Melbourne, FL 32937,1029 -1031 Park DR
Listed by NextHome Santana Real Est VB
Bought with NON MEMBER OFFICE

$3,025,000

$3,299,900

8.3%
Est.Price: ?

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Est. payment /mo

34 Baths

26,140 SqFt


SOLD DATE : 08/24/2018

Key Details

Sold Price $3,025,000

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Sold

Purchase Type For Sale

Square Footage 26,140 sqft

Price per Sqft $115

Subdivision Seminole Heights

MLS Listing ID RX-10449474

Sold Date 08/24/18

Construction Status Resale

Year Built 1964

Annual Tax Amount $25,692

Tax Year 2017

Lot Size 1.170 Acres

Property Description

RARE FIND!! 100% OCCUPANCY 32 Unit RENOVATED Concrete Block Apartment Complexes (1029-1031) with gated Fenced Inground Private Community POOL, Outside Shower, Onsite Laundry, Restroom, Barbecue/Patio Area & Manager Office. 1Block to the Atlantic Ocean with Public Beach Access. 1.17 Acre Parcel. 2Bed 1Bath Units (2 layout styles, 16 of Each type). NEWER Impact Windows, Doors, Electrical, Appliances, All Tile Flooring... Huge List. Sold AS-IS Right to Inspect. Walk to Starbucks, Dining, Lowes and More... IN DEMAND AREA. Very Low Available Rental Inventory.

Location

State FL

County Brevard

Area 6371 - Brevard County (E Of Ir)

Zoning R3

Interior

Heating Central, Electric

Cooling Central, Electric

Flooring Tile

Fireplaces Type Smoke Detector

Exterior

Community Features Corporate Owned, Foreign Seller, Presently Leased, Title Insurance

Utilities Available Electric, Public Sewer, Public Water

Waterfront Description None

Roof Type Comp Shingle

Present Use Corporate Owned,Foreign Seller,Presently Leased,Title Insurance

Building

Story 100.00

Foundation Concrete

Construction Status Resale

Others

Security Features Security Light

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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