Prime Palm Bay Flip

Prime Palm Bay Flip

3 bed 2 bath 1501 sq ft Built in 1983 Single Family
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73
Quality of Comparables
Low High
16 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
9/10
Property Details

Here's another strong fix-and-flip opportunity in Brevard County.

This concrete block home features 3 bedrooms, 2 bathrooms, and an attached 2-car garage. The property is connected to city water and city sewer, adding long-term value and reducing infrastructure concerns.

A metal roof was installed in 2020, providing a major capital improvement. The remainder of the home will require a full cosmetic renovation, including windows, flooring, kitchen, bathrooms, interior finishes, and exterior updates.

With strong comparable sales in the surrounding neighborhood, the property offers an estimated After Repair Value (ARV) of approximately $320,000, making it an attractive opportunity for investors seeking their next flip project. For more information, contact your EquityPro Advisor. 

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We recommend flip
Rental Income
$2,000 mo. / $24,000 yr.
Estimated Taxes
$3,400 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$16,900
Projected Income
6.74%
Estimated APY
$52,100
Projected Income
19.45%
Estimated ROI

Comps

 
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Sold

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