Address
2511-2523 Tree Ridge Lane NE, Palm Bay, FL
Price
$ 685,000
Property Attributes
  • MLS#1012432
  • TypeMulti-Family
  • CountyBREVARD
  • CityPalm Bay
  • AreaNE Palm Bay
  • NeighborhoodPinehurst
  • Zip32905
  • StyleQuadruplex
  • Year Built1988
  • Taxes$ 7217
  • Price$ 685,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage4256
  • Lot Size0.49 Acres
Data Source:
Space Coast AOR
Property Description

Remodeled in 2018 QuadPlex 2 story building. New roof installed in January of 2023. Painted in 2022. New electrical, drywall, and plumbing during remodel. Modern Kitchens with Granite, backsplash and Stainless Steel Appliances, bathrooms with granite, vinyl flooring, wine refrigerators. Open concept which makes the space feel much larger. There are sliding glass doors at the living room and master bedroom. The A/C and Water Heater replaced new in 2018! Great location, close to FIT, hurricane panels for the windows and doors that are located in the laundry rooms. Open space parking, very convenient location. Showing only provided to pre-approved buyers. Please do not disturb tenants.

Elementary School Middle School High School
Palm Bay Elem Central Middle School Palm Bay High School
Price History
4/30/2024 Listed $685,000

General Features

Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Cable Available,Cable Connected,Electricity Available,Electricity Connected,Sewer Available,Sewer Connected,Water Available,Separate Electric Meters,Separate Water Meters
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher,Disposal,Electric Oven,Electric Range,ENERGY STAR Qualified Water Heater,Ice Maker,Microwave,Plumbed For Ice Maker,Refrigerator,Wine Cooler
Exterior Features Balcony,Storm Shutters
Construction Materials Frame,Stucco
Year Built 1988
Tenant Pays Cable TV,Electricity,Sewer,Telephone,Water
Stories 2
Levels Two
Property SubType Quadruplex
Tax Year 2022
Current Use Multi-Family
Gross Income 68400.0
OwnerPays Common Area Maintenance,Exterior Maintenance,Grounds Care,Insurance,Repairs,Roof Maintenance,Taxes,Trash Collection
Additional Parcels Description 2836691
County Brevard
Net Operating Income 52500.0
Operating Expense 15900.0
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Attached Garage No
Energy Efficient HVAC,Water Heater
Subdivision Name Pinehurst
Facing Direction West
Garage Y/N No
Status Active
Directions From Palm Bay Rd turn south then right onto Dawn Ave or if from Malabar Rd turn north not Babcock then left onto Dawn Ave. Proceed SW on Dawn Ave. to Forest Knoll Dr. NE then left onto Tree ridge LN
High School Palm Bay
City Palm Bay
View Y/N No
Senior Community Y/N No
Zoning Description Multi Family
Total Units 4
MLS Area 340 - NE Palm Bay
Lot Size Square Feet 21344.4
Waterfront Y/N No
Carport Y/N No
Street Name Tree Ridge
Elementary School Palm Bay Elem
Tax Annual Amount 7217.0
Home Warranty Y/N No
Middle/Junior High School Central
Lease Renewal Y/N No
MLS Area Minor 340 - NE Palm Bay
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/spc/1012432
Standard Status Active
MobileHomeRemainsYN No
Legal Description PINEHURST LOT 8 BLK B

Interior Features

Flooring Vinyl
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Full Baths 8
Street Suffix Lane
Laundry Features In Unit
Total Bedrooms 8
Electric On Property Y/N No
LivingAreaSource Public Records
Total Baths 8

Exterior Features

Fencing Full,Privacy,Vinyl,Wood
Parking Features Assigned,Guest
Lot Features Corner Lot,Few Trees
Water Source Public
Total Parking 8.0
Lot Size Area 0.49
Number of Buildings 1
Spa No
Building Area Total 4256.0
Lot Dimensions 143x136
Lot Size Acres 0.49
Road Surface Type Asphalt
Lot Size Units Acres
Road Frontage Type City Street
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 32905

Price
AVG $520K
$690K
Taxes
AVG $5,006
$7,217
Visits
AVG 62
63
Data Provided by Inside Real Estate®
Year Built
AVG 1971
1988