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This 1 bedroom, 1.5 bath condo located on the ocean is super clean and needs very little to make a quick profit. It is in a very quiet and desired community with several amenities. The HOA is $315/mo, however you should be able to be in and out very quickly. The guest bath vanity and the flooring in the bedroom should be replaced, you may consider changing the kitchen counter tops, but other than that this is pretty much ready to go. Overall you could be in this for under $5k with and ARV of $155k. See below for comps.
Vista Del Mar, Monthly HOA: $315
Assignable
Est. Rehab: $5,000
Est. ARV: $155,000
Recent Area Sold / Activity:
5400 Highway A1A #D8 – 1 Bed 1.5 Bath – 1,000 sqft – SOLD $155k on 11/1/2017
- Address: Highway A1A, Indian River Shores, Florida
- Price: $114,000
- Availability: Sold
- Listing Type: Condo
- Bedrooms: 1
- Bathrooms: 1.5
- Total Square Feet: 1000
- Year Built: 1972