PENDING – Thomas Dr, Melbourne, FL 32935

Beds: 3    Baths: 2    Sq.Ft: 1444

ARV: $140k    Repairs: $20k  

$105,000+cc

Great area just minutes to beautiful beaches. Would make a great rental or flip opportunity in Melbourne where inventory is very low, especially in this neighborhood. This property is a 2/1 with a carport conversion into a family room and a concrete addition of a Florida Room which could easily be converted to a master suite making it a 3/2. Property features a detached concrete garage in the rear, an open layout and a dining area. Electrical, plumbing, AC and roof is all in good condition. The kitchen, bathroom and flooring will all need to be updated. Interior and exterior paint must be applied. Doors should be replaced throughout and a closet to the Florida room to make a 3rd bedroom. For max retail value, a 3rd bathroom should be added.

COMPS:

  • *Nothing in Melbourne available in this area – 1891 DAWN DR, MELBOURNE – 3/2 – Bought for 95k cash and sold in 2 months for 127k Cash outdated with no rehab

For additional photos Click Here

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s