$799,900
$799,900
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4 Baths
2,290 SqFt
SOLD DATE : 11/21/2024
Key Details
Sold Price $799,900
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,290 sqft
Price per Sqft $349
Subdivision Merritt Park Place
MLS Listing ID 1027824
Sold Date 11/21/24
Total Fin. Sqft 2290
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1928
Annual Tax Amount $3,769
Tax Year 2024
Lot Size 0.310 Acres
Acres 0.31
Property Description
This is your chance to own the iconic Balibar property! This well-known location includes the sale of all real estate including the indoor bar/building, private courtyard, grand stage, tropical oasis area, and 3 additional, potential income producing properties on site. Two studio houses, and one 1bedroom 1 bathroom house on front SE corner of property. 4 livable buildings total w stage and additional storage shed(s). No current tenants in place so new owner may use at their discretion. Rent potential estimates of $88,800 annually. This property has limitless potential and provides a unique opportunity for the buyer/new owner far beyond the standard music venue, bar, or restaurant concept, making it the perfect place for weddings, birthdays, anniversaries, and more. Upgrades include: New building/outparcel #1 2020 and #2 in 2021. New plumbing in 2017. New electrical in 2017 and so much more.
Location
State FL
County Brevard
Area 251 - Central Merritt Island
Direction Off of Courtenay Pkwy on the corner of Mc Leod and Myrtice.
Interior
Cooling Central Air
Exterior
Exterior Feature ExteriorFeatures
Parking Features Parking Lot
Utilities Available Cable Available
Present Use Mixed Use
Garage No
Building
Lot Description Wooded, Other
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 24-36-35-32-0000e.0-0014.00
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Bought with 321 Realty, LLC
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