Active

$625,000

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1536 sq ft
Overview
  • ID: MFRD6141044
  • Bedrooms: 3
  • Bathrooms: 2
  • 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 Unit 3-A/3-B, Units 1-A/1-B (MLS#D6141045), 2-A/2-B (MLS#D61422352), and 4-A/ 4-B (MLS#D6141049) are also available and can be purchased as a package, creating the opportunity to attain 4/5 ownership (8 of 10 condos) 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:
$5123
Price per SqFt:
$406.9
Tax Legal Description:
PBC 000 0000 0003 PALM BAY UN 3 701/929 786/987 1156/1128
Exterior Features
Lot Size:
884
Lot Features:
FloodZone, In County, Paved, Unpaved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Assigned, Common, Guest, None
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air, Ductless
Appliances:
Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Ceramic Tile, Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
1981
Construction Type:
Block, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    5041 N BEACH RD #3A and 3B
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