NOT LISTED FOR SALE
-- Bed
1 Bath
4,628 Sq Ft
0.62 Acre Lot

Sale Details

Date Sold: May 19, 2017

Last sale price $299,900 $65 Per Sq Ft

211 Days on Market

Highlights

  • 0.62 Acre Lot
  • Central Air
  • Wood Siding
  • No HOA

About This Home

As of May 2017

Offering consists of One 2-story walk-up apartment building with 6 total rental units. All units are 2 bedrooms/1 bath. City water/sewer. City of Palm Bay zoning is RM-20, muliti-family. Owner reports current Gross Income $44,940 Estimated NOI is $29,682. Drive-by is OK but Do Not go on site or speak to tenants.

Last Agent to Sell the Property

Steven Gailey

Sunchaser II Realty Listed on: 08/23/2016

Last Buyer's Agent

Ralph Perrone

Perrone Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,503

Year Built

  • Built in 1987

Lot Details

  • 0.62

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,628 Sq Ft Home
  • 2-Story Property
  • Electric Range

Schools

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

Additional Features

  • 27,007 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 29-37-03-26-01988.0-0010.00

Community Details

Overview

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

Building Details

  • Operating Expense $11,663
  • Gross Income $44,940
  • Net Operating Income $29,682

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,503

Year Built

Built in 1987

Lot Details

0.62 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1987
  • Reso Property Sub Type: Multi Family
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 40
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • General Property Information Water Body Access YN2: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Electric Range, Refrigerator, Other

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.62
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame, Stucco, Wood Siding

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Sewer Connected, Water Available
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Dimensions: 100.0 ft x 270.0 ft
  • Lot Size Sq Ft: 27007.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-37-03-26-01988.0-0010.00

Rental Info

  • Owner Pays: Other

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4503.06

Multi Family

  • Number Of Units Total: 6
  • Annual Operating Expense: 11663.0

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
May 18, 2017
Sold by
Bought by
Seller's Agent
Steven Gailey
Sunchaser II Realty
Buyer's Agent
Ralph Perrone
Perrone Realty, LLC
List Price
$299,900
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,400
Outstanding Balance
$160,577
Interest Rate
4.1%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$299,900 State Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $197,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $299,900 0.0% $65 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
08/10/2016 08/10/16 For Sale $299,900 -- $65 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,361 $570,240
2024 $7,360 $518,400
2023 $7,360 $414,720 $0 $0
2022 $6,700 $374,220 $0 $0
2021 $6,231 $297,730 $26,400 $271,330
2020 $5,929 $283,550 $26,400 $257,150
2019 $6,074 $262,550 $24,000 $238,550
2018 $5,797 $250,000 $0 $250,000
2017 $5,356 $220,000 $0 $220,000
2016 $4,738 $210,000 $0 $0
2015 $4,503 $184,470 $12,000 $172,470
2014 $4,174 $167,700 $12,000 $155,700
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 761715

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-03-26-01988.0-0010.00

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