Attention Serious Fix & Flip Investors! If you’re in the market for a Slam Dunk Melbourne Fix and Flip property, then take a look at this 3 bedroom, 1.5 bath single family home. This property needs a full renovation but once done will be ready to make you a nice profit. It’s located in the Oxford Ridge subdivision, in Melbourne, FL, an affordable area and would rent for $1300/month. Hurry! Call today to learn more about this great money-making property!
“As-Is” Value = $136,000
“AFTER-REPAIR” VALUE = $188,000
Estimated Repairs = $39,000
DISCOUNT WHOLESALE PRICE =$119,900
Close By Date: ASAP!
Access: Call for Lockbox Code
Recommended Repairs
This property needs a Full renovation which should only take 60-90 days to complete. Repairs include Exterior and Interior paint, New roof, New HVAC, flooring replaced, and the kitchen and both bathrooms need to be renovated. Once completed, thid property would sell quickly and easily generate a nice profit. Renovated properties in this community are taking an average of 67 days to go under contract and are selling for $145 per Sq./Ft.
Recent Comparables
- 1781 S. Hudson Cir. S. – (Fully renovated. Sold in 9 Days for $187,000)
- 2268 Lakeview Dr. – (Not renovated but sold in 3 days for $170,000)
- 1953 McKinley Ave. – (Not renovated but sold for $165,900 in 17 days)
Terms
This property is available via our “Assignment Program”. We have entered into a purchase contract with the current owner to buy the property. We will sell our equitable interest in this contract to a third party via assignment for a fee. A local, reputable title company and/or attorney will be enlisted to handle the closing and transfer of title.”
All properties are sold for cash or hard money on a “First Come, First Served basis”. Buyers responsibility to do your own due diligence and verify all information. Prices are NET to seller with buyer paying all closing costs, including any Agent/Broker commissions. Opinions of value/rents are given as a courtesy and no guarantees are expressed or implied. A minimum of $3,000 deposit and fully executed assignment agreement required to secure the property. Our properties move fast so contact us quickly if you have an interest in purchasing this property.
Hurry! To make us an offer ASAP! Properties like this don’t last long.