Investor Opportunity – Turnkey Condo with Strong Returns & Modern Upgrades
Priced at $185,000, this fully renovated condo offers investors a stable, cash-flowing asset with a current valuation of approximately $170,000 at a 6.5% cap rate—and additional upside thanks to its long-term lease and recent improvements.
The unit is leased through April 2026 to a reliable tenant, providing immediate income and peace of mind. With a monthly rent of $1,455, low maintenance requirements, and updated finishes, this property stands out as a ready-made investment in today’s market.
Recent renovations completed just one year ago include:
Fresh interior paint throughout
Durable vinyl plank flooring
Upgraded 5.25" baseboards
New over-the-range microwave and new dishwasher
New kitchen sink and plumbing fixtures
Modern ceiling lighting and fans
This condo combines strong financial performance with contemporary comfort, making it ideal for investors seeking a low-effort, income-producing property.
Offered at $185,000 because of its upgrades, this turnkey unit delivers both steady cash flow and future appreciation potential. Don’t miss the opportunity to secure a high-performing property with solid tenant stability and recent upgrades already complete.
For sale by owner
$185,000
3551 D Avinci Way APT 3037, Melbourne, FL 32901
2beds
857sqft
Est.:
Condo
Built in 2006
-- sqft lot
$188,600 Zestimate®
$216/sqft
$345/mo HOA
What's special
Fully renovated condoFresh interior paintUpdated finishesModern ceiling lightingContemporary comfortNew dishwasherRecent renovations
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