5695 S Highway A1a, Melbourne Beach, FL 32951

$1,100,000
Property Type: Residential Income Square Footage: 2,725 Lot Size (sq. ft.): 34,848 Status: Closed
Current Price: $1,100,000 List Date: 11/07/2016 Last Modified: 11/22/2024

Overview

Description

Buy the dream! Oceanfront property almost an acre with 4 income units that have been remodeled. Rent out short or long term. Plenty of room to build your dream home while you rent the units out or have as guest cottages. Units can be changed to condos and you can sell them individually. There is a laundry room. Property also has a security system. Many new updates including new plumbing, septic, new windows, electric, and AC units.

Listing Details MLS# 768285

General Property Information

Number Of Units Total
4
Living Area
2500
Living Area Source
Other
Building Area Total
2725
Year Built
1979
Garage YN
No
Carport YN
No
Lot Size Acres
0.9
Lot Size Square Feet
34848
Lot Size Dimensions
357.0 ft x 100.0 ft
Association YN
No
Water Body Access YN
No
Waterfront YN
Yes
Pool Private YN
No
List Price/SqFt
480
Sold Price/SqFt
440
Garage Spaces
0
Carport Spaces
0

Property Features

Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer Construction Materials: Block; Concrete; Stucco Flooring: Tile Levels: One Listing Terms: Cash; Conventional; VA Loan Owner Pays: Cable TV; Grounds Care; Insurance; Security; Taxes; Trash Collection Parking Features: Other Pool Features: None Roof: Shingle Sewer: Septic Tank Special Listing Conditions: Standard Utilities: Cable Available; Separate Electric Meters Waterfront Features: Ocean Front Showing Considerations: Occupied; Security System Showing Requirements: Appointment Only; Call Listing Office

Contract Information

Original List Price
1200000
Listing Contract Date
2016-11-07
Property Sub Type
Quadruplex

Location Tax and Legal

Street Number
5695
Street Direction Prefix
S
Street Name
Highway A1a
County
Brevard
State
FL
Postal Code
32951
MLS Area Major
385 - South Beaches

Remarks and Miscellaneous

Public Remarks
Buy the dream! Oceanfront property almost an acre with 4 income units that have been remodeled. Rent out short or long term. Plenty of room to build your dream home while you rent the units out or have as guest cottages. Units can be changed to condos and you can sell them individually. There is a laundry room. Property also has a security system. Many new updates including new plumbing, septic, new windows, electric, and AC units.

Status Change Information

Major Change Timestamp
2017-05-24T19:30:18Z
Major Change Type
Status Change
Status Change Timestamp
2017-05-24
Purchase Contract Date
2017-03-03
Close Date
2017-05-24
Close Price
1100000

More Information

Closing Company Details

Closing Company Name
Alliance Title

Income and Expenses

Gross Scheduled Income
75000
Net Operating Income
58000
Operating Expense
17000
Gross Income
0

Historical Information

Public Historical Remarks 3
Possible Financing-Holding 1st: Y, Equipment/Appliances-Range: Y, Number of Buildings: 1 Building

Location, Tax, and Legal

Tax Account
2954165
Parcel Number
29-38-14-00-00253.0-0000.00
General County Location
South
Elementary School
Gemini
Middle School
Hoover
High School
Melbourne
Tax Annual Amount
11692
Tax Year
2016
Tax Legal Description
PART OF GOVT LOT 1 LYING EAST OF A1A AS DES IN ORB 1789 PG 66
Directions
A1A- Approx 7 miles south of Ocean Ave

Appliances

Dishwasher
Yes
Dryer
Yes
Electric Range
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Block
Yes
Concrete
Yes
Stucco
Yes

Flooring

Tile
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes
VA Loan
Yes

Parking Features

Other
Yes

Pool Features

None
Yes

Owner Pays

Cable TV
Yes
Grounds Care
Yes
Insurance
Yes
Security
Yes
Taxes
Yes
Trash Collection
Yes

Roof

Shingle
Yes

Sewer

Septic Tank
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Separate Electric Meters
Yes

Waterfront Features

Ocean Front
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Office
Yes

Showing Considerations

Occupied
Yes
Security System
Yes
Listing Office: One Sotheby's International
Last Updated: November - 22 - 2024
Information is deemed to be reliable, but is not guaranteed.