Under contract-accepting backup offers. Investor special! Welcome to this single-family home bursting with potential. This concrete block home is a true diamond in the rough, perfect for investors, DIY homeowners, or anyone looking to build instant equity through renovation. The property features a spacious floor plan, an additonal bonus room, and a large backyard with a pool that has been covered for years. The pool be filled in or restored to make the most of the backyard! While the home will need a new roof, HVAC system, water heater, flooring, and cosmetic updates throughout, it has strong bones and sits in a quiet, established neighborhood with no HOA. The location is hard to beat—just 20 minutes to Cocoa Beach, 15 minutes to Historic Cocoa Village with its boutique shopping and waterfront dining, and only 5 minutes to Rockledge Gardens, Brevard County’s beloved garden center. Family fun is also close by at Route 7 Karting & Entertainment, only 10 minutes away. Dining options are abundant, including The Fennel Cake for cozy Southern comfort food just 5 minutes down the road, The Melting Pot for a fondue experience 10 minutes away, and Café Margaux for upscale French cuisine within 15 minutes. Whether you're looking for a renovation project to flip, a rental investment, or a home to customize and call your own, 1076 Madrid Rd offers a rare opportunity at a great price point. With easy access to I-95 and central to shopping, beaches, and top-rated local attractions, this home is full of promise. Cash or renovation loans only—don’t miss out on this high-potential property!