The story
Investor Opportunity -- Barefoot Bay, Brevard County, FL 2BR/2BA manufactured home, 828 SF, on an OWNED 5,227 SF lot -- no lot rent (just $62/mo HOA). Built 1977, metal roof, central HVAC, carport, screened patio. Established Barefoot Bay community near the Sebastian/Micco line, minutes from the Indian River Lagoon and a short drive to Vero/Melbourne beaches. Light-rehab project priced for investors. Home is dated and needs a full cosmetic + systems reno. Recent inspection available: roof at end of life, Federal Pacific (Stab-Lok) panel, polybutylene plumbing, HVAC at end of life, water heater corrosion, flooring/interior, and siding/skirting. Utilities were off at inspection -- budget mechanicals as replacements. The numbers: low entry basis. Renovated comps $120K-$167K; market rent ~$1,500/mo. Strong fit for buy-and-hold rental or value-add resale in a community with steady demand. Full inspection in docs.
