$400,000
Palm Bay, FL 32905
MLS# 901734
Status: Closed
2960 sqft
1 / 9
Property Description
Wow, this is a rare opportunity to acquire a multifamily complex of six units just minutes to Downtown Melbourne and the Beach! Lots of improvements over the last several years. Please see Property Information flyer for additional information. Possible seller financing to qualified buyers with substantial down payment.
Details
Maps
Location, Tax, and Legal
Tax Account: 2825766
Parcel Number: 28-37-11-76-0000f.0-0002.00
General County Location: South
Elementary School: Palm Bay Elem
Middle School: Stone
High School: Palm Bay
Tax Annual Amount: 2372.3
Tax Year: 2020
Tax Legal Description: FARVIEW SUBD, REPLAT OF PT OF LOT 2 BLK F
Directions: US Highway 1 to Spence Dr, right across from Honda dealership.
General Property Information
Number Of Units Total: 6
Living Area: 2458
Living Area Source: Public Records
Building Area Total: 2960
Lot Size Acres: 0.22
Lot Size Square Feet: 9583
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Parking Total: 6
Use Code: 08 / THREE OR FOUR L
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 284.38
Sold Price/SqFt: 162.73
Year Built: 1958
Remarks and Miscellaneous
Public Remarks: Wow, this is a rare opportunity to acquire a multifamily complex of six units just minutes to Downtown Melbourne and the Beach! Lots of improvements over the last several years. Please see Property Information flyer for additional information. Possible seller financing to qualified buyers with substantial down payment.
Appliances
Dishwasher: 1
Closing Company Details
Closing Company Name: State Title Partners
Construction Materials
Block: 1
Concrete: 1
Frame: 1
Stucco: 1
Wood Siding: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Flooring
Laminate: 1
Levels
One: 1
Listing Terms
Cash: 1
Parking Features
Other: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Owner Pays
Electricity: 1
Grounds Care: 1
Repairs: 1
Sewer: 1
Trash Collection: 1
Water: 1
Roof
Membrane: 1
Shingle: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Sewer Connected: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Showing Considerations
Occupied: 1
Historical Information
Public Historical Remarks 3: Possible Financing-Holding 1st: Y, Equipment/Appliances-Range: Y, Number of Buildings: 2 Buildings
Contract Information
Current Price: $400,000
Original List Price: 799000
Sold Price: $400,000
Status: Closed
Listing Contract Date: 2021-04-09
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 2581
Street Name: Spence
Street Suffix: Drive
Street Direction Suffix: NE
County: Brevard
State: FL
Postal Code: 32905
MLS Area Major: 340 - NE Palm Bay
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2023-11-11T03:49:19Z
Major Change Type: Price Reduced
Price Change Timestamp: 2021-06-09T17:38:34Z
Status Change Timestamp: 2021-12-31
Purchase Contract Date: 2021-11-28
Close Date: 2021-12-30
Close Price: 400000
Property Features
Appliances: Dishwasher
Construction Materials: Block; Concrete; Frame; Stucco; Wood Siding
Cooling: Central Air; Wall/Window Unit(s)
Flooring: Laminate
Levels: One
Listing Terms: Cash
Owner Pays: Electricity; Grounds Care; Repairs; Sewer; Trash Collection; Water
Parking Features: Other
Pool Features: None
Possession: Close Of Escrow
Roof: Membrane; Shingle
Special Listing Conditions: Standard
Utilities: Cable Available; Sewer Connected; Water Available
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only
Listing Office: RE/MAX Alternative Realty
Last Updated: June - 25 - 2026
Information is deemed to be reliable, but is not guaranteed.