1431 Oak, Melbourne, FL 32901

$685,800
Property Type: Residential Income Square Footage: 11,844 Lot Size (sq. ft.): 15,246 Status: Closed
Current Price: $685,800 List Date: 4/16/2012 Last Modified: 8/28/2026

Overview

Description

Now 100% Occupied and a Waiting List of New Tenants! Well maintained, good tenants, and adjacent to Holmes Regional Hospital! This 3 story 23 unit apartment building was completed in 1975 of Concrete Block and Poured Slab Construction with a 20 Year Thermo-Plastic Commercial Roof (approx. 4 years old). Managers Office, Storage, and Laundry Room is on the First Floor. Call today for a private showing. Sign and return attached confidentiality agreement for Investment Package. Offer''s Welcom

Listing Details MLS# 638541

General Property Information

Number Of Buildings
Yes
Number Of Units Total
23
Living Area Source
Public Records
Building Area Total
11844
Garage YN
No
Carport YN
No
Parking Total
23
Lot Size Acres
0.35
Lot Size Square Feet
15246
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Pool Private YN
No
Senior Community YN
No
Garage Spaces
0
Carport Spaces
0

Property Features

Appliances: Electric Range; Refrigerator Construction Materials: Block; Concrete Cooling: Central Air; Wall/Window Unit(s) Financial Data Source: Owner Flooring: Carpet; Vinyl Listing Terms: Cash; Conventional Owner Pays: Electricity; Grounds Care; Insurance; Management; Repairs; Sewer; Taxes; Trash Collection; Water; Other Pool Features: None Possession: Close Of Escrow Special Listing Conditions: Standard Utilities: Sewer Connected; Water Available Water Source: Public Showing Requirements: Appointment Only; Call Listing Office

Contract Information

Original List Price
999900
Listing Contract Date
2012-04-16
Property Sub Type
Multi Family

Location Tax and Legal

Street Number
1431
Street Name
Oak
County
Brevard
State
FL
Postal Code
32901
MLS Area Major
330 - Melbourne - Central
Subdivision Name
Woodlawn Park Replat

Remarks and Miscellaneous

Public Remarks
Now 100% Occupied and a Waiting List of New Tenants! Well maintained, good tenants, and adjacent to Holmes Regional Hospital! This 3 story 23 unit apartment building was completed in 1975 of Concrete Block and Poured Slab Construction with a 20 Year Thermo-Plastic Commercial Roof (approx. 4 years old). Managers Office, Storage, and Laundry Room is on the First Floor. Call today for a private showing. Sign and return attached confidentiality agreement for Investment Package. Offer''s Welcom

Status Change Information

Major Change Timestamp
2023-11-11T03:43:30Z
Major Change Type
Price Reduced
Price Change Timestamp
2012-08-02T21:24:04Z
Status Change Timestamp
2012-11-21
Purchase Contract Date
2012-10-09
Close Date
2012-11-21
Close Price
685800

More Information

Income and Expenses

Gross Scheduled Income
119040
Net Operating Income
84353
Operating Expense
37087

Legal Details

Plat Book #
8
Plat Book Page
3

Historical Information

Public Historical Remarks 3
Contact: List Agent, Zoning: C1, Expenses Include-Supplies: Y, Expenses Include-License Permits: Y, Expenses Include-Legal/Accounting: Y, Style-Other - Call Agent: Y

Location, Tax, and Legal

Tax Account
2729972
Parcel Number
27373451000000037100
General County Location
South
Elementary School
Harbor City
High School
Melbourne
Tax Annual Amount
7463.37
Tax Year
2011
Tax Legal Description
LOTS 371,372,373
Directions
Adjacent to Holmes Regional Hospital, From US1 go East on Hibiscus Blvd, then North on Oak St.

Appliances

Electric Range
Yes
Refrigerator
Yes

Construction Materials

Block
Yes
Concrete
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Flooring

Carpet
Yes
Vinyl
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Financial Data Source

Owner
Yes

Owner Pays

Electricity
Yes
Grounds Care
Yes
Insurance
Yes
Management
Yes
Repairs
Yes
Sewer
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes
Other
Yes

Special Listing Conditions

Standard
Yes

Utilities

Sewer Connected
Yes
Water Available
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Office
Yes
Listing Office: Spectrum, Inc.
Last Updated: August - 28 - 2026
Information is deemed to be reliable, but is not guaranteed.