Broward County, Pembroke Pines, FL 33027
5 bd3 ba2,962 sfBuilt 1995
Gross spread$321,000
Description
ASKING $529,000 | 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 $529,000 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. Figures are preliminary, do not account for financing differences or unforeseen repairs, and are not guaranteed. 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 $529K 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: $529,000 SCHEDULE YOUR WALKTHROUGH 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 $529,000 — SERIOUS INVESTOR OFFERS WELCOME. Call Kristin at [contact details hidden] for more details or to schedule a walk-through. Property is offered as-is. Buyer to independently verify all property details, repair estimates, comparable sales, HOA requirements, and projected returns.
$/sqft vs market
Median of 16 comparable listings matched on city + 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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