3612 Tree Ridge Ln NE Palm Bay, FL 32905
Port Malabar NeighborhoodEstimated payment $3,991/month
Highlights
- No HOA
- West Facing Home
- Vinyl Flooring
- Central Heating and Cooling System
- Wood Siding
- 1-Story Property
About This Home
QUADPLEX INVESTOR ALERT WITH BRAND NEW ROOF 2025!!! Wonderful opportunity to own you're own income generating property in a high demand rental market. No need to look for tenants as this quadplex has all units rented. 3 of the 4 units have been remodeled within the past few years. Each unit is a 2/1 with 870'ft plus a washer/dryer hookup inside. Don't let this one slip by.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,683
Lot Details
- West Facing Home
Home Design
- Quadruplex
- Frame Construction
- Shingle Roof
- Wood Siding
- Asphalt
Interior Spaces
- 3,480 Sq Ft Home
- 1-Story Property
- Vinyl Flooring
Kitchen
- Electric Oven
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry in unit
- Washer and Electric Dryer Hookup
Schools
- Riviera Elementary School
- Stone Middle School
- Palm Bay High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
Overview
- No Home Owners Association
- 4 Units
- Pinehurst Subdivision
Building Details
- Gross Income $55,140
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $7,281 | $436,800 | -- | -- |
| 2023 | $7,281 | $380,160 | $0 | $0 |
| 2022 | $4,745 | $288,000 | $0 | $0 |
| 2021 | $4,238 | $201,930 | $27,200 | $174,730 |
| 2020 | $3,396 | $195,960 | $27,200 | $168,760 |
| 2019 | $3,140 | $131,670 | $27,200 | $104,470 |
| 2018 | $2,994 | $125,000 | $0 | $125,000 |
| 2015 | $1,768 | $70,000 | $26,000 | $44,000 |
| 2014 | -- | $105,000 | $26,000 | $79,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | For Sale | $629,000 | 0.0% | $181 / Sq Ft |
| 04/21/2024 04/21/24 | Rented | $1,095 | 0.0% | -- |
| 04/12/2024 04/12/24 | Under Contract | -- | -- | -- |
| 04/07/2024 04/07/24 | For Rent | $1,095 | 0.0% | -- |
| 10/12/2022 10/12/22 | Sold | $530,000 | -5.4% | $152 / Sq Ft |
| 08/01/2022 08/01/22 | Pending | -- | -- | -- |
| 07/15/2022 07/15/22 | For Sale | $560,000 | -- | $161 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $530,000 | Prestige Title | |
| Warranty Deed | $318,000 | Bella Title & Escrow Inc | |
| Warranty Deed | $135,000 | Sunbelt Title Agency | |
| Warranty Deed | $162,000 | Alday Donalson Title Agencie |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $520,400 | FHA | |
| Previous Owner | $238,500 | New Conventional | |
| Previous Owner | $100,000 | New Conventional | |
| Previous Owner | $121,500 | Purchase Money Mortgage |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1056885
APN: 28-37-28-01-0000A.0-0004.00
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