2000 Built Merritt Island Pool Flip

2000 Built Merritt Island Pool Flip

4 bed 2 bath 2165 sq ft Built in 2000 Single Family
Login or register to unlock this property’s address.
72
Quality of Comparables
Low High
15 /20
Level of Rehab
Heavy Light
12/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
14/20
School Rating
F A
8/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Located just off of South Tropical Trail in Merritt Island, is this 4 bedroom, 2-bathroom pool home.  The home has 2165 square feet and sits on a large corner lot.  We suggest making updates to the interior, such as new floors, appliances, and kitchen cabinets, as well as bathroom updates, and a fresh coat of paint both inside and outside.  With this home being the lowest priced pool home within a one-mile radius, a savvy investor will be able to acquire this property at a large discount.  

We also suggest changing the roof and AC systems to attract more end buyers, once updated.  Another key point, is that the current taxable value is $421,500, giving you the opportunity to acquire this property just above taxable value.  Updated pool homes are selling quickly, for well over $600,000.  Call your EquityPro Advisor today to secure this deal!

Ask about this property
Log in/Register to ask about this property.

We recommend flip
Rental Income
$3,000 mo. / $36,000 yr.
Estimated Taxes
$5,800 / yr.
Maintenance
$500 / yr.
HOA Dues
$504 / yr.
$22,596
Projected Income
4.42%
Estimated APY
$80,950
Projected Income
15.02%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

Unlock this property’s comps.