NOT LISTED FOR SALE

50 Terrace Garden Ave Titusville, FL 32796

-- Bed
2 Baths
11,080 Sq Ft
1.31 Acres

Last Sold April 26, 2013

Last sale price $600,000 $54 Per Sq Ft

113 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1.31 Acre Lot
  • Cul-De-Sac
  • Tile Flooring

About This Home

As of April 2013

DRIVE BY OK. DO NOT DISTURB TENANTS OR MANAGER! Rare opportunity to purchase a turn-key apartment complex. Stable, long-term tenants. Quiet complex with no drama and no late/unpaid rents. Runs like a top! New roofs in 2008, new exterior in 2009. 5 single-story fourplexes with private patios. Small house on property for manager or additional income. Private drive into fully enclosed property.

Last Agent to Sell the Property

Patricia Wojewoda

Better Homes & Gardens RE Star License #160949 Listed on: 12/06/2012

Better Homes & Gardens RE Star

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,357

Lot Details

  • 1.31 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Few Trees

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 11,080 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • 38 Open Parking Spaces
  • 38 Parking Spaces
  • 1 Carport Space
  • RV Access or Parking
  • Assigned Parking

Schools

  • MIMS Elementary School
  • Astronaut High School

Utilities

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

Listing and Financial Details

  • The owner pays for electricity, grounds care, insurance, pest control, sewer, taxes, trash collection, water
  • Assessor Parcel Number 21353353000010000700

Community Details

Overview

  • No Home Owners Association
  • 21 Units
  • Terrace Garden Subdivision

Building Details

  • Operating Expense $30,103
  • Gross Income $96,900
  • Net Operating Income $68,597

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,357

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Cul-De-Sac, Dead End Street, Few Trees, Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Terrace Garden
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 21353353000010000700
  • Location Tax and Legal Elementary School: Mims
  • Location Tax and Legal High School: Astronaut
  • Location Tax and Legal Tax Annual Amount: 5357.04
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Building Area Total3: 11080.0
  • General Property Information Lot Size Acres: 1.31
  • General Property Information Lot Size Square Feet2: 57063.6
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • Flooring Vinyl: Yes
  • General Property Information Number Of Units Total2: 21.0
  • Gross Scheduled Income: 96900.0
  • Income And Expenses Operating Expense: 30103.0
  • Cooling WallWindow Unit(s): Yes
  • Utilities Sewer Connected: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 1.31
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Other21: Yes
  • Lot Features:Few Trees: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, RV Access/Parking, Other
  • Total Parking Spaces: 38.0
  • General Property Information:Garage YN: No
  • Parking Features:Assigned: Yes
  • Parking Features:Other26: Yes
  • Parking Features:RV AccessParking: Yes
  • General Property Information:Parking Total: 38.0
  • General Property Information:Open Parking Spaces2: 38.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Cable Available, Sewer Connected, Water Available
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 57063.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 21353353000010000700
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Grounds Care, Insurance, Pest Control, Sewer, Taxes, Trash Collection, Water

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5357.04

Multi Family

  • Number Of Units Total: 21
  • Annual Operating Expense: 30103.0
  • Income And Expenses Net Operating Income: 68597.0

MLS Schools

  • Elementary School: Mims
  • High School: Astronaut

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2013 04/26/13 Sold $600,000 -7.7% $54 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
12/06/2012 12/06/12 For Sale $650,000 0.0% $59 / Sq Ft
11/01/2012 11/01/12 Rented $475 0.0% --
11/01/2012 11/01/12 Under Contract -- -- --
03/08/2012 03/08/12 For Rent $475 0.0% --
02/01/2012 02/01/12 Rented $475 0.0% --
02/01/2012 02/01/12 Under Contract -- -- --
01/14/2012 01/14/12 For Rent $475 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Patricia Wojewoda

    Better Homes & Gardens RE Star

    (321) 806-1002

    20 Total Sales

    Patricia Wojewoda
    Section Image

  • L

    Seller's Agent in 2012

    Laura Fadok

    Better Homes & Gardens RE Star

See All Agents

Map

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

MLS Number: 655625

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 21-35-33-53-00001.0-0007.00

Florida Brevard County Titusville 32796

50 Terrace Garden Ave, Titusville, FL

Not Listed for Sale

MultiFamily

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Information is deemed reliable but not guaranteed.

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