2338 Shenandoah Road NE, Palm Bay, FL 32905

$155,000
Property Type: Residential Income Square Footage: 2,758 Lot Size (sq. ft.): 20,038 Status: Closed
Current Price: $155,000 List Date: 1/25/2019 Last Modified: 5/30/2026

Overview

Description

Attention Investors, Solid Cap Rate ! Block construction - Duplex for sale, 2 – 2 Br./1 Ba. units currently generating $1,650/mo. and rents can increase. Well maintained property that requires NO additional investment. Located close to US-1 and the river on an almost ½ acre lot. Tenants have been there for years and rent is paid on time. Paint is fresh inside and out, washer/dryers for each unit and carports for covered parking. Proof of funds and or pre-approval prior to showing.

Listing Details MLS# 835171

General Property Information

Number Of Units Total
2
Living Area
1614
Living Area Source
Public Records
Building Area Total
2758
Year Built
1958
Garage YN
No
Carport YN
Yes
Carport Spaces
2
Open Parking Spaces
4
Parking Total
4
Lot Size Acres
0.46
Lot Size Square Feet
20038
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Pool Private YN
No
List Price/SqFt
99.07
Sold Price/SqFt
96.03
Garage Spaces
0

Property Features

Appliances: Dryer; Electric Range; Refrigerator; Washer Association Amenities: Management - Off Site Construction Materials: Block; Concrete Cooling: Wall/Window Unit(s) Flooring: Terrazzo; Tile Levels: One Listing Terms: Cash; Conventional; FHA Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Repairs; Trash Collection Parking Features: Carport Pool Features: None Possession: Close Of Escrow Special Listing Conditions: Standard Utilities: Cable Available; Sewer Connected; Water Available Showing Considerations: Occupied Showing Requirements: Appointment Only; Call Listing Office

Contract Information

Original List Price
159900
Listing Contract Date
2019-01-24
Property Sub Type
Duplex

Location Tax and Legal

Street Number
2338
Street Name
Shenandoah
Street Suffix
Road
Street Direction Suffix
NE
County
Brevard
State
FL
Postal Code
32905
MLS Area Major
340 - NE Palm Bay
Subdivision Name
Fairview Resubd

Remarks and Miscellaneous

Public Remarks
Attention Investors, Solid Cap Rate ! Block construction - Duplex for sale, 2 – 2 Br./1 Ba. units currently generating $1,650/mo. and rents can increase. Well maintained property that requires NO additional investment. Located close to US-1 and the river on an almost ½ acre lot. Tenants have been there for years and rent is paid on time. Paint is fresh inside and out, washer/dryers for each unit and carports for covered parking. Proof of funds and or pre-approval prior to showing.

Status Change Information

Major Change Timestamp
2019-03-28T20:59:09Z
Major Change Type
Status Change
Status Change Timestamp
2019-03-28
Purchase Contract Date
2019-02-14
Close Date
2019-03-27
Close Price
155000

More Information

Closing Company Details

Closing Company Name
Supreme Title
Closing Company Address
2415 S Babcock St, Melbourne, FL 32901

Income and Expenses

Gross Scheduled Income
19800
Net Operating Income
17500
Operating Expense
2300
Gross Income
0

Historical Information

Public Historical Remarks 3
Roof-Rolled Comp: Y, Number of Buildings: 1 Building

Location, Tax, and Legal

Tax Account
2825795
Parcel Number
28-37-11-76-0000y.0-0012.00
General County Location
South
Elementary School
Palm Bay Elem
Middle School
Stone
High School
Palm Bay
Tax Annual Amount
1927.3
Tax Year
2018
Tax Legal Description
FARVIEW SUBD, REPLAT OF PT OF LOT 12 BLK Y
Directions
US-1 just north of Robert J Conlan, west on Shenandoah to 2338

Appliances

Dryer
Yes
Electric Range
Yes
Refrigerator
Yes
Washer
Yes

Association Amenities

Management - Off Site
Yes

Construction Materials

Block
Yes
Concrete
Yes

Cooling

Wall/Window Unit(s)
Yes

Flooring

Terrazzo
Yes
Tile
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes

Parking Features

Carport
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Owner Pays

Exterior Maintenance
Yes
Grounds Care
Yes
Insurance
Yes
Repairs
Yes
Trash Collection
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Sewer Connected
Yes
Water Available
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Office
Yes

Showing Considerations

Occupied
Yes
Listing Office: Engel & Voelkers Melb Downtown
Last Updated: May - 30 - 2026
Information is deemed to be reliable, but is not guaranteed.