$685,800
Melbourne, FL 32901
MLS# 638541
Status: Closed
11844 sqft
1 / 6
Property Description
Now 100% Occupied and a Waiting List of New Tenants! Well maintained, good tenants, and adjacent to Holmes Regional Hospital! This 3 story 23 unit apartment building was completed in 1975 of Concrete Block and Poured Slab Construction with a 20 Year Thermo-Plastic Commercial Roof (approx. 4 years old). Managers Office, Storage, and Laundry Room is on the First Floor. Call today for a private showing. Sign and return attached confidentiality agreement for Investment Package. Offer''s Welcom
Details
Maps
Location, Tax, and Legal
Tax Account: 2729972
Parcel Number: 27373451000000037100
General County Location: South
Elementary School: Harbor City
High School: Melbourne
Tax Annual Amount: 7463.37
Tax Year: 2011
Tax Legal Description: LOTS 371,372,373
Directions: Adjacent to Holmes Regional Hospital, From US1 go East on Hibiscus Blvd, then North on Oak St.
General Property Information
Number Of Buildings: 1
Number Of Units Total: 23
Living Area Source: Public Records
Building Area Total: 11844
Lot Size Acres: 0.35
Lot Size Square Feet: 15246
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Parking Total: 23
Senior Community YN: No
Water Body Access YN: No
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: Now 100% Occupied and a Waiting List of New Tenants! Well maintained, good tenants, and adjacent to Holmes Regional Hospital! This 3 story 23 unit apartment building was completed in 1975 of Concrete Block and Poured Slab Construction with a 20 Year Thermo-Plastic Commercial Roof (approx. 4 years old). Managers Office, Storage, and Laundry Room is on the First Floor. Call today for a private showing. Sign and return attached confidentiality agreement for Investment Package. Offer''s Welcom
Appliances
Electric Range: 1
Refrigerator: 1
Construction Materials
Block: 1
Concrete: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Flooring
Carpet: 1
Vinyl: 1
Legal Details
Plat Book #: 8
Plat Book Page: 3
Listing Terms
Cash: 1
Conventional: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Financial Data Source
Owner: 1
Income and Expenses
Gross Scheduled Income: 119040
Net Operating Income: 84353
Operating Expense: 37087
Owner Pays
Electricity: 1
Grounds Care: 1
Insurance: 1
Management: 1
Repairs: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Other: 1
Special Listing Conditions
Standard: 1
Utilities
Sewer Connected: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Historical Information
Public Historical Remarks 3: Contact: List Agent, Zoning: C1, Expenses Include-Supplies: Y, Expenses Include-License Permits: Y, Expenses Include-Legal/Accounting: Y, Style-Other - Call Agent: Y
Contract Information
Current Price: $685,800
Original List Price: 999900
Sold Price: $685,800
Status: Closed
Listing Contract Date: 2012-04-16
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 1431
Street Name: Oak
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: Woodlawn Park Replat
Status Change Information
Major Change Timestamp: 2023-11-11T03:43:30Z
Major Change Type: Price Reduced
Price Change Timestamp: 2012-08-02T21:24:04Z
Status Change Timestamp: 2012-11-21
Purchase Contract Date: 2012-10-09
Close Date: 2012-11-21
Close Price: 685800
Property Features
Appliances: Electric Range; Refrigerator
Construction Materials: Block; Concrete
Cooling: Central Air; Wall/Window Unit(s)
Financial Data Source: Owner
Flooring: Carpet; Vinyl
Listing Terms: Cash; Conventional
Owner Pays: Electricity; Grounds Care; Insurance; Management; Repairs; Sewer; Taxes; Trash Collection; Water; Other
Pool Features: None
Possession: Close Of Escrow
Special Listing Conditions: Standard
Utilities: Sewer Connected; Water Available
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Office
Listing Office: Spectrum, Inc.
Last Updated: August - 28 - 2026
Information is deemed to be reliable, but is not guaranteed.