Cocoa Flip Blocks from Indian River Yarber Ave. Cocoa, FL. 32927
This is a 3/2 1,344 SQFT block flip just blocks away from the Indian River. The property is a large 1/4 acre lot and features a 720 SQFT detached garage which could be kept as a garage or converted into an in-law suite.
The property is currently lived in and is in decent condition. The roof is only 5 years old, one bath was completely remodeled and the AC is about 8-10 years old. For a flip, this will basically need cosmetic updates throughout including kitchen, appliances, paint, floors and landscaping.
The neighborhood is surrounded by a mix of mobile homes and single families but has some nice houses as well. With its location to the river this should be a sought out property for end users looking to live in the area.
Here is a comps analysis of the area. We re-comped it and only staid inside this neighborhood. The value could be higher if you go outside of the neighborhood. This is a tough one to comp.