SE Saracen Ave., Palm Bay, FL 32909

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This Southeast Palm Bay block home was built in 2006. The home is on septic and well, and while it appears to have been vacant for some time, it is actually in pretty amazing condition. The interior is in rental condition as-is, and with some yard clean up and some lipstick you are looking at a $195k-205k house. The rental market in the area for a 3/2, 1615 sq ft home should rent for about $1200-$1300 a month easily. Earn some cash flow and pick up $40k in equity. This is an easy one for you flippers and a great one for your landlords due to the newer age and clean interior.

Port Malabar, Bayside Lakes

Est. Rehab: under $5,000

Est. ARV: $195,000 – $205,000

Recent Area Sales / Activity:

• 1939 Radcliff Ave 3/2/2, 1919 SF, pool, built 1995, Sold $209,000.
• 1841 Warton Ave 3/2/2, 1406 SF, built 2006, Sold $197,000.
• 1560 Rainsville St. 3/2/2, 1406 SF, built 2008, Sold $192,500.
• 1691 Adview Rd, 3/2/2, 1428 SF, pool, built 1990, Pending $199,500.
• 969 SE Ray Rd, 3/2/2, 1212 SF, pool, built 1997, Sold $200,000