$2,330,000
Melbourne Beach, FL 32951
MLS# 976104
Status: Closed
6 beds | 3416 sqft
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Property Description
Discover the ultimate oceanfront investment in the coveted Melbourne Beach community. This exceptional property offers the perfect blend of coastal living and lucrative rental income potential. Wake up to the soothing sounds of the waves and breathe in the salty sea breeze right from your doorstep. Located just a short drive from shopping, dining, fishing, and surfing, this prime location ensures you have easy access to all the amenities you desire. Currently operating as short-term rentals, these units present significant income-generating opportunities. This is your chance to own a slice of paradise, indulge in beachfront living, and secure a promising investment all in one. Opportunities like this are rare, so don't miss out. Act now and make oceanfront dreams a reality!
Details
Maps
Location, Tax, and Legal
Tax Account: 2953546
Parcel Number: 29-38-10-Gx-00009.0-0004.00
General County Location: South
Elementary School: Gemini
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 7947
Tax Year: 2023
Tax Legal Description: NEW MELBOURNE BEACH LOT 4 BLK 9
Directions: A1A south of the Driftwood (Publix) Plaza approx 3 miles to 5255 on the ocean.
General Property Information
Number Of Units Total: 3
Bathrooms Half: 0
Living Area: 3416
Living Area Source: Public Records
Building Area Total: 3416
Lot Size Acres: 0.29
Lot Size Square Feet: 12632
Association YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Waterfront YN: Yes
Open Parking Spaces: 6
Parking Total: 6
Use Code: R-U-2-4
Water Body Access YN: No
Pool Private YN: No
List Price/SqFt: 772.83
Sold Price/SqFt: 682.08
Bedrooms Total: 6
Year Built: 1974
Remarks and Miscellaneous
Public Remarks: Discover the ultimate oceanfront investment in the coveted Melbourne Beach community. This exceptional property offers the perfect blend of coastal living and lucrative rental income potential. Wake up to the soothing sounds of the waves and breathe in the salty sea breeze right from your doorstep. Located just a short drive from shopping, dining, fishing, and surfing, this prime location ensures you have easy access to all the amenities you desire. Currently operating as short-term rentals, these units present significant income-generating opportunities. This is your chance to own a slice of paradise, indulge in beachfront living, and secure a promising investment all in one. Opportunities like this are rare, so don't miss out. Act now and make oceanfront dreams a reality!
Appliances
Dishwasher: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Closing Company Details
Closing Company Name: State Title Partners - Sonia Ackley sonia@statetitlepartners.net Ph:321-728-3836 Fax:321-725-5178
Closing Company Address: 300 W Fee Ave. Melbourne, FL 32901
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Multi-Family: 1
DPR Eligible
DPR Eligible: No
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Heating
Central: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Pool Features
None: 1
Financial Data Source
Owner: 1
Owner Pays
Cable TV: 1
Electricity: 1
Exterior Maintenance: 1
Grounds Care: 1
Insurance: 1
Management: 1
Repairs: 1
Taxes: 1
Trash Collection: 1
Water: 1
Other: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Unit 1 Details
Unit ID: A
Actual Rent: 0
Unit SqFt: 1520
Beds Total: 3
Baths Total (Legacy): 2
Furnished: Partially
Unit Remarks: Owner occupied. Not currently leased.
Unit 2 Details
Unit ID: B
Actual Rent: 0
Unit SqFt: 1319
Beds Total: 2
Baths Total (Legacy): 2
Furnished: Partially
Unit Remarks: Ocean views from the living/dining area.
Unit 3 Details
Unit ID: C
Actual Rent: 0
Unit SqFt: 544
Beds Total: 1
Baths Total (Legacy): 1
Furnished: Partially
Unit Remarks: Beach access.
Utilities
Cable Available: 1
Electricity Connected: 1
Water Available: 1
Water Source
Well: 1
Waterfront Features
Ocean Front: 1
Showing Requirements
Appointment Only: 1
Gated: Private
Showing Service: 1
Showing Considerations
Occupied: 1
Historical Information
Public Historical Remarks 3: Possible Financing-1031 Exchange: Y, Number of Buildings: 1 Building
Non Member Info
Non-Member Brokerage: Sovereign Real Estate Group
Non-Member Name: Dania Perez
Contract Information
Current Price: $2,330,000
Original List Price: 2950000
Sold Price: $2,330,000
Status: Closed
Listing Contract Date: 2023-09-23
Property Sub Type: Triplex
Location Tax and Legal
Street Number: 5255 A,B,C
Street Direction Prefix: S
Street Name: Highway A1a
County: Brevard
State: FL
Postal Code: 32951
MLS Area Major: 385 - South Beaches
Subdivision Name: New Melbourne Beach
Status Change Information
Major Change Timestamp: 2024-09-10T18:53:03Z
Major Change Type: Status Change
Price Change Timestamp: 2024-07-01T15:22:11Z
Status Change Timestamp: 2024-09-10
Close Date: 2024-09-03
Close Price: 2330000
Property Features
Appliances: Dishwasher; Electric Range; Microwave; Refrigerator
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air; Electric
Current Use: Multi-Family
Financial Data Source: Owner
Flooring: Carpet; Tile; Vinyl
Heating: Central
Levels: Two
Listing Terms: Cash; Conventional
Owner Pays: Cable TV; Electricity; Exterior Maintenance; Grounds Care; Insurance; Management; Repairs; Taxes; Trash Collection; Water; Other
Pool Features: None
Road Surface Type: Paved
Roof: Shingle
Sewer: Septic Tank
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Water Available
Water Source: Well
Waterfront Features: Ocean Front
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Showing Service
Listing Office: One Sotheby's International
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.