NOT LISTED FOR SALE

5001 Malabar Blvd Unit 101-104 Melbourne Beach, FL 32951

Floridana Beach Neighborhood
-- Bed
-- Bath
3,722 Sq Ft
0.49 Acres

Last Sold March 15, 2023

Last sale price $1,050,000 $282 Per Sq Ft

22 Days on Market

Highlights

  • Waterfront
  • RV Access or Parking
  • Resident Manager or Management On Site
  • Gemini Elementary School Rated A-
  • No HOA
  • Tile Flooring

About This Home

As of March 2023

Rare opportunity to own a quality investment property just a short stroll to the beach in a great Melbourne Beach neighborhood. Each of the 4 units all have 2 bedrooms, 2 baths, a private 1 car garage, expansive porch and individually privacy fenced back yard areas on this nearly 1/2 acre property. Concrete block construction, vaulted ceilings in the living areas, tiled throughout and 2 units have new kitchens on order to be installed mid February. Shown by appointment.

Last Agent to Sell the Property

Dave Settgast

One Sotheby's International License #3165226 Listed on: 01/06/2023

One Sotheby's International

Last Buyer's Agent

Dominique Mahler

Keller Williams Realty Brevard License #3424388

Keller Williams Realty Brevard

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,596

Year Built

  • Built in 1987

Lot Details

  • 0.49 Acre Lot
  • Waterfront

Parking

  • RV Access or Parking

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,722 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Air
  • Well
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electricity, exterior maintenance, grounds care, insurance, management, pest control, repairs, sewer, taxes, trash collection, water
  • Assessor Parcel Number 29-38-03-75-00000.0-0001.00

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Beach Townhouses Subdivision

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,596

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1987
  • Reso Property Sub Type: Quadruplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • Reso Association Amenities: Management - Live In, Management- On Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Beach Townhouses
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 29-38-03-75-00000.0-0001.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 8595.82
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 3722.0
  • General Property Information Building Area Total3: 6228.0
  • General Property Information Lot Size Acres: 0.49
  • General Property Information Lot Size Square Feet2: 21344.0
  • General Property Information Waterfront YN: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • General Property Information Number Of Units Total2: 4.0
  • General Property Information Water Frontage Feet: 4
  • Association Amenities Management - Live In: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Water Softener Owned
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.49
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Information:Garage YN: No
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • Water Source: Well
  • Sewer Septic Tank: 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: 21344.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2953275
  • Parcel #: 29-38-03-75-00000.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8595.82

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Gemini
  • 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 Change Sq Ft Price
03/15/2023 03/15/23 Sold $1,050,000 -8.7% $282 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $1,150,000 -- $309 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 954023

Space Coast MLS (Space Coast Association of REALTORS®)