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150 - 170 Mediterranean Way, Indian Harbour Beach, FL 32937

$5,050,000

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https://www.propertypanorama.com/instaview/spc/1001318

Property Type: Residential Income Square Footage: 33,808 Status: Closed

Current Price: $5,050,000 List Date: 1/05/2024 Last Modified: 5/31/2026

Overview

Description

AUCTION BIDDING NOW OPEN: Bidding ends 2/7. Previously Listed $8.749M. Current High Bid $3.64M. No Reserve. Please contact for auction registration details. --- Showings Sat-Sun 1-4 PM & by appointment. --- This upscale eleven-unit townhouse property is located in the Beachside Eau Gallie District. With eleven-foot ceilings, concrete construction, and impact glass, the charming community stands apart from others in the area. The interiors feature spacious open living and formal dining areas and large kitchens, perfect for entertaining and relaxing. The bedrooms are large, with sizable closets and space for laundry. There are seven 5-bedroom units with 4.5 baths (3 of which have private pools) and four 3-bedroom units with 2.5 baths. The property is fully furnished, providing the perfect opportunity to invest in a property that is easy to own and manage. The gated community has a community pool and lovely landscaping, making it a perfect Floridian oasis.

Listing Details MLS# 1001318

General Property Information

Number Of Buildings: 4
Number Of Units Total: 11
Living Area: 33808
Living Area Source: Public Records
Accessibility Features YN: No
New Construction YN: No
Year Built: 2020
Garage YN: Yes
Garage Spaces: 22
Carport YN: No
Parking Total: 4
Association YN: Yes
CDD Fee YN: No
Association Fee: 650
Association Fee Frequency: Monthly
Association Name: Fortebello HOA
Association Fee 2: 5000
Association Fee 2 Frequency: One Time
Water Body Access YN: No
Waterfront YN: No
Furnished: Furnished
Stories Total: 2
Stories: 2
Entry Level: Yes
Direction Faces: West
Senior Community YN: No
List Price/SqFt: 149.37
Sold Price/SqFt: 149.37

Property Features

Appliances: Dishwasher; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Association Amenities: Gated; Maintenance Grounds; Management - Developer; Management - Off Site Association Fee Includes: Insurance; Maintenance Grounds; Maintenance Structure Construction Materials: Concrete; Frame; Stucco Cooling: Central Air; Electric Current Use: Multi-Family; Recreational; Residential Exterior Features: Balcony; Impact Windows Fencing: Vinyl Flooring: Carpet; Tile Heating: Electric Laundry Features: Electric Dryer Hookup; In Unit; Washer Hookup Levels: Two Listing Terms: Cash Lot Features: Other Owner Pays: Association Fees Parking Features: Additional Parking; Garage; Unassigned Pool Features: In Ground Possession: Close Of Escrow Road Surface Type: Asphalt Roof: Tile Security Features: Security Gate Sewer: Public Sewer Special Listing Conditions: Auction; Standard Tenant Pays: None Utilities: Cable Connected; Electricity Connected; Natural Gas Not Available; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Connected View: Pond; Pool Water Source: Public Showing Considerations: Occupied Showing Requirements: Appointment Only

Contract Information

Original List Price: 8749000
Listing Contract Date: 2024-01-04
Property Sub Type: Multi Family
Comp Sale YN: No

Location Tax and Legal

Street Number: 150 - 170
Street Name: Mediterranean
Street Suffix: Way
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 382-Satellite Bch/Indian Harbour Bch
Subdivision Name: Fortebello

Remarks and Miscellaneous

Public Remarks: AUCTION BIDDING NOW OPEN: Bidding ends 2/7. Previously Listed $8.749M. Current High Bid $3.64M. No Reserve. Please contact for auction registration details. --- Showings Sat-Sun 1-4 PM & by appointment. --- This upscale eleven-unit townhouse property is located in the Beachside Eau Gallie District. With eleven-foot ceilings, concrete construction, and impact glass, the charming community stands apart from others in the area. The interiors feature spacious open living and formal dining areas and large kitchens, perfect for entertaining and relaxing. The bedrooms are large, with sizable closets and space for laundry. There are seven 5-bedroom units with 4.5 baths (3 of which have private pools) and four 3-bedroom units with 2.5 baths. The property is fully furnished, providing the perfect opportunity to invest in a property that is easy to own and manage. The gated community has a community pool and lovely landscaping, making it a perfect Floridian oasis.

Status Change Information

Major Change Timestamp: 2024-03-08T03:05:30Z
Major Change Type: Status Change
Price Change Timestamp: 2024-02-07T22:54:20Z
Status Change Timestamp: 2024-03-07
Purchase Contract Date: 2024-03-06
Close Date: 2024-03-07
Close Price: 5050000

More Information

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

Unit 1 Details

Unit ID: 150
Unit SqFt: 3508
Baths Total (Legacy): 5
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Actual Rent: 0

Unit 2 Details

Unit ID: 152
Unit SqFt: 3508
Baths Total (Legacy): 5
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Actual Rent: 0

Unit 3 Details

Unit ID: 156
Unit SqFt: 3508
Baths Total (Legacy): 5
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Actual Rent: 0

Unit 4 Details

Unit ID: 158
Unit SqFt: 3508
Baths Total (Legacy): 5
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Actual Rent: 0

Unit 5 Details

Unit ID: 162
Unit SqFt: 3508
Baths Total (Legacy): 5
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Actual Rent: 0

Unit 6 Details

Unit ID: 166
Unit SqFt: 3508
Baths Total (Legacy): 5
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Actual Rent: 0

Unit 7 Details

Unit ID: 170
Unit SqFt: 3508
Baths Total (Legacy): 5
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Actual Rent: 0

Unit 8 Details

Unit ID: 154
Unit SqFt: 2313
Baths Total (Legacy): 3
Furnished: Furnished
Unit Remarks: There are 7 @5-bed-units and 4 @ 3-bed-units
Actual Rent: 0

Location, Tax, and Legal

Tax Account: 3030365
Parcel Number: X27-37-13-00-303.G
General County Location: South
Elementary School: Ocean Breeze
Middle School: Hoover
High School: Satellite
Tax Annual Amount: 65000
Tax Year: 2023
Tax Legal Description: see addendum under DOCS
Zoning Description: Multi Family
Directions: A1A to Eau Gallie Blvd, half mile turn Right next to Subway & Senior Loco Taco...Subdivision is behind these businesses.

Appliances

Dishwasher: Yes
Electric Oven: Yes
Electric Range: Yes
Electric Water Heater: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Association Amenities

Gated: Yes
Maintenance Grounds: Yes
Management - Developer: Yes
Management - Off Site: Yes

Association Fee Includes

Insurance: Yes
Maintenance Grounds: Yes
Maintenance Structure: Yes

Construction Materials

Concrete: Yes
Frame: Yes
Stucco: Yes

Cooling

Central Air: Yes
Electric: Yes

Current Use

Multi-Family: Yes
Recreational: Yes
Residential: Yes

Exterior Features

Balcony: Yes
Impact Windows: Yes

Fencing

Vinyl: Yes

Flooring

Carpet: Yes
Tile: Yes

Heating

Electric: Yes

Laundry Features

Electric Dryer Hookup: Yes
In Unit: Yes
Washer Hookup: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes

Lot Features

Other: Yes

Parking Features

Additional Parking: Yes
Garage: Yes
Unassigned: Yes

Pool Features

In Ground: Yes

Possession

Close Of Escrow: Yes

Owner Pays

Association Fees: Yes

Road Surface Type

Asphalt: Yes

Roof

Tile: Yes

Security Features

Security Gate: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Auction: Yes
Standard: Yes

Tenant Pays

None: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Not Available: Yes
Separate Electric Meters: Yes
Separate Water Meters: Yes
Sewer Connected: Yes
Water Connected: Yes

View

Pond: Yes
Pool: Yes

Water Source

Public: Yes

Showing Requirements

Appointment Only: Yes

Showing Considerations

Occupied: Yes

Documents

AIRDNA ›

AUCTION INFO ›

Listing Office: One Sotheby's International

Last Updated: May - 31 - 2026

Information is deemed to be reliable, but is not guaranteed.

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