$1,100,000
$1,175,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Baths
3,080 SqFt
SOLD DATE : 10/28/2026
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,080 sqft
Price per Sqft $357
Subdivision Seminole Heights
MLS Listing ID 1070436
Sold Date 10/28/26
Total Fin. Sqft 3080
Year Built 1964
Annual Tax Amount $2,944
Tax Year 2025
Lot Size 9,347 Sqft
Acres 0.21
Property Sub-Type Multi Family
Source Space Coast MLS (Space Coast Association of REALTORS®)
Land Area 3080
Property Description
Fantastic opportunity to acquire a turnkey, income-producing coastal asset just steps from the Atlantic Ocean. Completely renovated in 2022, this boutique-style retreat blends lifestyle appeal with strong investment fundamentals. The property features four spacious two-bedroom, one-bath units, each with a full kitchen, dining area, living room, private bath, and charming coffee nook--designed to maximize comfort and repeat bookings. Modern upgrades and curated finishes create a high-demand short-term rental experience. Guest-focused amenities drive premium occupancy, including keyless entry, balcony lounge, BBQ patio, game area, hammock niche, private laundry, outdoor shower, and beach accessories. Native landscaping and luxury artificial turf minimize maintenance and expenses. Proven positive cash flow, attractive cap rate, and strong rental history make this ideal for portfolio growth or a 1031 exchange. Showings between bookings; financials readily available for qualified buyers
Location
State FL
County Brevard
Area 382-Satellite Bch/Indian Harbour Bch
Direction From Hwy A1a go West on Pinetree Drive then go North on School Road. Make a Right on Park Drive. The building is on the left.
Interior
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Tile, Vinyl
Exterior
Exterior Feature ExteriorFeatures
Parking Features Assigned
Fence Wood, Other
Roof Type Shingle
Present Use Multi-Family,Other
Road Frontage City Street
Garage No
Building
Lot Description Sprinklers In Front, Sprinklers In Rear
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 27-37-12-26-00000.0-0030.02
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Compass Florida LLC
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