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3776 Dixie Highway NE

Palm Bay, FL 32905
  • $549,900
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: RX-11033111
UPDATED: 209 min ago
$549,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,591
    SQFT
  • $212
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:
Area:

School Ratings & Info

Description

Discover a lucrative investment with this fully-occupied triplex, strategically positioned directly across the street from the tranquil river. This property offers not only a steady income stream but also significant potential for growth and future development.Collectively generating $5,000 in monthly rental income, the property provides a dependable cash flow. Its proximity to the river enhances the appeal for outdoor enthusiasts interested in boating, fishing, or simply enjoying the scenic waterfront views. Located less than 10 minutes from the beach and vibrant nightlife, this property appeals to individuals looking to enjoy a dynamic coastal lifestyle. Whether you are an investor eager to expand your portfolio or a visionary with grand plans, this opportunity is ripe for the takin

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www.thecahurgroup.com/homes/157388516
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3776 Dixie Highway NE Palm Bay, FL 32905

  • Price: $549,900
  • Status: Active
  • On Site: 31 Days
  • Updated: 209 min ago
  • ID#: RX-11033111
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,591
SQFT
$212
$/SQFT
1956
Built
Neighborhood:
High Point Unrec
County:
Brevard
Area:
Palm Bay
Property Description
Discover a lucrative investment with this fully-occupied triplex, strategically positioned directly across the street from the tranquil river. This property offers not only a steady income stream but also significant potential for growth and future development.Collectively generating $5,000 in monthly rental income, the property provides a dependable cash flow. Its proximity to the river enhances the appeal for outdoor enthusiasts interested in boating, fishing, or simply enjoying the scenic waterfront views. Located less than 10 minutes from the beach and vibrant nightlife, this property appeals to individuals looking to enjoy a dynamic coastal lifestyle. Whether you are an investor eager to expand your portfolio or a visionary with grand plans, this opportunity is ripe for the takin
Exterior Features

Carport Spaces 0.00 Construction BlockCBS Exterior Features Deck Lot Description 1/2 to < 1 AcrePublic Road Lot Dimensions 90 x 270 Private Pool Description Inground Private Pool YN Yes Roof Comp Shingle Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Space Parking View OtherRiver Waterfront Description IntracoastalRiver Waterfront YN Yes

Interior Features

Cooling Central Flooring Terrazzo FloorVinyl Floor Heating Central Unit1 Bedrooms 3 Unit1 Desc A/C UnitElectric MeterMicrowaveRange - ElectricRefrigeratorW/D Hookup Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 1400 Unit2 Bedrooms 1 Unit2 Desc A/C UnitElectric MeterMicrowaveRange - ElectricRefrigeratorW/D Hookup Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 645 Unit3 Bedrooms 1 Unit3 Desc A/C UnitElectric MeterKitchenMicrowaveRange - ElectricRefrigeratorW/D Hookup Unit3 Full Baths 1 Unit3 Sq Ft 645

Property Features

Annual Net Operating Income 47015.00 Annual Total Expenses 12985.00 Auction No Available Info Leases Built Desc Resale Gated Community No Gross Operating Income 60000.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Maintenance Fee Includes Other Multifamily Type Triplex Possession At ClosingFunding REO No Restrictions None Separate Electric Meters Yes Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses OtherOwner Special Assessment No Special Info Sold As-Is Sq Ft Total 2591.00 Subdivision Amenities None Tax Amount 5140.57 Tax Year 2024 Taxes City/CountyNo Homestead Tenant Pays CableElectric Terms Considered CashConventionalCryptocurrencyOther Unit1 Lease Ends 2024-12-31 Unit1 Monthly Income 2400.00 Unit2 Lease Ends 2025-01-31 Unit2 Monthly Income 1300.00 Unit3 Lease Ends 2025-01-31 Unit3 Monthly Income 1300.00 Utilities CableElectricPublic SewerPublic Water Zoning HC

Listing provided courtesy of Billero & Billero Properties: . Listing information © 2024 BeachesMLS
 
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