$112,050
Palm Bay, FL 32905
MLS# 787251
Status: Closed
2688 sqft
1 / 1
Property Description
Great income opportunity for 4 units. All units are 1 bedroom 1 bath. Units in Bluff Condo are renting between $700 and $750 each in good shape. Each unit needs a fair amount of work. Seller wants to sell all together since they are in a quad building together. All are deeded separately so each unit can potentially be sold separately in the future.
Details
Maps
Location, Tax, and Legal
Tax Account: 2850913
General County Location: South
Elementary School: Palm Bay Elem
Middle School: Stone
High School: Palm Bay
Tax Legal Description: The Bluffs Condo Ph Iv Units 49,50,51, 52 The Bluffs Condo Ph Iv As Desc In Orb 2673 Pg 1992 And All Amendments Theret
Directions: From Palm Bay Rd. and US1 head south on US1. Turn right on Overlook Dr. into Bluff Condos. Complex is little north of Yellow Dog Café. 3rd parking lot on the right. 4plex will be the NW corner of lot
General Property Information
Number Of Units Total: 4
Living Area: 2688
Living Area Source: Other
Building Area Total: 2688
Association YN: Yes
Association Fee: 100
Association Fee Frequency: Monthly
Garage YN: Yes
Garage Spaces: 1
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Open Parking Spaces: 4
Parking Total: 4
Water Frontage Feet: 4
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 37.17
Sold Price/SqFt: 41.69
Year Built: 1986
Remarks and Miscellaneous
Public Remarks: Great income opportunity for 4 units. All units are 1 bedroom 1 bath. Units in Bluff Condo are renting between $700 and $750 each in good shape. Each unit needs a fair amount of work. Seller wants to sell all together since they are in a quad building together. All are deeded separately so each unit can potentially be sold separately in the future.
Appliances
Other: 1
Association Amenities
Management - Full Time: 1
Closing Company Details
Closing Company Name: Superior Title
Closing Company Address: 1980 N. Atlantic Avenue, Suite 807 Cocoa Beach, Fl
Construction Materials
Brick: 1
Frame: 1
Wood Siding: 1
Cooling
None: 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Dead End Street: 1
Parking Features
Assigned: 1
Detached: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Income: 0
Gross Scheduled Income: 33600
Net Operating Income: 28800
Operating Expense: 4800
Owner Pays
Other: 1
Roof
Shingle: 1
Special Listing Conditions
Real Estate Owned: 1
Utilities
Cable Available: 1
Sewer Connected: 1
Water Available: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Historical Information
Public Historical Remarks 3: Number of Buildings: 1 Building
Contract Information
Current Price: $112,050
OriginalListPrice: 99900
Sold Price: $112,050
Status: Closed
Listing Contract Date: 2017-06-26
Property Sub Type: Quadruplex
Location Tax and Legal
Street Number: 3612-3618
Street Name: Overlook
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32905
MLS Area Major: 340 - NE Palm Bay
Subdivision Name: The Bluffs Condo Ph IV
Status Change Information
Major Change Timestamp: 2017-08-21T20:36:56Z
Major Change Type: Status Change
StatusChangeDate: 2017-08-21
Purchase Contract Date: 2017-06-28
Close Date: 2017-08-16
Close Price: 112050
Property Features
Appliances: Other
Association Amenities: Management - Full Time
Construction Materials: Brick; Frame; Wood Siding
Cooling: None
Flooring: Carpet; Tile; Vinyl
Levels: Two
Listing Terms: Cash; Conventional
Lot Features: Dead End Street
Owner Pays: Other
Parking Features: Assigned; Detached
Pool Features: None
Possession: Close Of Escrow
Roof: Shingle
Special Listing Conditions: Real Estate Owned
Utilities: Cable Available; Sewer Connected; Water Available
Showing Requirements: Appointment Only; Call Listing Office
Listing Office: Real Estate Direct of Florida
Last Updated: August - 16 - 2026
Information is deemed to be reliable, but is not guaranteed.