Beds: 5 Baths: 5 SqFt: 5056
ARV: $1,150,000 Repairs: $150k-$160k
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Here’s a rare, off-market flip opportunity on the Banana River in beautiful Merritt Island. There are many possibilities as the home sits on a large 1.14 acre lot in Newfound Harbor. This property has a bonus guest suite that does not appear on county records however it includes a kitchenette, bedroom, full bathroom and stunning water views. The property is concrete block and has 5 bedrooms, 5 bathrooms, and has a 6 car garage. It will need complete updating throughout along with possibly opening up the kitchen to create an open-concept feeling. Some fresh landscaping and pool updating will also go a long way in helping bring the value up. Don’t miss your opportunity to turn this large home into a waterfront paradise.