NOT LISTED FOR SALE

5 & 7 Circle Ave Melbourne, FL 32935

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

Last Sold April 07, 2021

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

95 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • Melbourne Senior High School Rated A-
  • Tile Flooring

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

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

0

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
  • Additional Parcels Description: 2727998
  • 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

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 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®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Ryan Witt

    Perrone Realty, LLC

    (321) 452-9838

    1 in this area

    13 Total Sales

    Ryan Witt
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

See All Agents

Map

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

MLS Number: 890836

Space Coast MLS (Space Coast Association of REALTORS®)
Florida Brevard County Melbourne 32935

5 & 7 Circle Ave, Melbourne, FL

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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