NOT LISTED FOR SALE

1900 Platt St Melbourne, FL 32901

Estimated Value: $259,934 - $461,000

4 Beds
4 Baths
1,566 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $125,000 $80 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,080/month

2 Days on Market

Highlights

  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • No HOA

About This Home

As of August 2015

Don't miss this investment opportunity! PLEASE DO NOT DISTURB THE TENANTS. Fully rented duplex with long term tenants equals positive cash flow. Both units have updated kitchens, newer flooring and are in very nice condition. The roof is in great condition and approximately 10 years old with 3 dimensional shingles, AC just replaced on unit B. Each unit has a fenced yard and hurricane shutters. Both units are pet free and non-smoking and have excellent long term tenants. Great central Melbourne location close to all activities of daily living & walking distance to downtown.

Last Agent to Sell the Property

Patricia Thompson

RE/MAX Alternative Realty Listed on: 07/30/2015

Last Buyer's Agent

Walter Ferrero

Tropical Realty of Suntree

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,439

Year Built

  • Built in 1976

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot

Home Design

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

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Electric Range
  • Electric Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Schools

  • Harbor City Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, insurance, taxes
  • Assessor Parcel Number 28-37-03-32-00003.0-0014.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Platts Resubd Subdivision

Building Details

  • Operating Expense $3,918
  • Gross Income $14,580
  • Net Operating Income $10,662

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,439

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1976
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Corner Lot
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Platts Resubd
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 28-37-03-32-00003.0-0014.00
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 1438.74
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 1566.0
  • General Property Information Building Area Total3: 1566.0
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Laundry Features Electric Dryer Hookup: 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
  • General Property Information Lot Size Dimensions: 60.0 ft x 109.0 ft
  • General Property Information Number Of Units Total2: 2.0
  • Gross Scheduled Income: 14580.0
  • Income And Expenses Operating Expense: 3918.0
  • Cooling WallWindow Unit(s): Yes
  • Utilities Sewer Connected: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Appliances: Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.15
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s), Other
  • Utilities: Cable Available, Sewer Connected, Water Available
  • Cooling Other: Yes
  • 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: Hoover

Lot Info

  • Lot Dimensions: 60.0 ft x 109.0 ft
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-03-32-00003.0-0014.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Taxes

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1438.74

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3918.0
  • Income And Expenses Net Operating Income: 10662.0

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2002
Sold by
Glavish Robert E and Glavish Marie P
Bought by
Glavish Robert E
Current Estimated Value
$337,484
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Glavish Robert E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2015 08/21/15 Sold $125,000 -9.1% $80 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $137,500 -- $88 / 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 $3,798 $237,600 -- --
2024 $3,642 $237,600 -- --
2023 $3,642 $237,600 $0 $0
2022 $3,046 $185,640 $0 $0
2021 $2,779 $145,470 $20,870 $124,600
2020 $2,668 $138,540 $20,870 $117,670
2019 $2,528 $125,950 $20,870 $105,080
2018 $2,464 $120,000 $0 $120,000
2015 $1,683 $71,000 $20,870 $50,130
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Patricia Thompson

    RE/MAX

  • W

    Buyer's Agent in 2015

    Walter Ferrero

    Tropical Realty of Suntree

See All Agents

Map

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

MLS Number: 731356

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-03-32-00003.0-0014.00

Florida Brevard County Melbourne 32901

1900 Platt St, Melbourne, FL

Not Listed for Sale

MultiFamily

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.

Space Coast MLS (Space Coast Association of REALTORS®) 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.

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