$420,000
Melbourne, FL 32935
MLS# 828277
Status: Closed
2024 sqft
1 / 2
Property Description
GREAT INVESTMENT OPPORTUNITY!! 2 triplexes for sale in a high traffic and convenient area of Melbourne. All units are occupied and this provides instant income to the new owner. Sale is for 2 buildings with 3 units each: 5 and 7 Circle Avenue. Price is for all 6 units, and all but one have been updated! **This property is part of a rental portfolio sale. Please see documents tab for whole portfolio (2 pages). Property can be bought as part or whole package.
Details
Maps
Location, Tax, and Legal
Tax Account: 2727998
Parcel Number: 27-37-27-25-0000g.0-0005.00
General County Location: South
Elementary School: Harbor City
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 2726.3
Tax Year: 2017
Tax Legal Description: ANNIE LAURIE GARDENS LOT 5 BLK G
Directions: From U.S. 1 head South on Babcock. Left on Circle Avenue. Properties will be on the right
General Property Information
Number Of Units Total: 6
Living Area: 1904
Living Area Source: Other
Building Area Total: 2024
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Association YN: No
Garage YN: No
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 220.59
Sold Price/SqFt: 220.59
Year Built: 1964
Remarks and Miscellaneous
Public Remarks: GREAT INVESTMENT OPPORTUNITY!! 2 triplexes for sale in a high traffic and convenient area of Melbourne. All units are occupied and this provides instant income to the new owner. Sale is for 2 buildings with 3 units each: 5 and 7 Circle Avenue. Price is for all 6 units, and all but one have been updated! **This property is part of a rental portfolio sale. Please see documents tab for whole portfolio (2 pages). Property can be bought as part or whole package.
Appliances
Electric Range: 1
Refrigerator: 1
Construction Materials
Block: 1
Concrete: 1
Cooling
Wall/Window Unit(s): 1
Flooring
Tile: 1
Other: 1
Laundry Features
Electric Dryer Hookup: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Financial Data Source
Owner: 1
Income and Expenses
Gross Income: 0
Gross Scheduled Income: 44400
Net Operating Income: 40137
Operating Expense: 4263
Owner Pays
Grounds Care: 1
Taxes: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Special Listing Conditions
Standard: 1
Utilities
Sewer Connected: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
No Sign: 1
Showing Considerations
Occupied: 1
Historical Information
Public Historical Remarks 3: Number of Buildings: 2 Buildings
Contract Information
Current Price: $420,000
Original List Price: 420000
Sold Price: $420,000
Status: Closed
Listing Contract Date: 2018-10-11
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 5 And 7
Street Name: Circle
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32935
MLS Area Major: 323 - Eau Gallie
Subdivision Name: Annie Laurie Gardens
Status Change Information
Major Change Timestamp: 2018-12-17T14:16:51Z
Major Change Type: Status Change
Status Change Timestamp: 2018-12-17
Purchase Contract Date: 2018-11-20
Close Date: 2018-12-14
Close Price: 420000
Property Features
Appliances: Electric Range; Refrigerator
Construction Materials: Block; Concrete
Cooling: Wall/Window Unit(s)
Financial Data Source: Owner
Flooring: Tile; Other
Laundry Features: Electric Dryer Hookup
Levels: One
Listing Terms: Cash; Conventional
Owner Pays: Grounds Care; Taxes
Pool Features: None
Possession: Close Of Escrow; Subject To Tenant Rights
Road Surface Type: Paved
Roof: Shingle
Special Listing Conditions: Standard
Utilities: Sewer Connected; Water Available
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Call Listing Office; No Sign
Listing Office: Keller Williams Realty Brevard
Last Updated: May - 09 - 2026
Information is deemed to be reliable, but is not guaranteed.