NOT LISTED FOR SALE
-- Bed
-- Bath
2,292 Sq Ft
0.28 Acres

Last Sold March 19, 2012

Last sale price $588,000 $257 Per Sq Ft

42 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • 1-Story Property
  • Gemini Elementary School Rated A-
  • Tile Flooring

About This Home

As of March 2012

Great opportunity to live on the ocean with income! 2 very charming units PLUS a nice storfront with gift shop zoning!!! Live in one, rent the other (short term licenses currently in place)rent both and run the gift shop! Great A1A location. Duplex can be rebuilt on the property if the current structure is removed. Lots of options!

Last Agent to Sell the Property

Karen Coville

Coville Getz & Co LLC Listed on: 02/01/2012

Last Buyer's Agent

Patricia Stay

Eleanor E. Dillon Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,189

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 250 x 50
  • Ocean Front

Home Design

  • Duplex

Interior Spaces

  • 2,292 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Electric Range

Laundry

  • Dryer
  • Washer

Schools

  • Gemini Elementary School
  • Melbourne High School

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • The owner pays for grounds care, insurance, janitorial service, taxes
  • Assessor Parcel Number 293810GX000010000900

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • New Melbourne Beach Subdivision

Building Details

  • Operating Expense $14,200
  • Gross Income $50,000
  • Net Operating Income $35,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,189

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Duplex
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: New Melbourne Beach
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 293810GX000010000900
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 6189.11
  • Location Tax and Legal Tax Year2: 2011
  • General Property Information Building Area Total3: 2292.0
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12196.8
  • General Property Information Waterfront YN: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • General Property Information Lot Size Dimensions: 250 x 50
  • General Property Information Number Of Units Total2: 2.0
  • Gross Scheduled Income: 50000.0
  • Income And Expenses Operating Expense: 14200.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • ResoLivingAreaSource: Other
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Other
  • Acres: 0.28
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Dimensions: 250 x 50
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2953459
  • Parcel #: 293810GX000010000900
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Janitorial Service, Taxes

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 6189.11

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 14200.0
  • Income And Expenses Net Operating Income: 35800.0

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
03/19/2012 03/19/12 Sold $588,000 -9.5% $257 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $650,000 -- $284 / 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: 633130

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-10-GX-00001.0-0009.00