🛠️ Palm Bay 4-Bedroom Reno

  • $185,000
Medea Ave NW, Palm Bay, FL 32907
  • Single Family
  • Property Type
  • 4
  • Bedrooms
  • 2.00
  • Bathrooms
  • 1,803
  • Moderate
  • Estimated Rehab Cost
  • $290,000 to $305,000 +/-
  • Estimated ARV
  • Brevard
  • County

Overview

  • Single Family
  • Property Type
  • 4
  • Bedrooms
  • 2.00
  • Bathrooms
  • 1,803
  • Moderate
  • Estimated Rehab Cost
  • $290,000 to $305,000 +/-
  • Estimated ARV
  • Brevard
  • County

Description

This vacant one-story 4-bedroom, 2-bath home has 1,803 square feet, driveway parking, and a large enclosed rear room on an approximately 0.23-acre lot. The property had an electrical update completed in 2021. Renovation includes cosmetics throughout,  fixing facia, exterior cleanup, and finishes.

Estimated Repairs Needed

  • Roof covering, fascia, eaves, and roof-edge repairs
  • Exterior siding, trim, sealants, and paint
  • HVAC condenser, air handler, ductwork, and controls
  • Full kitchen cabinetry, counters, fixtures, and appliance package
  • Full bathroom finishes, fixtures, vanities, and surrounds
  • Ceiling and drywall repairs, interior paint, flooring, trim, doors, lighting, and hardware
  • Enclosed rear-room finishes and weatherproofing
  • Vegetation trimming, exterior cleanup, drainage correction, and landscaping

Comparable Sales

  1. 435 Consolata Avenue NW – 0.8 miles away; 4/2, 1,836 square feet; sold May 2026 for $285,000; 0.23-acre lot; no pool; no conventional garage; renovated 1984 home with a new roof, updated kitchen and baths, and a close age and size match.
  2. 406 Commodore Avenue NW – 0.69 miles away; 4/2, 1,800 square feet; sold January 2026 for $304,300; approximately 0.23-acre lot; no pool; attached garage; updated home with nearly identical living area and a superior parking profile.
  3. 195 Benchor Road NW – 0.29 miles away; 4/2, 1,568 square feet; sold December 2025 for $261,000; 0.24-acre lot; no pool; attached 2-car garage; partially updated smaller home with a 2022 roof and 2017 HVAC supporting the lower portion of the range.
  4. 208 Abalone Road NW – 0.36 miles away; 3/2, 1,541 square feet; sold February 2026 for $304,999; 0.24-acre lot; no pool; attached garage; updated home with a newer roof, smaller living area, and one fewer bedroom.
  5. 443 Biscayne Avenue NW – 0.76 miles away; 4/2, 2,040 square feet; sold August 2026 for $347,000; 0.23-acre lot; no pool; attached garage; updated move-in-ready larger 2020 home supporting the upper boundary after age, size, construction, and parking adjustments.

ARV & Rental Analysis

Estimated ARV: $290,000 to $305,000 +/-

Estimated Rent: $2,100 to $2,300 per month +/-

Details

  • Price: $185,000
  • Property Size (Sq. ft.): 1,803
  • Land Area (Acres): 0.23
  • Bedrooms: 4
  • Bathrooms: 2.00
  • Garage: None
  • Year Built: 1981
  • Property Type: Single Family
  • Property Status: Flip
  • County: Brevard
  • Estimated ARV: $290,000 to $305,000 +/-
  • Estimated Rehab Cost: Moderate
  • Estimated Monthly Rent: $2,100 to $2,300 per month +/-
  • Yearly Taxes: $546
  • HOA Monthly Cost: $0
  • Construction Type: Frame
  • Pool: None
  • City Palm Bay
  • State Florida

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