3/2 Flip in Palm Bay Beche St SE, Palm Bay, FL. 32909
This is a 3/2 1,260 SQFT single family home in Palm Bay. The house sits on a nice 1/3 acre corner lot.
The house is currently rented for $900/month which is well below market value. Rental rates for similar properties in the area is $1,300-$1,400. After the tenant leaves it will need standard renovations to flip.
Using strictly the $/SQFT range of $160-$166 puts the ARV around $200k – $210k. But more realistically the ARV is about $215k. Either way it makes for a great flip.