150 – 170 Mediterranean Way, Indian Harbour Beach, FL 32937 (MLS# 1001318)

150 - 170 Mediterranean Way, Indian Harbour Beach, FL 32937

$5,050,000
Property Type: Residential Income Square Footage: 33,808 Status: Closed
Current Price: $5,050,000 List Date: 1/05/2024 Last Modified: 10/23/2024

Description

AUCTION BIDDING NOW OPEN: Bidding ends 2/7. Previously Listed $8.749M. Current High Bid $3.64M. No Reserve. Please contact for auction registration details. --- Showings Sat-Sun 1-4 PM & by appointment. --- This upscale eleven-unit townhouse property is located in the Beachside Eau Gallie District. With eleven-foot ceilings, concrete construction, and impact glass, the charming community stands apart from others in the area. The interiors feature spacious open living and formal dining areas and large kitchens, perfect for entertaining and relaxing. The bedrooms are large, with sizable closets and space for laundry. There are seven 5-bedroom units with 4.5 baths (3 of which have private pools) and four 3-bedroom units with 2.5 baths. The property is fully furnished, providing the perfect opportunity to invest in a property that is easy to own and manage. The gated community has a community pool and lovely landscaping, making it a perfect Floridian oasis.

More Information MLS# 1001318

Contract Information

Comp Sale YN: No Current Price: $5,050,000 Original List Price: 8749000 Sold Price: $5,050,000 Status: Closed Listing Contract Date: 2024-01-04 Property Sub Type: Multi Family

Location, Tax, and Legal

Tax Account: 3030365 Parcel Number: X27-37-13-00-303.G General County Location: South Elementary School: Ocean Breeze Middle School: Hoover High School: Satellite Tax Annual Amount: 65000 Tax Year: 2023 Tax Legal Description: see addendum under DOCS Zoning Description: Multi Family Directions: A1A to Eau Gallie Blvd, half mile turn Right next to Subway & Senior Loco Taco...Subdivision is behind these businesses.

General Property Information

Number Of Buildings: 4 Number Of Units Total: 11 Stories Total: 2 Living Area: 33808 Living Area Source: Public Records Accessibility Features YN: No Association YN: Yes Association Fee: 650 New Construction YN: No Association Fee Frequency: Monthly Association Name: Fortebello HOA Association Fee 2: 5000 Garage YN: Yes Association Fee 2 Frequency: One Time Garage Spaces: 22 Carport YN: No Waterfront YN: No Parking Total: 4 Senior Community YN: No CDD Fee YN: No Water Body Access YN: No Furnished: Furnished Stories: 2 Entry Level: 1 Direction Faces: West List Price/SqFt: 149.37 Sold Price/SqFt: 149.37 Year Built: 2020

Remarks and Miscellaneous

Public Remarks: AUCTION BIDDING NOW OPEN: Bidding ends 2/7. Previously Listed $8.749M. Current High Bid $3.64M. No Reserve. Please contact for auction registration details. --- Showings Sat-Sun 1-4 PM & by appointment. --- This upscale eleven-unit townhouse property is located in the Beachside Eau Gallie District. With eleven-foot ceilings, concrete construction, and impact glass, the charming community stands apart from others in the area. The interiors feature spacious open living and formal dining areas and large kitchens, perfect for entertaining and relaxing. The bedrooms are large, with sizable closets and space for laundry. There are seven 5-bedroom units with 4.5 baths (3 of which have private pools) and four 3-bedroom units with 2.5 baths. The property is fully furnished, providing the perfect opportunity to invest in a property that is easy to own and manage. The gated community has a community pool and lovely landscaping, making it a perfect Floridian oasis.

Appliances

Dishwasher: 1 Electric Oven: 1 Electric Range: 1 Electric Water Heater: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Association Amenities

Gated: 1 Maintenance Grounds: 1 Management - Developer: 1 Management - Off Site: 1

Association Fee Includes

Insurance: 1 Maintenance Grounds: 1 Maintenance Structure: 1

Closing Company Details

Closing Company Name: State Title Partners - Sonia Ackley sonia@statetitlepartners.net Ph:321-728-3836 Fax:321-725-5178 Closing Company Address: 300 W Fee Ave. Melbourne, FL 32901

Construction Materials

Concrete: 1 Frame: 1 Stucco: 1

Cooling

Central Air: 1 Electric: 1

Current Use

Multi-Family: 1 Recreational: 1 Residential: 1

Exterior Features

Balcony: 1 Impact Windows: 1

Fencing

Vinyl: 1

Flooring

Carpet: 1 Tile: 1

Heating

Electric: 1

Laundry Features

Electric Dryer Hookup: 1 In Unit: 1 Washer Hookup: 1

Levels

Two: 1

Listing Terms

Cash: 1

Lot Features

Other: 1

Parking Features

Additional Parking: 1 Garage: 1 Unassigned: 1

Pool Features

In Ground: 1

Possession

Close Of Escrow: 1

Owner Pays

Association Fees: 1

Road Surface Type

Asphalt: 1

Roof

Tile: 1

Security Features

Security Gate: 1

Sewer

Public Sewer: 1

Special Listing Conditions

Auction: 1 Standard: 1

Tenant Pays

None: 1

Unit 1 Details

Unit ID: 150 Actual Rent: 0 Unit SqFt: 3508 Beds Total: 5 Baths Total (Legacy): 5 Furnished: Furnished Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units

Unit 2 Details

Unit ID: 152 Actual Rent: 0 Unit SqFt: 3508 Beds Total: 5 Baths Total (Legacy): 5 Furnished: Furnished Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units

Unit 3 Details

Unit ID: 156 Actual Rent: 0 Unit SqFt: 3508 Beds Total: 5 Baths Total (Legacy): 5 Furnished: Furnished Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units

Unit 4 Details

Unit ID: 158 Actual Rent: 0 Unit SqFt: 3508 Beds Total: 5 Baths Total (Legacy): 5 Furnished: Furnished Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units

Unit 5 Details

Unit ID: 162 Actual Rent: 0 Unit SqFt: 3508 Beds Total: 5 Baths Total (Legacy): 5 Furnished: Furnished Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units

Unit 6 Details

Unit ID: 166 Actual Rent: 0 Unit SqFt: 3508 Beds Total: 5 Baths Total (Legacy): 5 Furnished: Furnished Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units

Unit 7 Details

Unit ID: 170 Actual Rent: 0 Unit SqFt: 3508 Beds Total: 5 Baths Total (Legacy): 5 Furnished: Furnished Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units

Unit 8 Details

Unit ID: 154 Actual Rent: 0 Unit SqFt: 2313 Beds Total: 3 Baths Total (Legacy): 3 Furnished: Furnished Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units

Utilities

Cable Connected: 1 Electricity Connected: 1 Natural Gas Not Available: 1 Separate Electric Meters: 1 Separate Water Meters: 1 Sewer Connected: 1 Water Connected: 1

View

Pond: 1 Pool: 1

Water Source

Public: 1

Showing Requirements

Appointment Only: 1

Showing Considerations

Occupied: 1

Location Tax and Legal

Street Number: 150 - 170 Street Name: Mediterranean Street Suffix: Way County: Brevard State: FL Postal Code: 32937 MLS Area Major: 382-Satellite Bch/Indian Harbour Bch Subdivision Name: Fortebello

Status Change Information

Major Change Timestamp: 2024-03-08T03:05:30Z Major Change Type: Status Change Price Change Timestamp: 2024-02-07T22:54:20Z Status Change Timestamp: 2024-03-07 Purchase Contract Date: 2024-03-06 Close Date: 2024-03-07 Close Price: 5050000

Property Features

Appliances: Dishwasher; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Association Amenities: Gated; Maintenance Grounds; Management - Developer; Management - Off Site Association Fee Includes: Insurance; Maintenance Grounds; Maintenance Structure Construction Materials: Concrete; Frame; Stucco Cooling: Central Air; Electric Current Use: Multi-Family; Recreational; Residential Exterior Features: Balcony; Impact Windows Fencing: Vinyl Flooring: Carpet; Tile Heating: Electric Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Levels: Two Listing Terms: Cash Lot Features: Other Owner Pays: Association Fees Parking Features: Additional Parking; Garage; Unassigned Pool Features: In Ground Possession: Close Of Escrow Road Surface Type: Asphalt Roof: Tile Security Features: Security Gate Sewer: Public Sewer Special Listing Conditions: Auction; Standard Tenant Pays: None Utilities: Cable Connected; Electricity Connected; Natural Gas Not Available; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Connected View: Pond; Pool Water Source: Public Showing Considerations: Occupied Showing Requirements: Appointment Only
Listing Office: One Sotheby's International
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.

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