NOT LISTED FOR SALE

114 Atlantic Ave Indialantic, FL 32903

4 Beds
2 Baths
1,800 Sq Ft
7,841 Sq Ft Lot

Last Sold August 20, 2013

Last sale price $152,000 $84 Per Sq Ft

108 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • Indialantic Elementary School Rated A-
  • Terrazzo Flooring

About This Home

As of August 2013

Unique opportunity to obtain a nice tri-plex just a stones throw from the beach. Roof, Plumbing, Electrical and most windows updated in the last 5-7 years. Tons of potential for a great long term investment with a conservative CAP rate of 8.6%. Walk to the beach, close to shopping and schools this is a wonderful opportunity to start building or adding to your investment property portfolio. Has been used as a home so will require some interior renovations for all 3 units to be rentable

Last Agent to Sell the Property

Michael Thelander

Nexus Real Estate, Inc. License #665179 Listed on: 02/15/2013

Last Buyer's Agent

John Curri

Realty World Curri Properties License #3105835

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,961

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 80 x 100
  • Street terminates at a dead end

Parking

  • 1 Carport Space

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property

Flooring

  • Concrete
  • Terrazzo

Schools

  • Indialantic Elementary School
  • Melbourne High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Septic Tank

Community Details

  • No Home Owners Association
  • 3 Units
  • Canova Beach Vacation Homesites Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27371377000000012500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Triplex
  • ResoLotFeatures: Dead End Street
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Canova Beach Vacation Homesites
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27371377000000012500
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 1960.65
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 1800.0
  • General Property Information Building Area Total3: 1689.0
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Levels One: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 80 x 100
  • Flooring Concrete: Yes
  • General Property Information Number Of Units Total2: 3.0
  • Cooling WallWindow Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete, Terrazzo
  • Appliances: Refrigerator
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Water Available
  • Cooling Y N: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Dimensions: 80 x 100
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 27371377000000012500
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Other

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1960.65

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Indialantic
  • 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
08/20/2013 08/20/13 Sold $152,000 -10.5% $84 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $169,900 -- $94 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,902 $561,600 -- --
2024 $7,181 $561,600 -- --
2023 $7,181 $624,000 $0 $0
2022 $4,846 $316,800 $0 $0
2021 $4,544 $246,990 $82,500 $164,490
2020 $4,365 $235,220 $82,500 $152,720
2019 $4,005 $213,840 $82,500 $131,340
2018 $3,379 $168,000 $0 $168,000
2017 $3,269 $158,000 $0 $158,000
2016 $3,100 $137,000 $0 $0
2015 $3,077 $131,000 $75,000 $56,000
2014 $3,002 $124,000 $60,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 660823

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-13-77-00000.0-0125.00