$750,000
$799,900
6.2%For more information regarding the value of a property, please contact us for a free consultation.
3,471 SqFt
SOLD DATE : 02/16/2023
Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,471 sqft
Price per Sqft $216
Subdivision Indialantic Heights 2Nd Sec
MLS Listing ID 952846
Sold Date 02/16/23
HOA Y/N No
Total Fin. Sqft 3471
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1959
Annual Tax Amount $3,796
Tax Year 2022
Lot Size 10,019 Sqft
Acres 0.23
Property Description
CALLING FOR OFFERS! Possibly split into 2 SEPARATE UNITS with a gross 8% ROI! Fully renovated, walking distance to the beach AND river in highly sought after, centrally located Indialantic! All the heavy lifting has been done- roof, impact windows, and 1 AC-2014, and plumbing, electrical, and 2nd AC- 2022. The bones are great for a long term hold, and the aesthetics will fetch top dollar for the savvy investor looking for consistent yearly income. With some minor adjustments, you will have one ground floor unit with over 2400 sqft- 4/3, split floor plan, with comparable rentals fetching around $3600/month. The top floor unit will have over 1000 sqft- 2/1. Comparable rentals are fetching around $2000/month. No pool for unnecessary liability, and plenty of parking with corner lot placement.
Location
State FL
County Brevard
Area 383 - N Indialantic
Direction From 5th Ave- head north on Riverside Dr., turn right on Seabreeze Dr. Subject is on the left corner lot, after stop sign.
Interior
Cooling Central Air
Flooring Tile, Vinyl
Appliance Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
Laundry Electric Dryer Hookup
Exterior
Exterior Feature ExteriorFeatures
Garage Attached, Garage Door Opener
Garage Spaces 2.0
Pool None
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Available
Waterfront No
Roof Type Shingle
Parking Type Attached, Garage Door Opener
Garage Yes
Building
Lot Description Corner Lot
Water Public
Schools
Elementary Schools Indialantic
High Schools Melbourne
Others
Senior Community No
Tax ID 27-37-36-02-00000.0-0012.00
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
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