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Brevard County · Melbourne, FL 32935

Melbourne Block Home Rehab 125k!

$135,000
3
Beds
2
Baths
1,576
Sq ft
1962
Year built
$155K spread

About this property

This investment property features 3 bedrooms, 2 bathrooms, and a garage across 1,576 square feet of living area on a 7,840 square foot lot, built in 1962 with block construction. The starting price is $135,000 with an ARV of $290,000 and an EMD of $5,000. Full interior rehab is needed, including roof, HVAC, and water heater replacements, alongside present foundation issues. The property is located in Flood Zone X with market rent estimated at $2,100 plus.

Property snapshot

Layout3 Bed / 2 Bath
Living area1,576 sq ft
Year built1962
Property typeLand
CountyBrevard County

Deal details

Asking price$135,000
ARV estimate$290,000
Spread (ARV − asking)$155,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$135K
ARV est.
$290K
Spread
$155K
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M
Ms. Meriam
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