$277,500
Melbourne, FL 32901
MLS# 1054145
Status: Closed
4 beds | 2 baths | 1854 sqft
1 / 1
Property Description
BOTH SIDES LEASED OUT UNDER NEW LEASES 416 IS A 1 BEDROMM 1 BATH UNIT AND RENTS FOR $1100 PER MONTH 412 IS A 3 BEDROOM 1 BATH UNIT AND RENTS FOR 1800 PER MONTH GREAT OPPORTUNITY TO LIVE IN ONE SIDE AND RENT OUT THE OTHER OR CONTINUE AS A FULL INCOME PRODUCING PROPERTY. FEATURES SEPARATE WATER AND ELECTRIC METERS, SEPARATE UTILITY ROOMS, LARGE CORNER LOT WITH MATURE TREES, CONCRETE BLOCK CONSTRUCTION. TILE FLOORS IN BOTH UNITS. UNITS ARE IN GOOD CONDITION. 3 BEDROOM HAS REMODELED KITCHEN AND BATHROOM, CENTRAL A/C LESS THAN 3 YEARS OLD. GREAT LOCATION NEAR SOME OF BREVARDS MAJOR EMPLOYERS, HOSPITAL AND AIRPORT.
Details
Maps
Contract Information
Comp Sale YN: No
Current Price: $277,500
OriginalListPrice: 299000
Sold Price: $277,500
Status: Closed
Listing Contract Date: 2025-08-10
Property Sub Type: Duplex
Location, Tax, and Legal
Unit Number: 412/416
Tax Account: 2728829
Parcel Number: 27-37-28-76-00000.0-0303.00
General County Location: South
Elementary School: Harbor City
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 3121.28
Tax Year: 2024
Zoning Description: Multi Family
Directions: Heading north on Babcock from intersection of Nasa and Babcock cross over railroad tracks and immediately turn left on Neiman then and immediate right on Butler. Unit is on left corner of Neiman and Butler
General Property Information
Number Of Buildings: 1
Number Of Units Total: 2
Stories Total: 1
Bathrooms Half: 0
Living Area: 1646
Living Area Source: Appraiser
Building Area Total: 1854
Lot Size Acres: 0.23
Lot Size Square Feet: 10019
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Waterfront YN: No
Open Parking Spaces: 4
Parking Total: 4
Senior Community YN: No
CDD Fee YN: No
Water Body Access YN: No
Furnished: Unfurnished
Stories: 1
Entry Level: 1
Direction Faces: East
Pool Private YN: No
List Price/SqFt: 181.65
Sold Price/SqFt: 168.59
Bedrooms Total: 4
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 1955
Remarks and Miscellaneous
Public Remarks: BOTH SIDES LEASED OUT UNDER NEW LEASES
416 IS A 1 BEDROMM 1 BATH UNIT AND RENTS FOR $1100 PER MONTH
412 IS A 3 BEDROOM 1 BATH UNIT AND RENTS FOR 1800 PER MONTH
GREAT OPPORTUNITY TO LIVE IN ONE SIDE AND RENT OUT THE OTHER OR CONTINUE AS A FULL INCOME PRODUCING PROPERTY.
FEATURES SEPARATE WATER AND ELECTRIC METERS, SEPARATE UTILITY ROOMS, LARGE CORNER LOT WITH MATURE TREES, CONCRETE BLOCK CONSTRUCTION. TILE FLOORS IN BOTH UNITS.
UNITS ARE IN GOOD CONDITION. 3 BEDROOM HAS REMODELED KITCHEN AND BATHROOM, CENTRAL A/C LESS THAN 3 YEARS OLD. GREAT LOCATION NEAR SOME OF BREVARDS MAJOR EMPLOYERS, HOSPITAL AND AIRPORT.
Appliances
Electric Range: 1
Refrigerator: 1
Closing Company Details
Closing Company Name: SPIRA LAW GROUP
Closing Company Address: 4865 N WICKHAM RD #106 Melbourne FL 32940
Construction Materials
Block: 1
Cooling
Central Air: 1
Electric: 1
Wall/Window Unit(s): 1
Current Use
Multi-Family: 1
DPR Eligible
DPR Eligible: Yes
Fencing
Privacy: 1
Wood: 1
Flooring
Tile: 1
Heating
Electric: 1
Other: 1
Laundry Features
Electric Dryer Hookup: 1
Multiple Locations: 1
Washer Hookup: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Few Trees: 1
Parking Features
Off Street: 1
Possession
Subject To Tenant Rights: 1
Income and Expenses
Gross Income: 34200
Gross Scheduled Income: 34200
Income Includes
Rent Only: 1
Owner Pays
Insurance: 1
Repairs: 1
Taxes: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Roof
Shingle: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Grounds Care: 1
Hot Water: 1
Sewer: 1
Telephone: 1
Trash Collection: 1
Water: 1
Unit 1 Details
Unit ID: 412
Actual Rent: 1100
Unit SqFt: 600
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: CUTE 1 bedroom
Unit 2 Details
Unit ID: 416
Actual Rent: 1750
Unit SqFt: 1000
Beds Total: 3
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: spacious 3 bdrm with large utility/storage room
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Showing Considerations
Occupied: 1
Location Tax and Legal
Street Number: 412
Street Name: Butler
Street Suffix: Street
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: Indian River Bluff No 3
Status Change Information
Major Change Timestamp: 2026-01-03T15:42:47Z
Major Change Type: Status Change
StatusChangeDate: 2026-01-03
Purchase Contract Date: 2025-11-22
Close Date: 2025-12-29
Close Price: 277500
Property Features
Appliances: Electric Range; Refrigerator
Construction Materials: Block
Cooling: Central Air; Electric; Wall/Window Unit(s)
Current Use: Multi-Family
Fencing: Privacy; Wood
Flooring: Tile
Heating: Electric; Other
Income Includes: Rent Only
Laundry Features: Electric Dryer Hookup; Multiple Locations; Washer Hookup
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Corner Lot; Few Trees
Owner Pays: Insurance; Repairs; Taxes
Parking Features: Off Street
Possession: Subject To Tenant Rights
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Shingle
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Grounds Care; Hot Water; Sewer; Telephone; Trash Collection; Water
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Listing Office: Demarco Properties
Last Updated: April - 23 - 2026
Information is deemed to be reliable, but is not guaranteed.