1687 SE Floresta DRIVE SE, St Lucie West, FL 34983

$259,000

• 3 bd
• 2 ba
• 1,218 sqft
• Built 1979

Investor, handyman and contractor special. Short term financing is possible (only for qualified buyers and in first position only) with $125,000 down payment. This 3-bedroom, 2-bathroom frame home offers a prime value-add opportunity for a rental portfolio or a buyer ready to build significant sweat equity. Full transparency: this property requires a rehabilitation. It is currently in poor condition, needs extensive interior and exterior work, and is being sold strictly as-is with right to inspect, due diligence. The upside is the location and the footprint. The property is centrally located with immediate highway access, making it a highly desirable commuter hub. It sits just minutes from daily conveniences, including grocery stores, shopping centers, and local parks. The proven 3/2 layout provides an excellent foundation for a strong after-repair value (ARV) or a steady rental yield once stabilized. Bring your crew and your vision—this is a blank canvas in a highly practical location. Roof is 2004, AC is 2010, Windows 2011.

Listing courtesy of Miami Waterfront Realty.