NOT LISTED FOR SALE

1040 Bacon Cir NE Unit A & B Palm Bay, FL 32905

Bayfront Village Neighborhood
4 Beds
2 Baths
1,488 Sq Ft
0.26 Acres

Last Sold January 03, 2017

Last sale price $98,875 $66 Per Sq Ft

61 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • 1-Story Property

About This Home

As of January 2017

Amazing investment opportunity!! PRICED TO SELL! Concrete block duplex with NEW metal roof installed in 2015!! Each unit has a long term tenant. Excellent location- Just minutes away from the beach, parks and rivers! Well maintained community. Plenty of parking with two driveways. Both units rented with gross yearly income of $14,700! Already set up with two water and electricity meters. This property is paying for itself- Hurry, this one will not last!!***More pictures coming soon***

Last Agent to Sell the Property

Anya Roberts

RE/MAX Elite Listed on: 10/20/2016

Last Buyer's Agent

Rita Czaya

Real Estate In the Area LLC License #3066410

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1964

Lot Details

  • 0.26 Acre Lot
  • Few Trees

Parking

  • Additional Parking

Home Design

  • Duplex
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Schools

  • Palm Bay Elementary School
  • Stone Middle School
  • Palm Bay High School

Listing and Financial Details

  • The owner pays for management
  • Assessor Parcel Number 28-37-25-07-00005.0-0008.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,592
  • Gross Income $14,700
  • Net Operating Income $9,108

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,384

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Reso Property Sub Type: Duplex
  • ResoLotFeatures: Few Trees
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 28-37-25-07-00005.0-0008.00
  • Location Tax and Legal Elementary School: Palm Bay Elem
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 1384.26
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 1488.0
  • General Property Information Building Area Total3: 1878.0
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Lot Size Square Feet2: 11326.0
  • General Property Information Waterfront YN: No
  • Levels One: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 89.0 ft x 125.0 ft
  • General Property Information Number Of Units Total2: 2.0
  • Gross Scheduled Income: 14700.0
  • Income And Expenses Operating Expense: 5592.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Terrazzo
  • Appliances: Other
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Metal
  • Acres: 0.26
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Few Trees: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Dimensions: 89.0 ft x 125.0 ft
  • Lot Size Sq Ft: 11326.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2834570
  • Parcel #: 28-37-25-07-00005.0-0008.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Management, Other

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1384.26

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 5592.0
  • Income And Expenses Net Operating Income: 9108.0

MLS Schools

  • Elementary School: Palm Bay Elem
  • High School: Palm Bay

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
01/03/2017 01/03/17 Sold $98,875 -23.9% $66 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $130,000 +62.5% $87 / Sq Ft
04/14/2016 04/14/16 Sold $80,000 -19.6% $43 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
04/17/2015 04/17/15 For Sale $99,500 -- $53 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 766836

Space Coast MLS (Space Coast Association of REALTORS®)