Fire-Damaged Block House 3/2 on Oversized 0.36-Acre Lot In Palm Bay, FL

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DEAL OVERVIEW Strategy: Flip / Full Rehab / Buy & Hold Heavy value-add opportunity in Palm Bay for an experienced investor or contractor. This 3-bedroom, 2-bath concrete-block home sits on an oversized approximately 0.36-acre lot and has sustained significant fire damage. The interior is largely stripped to the framing, giving the next buyer a clear starting point for a full reconstruction and renovation. CONDITION Significant fire and smoke damage Large section of the roof and roof framing is damaged and open Interior largely stripped to the studs Multiple charred framing members visible Full roof reconstruction required Electrical, plumbing, HVAC, and structural components need professional evaluation Full interior buildout needed Property is not currently habitable VALUE-ADD OPPORTUNITIES Potential improvements include: Roof and structural reconstruction Complete interior renovation New kitchen and bathrooms Electrical, plumbing, and HVAC upgrades New insulation, drywall, flooring, doors, and finishes Exterior cleanup and landscaping Flip or long-term rental after rehabilitation INVESTMENT HIGHLIGHTS 3 bedrooms / 2 bathrooms Large approximately 0.36-acre lot Concrete-block construction Interior demolition largely completed Strong opportunity for an experienced fire-rehab investor Multiple exit strategies after renovation Cash or hard-money buyers preferred COMPS 1638 Riviera Dr NE,Palm Bay, FL 32905 - 3/2, 1,176 sqft - Sold $285,000; 1874 Lemay Dr NE,Palm Bay, FL 32905 - 3/2, 1,174 sqft - Sold $300,000 780 Baracoa Ave NE - 3/2, 1,360 sqft - Sold $295,000 ADDITIONAL INFORMATION Sold as-is Access available upon request Do not enter the property without authorization CONTACT

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