$1,300,000
Melbourne Beach, FL 32951
MLS# 871214
Status: Closed
2725 sqft
1 / 27
Property Description
Turn key, income producing Oceanfront quad-plex in one of the most pristine stretches of Florida coast yet only minutes to a Publix grocery store, downtown areas & 2 golf courses. Entire property has been completely renovated, so no work to do here ! All new, tastefully decorated interiors, new roof, updated electrical and plumbing, new Ocean deck and dune crossover and much more ! Furnishings and future bookings included in the sale. Room on site to add additional living area. This income producing property is known as ''Tranquility'' for a reason ! Shown by appointment only as rooms are often rented. Call today !
Details
Maps
Location, Tax, and Legal
Tax Account: 2954165
Parcel Number: 29-38-14-00-00253.0-0000.00
General County Location: South
Elementary School: Gemini
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 13440
Tax Year: 2019
Tax Legal Description: PART OF GOVT LOT 1 LYING EAST OF A1A AS DES IN ORB 1789 PG 66
Directions: A1A just a couple miles South of Publix in Melb Bch
General Property Information
Number Of Units Total: 4
Living Area: 2500
Living Area Source: Public Records
Building Area Total: 2725
Lot Size Acres: 0.8
Lot Size Square Feet: 34848
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: Yes
Use Code: 08 / QUADRUPLEX
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 580
Sold Price/SqFt: 520
Year Built: 1979
Remarks and Miscellaneous
Public Remarks: Turn key, income producing Oceanfront quad-plex in one of the most pristine stretches of Florida coast yet only minutes to a Publix grocery store, downtown areas & 2 golf courses. Entire property has been completely renovated, so no work to do here ! All new, tastefully decorated interiors, new roof, updated electrical and plumbing, new Ocean deck and dune crossover and much more ! Furnishings and future bookings included in the sale. Room on site to add additional living area. This income producing property is known as ''Tranquility'' for a reason ! Shown by appointment only as rooms are often rented. Call today !
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Water Softener Owned: 1
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Flooring
Tile: 1
Laundry Features
Electric Dryer Hookup: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Other: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Financial Data Source
Owner: 1
Income and Expenses
Gross Income: 0
Gross Scheduled Income: 106000
Net Operating Income: 53000
Operating Expense: 53000
Owner Pays
Cable TV: 1
Electricity: 1
Grounds Care: 1
Insurance: 1
Janitorial Service: 1
Management: 1
Pest Control: 1
Repairs: 1
Taxes: 1
Telephone: 1
Trash Collection: 1
Other: 1
Roof
Shingle: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Water Source
Well: 1
Waterfront Features
Ocean Front: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
No Sign: 1
Historical Information
Public Historical Remarks 3: Expenses Include-Supplies: Y, Expenses Include-License Permits: Y, Expenses Include-Legal/Accounting: Y, Expenses Include-Advertising: Y, Number of Buildings: 1 Building
Contract Information
Current Price: $1,300,000
Original List Price: 1450000
Sold Price: $1,300,000
Status: Closed
Listing Contract Date: 2020-03-18
Property Sub Type: Quadruplex
Location Tax and Legal
Street Number: 5695
Street Direction Prefix: S
Street Name: Highway A1a
County: Brevard
State: FL
Postal Code: 32951
MLS Area Major: 385 - South Beaches
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2020-10-21T22:25:03Z
Major Change Type: Status Change
Status Change Timestamp: 2020-10-21
Purchase Contract Date: 2020-07-29
Close Date: 2020-10-21
Close Price: 1300000
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Softener Owned
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air; Electric
Financial Data Source: Owner
Flooring: Tile
Laundry Features: Electric Dryer Hookup
Levels: One
Listing Terms: Cash; Conventional
Lot Features: Other
Owner Pays: Cable TV; Electricity; Grounds Care; Insurance; Janitorial Service; Management; Pest Control; Repairs; Taxes; Telephone; Trash Collection; Other
Pool Features: None
Possession: Close Of Escrow
Roof: Shingle
Sewer: Septic Tank
Special Listing Conditions: Standard
Utilities: Cable Available
Water Source: Well
Waterfront Features: Ocean Front
Showing Requirements: Appointment Only; Call Listing Office; No Sign
Listing Office: One Sotheby's International
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.