NOT LISTED FOR SALE

1025 E Lincoln Ave Melbourne, FL 32901

Melbourne Area
-- Bed
-- Bath
7,593 Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: May 29, 2013

Last sale price $330,000 $43 Per Sq Ft

130 Days on Market

Highlights

  • River Front
  • Wood Flooring
  • Wood Siding
  • 0.4 Acre Lot
  • No HOA

About This Home

As of May 2013

REDUCED $100,000 FOR QUICK SALE!!!Great Downtown Melbourne Direct Riverfront Property with four buildings. Total of eight units, 4 units rent for $600 each, one rents for $500, two rent for $450 each and the two bedroom cottage rents for $700.The property is zoned C-1 city of Melbourne commercial and has many possible uses.Land is 105 X 165 or .4 acres.

Last Agent to Sell the Property

Henry Saunders

One Sotheby's International License #113311 Listed on: 11/29/2012

One Sotheby's International

Last Buyer's Agent

Andrew Ferreira

Engel & Voelkers Melb Downtown License #3266047

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Property Details

Home Type

  • Multi-Family

Lot Details

  • 17,424 Sq Ft Lot
  • Lot Dimensions are 165 x 105
  • River Front

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 7,593 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Electric Range

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • University Park Elementary School
  • Melbourne High School

Listing and Financial Details

  • The owner pays for insurance, taxes
  • Assessor Parcel Number 283702FC000100000100

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Camps Plat Of Melbourne Subdivision

Building Details

  • Operating Expense $16,810
  • Gross Income $54,000
  • Net Operating Income $37,190

Property Details

Home Type

Multi-Family

Lot Details

0.4 Acres

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Multi Family
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Camps Plat of Melbourne
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, Two
  • General Property Information Water Frontage Feet: 4
  • General Property Information Water Body Access YN2: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances: Electric Range, Refrigerator

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.4
  • Pool Private: No
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Utilities: Sewer Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Dimensions: 165 x 105
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 283702FC000100000100

Rental Info

  • Owner Pays: Insurance, Other, Taxes

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 8401.25

Multi Family

  • Number Of Units Total: 8
  • Annual Operating Expense: 16810.0

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Melbourne, FL

  • Tim Sparks Real Estate Agent - C. Apollo Realty Inc

    Tim Sparks

    C. Apollo Realty Inc

    (321) 730-2506

    72 Total Sales

    7 in Melbourne

    $133K - $445K Price Range

    Tim Sparks
     Section Image
  • Marianne Brownfield Real Estate Agent - Brownfield R. E. Group. Inc.

    Marianne Brownfield

    Brownfield R. E. Group. Inc.

    (321) 341-5664

    70 Total Sales

    6 in Melbourne

    $75K - $430K Price Range

    Marianne Brownfield
     Section Image
  • Celeste Van Ewyk Real Estate Agent - Walker Bagwell Properties Ltd

    Celeste Van Ewyk

    Walker Bagwell Properties Ltd

    (321) 351-3233

    30 Total Sales

    1 in Melbourne

    $400,000 Price

    Celeste Van Ewyk
     Section Image
  • Shane Burgman Real Estate Agent - Real Broker LLC

    Shane Burgman

    Responds Quickly

    Real Broker LLC

    (321) 450-8803

    184 Total Sales

    20 in Melbourne

    $74K - $910K Price Range

    Shane Burgman
     Section Image
  • Catalina Schreader Real Estate Agent - Nexthome Coastal Vista

    Catalina Schreader

    Nexthome Coastal Vista

    (321) 450-8818

    56 Total Sales

    4 in Melbourne

    $160K - $786K Price Range

    Catalina Schreader
     Section Image
  • John King Real Estate Agent - RE/MAX Crown Realty

    John King

    RE/MAX Crown Realty

    (772) 646-9504

    906 Total Sales

    4 in Melbourne

    $340K - $433K Price Range

    John King
     Section Image
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/29/2013 05/29/13 Sold $330,000 -40.0% $43 / Sq Ft
04/06/2013 04/06/13 Pending -- -- --
11/27/2012 11/27/12 For Sale $550,000 -- $72 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Agents Affiliated with this Home

  • H

    Seller's Agent in 2013

    Henry Saunders

    One Sotheby's International

    Section Image

  • A

    Buyer's Agent in 2013

    Andrew Ferreira

    Engel & Voelkers Melb Downtown

See All Agents

Map

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

MLS Number: 655094

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

1025 E Lincoln Ave, Melbourne, FL

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.

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