Investment Property

For Sale - 1121 Sunny Point Dr, $1,250,000

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 Updated02/20/2019 01:42am

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.

8 bedroom 9.00 bath 7,687 Sq Ft

For Sale - 1121 Sunny Point Dr, $1,250,000

Ballard House-Built by and residence for one of Eau Gallie's first families. Over 220 feet of Indian River frontage on an approximate 1 acre lot with huge oak trees. Located on a quiet dead end street that is extremely private. Magnificent sunrises and views of the Eau Gallie Causeway.In the1950's the large house was converted into an approximate 2,500 square foot owner's home, with 6 rental units. The owner's unit has 3 bedrooms, 3 baths , large living rooms, and kitchen. Five of the units are 1 bedroom, 1 bath and one is an efficiency. Ideal for rental income or conversion back into a single family home. The original grandeur of the home and grounds are still evident in the original wood floors, high ceilings, French doors, moldings and fireplaces. Seller is a real estate license

Bedrooms8
Full Bathrooms9.00
Half Bathrooms0
Finance OptionsCash,Conventional
MLS Number834478
Last Updated02/20/2019 01:30am

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.

Contact Sue for additional details
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  • Phone: (321) 698 5198
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Please quote reference number: 306749 when you call or email

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
Disclaimers and Disclosures

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