Price Reduction
1812 Guava Avenue Melbourne, FL
$ 159,900
Property Attributes
  • MLS#796850
  • TypeMulti-Family
  • CountyBREVARD
  • CityMelbourne
  • AreaEau Gallie
  • Zip32935
  • StyleOne Story
  • Year Built1958
  • Taxes2212
  • Price$ 159,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1696
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Dale Sorensen Real Estate, Inc
Property Description

Income Producing Duplex being offered at an 9% Capitalization Rate. One unit rents for unit rents for $850 per month and the other at $700 providing annual gross rents of $18,600 with a Net Operating Income of $15,200. These units are within the historical downtown Eau Gallie Arts district. The area is experiencing a revitalization bringing with it restaurants, art galleries, and community events all within walking distance. Just blocks from the river and a few miles from the beach, these units are desirable enough to keep occupants for the long-term. Take a visit and make this part of your portfolio today. Better yet, rent one side and live in the other side for free!

Elementary School Middle School High School
Creel Elementary School Johnson Middle School Eau Gallie High School
Price History
10/28/2017 Listed $168,750
1/10/2018 6% - $159,900

General Features

# of Units 2
Area 323 - Eau Gallie
Construction Concrete Block
Fixer Upper No
HOA None
Listing Status Active
Property Status Standard
Style One Story
Utilities Cable Available, Sewer
Year Built 1958

Interior Features

Bonus No
Cooling Central
Equipment/appliances Range - Electric, Refrigerator
Flooring Ceramic Tile, Terrazzo
Split Bedroom No
SqFt - Living 1696.00

Exterior Features

Acreage 0.20
Car Port 0.00
Community Pool No
Exterior Finish Painted
Garage 0.00
Lot Description City
Lot Sqft 8712.00
Open Parking Spaces 2.00
Parking < 1 Space Per Unit, 2+ Spaces
Parking Spaces 2.00
Pool No
Private Pool No
Roof Shingle - Asphalt
Waterfront No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32935

AVG $320K
AVG $3,490
AVG 17
Year Built
AVG 1956
AVG 39

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