5001 Malabar Boulevard 101-104, Melbourne Beach, FL 32951

$1,050,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/954023

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: 5/14/2026

Overview

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.

Listing Details MLS# 954023

General Property Information

Number Of Units Total: 4
Living Area: 3722
Living Area Source: Public Records
Building Area Total: 6228
Year Built: 1987
Garage YN: No
Carport YN: No
Lot Size Acres: 0.49
Lot Size Square Feet: 21344
Association YN: No
Use Code: 08 / QUADRUPLEX
Water Body Access YN: No
Waterfront YN: No
Water Frontage Feet: 4
Pool Private YN: No
List Price/SqFt: 308.97
Sold Price/SqFt: 282.11

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

Contract Information

Original List Price: 1150000
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

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.

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

More Information

Closing Company Details

Closing Company Name: Precise Title 321-984-0986
Closing Company Address: 201 Sixth Ave Indialantic, Florida 32903

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

Listing Office: One Sotheby's International

Last Updated: May - 14 - 2026

Information is deemed to be reliable, but is not guaranteed.