NOT LISTED FOR SALE

411 Audubon Dr Melbourne, FL 32901

Estimated Value: $627,791 - $706,000

Studio
2 Baths
1,512 Sq Ft
$440/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $650,000 $430 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,839/month

115 Days on Market

Highlights

  • RV Access or Parking
  • Tile Flooring
  • Central Air
  • No HOA
  • 1-Story Property

About This Home

As of April 2022

Completely updated hurricane rated 2 unit income generating licensed turn-key vacation short term duplex & business close to everything. Downtown Melbourne restaurants and shops nearby. Just a 10 minute drive to nearby Indialantic and Indian Harbour Beaches. One street off the intracoastal waterway. All new energy efficient appliances. Tankless water heaters for instant hot water and low utility cost. Hurricane rated impact windows and doors. These units are fully furnished and the owner is an AirBnb superhost. Current lease is a corporate tenant that's occupied the whole space for 1.5 years.

Last Agent to Sell the Property

Elliott Grozan

Better Homes & Gardens RE Star Listed on: 09/21/2021

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,120

Year Built

  • Built in 1978

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • RV Access or Parking

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, insurance, repairs, taxes
  • Assessor Parcel Number 27-37-27-51-00000.0-0006.00

Community Details

Overview

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

Building Details

  • Operating Expense $4,800
  • Gross Income $72,000
  • Net Operating Income $67,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,120

Year Built

Built in 1978

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1978
  • Reso Property Sub Type: Duplex
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian River Bluff Amended Plat No 2
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-37-27-51-00000.0-0006.00
  • 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: 2119.9
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 1512.0
  • General Property Information Building Area Total3: 1512.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7405.0
  • General Property Information Waterfront YN: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Gross Scheduled Income: 72000.0
  • Income And Expenses Operating Expense: 4800.0
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • Total Parking Spaces: 8.0
  • General Property Information:Garage YN: No
  • Parking Features:RV AccessParking: Yes
  • General Property Information:Parking Total: 8.0
  • General Property Information:Open Parking Spaces2: 8.0

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Water Available
  • Cooling Y N: Yes

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: 7405.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-27-51-00000.0-0006.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Repairs, Taxes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2119.9

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 4800.0
  • Income And Expenses Net Operating Income: 67200.0

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Apr 1, 2022
Sold by
Doran Wendler Matthew
Bought by
Wgw Replacement 5 Llc
Seller's Agent
Elliott Grozan
Better Homes & Gardens RE Star
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$665,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,948
Avg. Annual Appreciation
0.61%

Purchase Details

Closed on
Feb 2, 2016
Sold by
U S Bank National Association
Bought by
Doran William Matthew and Doran Kaliela Naomi

Purchase Details

Closed on
Nov 3, 2015
Sold by
Childs Kenneth D and Childs Kenneth
Bought by
U S Bank National Association

Purchase Details

Closed on
May 24, 2005
Sold by
Broughton William P
Bought by
Childs Kenneth D and Childs Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
6.87%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wgw Replacement 5 Llc $650,000 Oceanside Title & Escrow
Doran William Matthew $100,300 Attorney
U S Bank National Association -- None Available
Childs Kenneth D $143,000 State Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Childs Kenneth D $114,400
Closed Childs Kenneth D $28,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $650,000 0.0% $430 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
09/21/2021 09/21/21 For Sale $650,000 -- $430 / 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 $4,486 $249,600 -- --
2024 $4,534 $249,600 -- --
2023 $4,534 $249,600 $15,800 $233,800
2022 $2,478 $156,000 $0 $0
2021 $2,207 $113,750 $15,800 $97,950
2020 $2,120 $108,280 $15,800 $92,480
2019 $2,099 $103,120 $15,800 $87,320
2018 $2,041 $98,000 $0 $98,000
2017 $1,501 $93,000 $0 $93,000
2016 $1,933 $85,000 $0 $0
2015 $747 $57,210 $15,000 $42,210
2014 $741 $56,760 $15,000 $41,760
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 916329

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-27-51-00000.0-0006.00

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