NOT LISTED FOR SALE

85 NW Irwin Ave Melbourne, FL 32904

-- Bed
1 Bath
7,728 Sq Ft
25,265 Sq Ft Lot

Last Sold June 01, 2017

Last sale price $440,000 $57 Per Sq Ft

16 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Tile Flooring
  • 0.58 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Heating Available

About This Home

As of June 2017

Wonderful location blocks to shopping center, restaurants, and major transportation. Close to FIT, downtown Melbourne, and private schools, and golf. Complex includes one house, one duplex and 8 unit building all on quiet street with good off street parking. This is an older complex with city water and sewer. City has asked for updates and repairs are on going. To be shown to well qualified experienced prospects and no offer will be entertained without proof of funds. This requires cash. Owner will not hold mortgage.

Last Agent to Sell the Property

Jacqueline Malinowska

One Sotheby's International Listed on: 04/24/2017

Last Buyer's Agent

Christina Gaeta

Red 275

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,963

Year Built

  • Built in 1955

Lot Details

  • 0.58 Acre Lot
  • Waterfront
  • Street terminates at a dead end

Parking

  • 15 Parking Spaces

Home Design

  • Shingle Roof
  • Wood Roof
  • Stucco

Interior Spaces

  • 7,728 Sq Ft Home
  • Tile Flooring
  • Electric Range

Schools

  • University Park Elementary School
  • Stone Middle School
  • Melbourne High School

Utilities

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

Listing and Financial Details

  • The owner pays for electricity, exterior maintenance, grounds care, pest control, repairs, sewer, taxes, trash collection, water
  • Assessor Parcel Number 28-37-05-02-0000c.0-0006.00

Community Details

Overview

  • No Home Owners Association
  • 11 Units
  • Mona Park Subd Subdivision

Building Details

  • Operating Expense $20,000
  • Gross Income $60,000
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,963

Year Built

Built in 1955

Lot Details

0.58 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Dead End Street
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Mona Park Subd
  • Carport Y N: No
  • Garage Yn: No
  • Location Tax and Legal Parcel Number2: 28-37-05-02-0000c.0-0006.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 4963.15
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 7728.0
  • General Property Information Building Area Total3: 7944.0
  • General Property Information Lot Size Acres: 0.58
  • General Property Information Lot Size Square Feet2: 25265.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Number Of Units Total2: 11.0
  • General Property Information Water Frontage Feet: 1
  • Gross Scheduled Income: 60000.0
  • Income And Expenses Operating Expense: 20000.0
  • Cooling WallWindow Unit(s): Yes
  • Roof Wood3: Yes
  • Utilities Sewer Connected: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle, Wood, Other
  • Acres: 0.58
  • Waterfront: No
  • Construction Type: Stucco
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Total Parking Spaces: 15.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 15.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 25265.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-05-02-0000c.0-0006.00
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4963.15

Multi Family

  • Number Of Units Total: 11
  • Annual Operating Expense: 20000.0
  • Income And Expenses Net Operating Income: 40000.0

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne
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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
06/01/2017 06/01/17 Sold $440,000 -25.3% $57 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $589,000 -- $76 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,556 $999,400 -- --
2024 $9,155 $720,100 -- --
2023 $9,155 $538,760 -- --
2022 $9,031 $553,200 $0 $0
2021 $8,656 $477,000 $34,650 $442,350
2020 $8,270 $477,000 $34,650 $442,350
2019 $7,656 $400,000 $34,650 $365,350
2018 $7,419 $375,000 $34,650 $340,350
2015 $3,061 $180,000 $33,000 $147,000
2014 $3,009 $175,000 $33,000 $142,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jacqueline Malinowska

    One Sotheby's International

  • C

    Buyer's Agent in 2017

    Christina Gaeta

    Red 275

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Map

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

MLS Number: 781592

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-05-02-0000C.0-0006.00

Florida Brevard County Melbourne 32904

85 NW Irwin Ave, Melbourne, FL

Not Listed for Sale

MultiFamily

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.
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