GRAND PALMS FLIP - $850K ARV - 5BR POOL HOME - $549,000 ASK - PEMBROKE PINES
About this property
ASKING $549,000 | EST. ARV $850,000 | 5 BED / 3 BATH | 2,845 SF | POOL
A rare opportunity to acquire a spacious 5-bedroom pool home in Grand Palms, surrounded by comparable properties selling in the $800Ks.
This 1995-built, two-story property offers approximately 2,845 SF, a two-car garage, screened pool and patio, and substantial value-add potential for an experienced South Florida investor.
The home is vacant and needs renovation, creating an opportunity to reposition it for the retail market.
Investor Purchase Price $549,000
Estimated ARV $850,000
Preliminary Rehab Budget $160,000
Estimated Holding / Closing / Resale Costs $85,000
Projected Flip Profit $76,000
Projected ROI on Purchase + Rehab 11.0%
ROI is calculated as estimated profit divided by purchase price plus renovation costs.
WHY INVESTORS SHOULD LOOK AT THIS DEAL
1. Strong comparable sales
Three nearby properties with the same reported 5BR/3BA configuration and 2,845 SF have closed between $820,000 and $880,000.
2. Desirable Grand Palms location
Established Pembroke Pines residential community with strong surrounding property values, attractive neighborhood amenities, and access to shopping, dining, schools, and major transportation routes.
3. Five-bedroom pool-home layout
A substantial two-story floor plan with a screened pool, patio, and two-car garage-features that support its appeal to retail family buyers.
4. Clear renovation opportunity
The property needs cosmetic modernization and attention to reported roof, moisture/mold, and pool equipment issues. An experienced investor has the opportunity to update the home and compete with renovated properties in the neighborhood.
5. Vacant property
No tenant occupancy to coordinate around, allowing an investor to plan renovation and resale without an existing occupant.
RECENT SOLD COMPARABLES
15854 SW 14th Ct - $820,000- Oct. 2026 - 2, 845 SF
1423 SW 158th Ave - $850,000 - Jun. 2026 - 2,845 SF
15843 SW 14th Ct - $880,000 - Mar. 2026 - 2,845 SF
1413 SW 158th Ave - $735,000 - Oct. 2026 - 2,513 SF
Working ARV: $850,000
The three size-matched sales average $850,000. Final resale value will depend on renovation quality, condition, and market conditions.
POTENTIAL INVESTMENT EXITS
EXIT 1 - FULL RENOVATION & RETAIL RESALE
Purchase the property, complete the necessary renovations, and target a retail resale supported by the surrounding comparable sales.
At a $549,000 purchase, $160K renovation and $850K resale, the estimated profit after an $85K allowance for holding, closing and resale expenses is $76,000.
EXIT 2 - RENOVATE & HOLD AS A RENTAL
The 5-bedroom configuration, pool, and established residential location may appeal to a long-term rental investor.
Rental income, HOA leasing restrictions, taxes, insurance, and operating expenses have not yet been verified. This exit requires independent rental underwriting and should not be assumed profitable at the asking price.
EXIT 3 - LOWER-COST RENOVATION / RETAIL REPOSITIONING
An investor with an established construction team may be able to complete the renovation below the preliminary $160K allowance, potentially improving the resale margin.
The roof, moisture/mold concerns, and pool condition should be evaluated before relying on a reduced renovation budget.
REHABILITATION OVERVIEW
The property requires substantial updating, including
- Kitchen and bathroom renovations
- Flooring, paint, fixtures, and interior modernization
- Roof evaluation and potential replacement
- Moisture intrusion investigation and mold remediation
- Pool pump repair and pool servicing
- General repairs, cleanup, and landscaping
- Preliminary Rehab: $160,000
This is an underwriting assumption, not a contractor bid. Actual renovation costs may be higher, particularly if the roof or moisture-related repairs are extensive.
- PROPERTY DETAILS
- Community: Grand Palms Property
- Type: Single-Family Residence
- Year Built: 1995
- Bedrooms: 5
- Bathrooms: 3
- Living Area: 2,845 SF
- Garage: 2-Car
- Pool: Screened Pool & Patio
- Occupancy: Vacant
- Condition: Heavy Rehab / Value-Add
- Pirchase Price: $549,000
Grand Palms. Five bedrooms. Pool. Three nearby size-matched sales between $820K and $880K.
Bring your contractor, review the renovation scope, and evaluate the opportunity.
Purchase Price $549,000 - SERIOUS INVESTOR OFFERS WELCOME.
Property is offered as-is.
Property snapshot
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