6/2 Pool Home with detatched garage
Needs a Full rehab. AC needs to be replaced. Roof is old; has no leaks, but should be replaced. Per seller, most drain pipes have been replaced. House could be opened up to make it a 4 bedroom with a larger living space.
ARV: $375,000 – $390,000
Repairs: $65,000 – $80,000
Cash or Private Money ONLY. This is an assignable contract. Price includes assignment fee. Properties are sold AS-IS with NO inspection period. Non-refundable earnest money deposit $5000 due with signed contract. Buyer to pay all closing costs.
Comps:
105 Carib Dr, Merritt Island, sold 9/9/22 for $365,000, Renovated, smaller, no pool
484 Kennwood Ave, Merritt Island, Sold 6/6/22 for $370,00, Renovated, but with $20k concession for repairs, smaller, with pool
225 Bimini Dr, Merritt Island, Sold 6/27/22 for $335,000, Dated, no pool