Discover a lucrative investment with this fully-occupied triplex, strategically positioned directly across the street from the tranquil river. This property offers not only a steady income stream but also significant potential for growth and future development.Collectively generating $5,000 in monthly rental income, the property provides a dependable cash flow. Its proximity to the river enhances the appeal for outdoor enthusiasts interested in boating, fishing, or simply enjoying the scenic waterfront views. Located less than 10 minutes from the beach and vibrant nightlife, this property appeals to individuals looking to enjoy a dynamic coastal lifestyle. Whether you are an investor eager to expand your portfolio or a visionary with grand plans, this opportunity is ripe for the takin
THIS WONDERFUL PROPERTY IS A DUPLEX THAT CONTAINS TWO UNITS THE FIRST HAS 3 BEDROOMS AND 2 FULL BATHROOMS 985 SF AND THE SECOND HAS 2 BEDROOMS AND 1 BATHROOM 927 SF PLUS 0.16 ACRE OF LAND IN FRONT OF THE PROPERTY ELECTRICITY AND WATER SERVICE ARE INDEPENDENT, WITH AMPLE PARKING SPACE , THIS PROPERTY IS LOCATED IN A NICE AREA AND MOST IMPORTANTLY THE AREA IS UNDER DEVELOPMENT WHIT NEW CONSTRUCTION PROJECTS THE OWNER WANTS TO MAKE A SINGLE SALE OF THE 2 UNITS AND THE LAND DOES NOT PAY TAXES THEY ARE INCLUDED IN THE PAYMENT OF UNITS ,THE ROOF WAS REPLACED IN 2019 ,THE AIR CONDITIONING UNITS ARE NEW THE FIRST 3/2 UNIT WAS COMPLETELY RENOVATED ,THE SECOND 2/1 UNIT WAS PARTIALLY RENOVATED.
The median home value in Palm Bay, FL is $301,500. This is lower than the county median home value of $357,500. The national median home value is $338,100. The average price of homes sold in Palm Bay, FL is $301,500. Approximately 70.99% of Palm Bay homes are owned, compared to 19.7% rented, while 9.32% are vacant. Palm Bay real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palm Bay real estate agent to arrange a tour today!
Palm Bay, Florida 32905 has a population of 118,709. Palm Bay 32905 is more family-centric than the surrounding county with 27.91% of the households containing married families with children. The county average for households married with children is 24.34%.
The median household income in Palm Bay, Florida 32905 is $55,963. The median household income for the surrounding county is $63,632 compared to the national median of $69,021. The median age of people living in Palm Bay 32905 is 40.9 years.
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 49.3 degrees. The average rainfall is approximately 54 inches per year, with 0 inches of snow per year.