5001 Malabar Boulevard 101-104, Melbourne Beach, FL 32951
$1,050,000
Property Type:
Residential Income
Square Footage:
6,228
Lot Size (sq. ft.):
21,344
Status:
Closed
Current Price:
$1,050,000
List Date:
1/06/2023
Last Modified:
10/23/2024
Description
Rare opportunity to own a quality investment property just a short stroll to the beach in a great Melbourne Beach neighborhood. Each of the 4 units all have 2 bedrooms, 2 baths, a private 1 car garage, expansive porch and individually privacy fenced back yard areas on this nearly 1/2 acre property. Concrete block construction, vaulted ceilings in the living areas, tiled throughout and 2 units have new kitchens on order to be installed mid February. Shown by appointment.
More Information MLS# 954023
Location, Tax, and Legal
Unit Number: 101-104
Tax Account: 2953275
Parcel Number: 29-38-03-75-00000.0-0001.00
General County Location: South
Elementary School: Gemini
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 8595.82
Tax Year: 2022
Tax Legal Description: BEACH TOWNHOUSES LOTS 1 THUR 4 AND TRACT A
Directions: A1A to Spoonbill ( Crystal Lakes) , South in Malabar.
General Property Information
Number Of Units Total: 4
Living Area: 3722
Living Area Source: Public Records
Building Area Total: 6228
Lot Size Acres: 0.49
Lot Size Square Feet: 21344
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Water Frontage Feet: 4
Use Code: 08 / QUADRUPLEX
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 308.97
Sold Price/SqFt: 282.11
Year Built: 1987
Remarks and Miscellaneous
Public Remarks: Rare opportunity to own a quality investment property just a short stroll to the beach in a great Melbourne Beach neighborhood. Each of the 4 units all have 2 bedrooms, 2 baths, a private 1 car garage, expansive porch and individually privacy fenced back yard areas on this nearly 1/2 acre property. Concrete block construction, vaulted ceilings in the living areas, tiled throughout and 2 units have new kitchens on order to be installed mid February. Shown by appointment.
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Water Softener Owned: 1
Association Amenities
Management - Live In: 1
Management - On Site: 1
Closing Company Details
Closing Company Name: Precise Title
321-984-0986
Closing Company Address: 201 Sixth Ave Indialantic, Florida 32903
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Flooring
Tile: 1
Laundry Features
Electric Dryer Hookup: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Parking Features
RV Access/Parking: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Owner Pays
Electricity: 1
Exterior Maintenance: 1
Grounds Care: 1
Insurance: 1
Management: 1
Pest Control: 1
Repairs: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Roof
Shingle: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Water Source
Well: 1
Showing Requirements
Appointment Only: 1
Showing Service: 1
Showing Considerations
Occupied: 1
Historical Information
Public Historical Remarks 3: Possible Financing-Holding 1st: Y, Parking-1 Space Per Unit: Y, Equipment/Appliances-Range: Y, Number of Buildings: 1 Building
Contract Information
Current Price: $1,050,000
Original List Price: 1150000
Sold Price: $1,050,000
Status: Closed
Listing Contract Date: 2023-01-06
Property Sub Type: Quadruplex
Location Tax and Legal
Street Number: 5001
Street Name: Malabar
Street Suffix: Boulevard
County: Brevard
State: FL
Postal Code: 32951
MLS Area Major: 385 - South Beaches
Subdivision Name: Beach Townhouses
Status Change Information
Major Change Timestamp: 2023-03-15T18:03:14Z
Major Change Type: Status Change
Status Change Timestamp: 2023-03-15
Purchase Contract Date: 2023-01-29
Close Date: 2023-03-15
Close Price: 1050000
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Softener Owned
Association Amenities: Management - Live In; Management - On Site
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air; Electric
Flooring: Tile
Laundry Features: Electric Dryer Hookup
Levels: One
Listing Terms: Cash; Conventional
Owner Pays: Electricity; Exterior Maintenance; Grounds Care; Insurance; Management; Pest Control; Repairs; Sewer; Taxes; Trash Collection; Water
Parking Features: RV Access/Parking
Pool Features: None
Possession: Close Of Escrow
Roof: Shingle
Sewer: Septic Tank
Special Listing Conditions: Standard
Utilities: Cable Available
Water Source: Well
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Showing Service
Listing Office:
One Sotheby's International
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.