1121 Sunny Point, Melbourne, FL 32935

$1,250,000
7,687
SqFt
List Price
$1,250,000
MLS#
836687
Status
ACTIVE
Type
Multifamily
County
Brevard
City
Melbourne
Area
Eau Gallie
Living Area
7,687
Lot Size
7,687
Acres
1.08
Year Built
1916

Property Description

This is the Historic Ballard House in Eau Gallie near the Arts District. The original large home was subdivided into an owner's unit and 6 rental units in the 1950's. The units have been variously used as private apartments for family and friends of the owner and have now been rented for over 10 years. The owner's unit has never been leased. All of the tenants have been very long term and have had few rent increases to keep up with the market. Shorter term rentals and leasing the owner's unit could add significantly to the income. All units except one have Indian River views.Please do not disturb the tenants. Property is also listed as a residential home, MLS # 834478

Additional Information

Style
Converted Property
Hoa
None
Tax Year
2018
Tax Amount
$14,076
Location Description
City, Cul-de-Sac, East of US1, Historic Area, Irregular, Paved Street, Wooded
Equipment And Appliances
Dishwasher, Dryer, Garage Door Opener, Laundry-Hookup, Microwave, Range - Electric, Refrigerator, Washer
Utilities
City Water, City Water Available, Common Electric, Common Heat & Air, Common Sewer, Common Water, Electric, Propane, Sewer
Exterior Finish
Siding - Wood
Construction
Frame - Wood
Roof
Shingle - Asphalt
Floor
Carpet, Tile, Vinyl, Wood
Water Frontage
Indian River
Elementary School
Creel
Middle School
Johnson
High School
Eau Gallie

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of National Realty of Brevard.