1117 Riverdale Dr, Melbourne, FL 32935

🌴 OFF-MARKET OPPORTUNITY – MELBOURNE, FL 🌴
📍 1117 Riverdale Dr, Melbourne, FL 32935
💰 Asking Price: $169,900 | 💸 ARV: ~$240K | 🔨 Rehab Estimate: $40K

Discover the potential in this 2 bed, 1.5 bath townhome nestled in a desirable area of Melbourne, just minutes from the water. With 1,116 sqft of living space, this two-story home is vacant and ready for upgrades – perfect for investors or homeowners looking to build equity.

🔍 Property Highlights:

• 🛏 2 Beds | 1.5 Baths

• 📐 1,116 Sqft

• 🏗 Construction: Wood Frame

• 🏠 Roof: ~10 years old, no leaks

• ❄️ AC: In working condition

• 💡 Electrical & Plumbing: Both in good condition

• 🪵 Flooring: Needs replacement upstairs

• 🍽 Kitchen: Cosmetic/esthetic updates recommended

• 🧹 Occupancy: Vacant – easy to show and start work

📍 Location Perks:
Close to the water, shopping, and main commuter routes – a great long-term rental or flip opportunity in a high-demand pocket.

📊 COMPARABLE SALE:

• 1077 Riverdale Dr – SOLD for $190K – Similar size & layout!

With cosmetic updates and a solid rehab plan, this property has strong upside potential in today’s market.

📞 DM now for access, photos, or to make an offer before it’s gone!