903 Pine, Melbourne Beach, FL 32951
$145,000
Property Type:
Residential Income
Square Footage:
1,966
Lot Size (sq. ft.):
6,534
Status:
Closed
Current Price:
$145,000
List Date:
4/05/2012
Last Modified:
6/03/2026
Overview
Description
Key Westy Income Property in Historic Downtown Melbourne Bch, block to River Park, ( Playground, Tennis, Picnic Area)Fishing Pier, and Walking Distance to Ocean Park and Beach. Also close to Shopping, Restaurants, P.O., and More. 4 Rental Units (all with 1 bedroom and 1 bath). Easy to Rent. Rents are $550, $550, $600, and $700 (includes water).3 are rented mo/to/mo. Owner occupies one. Termite Bond in Place. Annual Net Income reflects fixed expenses(not debt svc, repairs/maint.,depr. taxes).
Listing Details MLS# 637814
General Property Information
- Number Of Units Total
- 4
- Living Area
- 1966
- Living Area Source
- Public Records
- Building Area Total
- 1966
- Garage YN
- No
- Carport YN
- No
- Parking Total
- 4
- Lot Size Acres
- 0.15
- Lot Size Square Feet
- 6534
- Lot Size Dimensions
- 105 x 82.55
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Pool Private YN
- No
- List Price/SqFt
- 91.51
- Sold Price/SqFt
- 73.75
- Garage Spaces
- 0
- Carport Spaces
- 0
Property Features
Appliances:
Electric Range; Refrigerator
Construction Materials:
Other
Cooling:
Central Air
Financial Data Source:
Owner
Flooring:
Carpet; Laminate; Vinyl
Listing Terms:
Cash; Conventional
Lot Features:
Wooded
Owner Pays:
Insurance; Sewer; Water
Pool Features:
None
Possession:
Close Of Escrow
Roof:
Shingle
Special Listing Conditions:
Standard
Utilities:
Electricity Connected; Sewer Connected; Water Available
Water Source:
Public
Showing Considerations:
Occupied
Showing Requirements:
Appointment Only; Call Listing Office
Contract Information
- Original List Price
- 179900
- Listing Contract Date
- 2012-04-04
- Property Sub Type
- Quadruplex
Location Tax and Legal
- Street Number
- 903
- Street Name
- Pine
- County
- Brevard
- State
- FL
- Postal Code
- 32951
- MLS Area Major
- 384-Indialantic/Melbourne Beach
- Subdivision Name
- Graves Plat of Melbourne Beach
Remarks and Miscellaneous
- Public Remarks
- Key Westy Income Property in Historic Downtown Melbourne Bch, block to River Park, ( Playground, Tennis, Picnic Area)Fishing Pier, and Walking Distance to Ocean Park and Beach. Also close to Shopping, Restaurants, P.O., and More. 4 Rental Units (all with 1 bedroom and 1 bath). Easy to Rent. Rents are $550, $550, $600, and $700 (includes water).3 are rented mo/to/mo. Owner occupies one. Termite Bond in Place. Annual Net Income reflects fixed expenses(not debt svc, repairs/maint.,depr. taxes).
Status Change Information
- Major Change Timestamp
- 2012-04-05T18:07:35Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2012-05-11
- Purchase Contract Date
- 2012-04-09
- Close Date
- 2012-05-11
- Close Price
- 145000
More Information
Income and Expenses
- Gross Scheduled Income
- 28800
- Net Operating Income
- 12472
- Operating Expense
- 16328
Legal Details
- Plat Book #
- Yes
- Plat Book Page
- 38
Historical Information
- Public Historical Remarks 3
- Style-Other - Call Agent: Y
Location, Tax, and Legal
- Tax Account
- 2847390
- Parcel Number
- 283807FW0000I0001201
- General County Location
- South
- Elementary School
- Gemini
- High School
- Melbourne
- Tax Annual Amount
- 3752.05
- Tax Year
- 2011
- Tax Legal Description
- S 50 FT OF LOTS 12,13 & N 15 FT
- Directions
- A1A, west on Ocean Ave, north on Pine St., first house on right.
Appliances
- Electric Range
- Yes
- Refrigerator
- Yes
Construction Materials
- Other
- Yes
Cooling
- Central Air
- Yes
Flooring
- Carpet
- Yes
- Laminate
- Yes
- Vinyl
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Wooded
- Yes
Pool Features
- None
- Yes
Possession
- Close Of Escrow
- Yes
Financial Data Source
- Owner
- Yes
Owner Pays
- Insurance
- Yes
- Sewer
- Yes
- Water
- Yes
Roof
- Shingle
- Yes
Special Listing Conditions
- Standard
- Yes
Utilities
- 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
Listing Office:
One Sotheby's International
Last Updated: June - 03 - 2026
Information is deemed to be reliable, but is not guaranteed.