This Palm Bay property has moderate flip potential. At $181K for 1,104 sqft, it's priced competitively at $164/sqft. The comps show potential for significant value increase with strategic upgrades. Adding a bedroom or bath could boost value by 15-20%, while expanding living space might yield a 27% increase.
Consider a targeted renovation focusing on adding a bedroom and bathroom. This could potentially increase the property's value to around $218K, based on comp data. However, carefully weigh renovation costs against potential profit. The property's age (built in 1988) may require additional updates to compete with newer homes in the area.