 

The property is on well and septic and will require a full renovation, including the kitchen, flooring, bathroom, roof, and HVAC. Water heater from 2025. The age and condition of the electrical and plumbing systems are unknown, so buyers should budget for potential repairs or replacement. 

The previous owner began converting a portion of the garage into a studio with a kitchen and bathroom but left the project unfinished. This space may offer an opportunity to create a primary suite and increase the home's functional living area, subject to permitting and applicable requirements. 

Estimated after-repair values range from $225,000 to $250,000, depending on the renovation scope, finishes, and market conditions. 

This is the cheapest active single-family home (SFH) listing within a 2-mile radius, next active property is listed for $170k, making it a useful benchmark for evaluating the subject property's market position and potential resale value.

For additional information, contact your EquityPro advisor.