
🔥 COASTAL SOUTHAUD SPREAD: $135K EQUITY IN HILLCREST HEIGHTS
About this property
An absolute monster of an entry point in the red-hot Southend / Hillcrest Heights submarket. Snag this massive 4-bedroom, 2-bathroom CBS block home for just $405k and clear a screaming $545k ARV. Located just two miles from the Intracoastal Waterway, this is pure, high-velocity coastal equity. THE INVESTOR MATRIX Deep-Discount Entry: $405,000 Buy It Now: $410,000 Target ARV: $545,000 Gross Equity Spread: $135,000 Property Size: 1,794 SQFT (Massive footprint for this neighborhood) Construction: Solid Concrete Block Structure (CBS) THE ASSET INJECTION The Scale: At nearly 1,800 SQFT, this asset completely sizes out the standard tiny 2-bed and 3-bed frames on nearby blocks. You are buying structural scale at an unrenovated price point. The Location Premium: East of I-95, nestled right in the path of the high-paying 33405 commuter footprint. Minutes to Antique Row, downtown West Palm Beach, and the beaches. The Lot Bonus: Sits on a highly desirable, highly visible corner lot with a massive concrete footprint. UNMISTAKABLE 2026 POCKET COMPS (YOUR PROOF) The retail exit curve in 33405 is fiercely insulated, heavily backing your $545k target: NEIGHBORHOOD CEILING ($632,900): 3308 Lake Ave (Nearby 4/2 layout proving insane local buyers velocity for fully updated assets). DIRECT COMPLEX COMPS ($513k - $553k): Neighboring multi-bed block properties on El Vedado Ct and Ridgewood validate your fast $545k retail exit ceiling all day long. COMFORTABLE RUN ($470,000): 728 Ridgewood Dr (Smaller layout on the same street establishing a firm baseline market floor). THE AGGRESSIVE PLAY This footprint is already framed as a coveted 4-bedroom. Keep your budget focused heavily on coastal retail visual drivers. Put down bright oak luxury vinyl plank (LVP) flooring, stone counters over shaker cabinets, and standard modern bathroom upgrades. LOCK DOWN THE SPREAD: 650 977 1411 Direct-to-seller pricing. Concrete block homes in the 33405 zip code under $415k with a massive six-figure cushion do not sit. Contact Lars: Phone: 650 977 1411 Terms: Cash or Hard Money only. Fast close required.
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