Active

$650,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1536 sq ft
Overview
  • ID: MFRD6141045
  • Bedrooms: 4
  • 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 1-A, a 2-bedroom, 1-bath, light-filled END UNIT with picturesque views of Lemon Bay. Unit 1-B is on the first floor, just below, and offers two bedrooms and one bath. Both units provide extensively updated interiors, including kitchens and baths, new coastal furnishings and decor, updated flooring, 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. Units 3-A/3-B (MLS#D6141044) and 4-A/ 4-B (MLS#D6141049) are also available and can be purchased as a package, creating the opportunity to own six units within the 10-unit 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:
$650,000
HOA Fee:
N/A
Tax Amount:
$5464
Price per SqFt:
$423.18
Tax Legal Description:
PBC 000 0000 0001 PALM BAY UN 1 701/923 741/815 CT1161/1257 1176/636 1496/411 4795/1572
Exterior Features
Lot Size:
886
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air, Ductless
Appliances:
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Furnished:
No
Floor:
Ceramic Tile, Concrete, 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:
Private Mailbox, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    5041 N BEACH RD #1A and 1B
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