$270,000
Melbourne, FL 32935
MLS# 877623
Status: Closed
3108 sqft
1 / 23
Property Description
Income producing, cash flow positive, duplex located on investors dream street. 1724 is rented for 1 year at $1,000/mo starting March 1, 2020. 1726 is rented for 1 year at $1,200/mo starting March 1, 2020. Rental market activity suggests room to increase rental amount for both 1724 & 1726. Excellent opportunity to add to an existing portfolio or own as investment while residing in one side while renting the other. Turn-key condition, new hurricane impact windows, hurricane shutters, roof estimated remaining life of 7 years, owner has maintained the property as if it were a personal residence.
Details
Maps
Location, Tax, and Legal
Tax Account: 2711846
Parcel Number: 27-37-08-53-00000.0-0008.00
General County Location: South
Elementary School: Creel
Middle School: Johnson
High School: Eau Gallie
Tax Annual Amount: 2924
Tax Year: 2019
Tax Legal Description: STEWART PLACE LOT 8
Directions: From Lake Washington, go south on Stewart Road, turn right (west) on Stewart Place. Property is located on the right.
General Property Information
Number Of Units Total: 2
Living Area: 2168
Living Area Source: Public Records
Building Area Total: 3108
Lot Size Acres: 0.18
Lot Size Dimensions: 62ft x 100ft
Lot Size Square Feet: 7841
Association YN: No
Garage YN: Yes
Garage Spaces: 1
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Water Frontage Feet: 2
Use Code: 08 / DUPLEX
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 123.62
Sold Price/SqFt: 124.54
Year Built: 1981
Remarks and Miscellaneous
Public Remarks: Income producing, cash flow positive, duplex located on investors dream street. 1724 is rented for 1 year at $1,000/mo starting March 1, 2020. 1726 is rented for 1 year at $1,200/mo starting March 1, 2020. Rental market activity suggests room to increase rental amount for both 1724 & 1726. Excellent opportunity to add to an existing portfolio or own as investment while residing in one side while renting the other. Turn-key condition, new hurricane impact windows, hurricane shutters, roof estimated remaining life of 7 years, owner has maintained the property as if it were a personal residence.
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Closing Company Details
Closing Company Name: The Layman Law Firm Building
Contact: Paul Dieguez 321.427.2422 |
paul@dieguez-stoller-law.com
Closing Company Address: 1928 Patrick Dr, Indian Harbour Beach, FL 32937
Construction Materials
Block: 1
Brick: 1
Concrete: 1
Frame: 1
Stucco: 1
Vinyl Siding: 1
Wood Siding: 1
Cooling
Central Air: 1
Electric: 1
Flooring
Laminate: 1
Tile: 1
Wood: 1
Laundry Features
Electric Dryer Hookup: 1
Legal Details
Plat Book #: 25
Plat Book Page: 148
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Cul-De-Sac: 1
Dead End Street: 1
Parking Features
Attached: 1
Garage Door Opener: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Scheduled Income: 26400
Owner Pays
Exterior Maintenance: 1
Insurance: 1
Pest Control: 1
Repairs: 1
Taxes: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Sewer Connected: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Key In Office: 1
No Sign: 1
Showing Considerations
Occupied: 1
Pet(s) on Premises: 1
Historical Information
Public Historical Remarks 3: Number of Buildings: 2 Buildings
Contract Information
Current Price: $270,000
Original List Price: 268000
Sold Price: $270,000
Status: Closed
Listing Contract Date: 2020-06-11
Property Sub Type: Duplex
Location Tax and Legal
Street Number: 1724
Street Name: Stewart
Street Suffix: Place
County: Brevard
State: FL
Postal Code: 32935
MLS Area Major: 323 - Eau Gallie
Subdivision Name: Stewart Place
Status Change Information
Major Change Timestamp: 2020-07-26T07:49:48Z
Major Change Type: Status Change
Status Change Timestamp: 2020-07-26
Purchase Contract Date: 2020-06-13
Close Date: 2020-07-17
Close Price: 270000
Property Features
Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer
Construction Materials: Block; Brick; Concrete; Frame; Stucco; Vinyl Siding; Wood Siding
Cooling: Central Air; Electric
Flooring: Laminate; Tile; Wood
Laundry Features: Electric Dryer Hookup
Levels: Two
Listing Terms: Cash; Conventional; FHA; VA Loan
Lot Features: Cul-De-Sac; Dead End Street
Owner Pays: Exterior Maintenance; Insurance; Pest Control; Repairs; Taxes
Parking Features: Attached; Garage Door Opener
Pool Features: None
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Shingle
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Available
Water Source: Public
Showing Considerations: Occupied; Pet(s) on Premises
Showing Requirements: Appointment Only; Key In Office; No Sign
Listing Office: Aaron James Real Estate LLC
Last Updated: August - 12 - 2026
Information is deemed to be reliable, but is not guaranteed.