NOT LISTED FOR SALE

406 Bluff Dr Melbourne, FL 32901

-- Bed
1 Bath
5,700 Sq Ft
0.57 Acres

Last Sold May 10, 2022

Last sale price $360,000 $63 Per Sq Ft

42 Days on Market

Highlights

  • Waterfront
  • No HOA
  • 3 Car Detached Garage
  • 0.57 Acre Lot

About This Home

As of May 2022

Over Half Acre just a couple blocks from the River and close to Downtown Melbourne. Currently zoned Multiple Living for 2 to 9 units. There is currently an historic Quadplex building, an attached apartment with 2 more units, and a 3 car detached garage all of which need to be refurbished. 6 Units and possible three more units and or DREAM home in large Rear open area. Priced @ $105/sf. There are 5 kitchens, 4 fireplaces, and 6 carports This could also be great place for your dream home in an established residential community.

Last Agent to Sell the Property

Andy Waterman

Waterman Real Estate, Inc. License #653481 Listed on: 04/12/2022

Waterman Real Estate, Inc.

Last Buyer's Agent

Sarah Clifford

Real Estate Solutions Brevard License #3372006

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,001

Year Built

  • Built in 1925

Lot Details

  • 0.57 Acre Lot
  • Waterfront

Parking

  • 3 Car Detached Garage
  • 6 Carport Spaces

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,700 Sq Ft Home
  • 2-Story Property

Schools

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

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • 6 Units
  • Indian River Bluff Amended Plat No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-27-51-00000.0-0200.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,001

Year Built

Built in 1925

Lot Details

0.57 Acres

Parking

3

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Reso Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian River Bluff Amended Plat No 2
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 27-37-27-51-00000.0-0200.00
  • 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: 1001.2
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 5700.0
  • General Property Information Building Area Total3: 4084.0
  • General Property Information Lot Size Acres: 0.57
  • General Property Information Lot Size Square Feet2: 24829.0
  • General Property Information Carport Spaces2: 6.0
  • General Property Information Waterfront YN: No
  • Utilities Cable Available: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Number Of Units Total2: 6.0
  • General Property Information Water Frontage Feet: 3
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Membrane
  • Acres: 0.57
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • ConstructionSiding:Roof Membrane: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 24829.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-27-51-00000.0-0200.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Other

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1001.2

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne
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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
05/10/2022 05/10/22 Sold $360,000 -28.0% $63 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $499,900 0.0% $88 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
03/28/2022 03/28/22 Price Changed $499,900 -16.7% $88 / Sq Ft
03/28/2022 03/28/22 For Sale $599,900 0.0% $105 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $599,900 -- $105 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $5,593 $307,200 -- --
2024 $5,650 $307,200 -- --
2023 $5,650 $307,200 $36,000 $271,200
2022 $1,020 $85,570 $0 $0
2021 $1,001 $83,080 $0 $0
2020 $986 $81,940 $0 $0
2019 $978 $80,100 $0 $0
2018 $966 $78,610 $0 $0
2017 $957 $77,000 $0 $0
2016 $963 $75,420 $0 $0
2015 $977 $74,900 $36,000 $38,900
2014 $971 $74,310 $36,000 $38,310
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 928514

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-27-51-00000.0-0200.00

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