NOT LISTED FOR SALE

1172a,1172b,1174, 11 Jasmine St Melbourne, FL 32935

Estimated Value: $505,000 - $635,000

10 Beds
10 Baths
520 Sq Ft
$1,112/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $612,000 $1,177 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,550/month

7 Days on Market

Highlights

  • 0.43 Acre Lot
  • High Impact Windows
  • Accessible Full Bathroom
  • No HOA
  • Accessible Bedroom
  • 1-minute walk to Sunset Park

About This Home

As of December 2023

WELCOME TO AN EXCEPTIONAL OPPORTUNITY IN MELBOURNE! This QUADPLEX features 4 1 bedroom 1 bath units each with new kitchen cabinets, quartz counter tops, new mini split systems, new vinyl flooring, freshly painted inside and out, new bathrooms, new electrical panels, and new water heaters. All units have their own electrical meters and separate address. Huge lot! Almost half an acre. Possibility of expansion for more units in the future. Newer roof. Located right across million dollar homes on the river, and minutes from the beach. Located at 1172 Jasmine St, in the heart of Eau Gallie, this is the investment you've been waiting for. This modern and comfortable quadruplex offers an unbeatable location, with the convenience of being just minutes from US 1 and steps from vibrant downtown Eau Gallie, where culture and entertainment are on every corner. For beach lovers, the most beautiful beaches are just a short drive away, providing an inviting coastal lifestyle. In addition, they will enjoy quick connectivity to I95, making it easy to commute to those favorite destinations.
This quadruplex is an excellent choice for both investors and those interested in Airbnbs or rental opportunities. Each unit has a rental potential of $1,450.00, making it an attractive and profitable investment. Don't miss the opportunity to acquire this unique property. Properties in this area are in high demand and selling quickly, contact us today for more information and to secure your investment in MELBOURNE!

Last Agent to Sell the Property

Andres Ospina Rivera

LPT REALTY, LLC Brokerage Phone: 877-366-2213 License #3293879 Listed on: 10/16/2023

LPT REALTY, LLC

Last Buyer's Agent

Andres Ospina Rivera

LPT REALTY, LLC Brokerage Phone: 877-366-2213 License #3293879 Listed on: 10/16/2023

LPT REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,376

Year Built

  • Built in 1940

Lot Details

  • 0.43 Acre Lot
  • Garden

Parking

  • Driveway

Home Design

  • Quadruplex
  • Block Foundation
  • Slate Roof
  • Block Exterior

Interior Spaces

  • 520 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Vinyl Flooring

Kitchen

  • Cooktop<<rangeHoodToken>>
  • <<microwave>>

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen

Utilities

  • Mini Split Air Conditioners
  • Central Heating

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,080 Sq Ft Building
  • Sunset Terrace Subdivision

Building Details

  • Operating Expense $6,376
  • Gross Income $69,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,376

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 520
  • Lot Size Acres: 0.43
  • New Construction: No
  • Year Built: 1940
  • Accessibility Features: Accessible Bedroom, Accessible Full Bath, Accessible Kitchen
  • Building Area Total: 2080
  • Lot Size Sq Ft: 18731
  • Directions to Property: I75N EXIT 269 (BARRETT PKWY), LFT BARRETT PKWY LFT DALLAS HWY (120), RT JOHN WARD RD, SUBD APPX 1/2 MILE ON RT
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: ORLANDO
  • Escrow Postal Code: 32819
  • Escrow State: FL
  • Escrow Street Name: W. Sand Lake Rd, Ste 106,
  • Escrow Street Number: 4725
  • List Office Head Office Key Nume: 524162049
  • RATIO Current Price By Calculate: 1176.92
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 877-366-2213
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Interior Amenities: Living Room/Dining Room Combo
  • Appliances Included: Cooktop, Microwave, Range, Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 10
  • Levels: One
  • Window Features: Blinds, Impact Glass/Storm Windows
  • Street Number Modifier: 1172a,1172b,1174, 1176
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 48.31

Exterior Features

  • Exterior Features: Garden
  • Roof: Slate
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: None
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Utilities: Public
  • Cooling: Mini-Split Unit(s)
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: No
  • Association: No
  • Security: Fire Alarm
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R2
  • Parcel Number: 27-37-21-28-00000.0-0001.00
  • Additional Parcels: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 1740

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 5800

Multi Family

  • Gross Income: 69600
  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 3376
  • Tax Block: 1
  • Tax Book Number: 03
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Dec 22, 2023
Sold by
1815 Larkin Ave Llc
Bought by
Scully Andrew Morgan and Scully Mecca Dawn
Seller's Agent
Andres Ospina Rivera
LPT REALTY, LLC
Buyer's Agent
Andres Ospina Rivera
LPT REALTY, LLC
List Price
$599,900
Sold Price
$612,000
Premium/Discount to List
$12,100
2.02%
Views
93
Current Estimated Value
$578,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,973
Avg. Annual Appreciation
-1.11%
Original Mortgage
$459,000
Outstanding Balance
$453,598
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$147,682

Purchase Details

Closed on
Dec 10, 2012
Sold by
Butch Properties Jasmine Llc
Bought by
Sc2 Properties Llc

Purchase Details

Closed on
Apr 12, 2012
Sold by
Bernstein Anne G
Bought by
Butch Properties Jasmine Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scully Andrew Morgan $612,000 None Listed On Document
Sc2 Properties Llc $120,000 State Title
Butch Properties Jasmine Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scully Andrew Morgan $459,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $612,000 +2.0% $1,177 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $599,900 -- $1,154 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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
2023 $4,187 $288,000 $0 $0
2022 $3,367 $205,340 $0 $0
2021 $3,039 $155,520 $33,000 $122,520
2020 $2,973 $150,980 $33,000 $117,980
2019 $2,975 $146,580 $33,000 $113,580
2018 $2,821 $140,000 $0 $140,000
2015 $2,392 $99,000 $33,000 $66,000
2014 $2,158 $90,000 $33,000 $57,000
Source: Public Records

Agents Affiliated with this Home

  • Andres Ospina Rivera

    Seller's Agent in 2023

    Andres Ospina Rivera

    LPT REALTY, LLC

    (321) 450-3472

    2 in this area

    127 Total Sales

    Andres Ospina Rivera
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O6149658

Stellar MLS

APN: 27-37-21-28-00000.0-0001.00

Florida Brevard County Melbourne 32935

1172a,1172b,1174, 11 Jasmine St, Melbourne, FL

This home is located at 1172a,1172b,1174, 11 Jasmine St, Melbourne, FL 32935 since 16 October 2023 and is currently estimated at $578,027, approximately $1,111 per square foot. This property was built in 1940. 1172a,1172b,1174, 11 Jasmine St is a home located in Brevard County with nearby schools including Croton Elementary School, Lyndon B. Johnson Middle School, and Eau Gallie High 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.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes