125 Sandy Shoes Dr, Melbourne Beach, FL 32951 Available

  • $403,000
  • 4 beds
  • 5 baths
  • 2,650 sqft

125 Sandy Shoes Dr, Melbourne Beach, FL 32951

Wholesale Price: $403K + cc
ARV: $470k (in our opinion)

Beds: 4 Baths: 5
Sqft: 2,650 living square feet
Year Built: 1990

Rent
$1400 month to month
Tenant side A
Unit B vacant

Repairs
Minor-mostly cleaning.
Carpet in unit B will be replaced.

Market Rents:
Should be total $1800 each unit

Great rental opportunity in Melbourne Beach Both. 600 sft from the Beach. Each unit features 2/2.5/1 with a balcony. Potential rents $1800 mth each unit. Can also be used as short term rentals. Minor cosmetics needed to get Unit B rent ready. Gross Cap of almost 11%. The income potential are endless if used short term.

Please do not disturb tenants. Contact me to schedule a showing.

Comps:
130/132 Richard Drive Melbourne Beach 2/1 1700 sft living space $420k (500 sft small each unit then subject property).

Picture

Available on 08.18.2020

Don’t let this excellent opportunity pass you by! Get it yours now!

Make An Offer On This Property

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Price:
$403,000
Address:
125 Sandy Shoes Dr,
Melbourne Beach, Florida 32951
Square Feet:
2,650
Bedrooms:
4
Bathrooms:
5
Terms:
Assignment of Contract
Property Type:
Multi-family
Year Built:
1990

Additional Features

125 Sandy Shoes Dr, Melbourne Beach, FL 32951. Melbourne Beach TownhomeVery cute townhome located in desirable Melbourne Beach, huge balcony off very large master bedroom, lots of closet space, inside laundry room with washer and dryer, and private beach access. Total square footage reflects both sides of duplex.

Call (954) 280-5883 for more details

Property Location