NOT LISTED FOR SALE

1029 Park Dr Indian Harbour Beach, FL 32937

2 Beds
1 Bath
26,140 Sq Ft
1.17 Acres

Last Sold August 24, 2018

Last sale price $3,025,000 $116 Per Sq Ft

5 Days on Market

Highlights

  • 1.17 Acre Lot
  • Community Pool
  • Eat-In Kitchen
  • Ocean Breeze Elementary School Rated A-
  • Balcony
  • Patio

About This Home

As of August 2018

RARE FIND!! 100% OCCUPANCY 32 Unit RENOVATED Concrete Block Apartment Complexes (1029-1031) w/gated POOL,Outside Shower,Onsite Laundry,Restroom,Barbecue/Patio Area & Manager Office. 1Block to the Atlantic Ocean(Public BEACH Access). 1.17 Acre Parcel. 2Bed 1Bath Units (2 layout styles). NEW Windows, Doors, Electrical, Appliances,All Tile Flooring... Huge List. Sold AS-IS Right to Inspect.

Last Agent to Sell the Property

Vicky Lee Santana

NextHome Santana Real Estate License #3079444 Listed on: 07/19/2018

NextHome Santana Real Estate

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,692

Year Built

  • Built in 1964

Lot Details

  • 1.17 Acre Lot
  • Lot Dimensions are 375x140
  • Sprinkler System

Home Design

  • Shingle Roof

Interior Spaces

  • 26,140 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Fire and Smoke Detector
  • Eat-In Kitchen

Parking

  • 41 Parking Spaces
  • Assigned Parking

Pool

  • Fence Around Pool
  • Outdoor Shower
  • Free Form Pool

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for air conditioning, cable TV, electricity
  • The owner pays for common area maintenance, grounds care, insurance, recreational, sewer, taxes, trash collection, water
  • Tax Lot 21-25
  • Assessor Parcel Number 2737122621

Community Details

Recreation

  • Community Pool

Building Details

  • 32 Separate Electric Meters
  • Insurance Expense $22,142
  • Maintenance Expense $12,000
  • Operating Expense $122,715
  • Gross Income $357,240
  • Net Operating Income $234,525

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,692

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.17
  • Lot Size: 375X140
  • Professional Management Expense: 24404.0
  • Subdivision Name: Other
  • Directions: A1A North of the Eau Gallie Causeway +-1 mile. West on Pinetree Dr., North on Central Rd & West on Park Dr. *BY APPT ONLY* NO SIGN ON PROPERTY.** DO NOT APPROACH OR DISTURB TENANTS**
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1964
  • Attribution Contact: 877-538-8383
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Mixed Use
  • Owner Pays: Common Area Maintenance, Grounds Care, Insurance, Recreational, Sewer, Taxes, Trash Collection, Water
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Eat-in Kitchen, Living/Dining Room
  • Living Area: 26140.0
  • Stories: 2
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Lot Features: 1-3 Acres
  • Pool Features: Fenced, Free Form, Other, Pool, Community
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Exterior Features: Balcony, Sprinkler/Irrigation, Outdoor Shower, Patio
  • Patio And Porch Features: Patio
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, On Street
  • Total Parking Spaces: 41.0

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 25560.0

Condo/Co-op/Association

  • Community Features: Pool

Lot Info

  • Parcel #: 2737122621
  • Zoning Description: Multiple
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Air Conditioning, Cable TV, Electricity, Other

Multi Family

  • Annual Gross Income: 357240.0
  • Insurance Expense: 22142.0
  • Maintenance Expense: 12000.0
  • Property Net Operating Income: 234525.0
  • Annual Operating Expense: 122715.0
  • Number Of Separate Electric Meters: 32

Tax Info

  • Tax Annual Amount: 25692.0
  • Tax Lot: 21-25
  • Tax Year: 2017

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $3,025,000 -8.3% $116 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $3,299,900 -- $126 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Vicky Lee Santana

    Seller's Agent in 2018

    Vicky Lee Santana

    NextHome Santana Real Estate

    (772) 538-8383

    86 Total Sales

    Vicky Lee Santana
    Section Image

  • N

    Buyer's Agent in 2018

    NON-MLS AGENT

    NON MLS

See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 207515

Florida Brevard County Indian Harbour Beach 32937

1029 Park Dr, Indian Harbour Beach, FL

This home is located at 1029 Park Dr, Indian Harbour Beach, FL 32937 since 19 July 2018. This property was built in 1964. 1029 Park Dr is a home located in Brevard County with nearby schools including Ocean Breeze Elementary School, Satellite Senior High School, and Herbert C. Hoover Middle 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.

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