1029 -1031 Park Drive, Indian Harbour Beach, FL 32937
$3,025,000
Property Type:
Residential Income
Square Footage:
26,476
Lot Size (sq. ft.):
50,965
Status:
Closed
Current Price:
$3,025,000
List Date:
7/20/2018
Last Modified:
10/23/2024
Description
RARE FIND!! 100% OCCUPANCY 32 Unit RENOVATED Concrete Block Apartment Complexes (1029-1031) w/gated POOL,Outside Shower,Onsite Laundry,Restroom,Barbecue/Patio Area & Manager Office. 1Block to the Atlantic Ocean(Public BEACH Access). 1.17 Acre Parcel. 2Bed 1Bath Units (2 layout styles). NEW Windows, Doors, Electrical, Appliances,All Tile Flooring... Huge List. Sold AS-IS Right to Inspect.
More Information MLS# 819624
Location, Tax, and Legal
Tax Account: 2714479
Parcel Number: 27-37-12-26-00000.0-0021.00
General County Location: South
Elementary School: Ocean Breeze
Middle School: Hoover
High School: Satellite
Tax Annual Amount: 25682
Tax Year: 2017
Tax Legal Description: SEMINOLE HEIGHTS LOTS 21 THRU 25
Directions: A1A North of the Eau Gallie Causeway +-1 mile. West on Pinetree Dr., North on Central Rd & West on Park Dr. *BY APPT ONLY* NO SIGN ON PROPERTY.** DO NOT APPROACH OR DISTURB TENANTS**
General Property Information
Number Of Units Total: 32
Living Area: 26140
Living Area Source: Public Records
Building Area Total: 26476
Lot Size Acres: 1.17
Lot Size Dimensions: 375x140
Lot Size Square Feet: 50965
Association YN: No
Garage YN: No
Property Use: C
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Open Parking Spaces: 0
Parking Total: 41
Water Frontage Feet: 0
Use Code: 03
Water Body Access YN: No
Pool Private YN: Yes
List Price/SqFt: 126.24
Sold Price/SqFt: 115.72
Year Built: 1964
Remarks and Miscellaneous
Public Remarks: RARE FIND!! 100% OCCUPANCY 32 Unit RENOVATED Concrete Block Apartment Complexes (1029-1031) w/gated POOL,Outside Shower,Onsite Laundry,Restroom,Barbecue/Patio Area & Manager Office. 1Block to the Atlantic Ocean(Public BEACH Access). 1.17 Acre Parcel. 2Bed 1Bath Units (2 layout styles). NEW Windows, Doors, Electrical, Appliances,All Tile Flooring... Huge List. Sold AS-IS Right to Inspect.
Appliances
Electric Range: 1
Microwave: 1
Refrigerator: 1
Association Amenities
Management - Live In: 1
Management - On Site: 1
Closing Company Details
Closing Company Name: Alliance Title of Treasure Coast
Closing Company Address: 725 Commerce Center Dr Suite A, Sebastian FL 32958
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Flooring
Tile: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Parking Features
Other: 1
Pool Features
In Ground: 1
Other: 1
Possession
Close Of Escrow: 1
Financial Data Source
Owner: 1
Income and Expenses
Gross Income: 7200
Gross Scheduled Income: 351240
Net Operating Income: 236885
Operating Expense: 121555
Owner Pays
Electricity: 1
Grounds Care: 1
Insurance: 1
Management: 1
Pool Maintenance: 1
Repairs: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Special Listing Conditions
Standard: 1
Utilities
Electricity Available: 1
Separate Electric Meters: 1
Sewer Connected: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
No Sign: 1
Showing Considerations
Occupied: 1
Historical Information
Public Historical Remarks 3: Contact: List Agent, Zoning: Multi 10+, Expenses Include-License Permits: Y
Contract Information
Current Price: $3,025,000
Original List Price: 3299900
Sold Price: $3,025,000
Status: Closed
Listing Contract Date: 2018-07-18
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 1029 -1031
Street Name: Park
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 382-Satellite Bch/Indian Harbour Bch
Subdivision Name: Seminole Heights
Status Change Information
Major Change Timestamp: 2018-08-25T14:36:50Z
Major Change Type: Status Change
Status Change Timestamp: 2018-08-25
Purchase Contract Date: 2018-08-02
Close Date: 2018-08-24
Close Price: 3025000
Property Features
Appliances: Electric Range; Microwave; Refrigerator
Association Amenities: Management - Live In; Management - On Site
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air; Electric
Financial Data Source: Owner
Flooring: Tile
Levels: Two
Listing Terms: Cash; Conventional
Owner Pays: Electricity; Grounds Care; Insurance; Management; Pool Maintenance; Repairs; Sewer; Taxes; Trash Collection; Water
Parking Features: Other
Pool Features: In Ground; Other
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Shingle
Special Listing Conditions: Standard
Utilities: Electricity Available; Separate Electric Meters; Sewer Connected; Water Available
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only; No Sign
Listing Office:
Santana Real Estate LLC
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.