Investor Special - Palm Bay, FL | Cash or Hard Money Only
Investor's Dream Opportunity! This 3-bedroom, 2-bath home is priced well below market value — perfect for a full renovation project or Section 8 rental investment.
Key Details:
New Roof Installed (1 Month Ago) - major expense already done!
ARV (After Repair Value): ~$310,000+ based on nearby comps
Estimated Rehab: ~$40,000 for full cosmetic and system upgrades
Rental Potential: ~$2,600-$2,700/month with Section 8 tenants
Needs: New A/C and full interior updates
Terms:
CASH or HARD MONEY ONLY
No Financing or Inspection Contingencies - inspections must be completed prior to submitting offer
Serious Buyers Only - No Wholesalers or Low Offers
This property has huge upside potential and is ideal for investors looking to flip or hold for strong rental income.
For sale
Price cut: $2K (12/9)
$172,500
826 Ferndale Ave, Rockledge, FL 32955
3beds
1,150sqft
Est.:
Single Family Residence
Built in 1964
6,098.4 Square Feet Lot
$-- Zestimate®
$150/sqft
$-- HOA
What's special
- 64 days |
- 479 |
- 10 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 02:10pm
Listed by:
Bruno A Iarussi 954-643-4831,
LoKation
Source: Space Coast AOR,MLS#: 1059242
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
Primary bathroom
- Level: Main
Heating
- Central
Cooling
- Central Air
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,150 sqft
Property
Parking
- Parking features: Other
Features
- Stories: 1
Lot
- Size: 6,098.4 Square Feet
- Features: Other
Details
- Additional parcels included: 2425179
- Parcel number: 24363281B65
- Special conditions: Owner Licensed RE,Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
Condition
- Fixer
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Subdivision: Park Acres Unrec Subd
HOA
- Has HOA: No
Location
- Region: Rockledge
Financial & listing details
- Price per square foot: $150/sqft
- Tax assessed value: $79,720
- Annual tax amount: $961
- Date on market: 10/9/2025
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$2,252/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Price change | $172,500-1.1%$150/sqft |
Source: Space Coast AOR #1059242 Report a problem | ||
| 11/13/2025 | Price change | $174,500-4.4%$152/sqft |
Source: Space Coast AOR #1059242 Report a problem | ||
| 10/31/2025 | Price change | $182,600-3.7%$159/sqft |
Source: Space Coast AOR #1059242 Report a problem | ||
| 10/9/2025 | Listed for sale | $189,600+89.4%$165/sqft |
Source: Space Coast AOR #1059242 Report a problem | ||
| 12/26/2024 | Sold | $100,100$87/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $961 +7.1% | $79,720 +9.4% |
| 2023 | $898 +20.7% | $72,850 +22.1% |
| 2022 | $744 +29.1% | $59,670 +94.9% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,131/mo
Principal & interest
$860
Property taxes
$211
Home insurance
$60
Climate risks
Neighborhood: 32955
Nearby schools
GreatSchools rating
- 2/10Endeavour Elementary MagnetGrades: PK-6Distance: 1.4 mi
- 3/10Ronald Mcnair Magnet Middle SchoolGrades: 7-8Distance: 0.2 mi
- 4/10Rockledge Senior High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Endeavour
- Middle: McNair
- High: Rockledge
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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