6475 N Highway 1, Melbourne, FL 32940
$1,066,851
Property Type:
Residential Income
Bedrooms:
8
Baths:
4
Square Footage:
2,968
Lot Size (sq. ft.):
27,007
Status:
Closed
Current Price:
$1,066,851
List Date:
4/10/2024
Last Modified:
10/23/2024
Description
Opportunity is here! This stunning .62-acre Riverfront property consists of 3 residential units; a 4 bed/2 bath single-family home (1,768 sf) and a detached duplex (624 sf and 576 sf), each with 2 bed/1 bath, and NO HOA. Redevelop into your riverfront dream estate or rental property (see docs attached for the many rental options). Property features include concrete privacy wall along US-1, a 185' private dock, approx. 100' riverfront, 2018 roof, drain field and septic, ideally located amongst sprawling million-dollar estates and only ¾ mile to Pineda Causeway. The 2-story single-family home has an open floor plan, amazing primary bedroom balcony waterfront views, flagstone fireplace, large laundry/utility room, and screened-in porch. Both duplex units share a large storage area and have patio decks for enjoying the river breeze. Do not miss this one! Tenants with month-to-month leases. See attached documents for Zoning and Use details.
More Information MLS# 1008298
Location, Tax, and Legal
Tax Account: 2605989
Parcel Number: 26-37-18-00-00512.0-0000.00
General County Location: Central
Tax Annual Amount: 8522.96
Tax Year: 2023
Tax Legal Description: PART OF LOT 3 AS DES IN ORB 4177 PG 3099
Directions: From Pineda Causeway, head North on US-1, 6475 US-1 is .75 mile on the East side.
General Property Information
Number Of Buildings: 3
Number Of Units Total: 3
Bathrooms Half: 0
Living Area: 2968
Living Area Source: Appraiser
Lot Size Acres: 0.62
Lot Size Square Feet: 27007
Association YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Waterfront YN: Yes
Water Body Name: Indian River
Water Frontage Feet: 100
CDD Fee YN: No
Water Body Access YN: No
Furnished: Unfurnished
Pool Private YN: No
List Price/SqFt: 404.31
Sold Price/SqFt: 359.45
Bedrooms Total: 8
Bathrooms Total: 4
Bathrooms Full: 4
Year Built: 1957
Remarks and Miscellaneous
Public Remarks: Opportunity is here! This stunning .62-acre Riverfront property consists of 3 residential units; a 4 bed/2 bath single-family home (1,768 sf) and a detached duplex (624 sf and 576 sf), each with 2 bed/1 bath, and NO HOA. Redevelop into your riverfront dream estate or rental property (see docs attached for the many rental options). Property features include concrete privacy wall along US-1, a 185' private dock, approx. 100' riverfront, 2018 roof, drain field and septic, ideally located amongst sprawling million-dollar estates and only ¾ mile to Pineda Causeway. The 2-story single-family home has an open floor plan, amazing primary bedroom balcony waterfront views, flagstone fireplace, large laundry/utility room, and screened-in porch. Both duplex units share a large storage area and have patio decks for enjoying the river breeze. Do not miss this one! Tenants with month-to-month leases. See attached documents for Zoning and Use details.
Closing Company Details
Closing Company Name: State Title Partners
Closing Company Address: 300 W Fee Ave, Melbourne, FL 32901
Cooling
Central Air: 1
Electric: 1
Multi Units: 1
Varies by Unit: 1
Wall/Window Unit(s): 1
Current Use
Investment: 1
Multi-Family: 1
Residential: 1
Single Family: 1
DPR Eligible
DPR Eligible: No
Exterior Features
Balcony: 1
Dock: 1
Fencing
Other: 1
Fireplace Features
Wood Burning: 1
Heating
Varies by Unit: 1
Laundry Features
Multiple Locations: 1
Listing Terms
Cash: 1
Conventional: 1
Parking Features
Shared Driveway: 1
Unassigned: 1
Varies by Unit: 1
Possession
Close Of Escrow: 1
Road Frontage Type
Highway: 1
Road Surface Type
Asphalt: 1
Paved: 1
Roof
Membrane: 1
Shingle: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Unit 1 Details
Unit ID: Duplex 1
Actual Rent: 0
Unit SqFt: 624
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Single story
Unit 2 Details
Unit ID: Duplex 2
Actual Rent: 0
Unit SqFt: 576
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Single story
Unit 3 Details
Unit ID: SFR
Actual Rent: 0
Unit SqFt: 1768
Beds Total: 4
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: 2 Story
Utilities
Electricity Connected: 1
Water Connected: 1
View
Intracoastal: 1
River: 1
Water: 1
Water Source
Public: 1
Waterfront Features
Intracoastal: 1
Navigable Water: 1
River Access: 1
River Front: 1
Showing Requirements
Appointment Only: 1
Contract Information
Current Price: $1,066,851
Original List Price: 1100000
Sold Price: $1,066,851
Status: Closed
Listing Contract Date: 2024-03-19
Property Sub Type: Triplex
Location Tax and Legal
Street Number: 6475
Street Direction Prefix: N
Street Name: Highway 1
County: Brevard
State: FL
Postal Code: 32940
MLS Area Major: 213 - Mainland E of US 1
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2024-09-03T15:30:15Z
Major Change Type: Status Change
Price Change Timestamp: 2024-04-10T20:02:44Z
Status Change Timestamp: 2024-09-03
Purchase Contract Date: 2024-08-01
Close Date: 2024-09-03
Close Price: 1066851
Property Features
Cooling: Central Air; Electric; Multi Units; Varies by Unit; Wall/Window Unit(s)
Current Use: Investment; Multi-Family; Residential; Single Family
Exterior Features: Balcony; Dock
Fencing: Other
Fireplace Features: Wood Burning
Heating: Varies by Unit
Laundry Features: Multiple Locations
Listing Terms: Cash; Conventional
Parking Features: Shared Driveway; Unassigned; Varies by Unit
Possession: Close Of Escrow
Road Frontage Type: Highway
Road Surface Type: Asphalt; Paved
Roof: Membrane; Shingle
Sewer: Septic Tank
Special Listing Conditions: Standard
Utilities: Electricity Connected; Water Connected
View: Intracoastal; River; Water
Water Source: Public
Waterfront Features: Intracoastal; Navigable Water; River Access; River Front
Showing Requirements: Appointment Only
Documents
MORE DETAILS ›
Listing Office:
Realty World Curri Properties
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.