NOT LISTED FOR SALE

1002 Brothers Ave Unit s 101, 102, 103 Melbourne, FL 32901

-- Bed
-- Bath
2,628 Sq Ft
5,663 Sq Ft Lot

Last Sold June 01, 2018

Last sale price $175,000 $67 Per Sq Ft

198 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Tile Flooring
  • Melbourne Senior High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property

About This Home

As of June 2018

FULLY RENTED - 4 UNITS IN 1 BUILDING FOR SALE - LAND ALSO INCLUDED. EACH UNIT HAS IT'S OWN WATER & ELECTRIC METERS. EACH TENANT PAYS THEIR OWN WATER & ELECTRICITY. This property is Zoned Mixed-Use Commercial/Residential. NEW ROOF INSTALLED 5-1-2016. Building has a total of 4 units that bring income in. Unit 101 is a hair salon paying $500 per month. Unit 102 is a 1bedroom 1bath paying $450 per month. Unit 103 and Unit 104 are both 2bedroom 1baths. Unit 103 is rented for $550 per month. Unit 104 is rented at $595 per month. Taxes were $1,587 in 2017. Owner pays approx. $1,000 for Insurance on the building per year. NO HOA FOR THE NEW OWNER TO WORRY ABOUT. Downtown Melbourne, Restaurants, Shopping close by with only a 5 to 10 minute drive to the beach from this TURN-KEY INVESTMENT PROPERTY.

Last Agent to Sell the Property

Ruben Garcia

ASK4 Realty & Mgmt., Inc. Listed on: 06/01/2018

Last Buyer's Agent

Ruben Garcia

ASK4 Realty & Mgmt., Inc. Listed on: 06/01/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,587

Year Built

  • Built in 1955

Lot Details

  • 5,663 Sq Ft Lot
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Shingle Roof
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,628 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Laminate
  • Tile

Schools

  • Harbor City Elementary School
  • Stone Middle School
  • Melbourne High School

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • The owner pays for insurance, management, taxes
  • Assessor Parcel Number 28-37-02-80-00000.0-0003.00

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Metcalfs Unrecorded Plat Of Balem Allen Tract Subdivision

Building Details

  • Operating Expense $4,987
  • Gross Income $25,140
  • Net Operating Income $20,153

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,587

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Reso Property Sub Type: Quadruplex
  • ResoLotFeatures: Corner Lot
  • Reso Association Amenities: Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Metcalfs Unrecorded Plat of Balem Allen Tract
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 28-37-02-80-00000.0-0003.00
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 1587.0
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 2628.0
  • General Property Information Building Area Total3: 2628.0
  • General Property Information Lot Size Acres: 0.13
  • General Property Information Lot Size Square Feet2: 5663.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • General Property Information Carport YN2: No
  • General Property Information Number Of Units Total2: 4.0
  • Gross Scheduled Income: 25140.0
  • Income And Expenses Operating Expense: 4987.0
  • Cooling WallWindow Unit(s): Yes
  • General Property Information Number Of Buildings2: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Membrane, Shingle
  • Acres: 0.13
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • General Property Information:Garage YN: No
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Other
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2817121
  • Parcel #: 28-37-02-80-00000.0-0003.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Management, Taxes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1587.0

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 4987.0
  • Income And Expenses Net Operating Income: 20153.0

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2018 06/01/18 Sold $175,000 -5.4% $67 / Sq Ft
05/31/2018 05/31/18 For Sale $185,000 0.0% $70 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
03/09/2018 03/09/18 Price Changed $185,000 +2.8% $70 / Sq Ft
03/09/2018 03/09/18 Price Changed $179,900 0.0% $68 / Sq Ft
03/09/2018 03/09/18 For Sale $179,900 +5.9% $68 / Sq Ft
12/16/2017 12/16/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $169,900 -- $65 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ruben Garcia

    ASK4 Realty & Mgmt., Inc.

See All Agents

Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 793309

Space Coast MLS (Space Coast Association of REALTORS®)
Florida Brevard County Melbourne 32901

1002 Brothers Ave Unit s 101, 102, 103, Melbourne, FL

This home is located at 1002 Brothers Ave Unit s 101, 102, 103, Melbourne, FL 32901 since 01 June 2018. This property was built in 1955. 1002 Brothers Ave Unit s 101, 102, 103 is a home located in Brevard County with nearby schools including Harbor City Elementary School, Stone Magnet Middle School, and Melbourne Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes