Available
$195,500(ARV: $285,000)69% of ARV

Brevard County, Melbourne, FL 32935

3 bd2 ba1,118 sfBuilt 1961

10 days ago

Gross spread$89,500

Description

For more details, Call/Text Lily [contact details hidden] Income-Producing Melbourne Investment! Tenant-occupied 3BR/1.5BA home with a month-to-month lease generating $1,500/month. Features 2018 A/C, good electrical & plumbing, and a garage conversion for added living space. Mostly a cosmetic rehab with kitchen, baths, flooring, and moisture remediation needed. Great opportunity for a flip or value-add rental in a desirable Melbourne location.

$/sqft vs market

This deal$175/sqft
Market median$246/sqft
Difference29% below

Median of 26 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,118
Lot size6,970 sf
Year built1961
ConditionLight Rehab
OccupancyTenant Occupied
ParkingOn street

Systems & condition

Roof age11-20 yrs
HeatingFurnace · 6-10 yrs
Air conditioningCentral AC
FoundationOther
Foundation conditionExcellent

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing203
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