NOT LISTED FOR SALE
Studio
1 Bath
6,708 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: August 22, 2023

Last sale price $1,325,000 $198 Per Sq Ft

38 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Maintained Community
  • Indialantic Elementary School Rated A-

About This Home

As of August 2023

Prime Indialantic beachside income property, just south of Fifth Avenue in the SOFA district, a bonus located steps to the beach and Boardwalk! A great place to enjoy the tropical breezes of this incredible 12 multi unit complex offering 8-1 bedroom apartments and 4 efficiencies, that are completely rented. Plenty of on site parking for each unit ! This is a huge opportunity for investment with rental income in this hot spot! It is so convenient to A+ schools, major grocery store , restaurants, shopping, golf and watching those launches from Kennedy Space Center! Easy access to 1-92 and A1A.

Last Agent to Sell the Property

Gail Fischer

Dale Sorensen Real Estate Inc. License #460275 Listed on: 05/17/2023

Dale Sorensen Real Estate Inc.

Co-Listed By

Scott Bouchard

One Sotheby's International License #593118

One Sotheby's International

Last Buyer's Agent

Scott Bouchard

One Sotheby's International License #593118

One Sotheby's International
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,161

Year Built

  • Built in 1964

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,708 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Terrazzo

Parking

  • 12 Parking Spaces
  • Additional Parking

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Community Details

  • No Home Owners Association
  • 12 Units
  • Indialantic By The Sea Subdivision
  • Maintained Community

Listing and Financial Details

  • The owner pays for exterior maintenance, grounds care, management, sewer, taxes, trash collection
  • Assessor Parcel Number 27-38-31-Eo-00021.0-0016.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,161

Year Built

Built in 1964

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Reso Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Reso Association Amenities: Management - Off Site
  • Co List Office Mls Id: spa.ozosi
  • Co List Office Phone: 321-984-3135
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • General Property Information Water Body Access YN2: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Terrazzo
  • Appliances: Refrigerator

Exterior Features

  • Pool Features: None
  • Roof: Tile
  • Acres: 0.21
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking
  • Total Parking Spaces: 12.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-38-31-Eo-00021.0-0016.00

Rental Info

  • Owner Pays: Exterior Maintenance, Grounds Care, Management, Sewer, Taxes, Trash Collection

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11161.0

Multi Family

  • Number Of Units Total: 12

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Aug 22, 2023
Sold by
Bought by
Seller's Agent
Gail Fischer
Dale Sorensen Real Estate Inc.
Buyer's Agent
Scott Bouchard
One Sotheby's International
List Price
$1,725,000
Sold Price
$1,325,000
Premium/Discount to List
-$400,000
-23.19%
Views
51

Purchase Details

Closed on
Aug 7, 2013
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 2001
Sold by
Bought by

Purchase Details

Closed on
Jan 28, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Indialantic, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,325,000 State Title Partners
-- Attorney
-- --
$490,000 --
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/22/2023 08/22/23 Sold $1,325,000 -23.2% $198 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $1,725,000 0.0% $257 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $1,725,000 0.0% $257 / Sq Ft
11/11/2015 11/11/15 Rented $475 0.0% --
11/04/2015 11/04/15 For Rent $475 -20.8% --
01/19/2015 01/19/15 Rented $600 0.0% --
12/03/2014 12/03/14 Under Contract -- -- --
11/05/2014 11/05/14 For Rent $600 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $21,309 $1,173,130
2024 $12,493 $1,170,950
2023 $12,493 $963,860
2022 $11,161 $956,930 $0 $0
2021 $9,213 $600,000 $125,000 $475,000
2020 $8,871 $600,000 $125,000 $475,000
2019 $8,068 $520,000 $125,000 $395,000
2018 $7,310 $430,000 $125,000 $305,000
2017 $6,702 $400,000 $0 $400,000
2016 $6,590 $400,000 $0 $0
2015 $5,374 $240,000 $90,000 $150,000
2014 $5,255 $230,000 $90,000 $140,000
Source: Public Records

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Map

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

MLS Number: 963261

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00021.0-0016.00

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