$698,000

293 Provincial Drive

Melbourne FL, 32903

Description

Rare income producing triplex in Indialantic across from Paradise Beach Ocean Park. Great investment opportunity with fantastic location for these 2/2/2 units with fenced backyard and pool. Units have been nicely updated and all are currently leased annually.This is a small area of Indialantic zoned in the city of Melbourne & short term rentals are allowed if Buyer is interested in converting to vacation rentals in the future. Each unit has large kitchen, living/dining room, laundry room. Bedrooms have large walk-in closets and all units have granite countertops. 2 AC new in 2015 and 1 AC new in 2019. Unit 293- 1,420 SF and Unit 295- 1,342 SF, each with a covered lanai.Unit 297-second floor unit- 1,556 SF with private balcony. Incredible location & potential

Details

MLS#859375
Sub-TypeResale
StatusActive
Days On Site45

Features

SQ Feet4,318
Units3
Building(s)1

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Area Information

StateFL
CountyBrevard
CityMelbourne
Zip Code32903
Area383 - N Indialantic
Listing VS Median (in 32903)
Price:
$698,000
low | high
Med:
$419,900
89.842406876791% of Average
SqFt:
4,318
low | high
Med:
1,996
100% of Average
$ / SqFt:
$162
low | high
Med:
$210
19.859475397787% of Average
On Site:
45
low | high
Med:
90
50% of Average
Listing Updated: 12/12/2019
MLS Number: 859375
Listing Provided By:
Bea Linda Jaffe  of  Coldwell Banker Paradise

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