Active

$625,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 1536 sq ft
Overview
  • ID: MFRD6140977
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 1536 sq ft
Property Details
Remarks
FABULOUS WATERFRONT VIEWS DIRECTLY ON LEMON BAY AND DEEDED BEACH ACCESS!! If you are a buyer searching for the ideal remedy for the winter blues or an investor seeking an income-producing property, look no further. TWO income-producing units with a strong rental history and direct access to Lemon Bay and its breathtaking sunrises are now available for the price of ONE. Upstairs, you will find Unit 3-A, a 2-bedroom, 1-bath light-filled unit with picturesque views of Lemon Bay. Unit 3-B is below and offers one bedroom (with a King bed) and one bath. Both units provide extensively updated interiors, including kitchens and baths, new coastal furnishings and decor, updated flooring, impact windows and sliders, and washers/dryers. Both units are sold turnkey furnished and are rent-ready immediately. Palm Bay is a charming 10-unit complex located within one mile, as the seagull flies, of Englewood Beach, with deeded beach access within a short walk across the street. All units showcase spectacular sunrise views over Lemon Bay, and a short walk to the beach allows one to enjoy panoramic sunset views. Shopping, restaurants, and boat rentals are readily available nearby. Please note: In addition to Units 3-A/3-B, Units 1/A-1/B (MLS#D6141045), 2/A-2/B (MLS#D6142352), and 4-A/ 4-B (MLS#D6140982) are also available and can be purchased as a package, creating the opportunity to attain majority ownership with 8 of 10 units in the complex. Call today to schedule a private showing, and be prepared to be captivated-- your truly sensational, laid-back 'Old Florida' waterfront lifestyle and your investment opportunity await.
Financial Considerations
Price:
$625,000
HOA Fee:
N/A
Tax Amount:
$5122
Price per SqFt:
$406.9
Tax Legal Description:
PALM BAY UN 3 701/929 786/987 1156/1128 DC4504/315-RJB 4588/769
Exterior Features
Lot Size:
884
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Assigned, Common
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Electric
Cooling:
Central Air, Ductless
Appliances:
Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1981
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Fence, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    5041 N BEACH RD. #3-A/B
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