$515,000
$525,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2,784 SqFt
SOLD DATE : 03/01/2024
Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,784 sqft
Price per Sqft $184
Subdivision Island Beach Sheet 2
MLS Listing ID 1003635
Sold Date 03/01/24
Bedrooms 5
HOA Y/N No
Total Fin. Sqft 2784
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1961
Annual Tax Amount $4,540
Tax Year 2023
Lot Size 0.260 Acres
Acres 0.26
Property Description
Nestled in a serene Merritt Island neighborhood, this charming triplex offers an exceptional investment opportunity. Comprising three ready-to-rent units, it includes a 2 bed, 1.5 bath with an elegantly updated kitchen, a vacant 2 bed, 1 bath, and a cozy 1 bed, 1 bath unit, each promising comfort and convenience. The property has been significantly upgraded with a new septic system, fencing, water heater, and central AC, ensuring modern living standards. Additionally, it boasts a renovated patio, perfect for outdoor leisure, a functional pole barn in the spacious backyard, and separate storage facilities for added convenience. The electrical and plumbing systems are robust and well-maintained, as evidenced by a recent inspection report. This triplex is an ideal canvas for investors or homeowners looking to establish a lucrative rental venture or create a personalized living space in a tranquil setting. Wind Mitigation and 4 Point Report from 2021 available.
Location
State FL
County Brevard
Area 253 - S Merritt Island
Direction .
Interior
Heating Central, Electric
Cooling Central Air, Multi Units
Flooring Tile, Wood
Appliance Convection Oven, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Refrigerator
Exterior
Exterior Feature ExteriorFeatures
Fence Fenced, Privacy, Wood
Utilities Available Cable Available, Electricity Available, Separate Electric Meters
Roof Type Membrane
Present Use Multi-Family
Street Surface Asphalt
Garage No
Building
Faces North
Story 2
Sewer Septic Tank
Water Public
New Construction No
Schools
Elementary Schools Tropical
High Schools Merritt Island
Others
Senior Community No
Tax ID 25-36-02-75-00039.0-0018.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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