3/2/2 on Creek in Melbourne Lynn Ave. Melbourne, FL. 32935
Investors opportunity for either Flip, Buy & Hold or the perfect option for an End-User! This 3/2/2 has been totally gutted and need complete renovation. Located in a very nice community and backs up to Elbow creek that accesses the Indian River. Features a new, large beautiful wood deck in the rear of property. The area is conveniently located via easy access to US HWY 1 (near shopping, dining, medical facilities, etc.).
ARV: $249k (if converted to 4/2)
*427 Thomas Barbour Dr – 4/2, 1220 SF – Sold 10/4/19 for $182k (Simple Reno across the other side of Creek)
*328 S Magnolia Ave – 3/2, 1337 SF – Sold 5/28/19 for $228k (Reno w/ detached pool)
*575 Loveridge Dr – 4/2, 1912 SF – Sold 11/14/19 for $261k (Reno)