$58,500
Melbourne, FL 32935
MLS# 681030
Status: Closed
1089 sqft
1 / 11
Property Description
This is a great investment!Leased through 10/31/2014 Rent is $885 per month net. Tenant pays everything else. Current tenant has occupied the property for the past 5 1/2 years, and has taken very good care of the property. Tenant is Section 8, so your rent is guaranteed every month. Electrical and AC were updated in 2005, and Roof in 1997.
Details
Maps
Location, Tax, and Legal
Tax Account: 2718321
Parcel Number: 27-37-17-04-0000e.0-0021.00
General County Location: South
Elementary School: Creel
High School: Eau Gallie
Tax Annual Amount: 864.12
Tax Year: 2012
Tax Legal Description: SUNWOOD PARK NO 4 LOT 21 BLK E
Directions: From Aurora Rd, N on Mosswood, Left on Lakewood, left on Orangewood.
General Property Information
Living Area: 1597
Living Area Source: Public Records
Building Area Total: 1089
Lot Size Acres: 0.24
Lot Size Dimensions: 88.0 ft x 119.0 ft
Lot Size Square Feet: 10454
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: Yes
Carport Spaces: 1
Waterfront YN: No
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 42.27
Sold Price/SqFt: 36.63
Remarks and Miscellaneous
Public Remarks: This is a great investment!Leased through 10/31/2014 Rent is $885 per month net. Tenant pays everything else. Current tenant has occupied the property for the past 5 1/2 years, and has taken very good care of the property. Tenant is Section 8, so your rent is guaranteed every month. Electrical and AC were updated in 2005, and Roof in 1997.
Appliances
Electric Range: 1
Refrigerator: 1
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Flooring
Tile: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Parking Features
Carport: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Income: 0
Gross Scheduled Income: 10620
Net Operating Income: 9720
Operating Expense: 900
Owner Pays
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
Call Listing Office: 1
Showing Considerations
Occupied: 1
Historical Information
Public Historical Remarks 3: Number of Buildings: 1 Building
Contract Information
Current Price: $58,500
Original List Price: 67500
Sold Price: $58,500
Status: Closed
Listing Contract Date: 2013-10-24
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 1948
Street Name: Orangewood
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32935
MLS Area Major: 323 - Eau Gallie
Subdivision Name: Sunwood Park No 4
Status Change Information
Major Change Timestamp: 2014-03-01T14:27:34Z
Major Change Type: Status Change
Status Change Timestamp: 2014-03-01
Purchase Contract Date: 2014-02-05
Close Date: 2014-02-28
Close Price: 58500
Property Features
Appliances: Electric Range; Refrigerator
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air
Flooring: Tile
Levels: One
Listing Terms: Cash; Conventional
Owner Pays: Taxes
Parking Features: Carport
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
Showing Requirements: Appointment Only; Call Listing Office
Listing Office: RE/MAX Service Team
Last Updated: August - 15 - 2026
Information is deemed to be reliable, but is not guaranteed.