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2511-2523 Tree Ridge Lane NE Palm Bay, FL $ 685,000
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2511-2523 Tree Ridge Lane NE
$ 685,000
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2511-2523 Tree Ridge Lane NE

Palm Bay, FL, 32905
$ 685,000
Bedrooms8 Baths8.0 Sq 4,256

Monthly Estimate*

$ 4,553

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Multi-Family Home for sale in Palm Bay, FL

for $685,000 with 8 bedrooms and 8 full baths. This 4,256 square foot home was built in 1988 on a lot size of 0.49.

Remodeled in 2018 QuadPlex 2 story building. New roof installed in January of 2023. Painted in 2022. New electrical, drywall, and plumbing during remodel. Modern Kitchens with Granite, backsplash and Stainless Steel Appliances, bathrooms with granite, vinyl flooring, wine refrigerators. Open concept which makes the space feel much larger. There are sliding glass doors at the living room and master bedroom. The A/C and Water Heater replaced new in 2018! Great location, close to FIT, hurricane panels for the windows and doors that are located in the laundry rooms. Open space parking, very convenient location. Showing only provided to pre-approved buyers. Please do not disturb tenants.

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Multi-Family Pending

Price

$ 685,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 7,217

Style

Quadruplex

Lot Size

0.49

Year Built

1988

Town/City

Palm Bay

County/Region

Brevard

MLS | Web ID

1012432
Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Cable Available Cable Connected Electricity Available Electricity Connected Sewer Available Sewer Connected Water Available Separate Electric Meters Separate Water Meters
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Disposal Electric Oven Electric Range ENERGY STAR Qualified Water Heater Ice Maker Microwave Plumbed For Ice Maker Refrigerator Wine Cooler
Exterior Features Balcony Storm Shutters
Construction Materials Frame Stucco
Year Built 1988
Tenant Pays Cable TV Electricity Sewer Telephone Water
Stories 2
Levels Two
Property SubType Quadruplex
Tax Year 2022
Current Use Multi-Family
Gross Income 68400.0
Additional Parcels Description 2836691
County Brevard
Net Operating Income 52500.0
Operating Expense 15900.0
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Energy Efficient HVAC Water Heater
Subdivision Name Pinehurst
Facing Direction West
Garage Y/N N
Status Pending
Directions From Palm Bay Rd turn south then right onto Dawn Ave or if from Malabar Rd turn north not Babcock then left onto Dawn Ave. Proceed SW on Dawn Ave. to Forest Knoll Dr. NE then left onto Tree ridge LN
High School Palm Bay
City Palm Bay
View Y/N N
Senior Community Y/N N
Zoning Description Multi Family
NumberOfUnitsTotal 4
MLS Area 340 - NE Palm Bay
Lot Size Units Acres
Lot Size Square Feet 21344.4
Waterfront Y/N N
Carport Y/N N
Street Name Tree Ridge
Elementary School Palm Bay Elem
Tax Annual Amount 7217.0
Home Warranty Y/N N
Middle/Junior High School Central
Lease Renewal Y/N N
MLS Area Minor 340 - NE Palm Bay
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1012432
Standard Status Pending
Legal Description PINEHURST LOT 8 BLK B
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Interior
Flooring Vinyl
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 8
Half Baths 0
Street Suffix Lane
Laundry Features In Unit
Total Bedrooms 8
Electric On Property Y/N N
Total Baths 8
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Exterior
Fencing Full Privacy Vinyl Wood
Parking Features Assigned Guest
Lot Features Corner Lot Few Trees
Water Source Public
Total Parking 8.0
Lot Size Area 0.49
Number of Buildings 1
Spa N
Building Area Total 4256.0
Lot Dimensions 143x136
Lot Size Acres 0.49
Road Surface Type Asphalt
Road Frontage Type City Street
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 25112523
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* Excluded Features
List By
Community Realty Associates

Broker

addeod@comcast.net

Email

Affordability Calculator

$5,154
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,553
Monthly Property Taxes
$601
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1362941 Elementary School
1362920 Middle School
Palm Bay High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/30/2024$685,000 Listed Price

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2511-2523 Tree Ridge Lane NE, Palm Bay, FL, 32905 is a Multi-Family Home for sale at $685,000 with 4,256 sqft and a lot size of 0.49. 2511-2523 Tree Ridge Lane NE has 8 bedrooms, 8.0 baths, and was built in 1988. The property's zip code is 32905 which is in Palm Bay, FL

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