NOT LISTED FOR SALE

5 & 7 Circle Ave Melbourne, FL 32935

-- Bed
-- Bath
3,808 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: April 7, 2021

Last sale price $660,000 $173 Per Sq Ft

95 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Maintained Community
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property

About This Home

As of April 2021

Superior Investment opportunity! 6 units! Fully leased in the heart of Melbourne. These units have had both bathroom and kitchen upgrades . They all consist of two bedrooms & one bath, plus a living dining combo. All have private washer dryer hook ups. These units are currently on yearly leases. New roof this year, & new perimeter fence added for privacy.

See attachment for property report.

Last Agent to Sell the Property

Ryan Witt

Perrone Realty, LLC License #3198209 Listed on: 02/08/2021

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

  • $3,388

Year Built

  • Built in 1964

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,808 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Parking

  • 4 Open Parking Spaces
  • 8 Parking Spaces

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, repairs, taxes
  • Assessor Parcel Number 27-37-27-25-0000g.0-0005.00

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Maintained Community

Building Details

  • Operating Expense $8,960
  • Gross Income $63,000
  • Net Operating Income $54,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,388

Year Built

Built in 1964

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Reso Property Sub Type: Triplex
  • Road Surface Type: Paved
  • Reso Association Amenities: Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-37-27-25-0000g.0-0005.00
  • 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: 3388.25
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 3808.0
  • General Property Information Building Area Total3: 4048.0
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Number Of Units Total2: 6.0
  • Gross Scheduled Income: 63000.0
  • Income And Expenses Operating Expense: 8960.0
  • Cooling WallWindow Unit(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.15
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • Total Parking Spaces: 8.0
  • General Property Information:Garage YN: No
  • Parking Features:Other26: Yes
  • General Property Information:Parking Total: 8.0
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Cable Available, Sewer 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: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-27-25-0000g.0-0005.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Repairs, Taxes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3388.25

Multi Family

  • Number Of Units Total: 6
  • Annual Operating Expense: 8960.0
  • Income And Expenses Net Operating Income: 54040.0

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne
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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 List to Sale Price per Sq Ft
04/07/2021 04/07/21 Sold $660,000 -5.7% $173 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $699,999 0.0% $184 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
11/21/2020 11/21/20 For Sale $699,999 -- $184 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Agents Affiliated with this Home

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Map

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

MLS Number: 890836

Space Coast MLS (Space Coast Association of REALTORS®)
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