Spacious 2,251 SF 3-bedroom home situated on a generous .23-acre lot in Edgewater, offering an excellent opportunity for investors, flippers, or buyers seeking sweat equity and long-term upside. Priced just under county assessed value by $50K, this property presents compelling value for a renovation-focused buyer looking to create substantial equity.

The home features exceptionally spacious bedrooms, a large footprint, and a layout with tremendous potential to create a highly desirable modern open-concept floor plan. With strong bones, solid square footage, and functional living areas, the heavy lifting has already begun.

While the property did experience water intrusion during Hurricane Ian, it is important to note:

• The home has never flooded in over 30 years prior to Ian
• It is located in Flood Zone X
• The city completed major drainage and culvert improvement projects throughout Edgewater following Ian to help mitigate future neighborhood flooding concerns

Additionally, the drywall remediation and replacement throughout the home has already been completed, saving a future owner significant time and expense. The next phase is largely cosmetic and presents an ideal opportunity to customize and modernize the property, including:

• installing new flooring,
• baseboards,
• updating the kitchen,
• renovating bathrooms,
• interior and exterior paint,
• and opening the main living areas to create a modern open-concept design.

This is an ideal candidate for a value-add renovation with strong resale upside or long-term rental potential. Opportunities with this amount of square footage, lot size, and renovation head start are becoming increasingly difficult to find at this price point.

Great bones. Great footprint. Great upside. Don't miss this opportunity!

Contact your EquityPro advisor today!