665 S Apollo Boulevard, Melbourne, FL 32901 (MLS# 851389)

665 S Apollo Boulevard, Melbourne, FL 32901

$1,450,000
Property Type: Residential Income Square Footage: 9,028 Lot Size (sq. ft.): 43,124 Status: Closed
Current Price: $1,450,000 List Date: 7/24/2019 Last Modified: 10/23/2024

Overview

Description

Sale of Medical Office Building. Net lease with Tenant paying all expenses including Utilities, Real Estate Taxes and Maintenance. Base rent is $14.95 per square foot with annual CPI increases. Excellent investment area located between Holmes Regional Medical Center and the major employers at the Melbourne Airport. Do not disturb tenant.

Listing Details MLS# 851389

General Property Information

Number Of Buildings
Yes
Number Of Units Total
Yes
Living Area
9028
Living Area Source
Public Records
Building Area Total
9028
Year Built
1994
Garage YN
No
Carport YN
No
Lot Size Acres
0.99
Lot Size Square Feet
43124
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Pool Private YN
No
List Price/SqFt
166.15
Sold Price/SqFt
160.61
Garage Spaces
0
Carport Spaces
0

Property Features

Appliances: Other Association Amenities: Management - Off Site Construction Materials: Block; Brick; Concrete Cooling: Central Air; Electric Financial Data Source: Owner Flooring: Carpet; Tile; Vinyl Levels: One Listing Terms: Conventional Owner Pays: Common Area Maintenance; Other Pool Features: None Possession: Close Of Escrow; Subject To Tenant Rights Road Surface Type: Paved Roof: Shingle Special Listing Conditions: Standard Utilities: Sewer Connected; Water Available Water Source: Public Showing Requirements: Appointment Only

Contract Information

Original List Price
1500000
Listing Contract Date
2019-07-22
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
665
Street Direction Prefix
S
Street Name
Apollo
Street Suffix
Boulevard
County
Brevard
State
FL
Postal Code
32901
MLS Area Major
330 - Melbourne - Central

Remarks and Miscellaneous

Public Remarks
Sale of Medical Office Building. Net lease with Tenant paying all expenses including Utilities, Real Estate Taxes and Maintenance. Base rent is $14.95 per square foot with annual CPI increases. Excellent investment area located between Holmes Regional Medical Center and the major employers at the Melbourne Airport. Do not disturb tenant.

Status Change Information

Major Change Timestamp
2019-12-20T14:59:00Z
Major Change Type
Status Change
Status Change Timestamp
2019-12-20
Purchase Contract Date
2019-10-22
Close Date
2019-12-19
Close Price
1450000

More Information

Closing Company Details

Closing Company Name
Alliance Title
Closing Company Address
10 S Harbor City Boulevard Melbourne, Fl

Income and Expenses

Gross Scheduled Income
135420
Net Operating Income
135420
Gross Income
0
Operating Expense
0

Historical Information

Public Historical Remarks 3
Contact: List Agent, Site Location-Near Railroad: Y, Site Location-Major Roadway: Y

Location, Tax, and Legal

Tax Account
2729547
Parcel Number
27-37-34-00-00264.0-0000.00
General County Location
South
Elementary School
Harbor City
Middle School
Hoover
High School
Melbourne
Tax Annual Amount
30595.4
Tax Year
2018
Tax Legal Description
PART OF NW 1/4 OF NW 1/4 W OF RR R/W AS DES IN ORB 1347 PG 513 EX ORB 1730 PG 522
Directions
From NASA Boulevard and Apollo, north on Apollo, building on the east side.

Appliances

Other
Yes

Association Amenities

Management - Off Site
Yes

Construction Materials

Block
Yes
Brick
Yes
Concrete
Yes

Cooling

Central Air
Yes
Electric
Yes

Flooring

Carpet
Yes
Tile
Yes
Vinyl
Yes

Levels

One
Yes

Listing Terms

Conventional
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Financial Data Source

Owner
Yes

Owner Pays

Common Area Maintenance
Yes
Other
Yes

Road Surface Type

Paved
Yes

Roof

Shingle
Yes

Special Listing Conditions

Standard
Yes

Utilities

Sewer Connected
Yes
Water Available
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
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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