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

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

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