Property Has Been Sold

5005 E 1st Sq SW

$425,000
ARV
$329,990
Asking Price
Rehab Price

5005 E 1st Sq SW

2,158 sqft.
4
3
Built In: 
2002
Lot Size: 
8,712 sqft.
HOA: 
$95/mo
Single Family Home

Property Overview

This 4/3 concrete block home in Vero Beach is a great opportunity for a quick flip or rental. The home is rent ready in its current condition and with a newer roof and low HOA it would be easy to rent. If you choose to flip the property a simple cosmetic renovation is all that's needed to bring the interior into 2026.

View Plans & Flyers
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Interior Gallery

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Exterior Gallery

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Property Condition & Rehab Needs

For a rental this home is turnkey and will require next to nothing to be ready for a tenant. For a flip only a light cosmetic renovation is needed to update the interior. The home would benefit from new bathrooms, kitchen, flooring, and paint to maximize resale value.

Comps

5760 1st Rd, Vero Beach, FL 32968Sold on 5/28 for 490k (extra half bath and larger)
5780 W 1st Sq Square SW, Vero Beach, FL 32968Sold on 7/21 for 405k (much smaller with one less bed and bath)
215 55th Ave SW, Vero Beach, FL 32968Sold on 6/22 for 450k (smaller and one less bed and bath but has a pool)

Additional Terms/Notes

First come first serve.
Property is sold in as-is condition.
Buyer to pay all closing costs, fees and taxes.
Seller chooses title company and escrow.
Cash or hard money only.
All due diligence and inspection must be done prior to contracting. Please verify information in listing.
Agents/Wholesalers please add commission/fee on top of purchase price.
$10,000 non refundable deposit, unless title is not clear, for first time buyers
$5,000 for repeat buyers

This is an assignment of contract. We are not brokers and we do not represent ourselves as such. Circumvention/Interference of any kind will NOT be tolerated and WILL result in legal actions + paying liquidated damages of $100,000 and our attorney's fees. By requesting the address you agree to these terms.

If you need hard money use this link to get $350 off your closing costs with the best hard money lender in the game Kiavi. https://try.kiavi.com/z4vuwsc85xlu

If you need gap funds for your down payment we can help by connecting you with our Private Lenders as well.

We can also put you in touch with our contractors to help you with your renovation.