105 NE 3rd Street 0, Satellite Beach, FL 32937

$975,000
Property Type: Residential Income Square Footage: 2,489 Lot Size (sq. ft.): 6,534 Status: Closed
Current Price: $975,000 List Date: 12/18/2022 Last Modified: 8/04/2026

Overview

Description

ATTENTION!! Do not miss out on this amazing turn key, operating income property! This remodeled quad-plex is located across the street from the beach and is ZONED BU1 for short term rentals!! It is currently operating with 4 beautifully remodeled units, and an outstanding history/cash flow! Lovingly named the ''Space Force Suites'', it boasts tropical landscaping, travertine outdoor spaces, shared laundry facility and individual key pad entry to each unit. This property can accomodate up to 24 guests and has been updated in a ''Boutique'' Key West style! New metal roof in 2020; New HVAC spring of 2022. The owner-operator is an Airbnb Premier Host as well as VRBO and willing to train the new owner. Space Force Suites is a LUCRATIVE income opportunity waiting for you!

Listing Details MLS# 951839

General Property Information

Number Of Units Total
4
Living Area
2489
Living Area Source
Public Records
Building Area Total
2489
Year Built
1957
Garage YN
No
Carport YN
No
Open Parking Spaces
6
Parking Total
6
Lot Size Acres
0.15
Lot Size Square Feet
6534
Association YN
No
Use Code
08 / MULTIPLE LIVING
Water Body Access YN
No
Waterfront YN
No
Pool Private YN
No
List Price/SqFt
441.94
Sold Price/SqFt
391.72
Garage Spaces
0
Carport Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Construction Materials: Block; Concrete; Stucco Cooling: Wall/Window Unit(s) Financial Data Source: Accountant; Owner Flooring: Terrazzo; Tile; Vinyl Levels: One Listing Terms: Cash; Conventional; Private Financing Available Owner Pays: Cable TV; Electricity; Exterior Maintenance; Gas; Grounds Care; Insurance; Janitorial Service; Management; Repairs; Sewer; Taxes; Trash Collection; Water; Other Parking Features: Additional Parking Pool Features: None Possession: Close Of Escrow Road Surface Type: Paved Roof: Metal Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Available Water Source: Public Showing Considerations: Occupied; Security System Showing Requirements: Appointment Only; Call Listing Office; No Sign; Showing Service

Contract Information

Original List Price
1195000
Listing Contract Date
2022-12-02
Start Showing Date
2022-12-18
Property Sub Type
Quadruplex

Location Tax and Legal

Street Number
105
Street Direction Prefix
NE
Street Name
3rd
Street Suffix
Street
County
Brevard
State
FL
Postal Code
32937
MLS Area Major
381 - N Satellite Beach
Subdivision Name
S Patrick Shores 2nd Sec

Remarks and Miscellaneous

Public Remarks
ATTENTION!! Do not miss out on this amazing turn key, operating income property! This remodeled quad-plex is located across the street from the beach and is ZONED BU1 for short term rentals!! It is currently operating with 4 beautifully remodeled units, and an outstanding history/cash flow! Lovingly named the ''Space Force Suites'', it boasts tropical landscaping, travertine outdoor spaces, shared laundry facility and individual key pad entry to each unit. This property can accomodate up to 24 guests and has been updated in a ''Boutique'' Key West style! New metal roof in 2020; New HVAC spring of 2022. The owner-operator is an Airbnb Premier Host as well as VRBO and willing to train the new owner. Space Force Suites is a LUCRATIVE income opportunity waiting for you!

Status Change Information

Major Change Timestamp
2023-11-11T03:50:00Z
Major Change Type
Price Reduced
Price Change Timestamp
2023-04-05T21:11:00Z
Status Change Timestamp
2023-05-25
Purchase Contract Date
2023-04-19
Close Date
2023-05-24
Close Price
975000

More Information

Closing Company Details

Closing Company Name
Ocean Sands Title Services 813-499-9949 doris@oceansandstitle.
Closing Company Address
13753 Linden Dr. Spring Hill FL 34609

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

Location, Tax, and Legal

Unit Number
No
Tax Account
2607512
Parcel Number
26-37-23-26-00013.0-0001.01
General County Location
South
Elementary School
Sea Park
Middle School
DeLaura
High School
Satellite
Tax Annual Amount
5059.83
Tax Year
2022
Tax Legal Description
SOUTH PATRICK SHORES 2ND SEC W 80 FT OF LOT 1 BLK 13 EX CSWY R/W
Directions
From Melbourne- East on Pineda Causeway (SR404), right on A1A, first right on NE 3rd St, 2nd Property on the right.

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Block
Yes
Concrete
Yes
Stucco
Yes

Cooling

Wall/Window Unit(s)
Yes

Flooring

Terrazzo
Yes
Tile
Yes
Vinyl
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Private Financing Available
Yes

Parking Features

Additional Parking
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Financial Data Source

Accountant
Yes
Owner
Yes

Owner Pays

Cable TV
Yes
Electricity
Yes
Exterior Maintenance
Yes
Gas
Yes
Grounds Care
Yes
Insurance
Yes
Janitorial Service
Yes
Management
Yes
Repairs
Yes
Sewer
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes
Other
Yes

Road Surface Type

Paved
Yes

Roof

Metal
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Available
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Office
Yes
No Sign
Yes
Showing Service
Yes

Showing Considerations

Occupied
Yes
Security System
Yes
Listing Office: One Sotheby's International
Last Updated: August - 04 - 2026
Information is deemed to be reliable, but is not guaranteed.
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