$612,000
$599,900
2.0%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
10 Baths
520 SqFt
SOLD DATE : 12/22/2023
Key Details
Sold Price $612,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 520 sqft
Price per Sqft $1,176
Subdivision Sunset Terrace
MLS Listing ID O6149658
Sold Date 12/22/23
Bedrooms 10
HOA Y/N No
Originating Board Stellar MLS
Year Built 1940
Annual Tax Amount $3,376
Lot Size 0.430 Acres
Acres 0.43
Property Description
WELCOME TO AN EXCEPTIONAL OPPORTUNITY IN MELBOURNE! This QUADPLEX features 4 1 bedroom 1 bath units each with new kitchen cabinets, quartz counter tops, new mini split systems, new vinyl flooring, freshly painted inside and out, new bathrooms, new electrical panels, and new water heaters. All units have their own electrical meters and separate address. Huge lot! Almost half an acre. Possibility of expansion for more units in the future. Newer roof. Located right across million dollar homes on the river, and minutes from the beach. Located at 1172 Jasmine St, in the heart of Eau Gallie, this is the investment you've been waiting for. This modern and comfortable quadruplex offers an unbeatable location, with the convenience of being just minutes from US 1 and steps from vibrant downtown Eau Gallie, where culture and entertainment are on every corner. For beach lovers, the most beautiful beaches are just a short drive away, providing an inviting coastal lifestyle. In addition, they will enjoy quick connectivity to I95, making it easy to commute to those favorite destinations.
This quadruplex is an excellent choice for both investors and those interested in Airbnbs or rental opportunities. Each unit has a rental potential of $1,450.00, making it an attractive and profitable investment. Don't miss the opportunity to acquire this unique property. Properties in this area are in high demand and selling quickly, contact us today for more information and to secure your investment in MELBOURNE!
Location
State FL
County Brevard
Community Sunset Terrace
Zoning R2
Interior
Interior Features Living Room/Dining Room Combo
Heating Central
Cooling Mini-Split Unit(s)
Flooring Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Cooktop, Microwave, Range, Refrigerator
Exterior
Exterior Feature Garden
Parking Features Driveway
Utilities Available Public
Roof Type Slate
Garage false
Private Pool No
Building
Entry Level One
Foundation Block
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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