5695 S Highway A1a, Melbourne Beach, FL 32951

$1,100,000

Property Type: Residential Income Square Footage: 2,725 Lot Size (sq. ft.): 34,848 Status: Closed

Current Price: $1,100,000 List Date: 11/07/2016 Last Modified: 11/22/2024

Overview

Description

Buy the dream! Oceanfront property almost an acre with 4 income units that have been remodeled. Rent out short or long term. Plenty of room to build your dream home while you rent the units out or have as guest cottages. Units can be changed to condos and you can sell them individually. There is a laundry room. Property also has a security system. Many new updates including new plumbing, septic, new windows, electric, and AC units.

Listing Details MLS# 768285

General Property Information

Number Of Units Total: 4
Living Area: 2500
Living Area Source: Other
Building Area Total: 2725
Year Built: 1979
Garage YN: No
Carport YN: No
Lot Size Acres: 0.9
Lot Size Square Feet: 34848
Lot Size Dimensions: 357.0 ft x 100.0 ft
Association YN: No
Water Body Access YN: No
Waterfront YN: Yes
Pool Private YN: No
List Price/SqFt: 480
Sold Price/SqFt: 440

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer Construction Materials: Block; Concrete; Stucco Flooring: Tile Levels: One Listing Terms: Cash; Conventional; VA Loan Owner Pays: Cable TV; Grounds Care; Insurance; Security; Taxes; Trash Collection Parking Features: Other Pool Features: None Roof: Shingle Sewer: Septic Tank Special Listing Conditions: Standard Utilities: Cable Available; Separate Electric Meters Waterfront Features: Ocean Front Showing Considerations: Occupied; Security System Showing Requirements: Appointment Only; Call Listing Office

Contract Information

Original List Price: 1200000
Listing Contract Date: 2016-11-07
Property Sub Type: Quadruplex

Location Tax and Legal

Street Number: 5695
Street Direction Prefix: S
Street Name: Highway A1a
County: Brevard
State: FL
Postal Code: 32951
MLS Area Major: 385 - South Beaches

Remarks and Miscellaneous

Public Remarks: Buy the dream! Oceanfront property almost an acre with 4 income units that have been remodeled. Rent out short or long term. Plenty of room to build your dream home while you rent the units out or have as guest cottages. Units can be changed to condos and you can sell them individually. There is a laundry room. Property also has a security system. Many new updates including new plumbing, septic, new windows, electric, and AC units.

Status Change Information

Major Change Timestamp: 2017-05-24T19:30:18Z
Major Change Type: Status Change
Status Change Timestamp: 2017-05-24
Purchase Contract Date: 2017-03-03
Close Date: 2017-05-24
Close Price: 1100000

More Information

Closing Company Details

Closing Company Name: Alliance Title

Income and Expenses

Gross Scheduled Income: 75000
Net Operating Income: 58000
Operating Expense: 17000

Historical Information

Public Historical Remarks 3: Possible Financing-Holding 1st: Y, Equipment/Appliances-Range: Y, Number of Buildings: 1 Building

Listing Office: One Sotheby's International

Last Updated: November - 22 - 2024

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