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Off-Market
Melbourne, FL 329354445 Sherwood Blvd
Melbourne, FL 32935, USA
List price
$250,000
$•••,•••
Single family house
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Story
APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL
Asking Price: $250,000
Bedrooms/Bathrooms: 4 Beds / 2 Baths
Living Area: 1,580 sq ft
Lot Size: 8,276 sq ft (Corner Lot)
Year Built: 1962
Blank Canvas Ready For Customizations
Investment Highlights
ARV: $350,000 - $375,000 based on recent renovated comps
Estimated Repairs: $47,000 - $60,000 (primarily cosmetic)
Major Systems Have Been Updated: have been updated within last 6 months
✅ New Roof
✅ Updated Electrical System
✅ New HVAC & AC System
FREE & CLEAR PROPERTY
Prime Location:
Walking distance to Eastern Florida State College
Close to major highways, beaches, shopping, dining, healthcare facilities, and parks
Projected Net Profit: Up to $49,100 (before taxes)
No Agent Commissions: Increase your profit margins with this direct deal
Why Invest in This Property?
Ideal for Handymen/Contractors:
Leverage your own crew to reduce rehab costs and increase profits.
High Rental Demand:
Perfect for student housing; potential rent $2,200 - $2,500/month
Minimal Risk:
Major systems are updated; focus on cosmetic enhancements
Strong Market Comps:
Similar renovated properties selling up to $375,000
Flexible Strategies:
Suitable for fix-and-flip, buy-and-hold, or live-in renovation
Growing Market:
Located in Melbourne's booming Space Coast area
Attractive Profit Margins:
Potential net profit up to 13% of ARV without agent commissions
OfferMarket listings are strictly for POF-verified end investor buyers (rental investors, fix and flip investors). Get instant quote and pre-approval
Property details
2 property details
Property
· The bones — what the buyer sees first
Property type
Single family house
History & terms
· Past sales, updates, and deal mechanics
Reason for sale
Need cash ASAP
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