NOT LISTED FOR SALE

5 And 7 Circle Ave Melbourne, FL 32935

-- Bed
-- Bath
1,904 Sq Ft
6,534 Sq Ft Lot

Last Sold December 14, 2018

Last sale price $420,000 $221 Per Sq Ft

21 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 December 2018

GREAT INVESTMENT OPPORTUNITY!! 2 triplexes for sale in a high traffic and convenient area of Melbourne. All units are occupied and this provides instant income to the new owner. Sale is for 2 buildings with 3 units each: 5 and 7 Circle Avenue. Price is for all 6 units, and all but one have been updated! **This property is part of a rental portfolio sale. Please see documents tab for whole portfolio (2 pages). Property can be bought as part or whole package.

Last Agent to Sell the Property

Bradley Griffin

Keller Williams Realty Brevard Listed on: 10/29/2018

Last Buyer's Agent

Ryan Witt

Surfside Properties & Mgmt.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,726

Year Built

  • Built in 1964

Lot Details

  • 6,534

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Electric Range
  • Electric Dryer Hookup

Schools

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

Additional Features

  • 6,534 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

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

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Annie Laurie Gardens Subdivision

Building Details

  • Operating Expense $4,263
  • Gross Income $44,400
  • Net Operating Income $40,137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,726

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: Electric Dryer Hookup
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Annie Laurie Gardens
  • 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: 2726.3
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 1904.0
  • General Property Information Building Area Total3: 2024.0
  • 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
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Roof:Shingle: 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: 44400.0
  • Income And Expenses Operating Expense: 4263.0
  • Cooling WallWindow Unit(s): Yes
  • Utilities Sewer Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: 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: 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, Taxes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2726.3

Multi Family

  • Number Of Units Total: 6
  • Annual Operating Expense: 4263.0
  • Income And Expenses Net Operating Income: 40137.0

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
12/14/2018 12/14/18 Sold $420,000 0.0% $221 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
10/29/2018 10/29/18 For Sale $420,000 -- $221 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bradley Griffin

    Keller Williams Realty Brevard

  • R

    Buyer's Agent in 2018

    Ryan Witt

    Surfside Properties & Mgmt.

See All Agents

Map

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

MLS Number: 828277

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

5 And 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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