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Central Florida Realty Investors Association, Inc.

This Property is Not Active


509 North Carolina Avenue, Cocoa, FL, USA, Cocoa, FL 32922

Single Family / 3 Bedroom(s) / 2 Bath(s)

Property Status:  Not Available | $84,000.00 (Wholesale) | 


Property Photos


Rent Ready or Easy Flip Opportunity in Cocoa


Property Status:
Not Available | $84,000.00 (Wholesale)
Property Details:
Single Family / 3 BR / 2 BA
Property Style:
1-Story
Year Built:
1951
Finished Sq Ft:
1,157
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
Central Air
Contact Info
Waterman Real Estate
(321) 794-9172

View on Individual's Website
Property Description:
This 3 bedroom 2 bath block house is in overall good condition and offers 1,157 sqft of living space. The roof and AC appear to be in good condition, a good cleaning is all you would need to do to get this property rent ready at $1,100-$1,200/mo. Taxes were only $904 for 2017, with insurance your operating at a cap rate close to 14%. For a quick flip, some paint, baseboards and minor work in the bathrooms and kitchen is all you would need to do to flip this to an end buyer. You could probably get away with between $5k-$10k in repairs to turn this around. See comps below for both options: Rentals: 1044 Avon Pl - 3/2 - 1,056 sqft - Clean, somewhat updated - Rented $1,200 411 Prospect Ave - 3/1.5 - 1,100 sqft - Clean, dated - Rented $1,150 1102 Highland Dr - 3/1.5 - 984 sqft - Clean, updated with pool - Rented $1,200 Flip: 1103 W Highland Dr. - 4/2 - 1,134 sqft - Clean, updated - SOLD $127k - 12 DOM 1058 Olive St - 3/2 - 1,015 sqft - Clean, dated - PENDING $105k - 49 DOM 416 Thomas Ave - 3/1 - 960 sqft - Clean, dated - PENDING $99k - 2 DOM

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee. Central Florida Realty Investors Association, Inc. is not responsible nor will be held liable for the property or the information listed here.

Central Florida Realty Investors Association, Inc. is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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Central Florida Realty Investors Association, Inc.

5125 Adanson Street Suite 900
Orlando, FL 32804
(407) 328-7773

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