$189,600
For Sale

826 Ferndale Avenue

Rockledge, FL 32955
3 beds | 2 baths | 0.14 acres | #1059242
Type:Purchase
Structure:House
Zone:Residential

Description

Investor Special - Palm Bay, FL | Cash or Hard Money Only <br />Investor's Dream Opportunity! This 3-bedroom, 2-bath home is priced well below market value — perfect for a full renovation project or Section 8 rental investment.<br />Key Details:<br />New Roof Installed (1 Month Ago) - major expense already done!<br />ARV (After Repair Value): ~$310,000+ based on nearby comps<br />Estimated Rehab: ~$40,000 for full cosmetic and system upgrades<br />Rental Potential: ~$2,600-$2,700/month with Section 8 tenants<br />Needs: New A/C and full interior updates<br />Terms:<br />CASH or HARD MONEY ONLY<br />No Financing or Inspection Contingencies - inspections must be completed prior to submitting offer<br />Serious Buyers Only - No Wholesalers or Low Offers<br />This property has huge upside potential and is ideal for investors looking to flip or hold for strong rental income.

  • Property Details
      • Property SubtypeSingle Family Residence
      • SubdivisionPark Acres Unrec Subd
      • Sewer InformationPublic Sewer
      • Cooling FeaturesCentral Air
      • Elementary SchoolEndeavour
      • High SchoolRockledge
      • Property TypePurchase
      • CountyBrevard
      • MLS #1059242
      • MLS #1059242
      • Utility SourcePublic
      • Middle SchoolMcNair
      • Cost189600
      • Lot DescriptionOther
      • Parking FeaturesOther
      • Utility FeaturesOther
      • Acres0.14
      • Year Built1964
      • Cooling1
      • Bedrooms3
      • Bathrooms2
      • Full Baths2

Location

Lynn A GansterRealtor
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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