3318 Overlook Drive NE 61, Palm Bay, FL 32905

$122,000
Property Type: Residential Income Bedrooms: 1 Square Footage: 672 Lot Size (sq. ft.): 4,356 Status: Closed
Current Price: $122,000 List Date: 4/15/2026 Last Modified: 9/29/2026

Overview

Description

Exceptional investment opportunity in NE Palm Bay! This well-maintained condo 1-bedroom, 1-bathroom, offering a rare combination of immediate stability and long-term appreciation. Perfect for a savvy investor looking for a low-maintenance addition to their portfolio. This move-in ready home was renovated and cabinets and baths replaced 3 years ago as well as luxury vinyl plank flooring, LED lighting, and ceiling fan upstairs. Enjoy the open-concept living space and an energy-efficient tankless water heater. The two-story loft-style layout offers privacy with the spacious bedroom, bathroom & enclosed laundry room located on the second floor. Low association dues make this an affordable investment opportunity! A detached one-car garage provides additional storage and convenience for the tenant. 3316 Overlook is also available for sale by same owner. Garage #15 and 1 assigned parking space

Listing Details MLS# 1074687

General Property Information

Number Of Units Total
Yes
Bedrooms Total
Yes
Living Area
672
Accessibility Features YN
No
New Construction YN
No
Year Built
1986
Garage YN
Yes
Garage Spaces
Yes
Carport YN
No
Lot Size Acres
0.1
Lot Size Square Feet
4356
Association YN
Yes
CDD Fee YN
No
Association Fee
200.24
Association Fee Frequency
Monthly
Association Name
The Bluffs Condo
Waterfront YN
No
Furnished
Unfurnished
Stories Total
2
Stories
2
Entry Level
Yes
Direction Faces
East
Pool Private YN
No
Senior Community YN
No
List Price/SqFt
200.74
Sold Price/SqFt
181.55
Bathrooms Half
0
Association Fee 2
0

Property Features

Appliances: Electric Range; Microwave; Refrigerator; Tankless Water Heater Association Fee Includes: Maintenance Grounds; Trash Construction Materials: Brick Cooling: Central Air Current Use: Residential Flooring: Vinyl Heating: Other Laundry Features: Electric Dryer Hookup; Washer Hookup Levels: Two Listing Terms: Cash; Conventional Lot Features: Cleared Parking Features: Assigned; Attached; Garage; Parking Lot Possession: Close Of Escrow Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected View: Trees/Woods Water Source: Public Showing Considerations: Occupied Showing Requirements: Appointment Only; Lockbox; Showing Service

Contract Information

Original List Price
134900
Listing Contract Date
2026-04-15
Property Sub Type
Multi Family
Comp Sale YN
No

Location Tax and Legal

Street Number
3318
Street Name
Overlook
Street Suffix
Drive
Street Direction Suffix
NE
County
Brevard
State
FL
Postal Code
32905
MLS Area Major
340 - NE Palm Bay
Subdivision Name
The Bluffs Condo Ph IV

Remarks and Miscellaneous

Public Remarks
Exceptional investment opportunity in NE Palm Bay! This well-maintained condo 1-bedroom, 1-bathroom, offering a rare combination of immediate stability and long-term appreciation. Perfect for a savvy investor looking for a low-maintenance addition to their portfolio. This move-in ready home was renovated and cabinets and baths replaced 3 years ago as well as luxury vinyl plank flooring, LED lighting, and ceiling fan upstairs. Enjoy the open-concept living space and an energy-efficient tankless water heater. The two-story loft-style layout offers privacy with the spacious bedroom, bathroom & enclosed laundry room located on the second floor. Low association dues make this an affordable investment opportunity! A detached one-car garage provides additional storage and convenience for the tenant. 3316 Overlook is also available for sale by same owner. Garage #15 and 1 assigned parking space

Status Change Information

Major Change Timestamp
2026-09-29T16:27:12Z
Major Change Type
Status Change
Status Change Timestamp
2026-09-29
Purchase Contract Date
2026-06-26
Close Date
2026-09-28
Close Price
122000

More Information

Closing Company Details

Closing Company Name
Prestige Title of Brevard
Closing Company Address
5120 U.S. Rte 1 #103, Melbourne, FL 32940

DPR Eligible

DPR Eligible
Yes

Unit 1 Details

Unit ID
3318
Actual Rent
1200
Unit SqFt
672
Furnished
Unfurnished
Unit Remarks
leased through Feb 2027

Location, Tax, and Legal

Unit Number
61
Tax Account
2850923
Parcel Number
28-38-30-00-00540.F-0000.00
General County Location
South
Middle School
Stone
High School
Palm Bay
Tax Annual Amount
1754.05
Tax Year
2025
Tax Legal Description
THE BLUFFS CONDO PH IV UNIT 61 THE BLUFFS CONDO PH IV AS DESC IN ORB 2673 PG 1992 AND ALL AMENDMENTS THERETO.
Zoning Description
Condominium
Directions
From US 1 going south turn right onto Overlook Dr. Go straight to the end. Park in guest space or space marked for this unit

Appliances

Electric Range
Yes
Microwave
Yes
Refrigerator
Yes
Tankless Water Heater
Yes

Association Fee Includes

Maintenance Grounds
Yes
Trash
Yes

Construction Materials

Brick
Yes

Cooling

Central Air
Yes

Current Use

Residential
Yes

Flooring

Vinyl
Yes

Heating

Other
Yes

Laundry Features

Electric Dryer Hookup
Yes
Washer Hookup
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Cleared
Yes

Parking Features

Assigned
Yes
Attached
Yes
Garage
Yes
Parking Lot
Yes

Possession

Close Of Escrow
Yes

Road Surface Type

Asphalt
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

View

Trees/Woods
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Lockbox
Yes
Showing Service
Yes

Showing Considerations

Occupied
Yes
Listing Office: EXP Realty, LLC
Last Updated: September - 29 - 2026
Information is deemed to be reliable, but is not guaranteed.