NOT LISTED FOR SALE

4712 Overlook Dr NE Palm Bay, FL 32905

Bayfront Village Neighborhood

Estimated Value: $198,000 - $409,000

-- Bed
-- Bath
2,688 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $335,000 $125 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $1,559/month

43 Days on Market

Highlights

  • River View
  • Patio
  • Sliding Doors
  • 3 Car Detached Garage
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of September 2024

ATTENTION INVESTORS!!! Rare Find 4 Unit Condo Building in "The Bluffs" FOR SALE, AS-IS. Currently Tenant Occupied. EACH Unit is a 2Story with 672 SF plus 1 Car Garage (Detached) & 1 Assigned Open Parking Space. Kitchen, Dining area, and Living Room with Sliders to a Patio are on the Main Floor. Bedroom, Full Bath, and Utility Area with Laundry Hook Ups (AC/WH) on the Second Floor. 2 Units Face East, 2Units Face West (Patios North & South Sides). Directly Off US1 Across from the Indian River. Partial River Views. FIXER UPPER - Several Units in need of Electrical & Plumbing work plus Cosmetics.

Last Agent to Sell the Property

Vicky Lee Santana

NextHome Santana Real Estate Brokerage Phone: 877-538-8383 License #3079444 Listed on: 07/24/2024

NextHome Santana Real Estate

Last Buyer's Agent

David Andai

Compass Florida, LLC License #3513832

Compass Florida, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $993

Year Built

  • Built in 1985

Lot Details

  • 4,356

Parking

  • 3 Car Detached Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,688 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Sliding Doors
  • River Views

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for air conditioning, cable TV, electricity, janitorial service, sewer, water
  • The owner pays for common area maintenance, grounds care, insurance, taxes, trash collection
  • Assessor Parcel Number 2850870

Community Details

Overview

  • Space Coast Property Mgmn Association

Building Details

  • 4 Separate Electric Meters
  • Maintenance Expense $3,200
  • Operating Expense $15,401
  • Gross Income $34,500
  • Net Operating Income $19,099

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$993

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: .1
  • Subdivision Name: Other
  • Directions: US HWY 1 (Just South of Wedgewood Dr) Turn West on Overlook Dr into the Bluffs. First Building on Right #4700.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1985
  • Attribution Contact: 877-538-8383
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Residential
  • Owner Pays: Common Area Maintenance, Grounds Care, Insurance, Taxes, Trash Collection
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Pantry
  • Living Area: 2688.0
  • Stories: 2
  • Window Features: Blinds, Single Hung

Exterior Features

  • Lot Features: Other
  • Pool Features: None
  • View: River
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, Frame
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage, Three Car Garage, Three or more Spaces
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Upper Level
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Individual
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: Space Coast Property Mgmn

Lot Info

  • Parcel #: 2850870
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Air Conditioning, Cable TV, Electricity, Janitorial Service, Sewer, Water

Multi Family

  • Annual Gross Income: 34500.0
  • Maintenance Expense: 3200.0
  • Property Net Operating Income: 19099.0
  • Annual Operating Expense: 15401.0
  • Number Of Separate Electric Meters: 4

Tax Info

  • Tax Annual Amount: 993.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 6, 2024
Sold by
Bishop Alberta
Bought by
Limt Inc
Seller's Agent
Vicky Lee Santana
NextHome Santana Real Estate
Buyer's Agent
David Andai
Compass Florida, LLC
List Price
$425,000
Sold Price
$335,000
Premium/Discount to List
-$90,000
-21.18%
Views
4
Current Estimated Value
$279,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,541
Avg. Annual Appreciation
-6.04%
Original Mortgage
$175,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2002
Sold by
Moallem Abbasali and Moallem Abasali
Bought by
Worbington Vincent C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,592
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Limt Inc $335,000 Alliance Title Of The Treasure
Worbington Vincent C $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L I M T Inc $375,000
Closed Limt Inc $175,000
Previous Owner Worbington Vincent C $110,592
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $335,000 -21.2% $125 / Sq Ft
07/24/2024 07/24/24 For Sale $425,000 -- $158 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

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
2024 $993 $97,140 -- --
2023 $993 $84,110 $0 $84,110
2022 $813 $66,390 $0 $0
2021 $758 $55,530 $0 $55,530
2020 $677 $47,810 $0 $47,810
2019 $653 $45,540 $0 $45,540
2018 $537 $31,500 $0 $31,500
2017 $441 $18,960 $0 $18,960
2016 $453 $18,960 $0 $0
2015 $465 $18,960 $0 $0
2014 $473 $18,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vicky Lee Santana

    Seller's Agent in 2024

    Vicky Lee Santana

    NextHome Santana Real Estate

    (772) 538-8383

    2 in this area

    84 Total Sales

    Vicky Lee Santana
    Section Image
  • David Andai

    Buyer's Agent in 2024

    David Andai

    Compass Florida, LLC

    (407) 203-9441

    4 in this area

    65 Total Sales

    David Andai
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 280078

APN: 28-38-30-00-00538.G-0000.00

Florida Brevard County Palm Bay 32905 Bayfront Village

4712 Overlook Dr NE, Palm Bay, FL

This home is located at 4712 Overlook Dr NE, Palm Bay, FL 32905 since 24 July 2024 and is currently estimated at $279,459, approximately $103 per square foot. This property was built in 1985. 4712 Overlook Dr NE is a home located in Brevard County with nearby schools including Palm Bay Elementary School, Stone Magnet Middle School, and Palm Bay Magnet Senior High School.

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