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Merritt Island flip in the beautiful subdivision of Surfside Estates, within walking distance to the Banana River and just a few short minutes to the beaches at Jetty Park! This is the least expensive house offered in the area and especially in Surfside Estates. The least expensive active in this subdivision is $369,900, and the cheapest Pending is over 100K more than this. This property would make an amazing flip for any savvy investor.
*Property is listed as a 4/2 on tax roll but only 3 bedrooms were counted.
House will need a full rehab including kitchen, baths, paint, and flooring. The roof looks to be in good condition but should be inspected to be sure.
The subdivision is very close to the water, plus there are no actives at all anywhere near this price. The 4/2 pending for 264K (1430 Eddy) is not on the water and went pending in 6 days. 1435 Eal is also not waterfront and would be the most similar, sold for 230K (had to go out further than 6 months to get this one because it sold on 1/1/18). All comps within 1 mile and sold this year.
Surfside Estates, No HOA
Assignable
Est. Rehab: $30,000 – $40,000
Est. ARV: $235,000
- Address: Chub Street, Merritt Island, Florida 32952
- Price: $155,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 2
- Total Square Feet: 1408
- Construction Type: Block
- Year Built: 1963