SFR | Tenant month-to-month | Cosmetic update = strong upside

RIVIERA BEACH 3/1 VALUE-ADD | $240,000 ASK | COSMETIC RENOVATION | PALM BEACH COUNTY

PROPERTY OVERVIEW

Location: Riviera Beach, FL 33404

Estimated ARV: Pending Comparable Sales Analysis

Property Type: Single-Family Residence

Bedrooms: 3

Bathrooms: 1

Living Area: 1,008 SqFt

Lot Size: 5,482 SqFt

County: Palm Beach County, Florida

Occupancy: Verification Required

Escrow Deposit: $10,000

Transaction Type: Assignment

Showing Instructions: By Appointment - Confirm Availability

PROPERTY HIGHLIGHTS

RIVIERA BEACH VALUE-ADD OPPORTUNITY - 3 BEDROOMS, $240,000 ASKING PRICE, AND COSMETIC RENOVATION POTENTIAL!

Attention Palm Beach County cash buyers, fix-and-flip investors, and landlords!

This 3-bedroom, 1-bathroom single-family residence offers an opportunity to acquire a property for $240,000 and explore its potential through cosmetic improvements, resale, or long-term rental use.

Situated on a 5,482 SqFt lot in Riviera Beach, this property may appeal to investors seeking an entry-level acquisition with opportunities to improve its condition and marketability.

WHY INVESTORS SHOULD TAKE A CLOSER LOOK

$240,000 Asking Price: Opportunity to acquire a single-family residence in Palm Beach County.

Cosmetic Value-Add Potential: Evaluate improvements that could enhance the property's appearance and resale value.

3 Bedrooms: Functional bedroom count for owner-occupants or long-term renters.

1,008 SqFt Living Area: Manageable property size for a targeted renovation.

5,482 SqFt Lot: Outdoor space for landscaping, curb appeal, and potential improvements.

Month-to-Month Tenant Reported: Potential occupancy flexibility, subject to verification of the lease, tenant status, and applicable law.

Multiple Exit Strategies: Fix and flip, renovate and hold, or evaluate the property as a rental investment.

• INVESTMENT STRATEGY: COSMETIC VALUE-ADD | FIX & FLIP | BUY & HOLD
• REPAIRS NEEDED
• COSMETIC RENOVATION / PROPERTY IMPROVEMENT OPPORTUNITY

The property is advertised as a cosmetic value-add opportunity. The exact scope of repairs has not been provided.

Buyers should evaluate

• Kitchen cabinets, countertops, and appliances
• Bathroom fixtures, finishes, and modernization
• Interior flooring and painting
• Interior doors, trim, and lighting
• Exterior painting and curb appeal
• Landscaping and yard improvements
• Roof, HVAC, electrical, and plumbing condition
• Structural components and any additional inspection findings

Estimated Repair Costs: To be determined following inspection and contractor assessment.

Cosmetic renovation potential does not guarantee that major-system or structural repairs will be unnecessary.

• ARV BREAKDOWN & SOLD COMPARABLES
• ESTIMATED AFTER REPAIR VALUE: PENDING VERIFICATION

Comparable sales have not been provided in the current property listing.

• Investors should evaluate recently sold, renovated 3-bedroom single-family residences in the surrounding Riviera Beach market, with particular attention to:
• Comparable properties within approximately 0.5 miles
• Sales within the past 6 months, expanding to 12 months if necessary
• Similar living area and lot size
• Comparable construction type and property condition
• Similar bedroom and bathroom configurations
• Renovated properties representing a realistic resale condition
• ARV ANALYSIS
• Estimated ARV: Pending
• Estimated Repairs: Pending
• Potential Gross Spread: To Be Determined
• Projected Net Profit: Not Available

A reliable ARV and investment margin cannot be established until comparable sales and renovation costs are verified.

• INVESTMENT POTENTIAL
• FIX & FLIP OPPORTUNITY

Acquire at $240,000, complete the improvements supported by property inspections and contractor estimates, and pursue resale based on verified comparable sales.

• BUY & HOLD OPPORTUNITY

Evaluate the existing residence as a long-term rental investment. Investors should review market rental rates, tenant status, property taxes, insurance, financing, and ongoing operating expenses.

• TENANT / OCCUPANCY CONSIDERATIONS

The property is advertised as having a month-to-month tenant, although the listing's occupancy field identifies it as vacant.

• SHOWING & OFFER INSTRUCTIONS
• SHOWINGS BY APPOINTMENT - CONFIRM ACCESS AND AVAILABILITY
• Escrow Deposit: $10,000
• Transaction Type: Assignment
• Full Property Address: Available Upon Request

Cash and qualified investor offers welcome.

• CONTACT HOMESELLERS INVESTMENTS
• DISCLAIMER

The transaction is marketed as an assignment.