Mar y Sol Properties

150 – 170 Mediterranean Way, Indian Harbour Beach, FL 32937 (MLS# 1001318)


$5,050,000
150 - 170 Mediterranean Way
Indian Harbour Beach, FL 32937
MLS# 1001318
Status: Closed



Indian Harbour Beach MLS Template — SCA
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Indian Harbour Beach MLS Template — SCA Fortebello 11 units 32-DJI_0270 33-DJI_0271 34-DJI_0272 Amenities-3 Amenities-4 Amenities-5 Amenities-6 Amenities-14 Amenities-15 35-DJI_0288 37-DJI_0290 38-DJI_0291 39-DJI_0292 40-DJI_0293 01-untitled-28 03-untitled-24 05-untitled-1 06-untitled-29 07-untitled-2 08-untitled-3 09-untitled-4 10-untitled-5 11-untitled-6 12-untitled-7 13-untitled-8 14-untitled-9 15-untitled-10 16-untitled-11 17-untitled-12 18-untitled-13 19-untitled-26 20-untitled-14 21-untitled-15 22-untitled-16 23-untitled-17 24-untitled-18 25-untitled-19 26-untitled-20 27-untitled-21 28-untitled-22 29-untitled-23 30-untitled-24 31-untitled-25 32-untitled-27 33-untitled-28

Property Description
AUCTION BIDDING NOW OPEN: Bidding ends 2/7. Previously Listed $8.749M. Current High Bid $3.64M. No Reserve. Please contact for auction registration details. --- Showings Sat-Sun 1-4 PM & by appointment. --- This upscale eleven-unit townhouse property is located in the Beachside Eau Gallie District. With eleven-foot ceilings, concrete construction, and impact glass, the charming community stands apart from others in the area. The interiors feature spacious open living and formal dining areas and large kitchens, perfect for entertaining and relaxing. The bedrooms are large, with sizable closets and space for laundry. There are seven 5-bedroom units with 4.5 baths (3 of which have private pools) and four 3-bedroom units with 2.5 baths. The property is fully furnished, providing the perfect opportunity to invest in a property that is easy to own and manage. The gated community has a community pool and lovely landscaping, making it a perfect Floridian oasis.

Details
Maps
Documents
Contract Information
Comp Sale YN: No
Current Price: $5,050,000
Original List Price: 8749000
Sold Price: $5,050,000
Status: Closed
Listing Contract Date: 2024-01-04
Property Sub Type: Multi Family
Location, Tax, and Legal
Tax Account: 3030365
Parcel Number: X27-37-13-00-303.G
General County Location: South
Elementary School: Ocean Breeze
Middle School: Hoover
High School: Satellite
Tax Annual Amount: 65000
Tax Year: 2023
Tax Legal Description: see addendum under DOCS
Zoning Description: Multi Family
Directions: A1A to Eau Gallie Blvd, half mile turn Right next to Subway & Senior Loco Taco...Subdivision is behind these businesses.
General Property Information
Number Of Buildings: 4
Number Of Units Total: 11
Stories Total: 2
Living Area: 33808
Living Area Source: Public Records
Accessibility Features YN: No
Association YN: Yes
Association Fee: 650
New Construction YN: No
Association Fee Frequency: Monthly
Association Name: Fortebello HOA
Association Fee 2: 5000
Garage YN: Yes
Association Fee 2 Frequency: One Time
Garage Spaces: 22
Carport YN: No
Waterfront YN: No
Parking Total: 4
Senior Community YN: No
CDD Fee YN: No
Water Body Access YN: No
Furnished: Furnished
Stories: 2
Entry Level: 1
Direction Faces: West
List Price/SqFt: 149.37
Sold Price/SqFt: 149.37
Year Built: 2020
Remarks and Miscellaneous
Public Remarks: AUCTION BIDDING NOW OPEN: Bidding ends 2/7. Previously Listed $8.749M. Current High Bid $3.64M. No Reserve. Please contact for auction registration details. --- Showings Sat-Sun 1-4 PM & by appointment. --- This upscale eleven-unit townhouse property is located in the Beachside Eau Gallie District. With eleven-foot ceilings, concrete construction, and impact glass, the charming community stands apart from others in the area. The interiors feature spacious open living and formal dining areas and large kitchens, perfect for entertaining and relaxing. The bedrooms are large, with sizable closets and space for laundry. There are seven 5-bedroom units with 4.5 baths (3 of which have private pools) and four 3-bedroom units with 2.5 baths. The property is fully furnished, providing the perfect opportunity to invest in a property that is easy to own and manage. The gated community has a community pool and lovely landscaping, making it a perfect Floridian oasis.
Appliances
Dishwasher: 1
Electric Oven: 1
Electric Range: 1
Electric Water Heater: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Association Amenities
Gated: 1
Maintenance Grounds: 1
Management - Developer: 1
Management - Off Site: 1
Association Fee Includes
Insurance: 1
Maintenance Grounds: 1
Maintenance Structure: 1
Closing Company Details
Closing Company Name: State Title Partners - Sonia Ackley sonia@statetitlepartners.net Ph:321-728-3836 Fax:321-725-5178
Closing Company Address: 300 W Fee Ave. Melbourne, FL 32901
Construction Materials
Concrete: 1
Frame: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Multi-Family: 1
Recreational: 1
Residential: 1
Exterior Features
Balcony: 1
Impact Windows: 1
Fencing
Vinyl: 1
Flooring
Carpet: 1
Tile: 1
Heating
Electric: 1
Laundry Features
Electric Dryer Hookup: 1
In Unit: 1
Washer Hookup: 1
Levels
Two: 1
Listing Terms
Cash: 1
Lot Features
Other: 1
Parking Features
Additional Parking: 1
Garage: 1
Unassigned: 1
Pool Features
In Ground: 1
Possession
Close Of Escrow: 1
Owner Pays
Association Fees: 1
Road Surface Type
Asphalt: 1
Roof
Tile: 1
Security Features
Security Gate: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Auction: 1
Standard: 1
Tenant Pays
None: 1
Unit 1 Details
Unit ID: 150
Actual Rent: 0
Unit SqFt: 3508
Beds Total: 5
Baths Total (Legacy): 5
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Unit 2 Details
Unit ID: 152
Actual Rent: 0
Unit SqFt: 3508
Beds Total: 5
Baths Total (Legacy): 5
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Unit 3 Details
Unit ID: 156
Actual Rent: 0
Unit SqFt: 3508
Beds Total: 5
Baths Total (Legacy): 5
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Unit 4 Details
Unit ID: 158
Actual Rent: 0
Unit SqFt: 3508
Beds Total: 5
Baths Total (Legacy): 5
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Unit 5 Details
Unit ID: 162
Actual Rent: 0
Unit SqFt: 3508
Beds Total: 5
Baths Total (Legacy): 5
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Unit 6 Details
Unit ID: 166
Actual Rent: 0
Unit SqFt: 3508
Beds Total: 5
Baths Total (Legacy): 5
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Unit 7 Details
Unit ID: 170
Actual Rent: 0
Unit SqFt: 3508
Beds Total: 5
Baths Total (Legacy): 5
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Unit 8 Details
Unit ID: 154
Actual Rent: 0
Unit SqFt: 2313
Beds Total: 3
Baths Total (Legacy): 3
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Utilities
Cable Connected: 1
Electricity Connected: 1
Natural Gas Not Available: 1
Separate Electric Meters: 1
Separate Water Meters: 1
Sewer Connected: 1
Water Connected: 1
View
Pond: 1
Pool: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Showing Considerations
Occupied: 1
Location Tax and Legal
Street Number: 150 - 170
Street Name: Mediterranean
Street Suffix: Way
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 382-Satellite Bch/Indian Harbour Bch
Subdivision Name: Fortebello
Status Change Information
Major Change Timestamp: 2024-03-08T03:05:30Z
Major Change Type: Status Change
Price Change Timestamp: 2024-02-07T22:54:20Z
Status Change Timestamp: 2024-03-07
Purchase Contract Date: 2024-03-06
Close Date: 2024-03-07
Close Price: 5050000
Property Features
Appliances: Dishwasher; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer
Association Amenities: Gated; Maintenance Grounds; Management - Developer; Management - Off Site
Association Fee Includes: Insurance; Maintenance Grounds; Maintenance Structure
Construction Materials: Concrete; Frame; Stucco
Cooling: Central Air; Electric
Current Use: Multi-Family; Recreational; Residential
Exterior Features: Balcony; Impact Windows
Fencing: Vinyl
Flooring: Carpet; Tile
Heating: Electric
Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup
Levels: Two
Listing Terms: Cash
Lot Features: Other
Owner Pays: Association Fees
Parking Features: Additional Parking; Garage; Unassigned
Pool Features: In Ground
Possession: Close Of Escrow
Road Surface Type: Asphalt
Roof: Tile
Security Features: Security Gate
Sewer: Public Sewer
Special Listing Conditions: Auction; Standard
Tenant Pays: None
Utilities: Cable Connected; Electricity Connected; Natural Gas Not Available; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Connected
View: Pond; Pool
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only

Listing Office: One Sotheby's International

Last Updated: October - 23 - 2024

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