$1,325,000
Indialantic, FL 32903
MLS# 963261
Status: Closed
6708 sqft
1 / 11
Property Description
Prime Indialantic beachside income property, just south of Fifth Avenue in the SOFA district, a bonus located steps to the beach and Boardwalk! A great place to enjoy the tropical breezes of this incredible 12 multi unit complex offering 8-1 bedroom apartments and 4 efficiencies, that are completely rented. Plenty of on site parking for each unit ! This is a huge opportunity for investment with rental income in this hot spot! It is so convenient to A+ schools, major grocery store , restaurants, shopping, golf and watching those launches from Kennedy Space Center! Easy access to 1-92 and A1A.
Details
Maps
Location, Tax, and Legal
Tax Account: 2731089
Parcel Number: 27-38-31-Eo-00021.0-0016.00
General County Location: South
Elementary School: Indialantic
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 11161
Tax Year: 2022
Tax Legal Description: INDIALANTIC BY THE SEA LOTS 16,17 BLK 21
Directions: Driving on A1A, it is one block south of 1-92 on Sixth Ave.
Off 1-92, turn south on Shannon and 1st right on Sixth Ave.
General Property Information
Number Of Units Total: 12
Living Area: 6708
Living Area Source: Public Records
Building Area Total: 6708
Lot Size Acres: 0.21
Lot Size Square Feet: 9148
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Parking Total: 12
Use Code: 03 / LOW RISE APARTM
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 257.16
Sold Price/SqFt: 197.53
Year Built: 1964
Remarks and Miscellaneous
Public Remarks: Prime Indialantic beachside income property, just south of Fifth Avenue in the SOFA district, a bonus located steps to the beach and Boardwalk! A great place to enjoy the tropical breezes of this incredible 12 multi unit complex offering 8-1 bedroom apartments and 4 efficiencies, that are completely rented. Plenty of on site parking for each unit ! This is a huge opportunity for investment with rental income in this hot spot! It is so convenient to A+ schools, major grocery store , restaurants, shopping, golf and watching those launches from Kennedy Space Center! Easy access to 1-92 and A1A.
Appliances
Refrigerator: 1
Association Amenities
Management - Off Site: 1
Closing Company Details
Closing Company Name: State Title
Tom Stallard
Closing Company Address: 300 W. Fee Ave., Melbourne, FL 32901
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Flooring
Terrazzo: 1
Tile: 1
Levels
Two: 1
Listing Terms
Cash: 1
Parking Features
Additional Parking: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Owner Pays
Exterior Maintenance: 1
Grounds Care: 1
Management: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Road Surface Type
Paved: 1
Roof
Tile: 1
Special Listing Conditions
Standard: 1
Utilities
Sewer Connected: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 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
Contract Information
Current Price: $1,325,000
Original List Price: 1725000
Sold Price: $1,325,000
Status: Closed
Listing Contract Date: 2023-04-24
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 210
Street Name: 6th
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32903
MLS Area Major: 384-Indialantic/Melbourne Beach
Subdivision Name: Indialantic By The Sea
Status Change Information
Major Change Timestamp: 2023-08-22T22:01:38Z
Major Change Type: Status Change
Status Change Timestamp: 2023-08-22
Purchase Contract Date: 2023-06-02
Close Date: 2023-08-22
Close Price: 1325000
Property Features
Appliances: Refrigerator
Association Amenities: Management - Off Site
Construction Materials: Block; Concrete; Stucco
Flooring: Terrazzo; Tile
Levels: Two
Listing Terms: Cash
Owner Pays: Exterior Maintenance; Grounds Care; Management; Sewer; Taxes; Trash Collection
Parking Features: Additional Parking
Pool Features: None
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Tile
Special Listing Conditions: Standard
Utilities: Sewer Connected; Water Available
Water Source: Public
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.