$450,000 Price Analysis    ♡   Melbourne, FL 32935 4 bed 2 bath 1,250 SqFt ($360/SqFt) Built 1958 Listed 2024-04-25, Taxes $2,869 | Ⓧ USDA Ineligible due to location near Melbourne |
Investor Alert!
This duplex is a veritable investor's paradise. Nestled in the heart of the charming and historic Eau Gallie area, a stone's throw from the Indian River, this gem offers not one, but two 2-bedroom, 1-bath units. Both units are currently rented on a mo nth-to-month basis, presenting a steady income stream. Close to major space coast companies like NASA, Blue Origin, SpaceX and other aerospace companies is a big plus to this investment opportunity. The Eau Gallie neighborhood is renwned for its eclectic mix of art galleries, restaurants and shops. This property is the epitome of location, location, location!
And here's the kicker - the owner is offering financing options, elevating the investment appeal to unprecedented heights!
Presented by Jeanette Romano at
CGI Realty.
Property MLS #RX-10981354 from BeachesMLSFlex
Full Bathrooms: 2
Heating Features: No Heat
Screened Patio
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 0
Tenant Pays: Electric, Sewer, Water
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit-1 Description: A/C Unit, Kitchen, Range - Electric, Refrigerator
Unit-1 Furnished Description: No
Unit-2 Furnished Description: No
Unit-1 Square Feet: 1250
Unit-2 Square Feet: 1250
Source Listing Status: Active
County: Brevard
Tax Year: 2023
Source Property Type: Residential Income
Area: 5940
Source Neighborhood: EAU GALLIE VILLAGE PLAT OF
Subdivision: EAU GALLIE VILLAGE PLAT OF
Zoning: Mix USE
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $139,300 | $2,869 |
| 2021 | $unknown + $unknown $126,640 | $2,446 |
| 2020 | $unknown + $unknown $115,130 | $2,282 |
| 2019 | $unknown + $unknown $104,670 | $2,131 |
| 2018 | $105,000 + $unknown $105,000 | $2,048 |
| 2017 | $99,000 + $unknown $99,000 | $1,949 |
| 2016 | $90,000 + $unknown $90,000 | $1,878 |
| 2015 | $unknown + $unknown $71,500 | $1,740 |
| 2014 | $unknown + $unknown $65,000 | $1,545 |
| 2013 | $unknown + $unknown $55,000 | $1,348 |
| 2012 | $unknown + $unknown $53,000 | $1,165 |
| 2011 | $unknown + $unknown $56,000 | $1,233 |
| 2010 | $unknown + $unknown $70,000 | $1,397 |
| 2009 | $unknown + $unknown $83,000 | $1,534 |
| 2008 | $unknown + $unknown $93,000 | $1,670 |
| 2007 | $unknown + $unknown $95,000 | $1,690 |
$0
SpaceCoast
Listed 2024-04-25
$450,000
BeachesMLSFlex
Listing removed 2024-04-02
$0
BeachesMLSFlex
Relisted 2024-04-01
$450,000
SpaceCoast
Listing removed 2024-03-31
$0
SpaceCoast
Price Changed 2024-02-23
$450,000
SpaceCoast
Price Changed 2024-02-23
$450,000
BeachesMLSFlex
Listed 2023-12-10
$495,000
BeachesMLSFlex
Listed 2023-12-08
$495,000
SpaceCoast
Listing removed 2013-05-01
$129,900
SpaceCoast
Price Changed 2013-03-07
$129,900
SpaceCoast
Price Changed 2013-02-14
$109,500
SpaceCoast
Listed 2012-10-22
$129,000
SpaceCoast
Sold 1973-11-01
$24,000
Public Record
Operating Expense: 12731.00
Year Built: 1958
Construction Materials: Concrete
Living Area Source: Tax Rolls
Property Age: 66
Property Condition: Resale
Roof: Comp Shingle
Levels or Stories: 1.0
Total Area Sqft: 1312
Year Built Details: Resale
Cable
Electric
Public Sewer
Public Water
Water Source: Public Water
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.