NOT LISTED FOR SALE

2183 Highland Ave Unit 101, 102, 103 Melbourne, FL 32935

-- Bed
-- Bath
2,648 Sq Ft
9,148 Sq Ft Lot

Last Sold June 14, 2019

Last sale price $315,000 $119 Per Sq Ft

26 Days on Market

Highlights

  • Waterfront
  • 3 Car Attached Garage
  • 1-Story Property
  • No HOA
  • Tile Flooring
  • Central Air

About This Home

As of June 2019

Fully rented and renovated triplex just north of Eau Gallie. Current owner is getting great rental rates with long term tenants. Selling at a CAP Rate of 7.9% and ready for a new owner to start collect rent. Owner also selling duplex (2173/2175 Highland Ave.) which has been remodeled and painted identical to this duplex.

Last Agent to Sell the Property

nathan doyle

ITG Realty License #3127048 Listed on: 04/11/2019

ITG Realty

Last Buyer's Agent

D Anne Humphreys

RE/MAX Elite License #3229181

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,388

Year Built

  • Built in 1980

Lot Details

  • 9,148 Sq Ft Lot
  • Waterfront

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,648 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air

Listing and Financial Details

  • The owner pays for grounds care, insurance, taxes, trash collection
  • Assessor Parcel Number 27-37-16-25-00013.0-0004.00

Community Details

Overview

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

Building Details

  • Operating Expense $8,388
  • Gross Income $36,300
  • Net Operating Income $27,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,388

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Year Built: 1980
  • Reso Property Sub Type: Triplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Village Plat of Eau Gallie
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-37-16-25-00013.0-0004.00
  • 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: 3388.0
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 2648.0
  • General Property Information Building Area Total3: 3384.0
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Lot Size Square Feet2: 9148.0
  • General Property Information Waterfront YN: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Number Of Units Total2: 3.0
  • General Property Information Water Frontage Feet: 3
  • Gross Scheduled Income: 36300.0
  • Income And Expenses Operating Expense: 8388.0
  • Utilities Sewer Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Metal
  • Acres: 0.21
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Other21: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 6.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Parking Total: 6.0

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Sewer Connected, Water Available
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2717113
  • Parcel #: 27-37-16-25-00013.0-0004.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Taxes, Trash Collection

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3388.0

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 8388.0
  • Income And Expenses Net Operating Income: 27912.0

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
06/14/2019 06/14/19 Sold $315,000 -11.2% $119 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $354,900 -- $134 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 842104

Space Coast MLS (Space Coast Association of REALTORS®)