Melissa Norcross
Launch Realty & Prop Mgmt. LLC
(321) 450-8711
20 Total Sales
2 in Melbourne
$190K - $680K Price Range
550 Young St Unit A,B,C,D Melbourne, FL 32935
Melbourne Area
--
Beds
--
Baths
4,060
Sq Ft
0.56
Acre Lot
Highlights
- In a Historic District
- No HOA
- 1-Story Property
- 0.56 Acre Lot
- Tile Flooring
- 1-minute walk to Rossetter Park
About This Home
As of October 2018GREAT INVESTMENT PROPERTY! Property located in Historic Old Eau Gallie area – walking distance to river, shopping, restaurants and galleries. 4 residences on 1/2 acre in EGAD. Units are all rented, with annual rental income of $40K resulting in a positive cash flow- with room for major growth!! Each unit approx. 1,200 sq. ft., 2 bedrooms, 1 Bath. Private driveways, indoor laundry, outdoor sitting areas for each unit. Beautifully shaded property boasts mature mossy oaks in beautiful historic setting. Wonderful place as a vacation home or all year round. Works great for long term tenants or seasonal or vacationers.
Last Agent to Sell the Property
Christine Hansen
J. Edwards Real Estate Listed on: 09/25/2018
Last Buyer's Agent
Walter Ferrero
EXP Realty LLC
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,482
Year Built
- Built in 1964
Lot Details
- 0.56
Home Design
- Quadruplex
- Shingle Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 4,060 Sq Ft Home
- 1-Story Property
- Gas Range
- Dryer
Flooring
- Carpet
- Laminate
- Tile
Parking
- 18 Open Parking Spaces
- 18 Parking Spaces
- Additional Parking
- Assigned Parking
Schools
- Creel Elementary School
- Johnson Middle School
- Eau Gallie High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
- Cable TV Available
Additional Features
- 24,394 Sq Ft Lot
- In a Historic District
Listing and Financial Details
- The owner pays for grounds care, insurance, tax, pest control, repairs, taxes
- Assessor Parcel Number 27-37-21-01-00000.0-0023.06
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $24,000
- Gross Income $40,800
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Melbourne, FL
-
Melissa Norcross
-
Samantha Weston
SW
Samantha Weston
Coldwell Banker Realty
(734) 521-4761
19 Total Sales
1 in Melbourne
$191,000 Price
-
Scott Bouchard
Scott Bouchard
One Sotheby's International
(321) 394-9702
54 Total Sales
6 in Melbourne
$475K - $2M Price Range
-
Don Bender
Don Bender
Keller Williams Space Coast
(717) 356-3224
12 Total Sales
1 in Melbourne
$295,000 Price
-
Bart DeNitto
Bart DeNitto
EXP Realty, LLC
(321) 334-4065
11 Total Sales
1 in Melbourne
$250,000 Price
-
Alisabet Valdes
Alisabet Valdes
Arium Real Estate, LLC
(321) 341-4644
13 Total Sales
1 in Melbourne
$67,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/18/2018 10/18/18 | Sold | $398,750 | -11.2% | $98 / Sq Ft |
| 10/03/2018 10/03/18 | Pending | -- | -- | -- |
| 09/25/2018 09/25/18 | For Sale | $449,000 | 0.0% | $111 / Sq Ft |
| 07/31/2018 07/31/18 | Pending | -- | -- | -- |
| 07/23/2018 07/23/18 | For Sale | $449,000 | 0.0% | $111 / Sq Ft |
| 07/16/2018 07/16/18 | Pending | -- | -- | -- |
| 07/09/2018 07/09/18 | For Sale | $449,000 | 0.0% | $111 / Sq Ft |
| 06/25/2018 06/25/18 | Pending | -- | -- | -- |
| 06/16/2018 06/16/18 | For Sale | $449,000 | -- | $111 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Agents Affiliated with this Home
-
CH
Seller's Agent in 2018
Christine Hansen
J. Edwards Real Estate
-
WF
Buyer's Agent in 2018
Walter Ferrero
EXP Realty LLC
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 816725
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