Investment Property

For Sale - 1121 Sunny Point Dr, $1,150,000

This is the Historic Ballard House in Eau Gallie near the Arts District. The original large home was subdivided into an owner's unit and 6 rental units in the 1950's. The units have been variously used as private apartments for family and friends of the owner and have now been rented for over 10 years. The owner's unit has never been leased. All of the tenants have been very long term and have had few rent increases to keep up with the market. Shorter term rentals and leasing the owner's unit could add significantly to the income. All units except one have Indian River views.Please do not disturb the tenants. Property is also listed as a residential home, MLS # 834478

Zoning
MLS Number836687
Last Updated04/25/2019 01:40am

Listing provided by National Realty of Brevard. Copyright 2019 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved.

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Summary

1121 Sunny Point Dr
Melbourne
FL 32935

Property Usage:Multi-family - less than 10 units
Property Size:7,687 sq ft
Acreage:1.08
Year Built:1916
Property Class:B3
Number of Residential Units:6
1121 Sunny Point Dr is a 7,687 sq ft Multi-family - less than 10 units in Melbourne. It was built in 1916. It sits on 1.08 acres of land.

Buildings

BuildingYear BuiltSizeUsageFeatures
Building 1 1916 7,687.00 Multiple Living Units (5 To 9 Units) Brd/Lap Siding Exterior, Wood Frame, Bu-Tg/Mmbrn Roof, Asph/Asb Shngl Roof, Flat/Shed Roof, Hip/Gable Roof, Fireplace,

Sales History

DateSold BySold ToDeed TypePrice
04/14/2005 Seller: 181337 Buyer: 179913 Quit Claim 100.00
Owner
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