NOT LISTED FOR SALE

1805 Avocado Ave Melbourne, FL 32935

Estimated Value: $326,182 - $1,028,000

6 Beds
3 Baths
3,150 Sq Ft
$185/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $125,000 $40 Per Sq Ft

Est. 367% increase in value since last sale

Current estimated payment $3,077/month

Highlights

  • No HOA
  • Terrazzo Flooring
  • Central Air
  • Resident Manager or Management On Site
  • 1-Story Property

About This Home

As of June 2014

Well maintained Triplexes for sale for $130,000 each. There are Four triplexes Side by side; need to be purchased two or more also see MLS number M670328. They are in the heart of Old Eau Gallie. All Units approx 900 LSF. 9 units are 3 bed / 1 Bath; 3 units are 2 bed/ 1 Bath. Separate water and electric meters. All currently rented month to month, and a waiting list. Several residents have lived there between 8-20 years. New buyer must give current tenants 90 days notice with no change in Rent or Terms. Buy all four Triplexes for $520,000. All New roofs in 2004. Great Opportunity. See attachment. Sold As Is. ( Must buy 2 or more 1785 and 1795 first)(Then 1805 and 1815).

Last Agent to Sell the Property

Ben Clark

Keller Williams Realty Brevard License #3111760 Listed on: 04/15/2014

Keller Williams Realty Brevard

Last Buyer's Agent

Ben Clark

Keller Williams Realty Brevard License #3111760 Listed on: 04/15/2014

Keller Williams Realty Brevard

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 1964

Lot Details

  • 2,904 Sq Ft Lot

Home Design

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

Interior Spaces

  • 3,150 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring
  • Electric Dryer Hookup

Parking

  • 6 Parking Spaces
  • Assigned Parking

Schools

  • Creel Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Utilities

  • Central Air
  • Separate Meters
  • Separate Water Meter
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electricity, exterior maintenance, grounds care, management, repairs, taxes
  • Assessor Parcel Number 27-37-16-25-00029.0-0006.00

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Eau Gallie Village Plat Of Subdivision

Building Details

  • Operating Expense $3,646
  • Gross Income $15,975
  • Net Operating Income $12,329

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,014

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Reso Property Sub Type: Triplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • Road Surface Type: Paved
  • Reso Association Amenities: Management - Live In
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Eau Gallie Village Plat of
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-37-16-25-00029.0-0006.00
  • Location Tax and Legal Elementary School: Creel
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 2013.64
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 3150.0
  • General Property Information Building Area Total3: 2700.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 2904.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 22.0 ft x 132.0 ft
  • General Property Information Number Of Units Total2: 3.0
  • Gross Scheduled Income: 15975.0
  • Income And Expenses Operating Expense: 3646.0
  • Association Amenities Management - Live In: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Separate Electric Meters: Yes
  • Utilities Separate Water Meters: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.2
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Total Parking Spaces: 6.0
  • General Property Information:Garage YN: No
  • Parking Features:Assigned: Yes
  • General Property Information:Parking Total: 6.0

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Sewer Connected, Water Available, Separate Electric Meters, Separate Water Meters
  • Cooling Y N: Yes
  • 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: Johnson

Lot Info

  • Lot Dimensions: 22.0 ft x 132.0 ft
  • Lot Size Sq Ft: 2904.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2717301
  • Parcel #: 27-37-16-25-00029.0-0006.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Exterior Maintenance, Grounds Care, Management, Repairs, Taxes

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2013.64

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 3646.0
  • Income And Expenses Net Operating Income: 12329.0

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

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 List to Sale Price per Sq Ft
06/06/2014 06/06/14 Sold $125,000 -3.8% $40 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $130,000 -- $41 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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
2025 $275 $421,200 -- --
2024 $265 $388,800 -- --
2023 $265 $367,200 $0 $0
2022 $252 $261,140 $0 $0
2021 $237 $199,960 $50,000 $149,960
2020 $237 $190,510 $50,000 $140,510
2019 $237 $165,660 $50,000 $115,660
2018 $237 $158,000 $0 $158,000
2017 $237 $158,000 $0 $158,000
2016 $237 $144,000 $0 $0
2015 $237 $128,000 $35,000 $93,000
2014 $2,383 $97,160 $35,000 $62,160
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 694319

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-16-25-00029.0-0006.00