NOT LISTED FOR SALE

105 E Melbourne Ave Melbourne, FL 32901

-- Bed
-- Bath
2,634 Sq Ft
0.46 Acres Lot

Sale Details

Date Sold: July 11, 2018

Last sale price $290,000 $110 Per Sq Ft

3 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Circular Driveway
  • 0.46 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of July 2018

Three times the charm! This is a rare opportunity to own three dwellings on a 1/2 acre in the heart of historic and bustling downtown Melbourne. The main house is an ample sized 2 bedroom and 2 bath home with a partial basement. The second home is also a generous size one bedroom one bath with a kitchen, living area and screened in porch. The 3rd address is a cozy studio apartment. The main home and studio are currently leased. This is the perfect property for investors,vacation rentals,or anyone wanting to live in one and rent the others.Walking distance to everything downtown has to offer.There are plenty of great restaurants, specialty shops, bars and breweries,as well as Crane Creek Promenade. New roofs and electrical panels installed in Feb of 2017. Less than 10 min to the beaches.

Last Agent to Sell the Property

Global Group

Engel & Voelkers Melb Downtown Listed on: 04/27/2018

Engel & Voelkers Melb Downtown

Co-Listed By

Ryan Fischer

Engel & Voelkers Melb Downtown

Last Buyer's Agent

Global Group

Engel & Voelkers Melb Downtown Listed on: 04/27/2018

Engel & Voelkers Melb Downtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,902

Year Built

  • Built in 1927

Lot Details

  • 0.46

Home Design

  • Triplex
  • Shingle Roof
  • Wood Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,634 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Tile

Parking

  • Circular Driveway
  • Additional Parking

Schools

  • University Park Elementary School
  • Hoover Middle School
  • Melbourne High School

Additional Features

  • 20,038 Sq Ft Lot
  • The property is located in a historic district
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, insurance, taxes
  • Assessor Parcel Number 28-37-03-56-00003.0-0003.00

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • Operating Expense $18,000
  • Gross Income $32,400
  • Net Operating Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,902

Year Built

Built in 1927

Lot Details

0.46 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • Reso Property Sub Type: Triplex
  • ResoLotFeatures: Historic Area, Other
  • Co List Office Mls Id: 0303280
  • Co List Office Phone: 321-254-5275
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 28-37-03-56-00003.0-0003.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 2902.04
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 2634.0
  • General Property Information Building Area Total3: 2655.0
  • General Property Information Lot Size Acres: 0.46
  • General Property Information Lot Size Square Feet2: 20038.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Lot Features Historic Area: Yes
  • General Property Information Number Of Units Total2: 3.0
  • Gross Scheduled Income: 32400.0
  • Income And Expenses Operating Expense: 18000.0
  • Roof Wood3: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information Number Of Buildings2: 3.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Refrigerator
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Shingle, Wood, Other
  • Acres: 0.46
  • Waterfront: No
  • Construction Type: Block, Concrete, Wood Siding, Other
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Other21: Yes
  • Construction Materials:Other15: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 20038.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-03-56-00003.0-0003.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Taxes, Other

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2902.04

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 18000.0
  • Income And Expenses Net Operating Income: 14400.0

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne
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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 List to Sale Price per Sq Ft
07/11/2018 07/11/18 Sold $290,000 -1.7% $110 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $295,000 -- $112 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Agents Affiliated with this Home

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Map

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

MLS Number: 811930

Space Coast MLS (Space Coast Association of REALTORS®)
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