$230,000
Palm Bay, FL 32909
MLS# 790575
Status: Closed
3664 sqft
1 / 9
Property Description
This is an excellent opportunity for an Investor. All units are currently occupied. Three Units are occupied by Section-8 Tenants. Big lot (.69 Acres). Palm Bay Area is growing fast. Manage yourself or have a management company manage for you.
Details
Maps
Location, Tax, and Legal
Tax Account: 2923015
Parcel Number: 29-37-03-26-01985.0-0007.00
General County Location: South
Elementary School: Port Malabar
Middle School: Stone
High School: Palm Bay
Tax Annual Amount: 5285.84
Tax Year: 2016
Tax Legal Description: PORT MALABAR UNIT 40 LOT 7 BLK 1985
Directions: From I95 Exit at Malabar Rd SE (East to), Take South Babcock St (South to). Turn left at Convair St SE. QuadPlex is on the left at the corner of Mercury Ave SE.
General Property Information
Number Of Units Total: 4
Living Area: 3664
Living Area Source: Public Records
Building Area Total: 3664
Lot Size Acres: 0.69
Lot Size Dimensions: 225' X 133'
Lot Size Square Feet: 30056
Association YN: No
Garage YN: No
Property Use: 0001
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Use Code: 0840 - Quadruplex
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 73.42
Sold Price/SqFt: 62.77
Year Built: 1986
Remarks and Miscellaneous
Public Remarks: This is an excellent opportunity for an Investor. All units are currently occupied. Three Units are occupied by Section-8 Tenants. Big lot (.69 Acres). Palm Bay Area is growing fast. Manage yourself or have a management company manage for you.
Appliances
Other: 1
Association Amenities
Management - Off Site: 1
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Flooring
Carpet: 1
Vinyl: 1
Legal Details
Plat Book #: 21
Plat Book Page: 29
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Other: 1
Parking Features
Other: 1
Pool Features
None: 1
Income and Expenses
Gross Income: 0
Gross Scheduled Income: 29340
Net Operating Income: 19547
Operating Expense: 9793
Owner Pays
Grounds Care: 1
Trash Collection: 1
Other: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Special Listing Conditions
Standard: 1
Water Source
Well: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Showing Considerations
Occupied: 1
Historical Information
Public Historical Remarks 3: Number of Buildings: 1 Building
Contract Information
Current Price: $230,000
Original List Price: 269000
Sold Price: $230,000
Status: Closed
Listing Contract Date: 2017-08-01
Property Sub Type: Quadruplex
Location Tax and Legal
Street Number: 1831
Street Name: Convair
Street Suffix: Street
Street Direction Suffix: SE
County: Brevard
State: FL
Postal Code: 32909
MLS Area Major: 342 - Malabar/Grant-Valkaria
Subdivision Name: Port Malabar Unit 40
Status Change Information
Major Change Timestamp: 2017-12-27T18:58:14Z
Major Change Type: Status Change
Status Change Timestamp: 2017-12-27
Purchase Contract Date: 2017-10-09
Close Date: 2017-12-22
Close Price: 230000
Property Features
Appliances: Other
Association Amenities: Management - Off Site
Construction Materials: Block; Concrete; Stucco
Flooring: Carpet; Vinyl
Levels: Two
Listing Terms: Cash; Conventional
Lot Features: Corner Lot; Other
Owner Pays: Grounds Care; Trash Collection; Other
Parking Features: Other
Pool Features: None
Road Surface Type: Paved
Roof: Shingle
Special Listing Conditions: Standard
Water Source: Well
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Office
Listing Office: Harbor City Business Brokers
Last Updated: December - 29 - 2025
Information is deemed to be reliable, but is not guaranteed.