NOT LISTED FOR SALE

411 Thor Ave SE Palm Bay, FL 32909

Port Malabar Neighborhood
-- Bed
2 Baths
5,316 Sq Ft
0.62 Acres

Last Sold November 28, 2017

Last sale price $335,000 $63 Per Sq Ft

13 Days on Market

Highlights

  • 0.62 Acre Lot
  • Tile Flooring
  • Central Air
  • No HOA

About This Home

As of November 2017

INVESTORS ALERT!!!! Two-Story, CBS apartment building with 6 units. Each unit is a 2 bedroom, 1 bath and all are currently rented with active leases-(All leases expire in June 2018). Most units have updated kitchens, some updated bathrooms and new AC units in most units. Second floor units have vaulted ceilings and window treatments. The property has a separate coin operated laundry room with a keypad entry. Roof for both buildings are 2005. City water & sewer. All units have individual meters. Large piece of property zoned allowing the additional buildings to be built surrounded by lots of wooded areas. INCREDIBLE OPPORTUNITY!!!

Last Agent to Sell the Property

Chuck Alzamora

CBA Realty Group License #3019696 Listed on: 10/03/2017

Co-Listed By

Priscilla Hillman

CBA Realty Group License #3307039

Last Buyer's Agent

Wes Brabham

Melbourne Realty, Inc. License #3259165

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,045

Year Built

  • Built in 1985

Lot Details

  • 0.62 Acre Lot

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,316 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces

Schools

  • Port Malabar Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electricity, exterior maintenance, grounds care, management, taxes, trash collection
  • Assessor Parcel Number 29-37-03-26-01988.0-0011.00

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Port Malabar Unit 40 Subdivision

Building Details

  • Operating Expense $28,000
  • Gross Income $3,000
  • Net Operating Income $16,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,045

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1985
  • Reso Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Reso Association Amenities: Management - Off Site
  • Co List Office Mls Id: cbrg0
  • Co List Office Phone: 321-543-1097
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 40
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 29-37-03-26-01988.0-0011.00
  • Location Tax and Legal Elementary School: Port Malabar
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 7044.73
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 5316.0
  • General Property Information Building Area Total3: 5316.0
  • General Property Information Lot Size Acres: 0.62
  • General Property Information Lot Size Square Feet2: 27007.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Number Of Units Total2: 6.0
  • Gross Scheduled Income: 41400.0
  • Income And Expenses Operating Expense: 28000.0
  • Utilities Sewer Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.62
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Total Parking Spaces: 12.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 12.0
  • General Property Information:Open Parking Spaces2: 12.0

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, 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: Stone

Lot Info

  • Lot Size Sq Ft: 27007.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2923064
  • Parcel #: 29-37-03-26-01988.0-0011.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Exterior Maintenance, Grounds Care, Management, Taxes, Trash Collection

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7044.73

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 3000.0
  • Annual Operating Expense: 28000.0
  • Income And Expenses Net Operating Income: 16400.0

MLS Schools

  • Elementary School: Port Malabar
  • High School: Palm Bay

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 Change Sq Ft Price
11/28/2017 11/28/17 Sold $335,000 -10.6% $63 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $374,900 +38.9% $71 / Sq Ft
07/30/2014 07/30/14 Sold $269,900 0.0% $49 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $269,900 -- $49 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chuck Alzamora

    Seller's Agent in 2017

    Chuck Alzamora

    CBA Realty Group

    (321) 543-1097

    8 in this area

    67 Total Sales

    Section Image
  • Priscilla Hillman

    Seller Co-Listing Agent in 2017

    Priscilla Hillman

    CBA Realty Group

    (321) 543-3709

    7 in this area

    44 Total Sales

    Section Image
  • Wes Brabham

    Buyer's Agent in 2017

    Wes Brabham

    Melbourne Realty, Inc.

    (321) 255-2600

    10 Total Sales

    Section Image

  • Q

    Seller's Agent in 2014

    Queenie Dang

    Indian River Realty II

  • D

    Buyer's Agent in 2014

    Donald Harte

    Mutter Realty

See All Agents

Map

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

MLS Number: 794937

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-03-26-01988.0-0011.00

Florida Brevard County Palm Bay 32909 Port Malabar

411 Thor Ave SE, Palm Bay, FL

This home is located at 411 Thor Ave SE, Palm Bay, FL 32909 since 03 October 2017. This property was built in 1985. 411 Thor Ave SE is a home located in Brevard County with nearby schools including Port Malabar Elementary School, Stone Magnet Middle School, and Palm Bay Magnet Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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