πŸ”₯ Sebastian, FL Flip or Rental Opportunity – $120K+ Equity Spread!

3 Beds / 2 Baths β€’ 1,232 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 2
  • 1979
  • 1232
  • 1232
  • Attached Garage

Description

🏑 Off-Market Opportunity – Sebastian, FL

3 Bed | 2 Bath | 1,232 Sq Ft | 0.23 Acre Lot

Assignment Price: πŸ’° $180,000

ARV: πŸ’΅ $300,000 +

Est. Rent: $2,200 / month (approx.)

πŸ“ Property Overview

Excellent investment opportunity in the heart of Sebastian, FL 32958.

This 3 bed / 2 bath single-family home sits on a quiet street in Sebastian Highlands β€” one of the area’s most stable rental and owner-occupied neighborhoods.

Solid block construction and a functional floorplan make this a perfect light-to-medium rehab or rental property.

Built in 1979 | 1,232 sq ft living area | 10,019 sq ft lot (β‰ˆ 0.23 acres).

πŸ”¨ Investment Highlights

  • 3 Bedrooms / 2 Bathrooms / 1,232 Sq Ft
  • Spacious yard – great curb appeal potential
  • Concrete block structure – low maintenance
  • Strong rental demand in Sebastian (high occupancy area)
  • Nearby schools rated 6–9 / 10
  • 2024 sale comps support ARV ~ $300K +
  • Flip or hold – both strategies pencil well

πŸ’‘ Exit Strategies

βœ… Fix & Flip: Light to moderate rehab to reach full retail value β‰ˆ $300K +

βœ… Buy & Hold: Projected gross rent β‰ˆ $2,200 / mo β†’ cap rate β‰ˆ 10% + at asking

βœ… BRRRR: Refinance potential with solid equity margin

🏠 Comps

AddressBed/BathSq FtSold PriceSold Date
315 Melrose Ln3/21,248$315,00005/2024
377 Melrose Ln3/21,210$305,00004/2024
380 Del Monaco Ave3/21,200$310,00003/2024

⚠️ Notes

  • Vacant at closing
  • Buyer pays all closing costs
  • Cash or hard-money only
  • No wholesalers / daisy chains

πŸ“ž Contact

Shaun Holyfield

πŸ“² 850-353-3661

πŸ“§ info@raymorganinvestments.com

🌐 www.RayMorganInvestments.com

Estimated Spread

  • ARV $305,000
  • Price $210,000
  • Spread $95,000