Brevard County, Melbourne, FL 32904
4 bd2 ba1,455 sfBuilt 1958
Gross spread$275,000
Description
Rare opportunity to acquire two residential properties in one package deal, offering approximately 3,089 combined living square feet across 0.85 acres. Ideal for investors seeking a fix-and-flip, rental portfolio addition, or potential multi-unit income opportunity. Property #1 – 4 Bed / 2.5 Bath 1,455 Sq. Ft. | 0.64-Acre Lot Brick/frame construction Metal roof installed in 2013 Estimated ARV: $350,000 Property #2 – 3 Bed / 2 Bath 1,634 Sq. Ft. | 0.21-Acre Lot Two-story home located behind the first property Separate kitchens on both floors Potential duplex conversion or separate rental configurations, subject to zoning and permitting Estimated ARV: $250,000 PHOTOS OF BOTH PROPERTIES INCLUDED IN POSTING. THE QUICK MATH: Package Asking Price: $324,900 Combined Projected ARV: $550,000–$600,000 Potential Gross Spread: $225,100–$275,100 Earnest Money Deposit: $10,000 An attractive opportunity to acquire two properties with multiple potential exit strategies, including renovating and reselling individually or holding for rental income. The second property's two-kitchen layout provides additional flexibility for investors exploring a multi-unit rental strategy. Contact Michael: Terms: Cash or Hard Money only.
$/sqft vs market
Median of 5 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Property information
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