1501 S Miramar Avenue, Indialantic, FL 32903
$325,000
Property Type:
Residential Income
Square Footage:
2,525
Lot Size (sq. ft.):
10,019
Status:
Closed
Current Price:
$325,000
List Date:
6/07/2017
Last Modified:
6/25/2026
Overview
Description
INDIALANTIC TRIPLEX: Incredible income potential at this 2-story tri-plex. This unique property has amazing ocean views and is just steps to the beach.There are 2 one bedroom units and one 2 bedroom unit. There is a huge demand for rentals like these in this area! Many of the tenants have been there a long, long time and the rents are WELL BELOW
MARKET RATES. Roof replaced in 2015, newer air conditioners, a few cosmetic improvements could really turn this property into something amazing! Excellent schools, restaurants,
shopping, & entertainment are within a short walk. Best of all, the nearest public beach access is located approximately 20 yards away.
Listing Details MLS# 784436
General Property Information
- Number Of Units Total
- 3
- Living Area
- 2489
- Living Area Source
- Public Records
- Building Area Total
- 2525
- Year Built
- 1954
- Garage YN
- No
- Carport YN
- No
- Open Parking Spaces
- 46
- Parking Total
- 4
- Lot Size Acres
- 0.23
- Lot Size Square Feet
- 10019
- Association YN
- No
- Property Use
- 0304
- Use Code
- 0803
- Water Body Access YN
- No
- Waterfront YN
- No
- Pool Private YN
- No
- List Price/SqFt
- 160.31
- Sold Price/SqFt
- 130.57
- Garage Spaces
- 0
- Carport Spaces
- 0
Property Features
Appliances:
Refrigerator
Construction Materials:
Frame; Wood Siding
Cooling:
Central Air; Electric; Wall/Window Unit(s)
Financial Data Source:
Owner
Flooring:
Carpet; Laminate; Terrazzo; Tile
Laundry Features:
Electric Dryer Hookup
Levels:
Two
Listing Terms:
Cash; Conventional
Lot Features:
Corner Lot; Cul-De-Sac
Owner Pays:
Grounds Care; Repairs; Sewer; Taxes; Trash Collection; Water
Parking Features:
Assigned
Pool Features:
None
Possession:
Close Of Escrow
Roof:
Shingle
Special Listing Conditions:
Standard
Utilities:
Cable Available; Electricity Connected; Sewer Connected; Water Available
Water Source:
Public
Showing Considerations:
Occupied; Pet(s) on Premises
Showing Requirements:
Appointment Only; Call Listing Office
Contract Information
- Original List Price
- 399000
- Listing Contract Date
- 2017-05-25
- Property Sub Type
- Triplex
Location Tax and Legal
- Street Number
- 1501
- Street Direction Prefix
- S
- Street Name
- Miramar
- Street Suffix
- Avenue
- County
- Brevard
- State
- FL
- Postal Code
- 32903
- MLS Area Major
- 384-Indialantic/Melbourne Beach
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- INDIALANTIC TRIPLEX: Incredible income potential at this 2-story tri-plex. This unique property has amazing ocean views and is just steps to the beach.There are 2 one bedroom units and one 2 bedroom unit. There is a huge demand for rentals like these in this area! Many of the tenants have been there a long, long time and the rents are WELL BELOW MARKET RATES. Roof replaced in 2015, newer air conditioners, a few cosmetic improvements could really turn this property into something amazing! Excellent schools, restaurants, shopping, & entertainment are within a short walk. Best of all, the nearest public beach access is located approximately 20 yards away.
Status Change Information
- Major Change Timestamp
- 2017-06-16T19:34:59Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2017-06-16
- Purchase Contract Date
- 2017-06-12
- Close Date
- 2017-06-16
- Close Price
- 325000
More Information
Closing Company Details
- Closing Company Name
- Federal Title Insurance Agents
- Closing Company Address
- 1193 US-1, Rockledge, FL 32955, 321-632-4871
Income and Expenses
- Gross Scheduled Income
- 36000
- Net Operating Income
- 26121
- Operating Expense
- 9879
- Gross Income
- 0
Historical Information
- Public Historical Remarks 3
- Source-Data Limited: Y, Equipment/Appliances-Range: Y, Number of Buildings: 1 Building
Location, Tax, and Legal
- Tax Account
- 2846960
- Parcel Number
- 28-38-06-25-00100.0-0001.02
- General County Location
- South
- Elementary School
- Indialantic
- Middle School
- Hoover
- High School
- Melbourne
- Tax Annual Amount
- 4259.43
- Tax Year
- 2016
- Tax Legal Description
- INDIALANTIC BY THE SEA SEC D W 132 FT OF LOT 1 BLK 100
- Directions
- Hwy A1A south of 5th Avenue (192) and it becomes Miramar Ave., just after Tuckaway Shores on left, make a left at Tampa Street. tri-plex is on right.
Appliances
- Refrigerator
- Yes
Construction Materials
- Frame
- Yes
- Wood Siding
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
- Wall/Window Unit(s)
- Yes
Flooring
- Carpet
- Yes
- Laminate
- Yes
- Terrazzo
- Yes
- Tile
- Yes
Laundry Features
- Electric Dryer Hookup
- Yes
Levels
- Two
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Corner Lot
- Yes
- Cul-De-Sac
- Yes
Parking Features
- Assigned
- Yes
Pool Features
- None
- Yes
Possession
- Close Of Escrow
- Yes
Financial Data Source
- Owner
- Yes
Owner Pays
- Grounds Care
- Yes
- Repairs
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
- Water
- Yes
Roof
- Shingle
- Yes
Special Listing Conditions
- Standard
- Yes
Utilities
- Cable Available
- Yes
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Available
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Appointment Only
- Yes
- Call Listing Office
- Yes
Showing Considerations
- Occupied
- Yes
- Pet(s) on Premises
- Yes
Listing Office:
One Sotheby's International
Last Updated: June - 25 - 2026
Information is deemed to be reliable, but is not guaranteed.