1328 S Patrick Drive

Satellite Beach, FL 32937

Price: $999,000

5,824

Square Foot

5,936

Total Sq. Ft.

N/A

Bedrooms

0.00

Full Baths

N/A

½ Baths

No

Pool

No

Waterfront

1962

Year Built

MLS # 757144


Type: Income

List Date: 06-15-2016

Homestead: N/A

Zoning: RM2


Property Description:

12 rental units located in an ideal part of Satellite Beach. The property is situated on .44 acres. Each unit is a 1 bedroom 1 bath with large closets. There is a huge demand for rentals like these in the area!!! Many of the tenants have been there a long, long time and the rents are WELL BELOW MARKET RATES. An 8% return is easily achievable. All railings have been replaced, the building has been painted, and a new permitted ROOF was installed in 2015. This is a most excellent property.

Exterior Features

N/A

Interior Features:

N/A

Equipment / Appliances:

Other - Call Agent

Utilities:

Cable Available, City Water, Electricity Connected, Sep Elect Meter(s), Sewer Connected, Telephone

Property Details


Street Name:

County:

Brevard

Listing Status:

Closed

Home Style:

Two Story

Floor:

Carpet, Terrazzo

Tax Year:

2015

Pool:

No

Private Pool:

No

Community Pool:

No

Waterfront:

No

Split Floorplan:

No

Exterior Finish:

Painted

Zip Code:

Subdivision:

SATELLITE BEACH ISLES

Property Status:

Standard

Construction:

Concrete Block

Roof Type:

Membrane

Tax Amount:

$4,107

Parking:

Open Parking

HOA:

None

HOA Dues:

$0.00

Broker Reciprocity
1328 S Patrick Drive Satellite Beach, FL 32937

This listing is courtesy of RE/MAX Aerospace Realty.

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