$975,000
Satellite Beach, FL 32937
MLS# 951839
Status: Closed
2489 sqft
1 / 98
Property Description
ATTENTION!! Do not miss out on this amazing turn key, operating income property! This remodeled quad-plex is located across the street from the beach and is ZONED BU1 for short term rentals!! It is currently operating with 4 beautifully remodeled units, and an outstanding history/cash flow! Lovingly named the ''Space Force Suites'', it boasts tropical landscaping, travertine outdoor spaces, shared laundry facility and individual key pad entry to each unit. This property can accomodate up to 24 guests and has been updated in a ''Boutique'' Key West style! New metal roof in 2020; New HVAC spring of 2022. The owner-operator is an Airbnb Premier Host as well as VRBO and willing to train the new owner. Space Force Suites is a LUCRATIVE income opportunity waiting for you!
Details
Maps
Contract Information
Start Showing Date: 2022-12-18
Current Price: $975,000
Original List Price: 1195000
Sold Price: $975,000
Status: Closed
Listing Contract Date: 2022-12-02
Property Sub Type: Quadruplex
Location, Tax, and Legal
Unit Number: 0
Tax Account: 2607512
Parcel Number: 26-37-23-26-00013.0-0001.01
General County Location: South
Elementary School: Sea Park
Middle School: DeLaura
High School: Satellite
Tax Annual Amount: 5059.83
Tax Year: 2022
Tax Legal Description: SOUTH PATRICK SHORES 2ND SEC W 80 FT OF LOT 1 BLK 13 EX CSWY R/W
Directions: From Melbourne- East on Pineda Causeway (SR404), right on A1A, first right on NE 3rd St, 2nd Property on the right.
General Property Information
Number Of Units Total: 4
Living Area: 2489
Living Area Source: Public Records
Building Area Total: 2489
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Open Parking Spaces: 6
Parking Total: 6
Use Code: 08 / MULTIPLE LIVING
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 441.94
Sold Price/SqFt: 391.72
Year Built: 1957
Remarks and Miscellaneous
Public Remarks: ATTENTION!! Do not miss out on this amazing turn key, operating income property! This remodeled quad-plex is located across the street from the beach and is ZONED BU1 for short term rentals!! It is currently operating with 4 beautifully remodeled units, and an outstanding history/cash flow! Lovingly named the ''Space Force Suites'', it boasts tropical landscaping, travertine outdoor spaces, shared laundry facility and individual key pad entry to each unit. This property can accomodate up to 24 guests and has been updated in a ''Boutique'' Key West style! New metal roof in 2020; New HVAC spring of 2022. The owner-operator is an Airbnb Premier Host as well as VRBO and willing to train the new owner. Space Force Suites is a LUCRATIVE income opportunity waiting for you!
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Closing Company Details
Closing Company Name: Ocean Sands Title Services
813-499-9949
doris@oceansandstitle.
Closing Company Address: 13753 Linden Dr. Spring Hill FL 34609
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Wall/Window Unit(s): 1
Flooring
Terrazzo: 1
Tile: 1
Vinyl: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Private Financing Available: 1
Parking Features
Additional Parking: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Financial Data Source
Accountant: 1
Owner: 1
Owner Pays
Cable TV: 1
Electricity: 1
Exterior Maintenance: 1
Gas: 1
Grounds Care: 1
Insurance: 1
Janitorial Service: 1
Management: 1
Repairs: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Other: 1
Road Surface Type
Paved: 1
Roof
Metal: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
No Sign: 1
Showing Service: 1
Showing Considerations
Occupied: 1
Security System: 1
Historical Information
Public Historical Remarks 3: Possible Financing-1031 Exchange: Y, Parking-< 1 Space Per Unit: Y, Equipment/Appliances-Range: Y, Number of Buildings: 1 Building
Location Tax and Legal
Street Number: 105
Street Direction Prefix: NE
Street Name: 3rd
Street Suffix: Street
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 381 - N Satellite Beach
Subdivision Name: S Patrick Shores 2nd Sec
Status Change Information
Major Change Timestamp: 2023-11-11T03:50:00Z
Major Change Type: Price Reduced
Price Change Timestamp: 2023-04-05T21:11:00Z
Status Change Timestamp: 2023-05-25
Purchase Contract Date: 2023-04-19
Close Date: 2023-05-24
Close Price: 975000
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Construction Materials: Block; Concrete; Stucco
Cooling: Wall/Window Unit(s)
Financial Data Source: Accountant; Owner
Flooring: Terrazzo; Tile; Vinyl
Levels: One
Listing Terms: Cash; Conventional; Private Financing Available
Owner Pays: Cable TV; Electricity; Exterior Maintenance; Gas; Grounds Care; Insurance; Janitorial Service; Management; Repairs; Sewer; Taxes; Trash Collection; Water; Other
Parking Features: Additional Parking
Pool Features: None
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Metal
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Available
Water Source: Public
Showing Considerations: Occupied; Security System
Showing Requirements: Appointment Only; Call Listing Office; No Sign; Showing Service
Listing Office: One Sotheby's International
Last Updated: November - 18 - 2024
Information is deemed to be reliable, but is not guaranteed.