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Great area just minutes to beautiful beaches. Property would make a great rental or flip opportunity in Melbourne where inventory is very low, especially in this neighborhood. This property is a 2/1, with a carport conversion into a family room and a concrete addition of a Florida Room which could easily be converted to a master suite making it a 3/2. Property features a detached concrete garage in the rear, an open layout and a dining area.
Electrical, plumbing, AC, and roof are all in good condition. The kitchen, bathroom, and flooring will all need to be updated. Interior and exterior paint must be applied. Doors should be replaced throughout, and a closet added to the Florida room to make it a 3rd bedroom. For max retail value, a 3rd bathroom should be added.
Alton Thomas, No HOA
Assignable
Est. Rehab: $20,000
Est. ARV: $140,000
Recent Area Sales / Activity:
*Nothing in Melbourne available in this area
- 1891 DAWN DR, MELBOURNE – 3/2 – Bought for 95k cash and sold in 2 months for 127k Cash. Outdated with no rehab.
- Address: Thomas Drive, Melbourne, Florida 32935
- Price: $105,000
- Availability: Sold
- Listing Type: Single Family
- Bedrooms: 3
- Bathrooms: 2
- Total Square Feet: 1444
- Construction Type: Block
- Year Built: 1958