This Residential Income Property is Off-Market.

8751 Highway A1A
Melbourne Beach, FL 32951 ·

2,300 SF · Residential Income For Sale

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GUll House - Oceanfront in Melbourne Beach

Price N/A Property Use Type Investment
Building Size 2,300 SF Cap Rate 4%
Property Type Residential Income Year Built 2005
Property Sub-type Single-Unit (SFR/Condo)
Listing ID: 14895884 Date Created: 11/24/2006 Last Updated: 01/21/2007

Description

Wonderful end unit townhome bordering preserve on deep 400 ft + lot! 1 of only 3 townhomes on this gated property. Unique floorplan with multiple levels designed to maximize ocean views throughout. Affords fantastic ocean views from living, dining, kitchen, family and 2 master bedrooms! TOTALLY RENOVATED IN 2005 BY METICULOUS OWNERS & MILITANO CONSTRUCTION!! Private oceanfront deck along with a separate balcony off of living room. MUST SEE TO APPRECIATE.

Includes separate 2 car private garage for each unit.

Quiet location with lot that is buffered by FL preserve. Just 2 Miles north of the Sebastian Inlet, 10 miles north of the Vero Beach Disney Resort.

This property has EXCELLENT rental history and a number of repeat tenant relationships. Buy it and subsidize it! Rental Income dervied exclusively from web site listing with no local marketing support -- Rates range from $2500 - $5000/month .... depending upon the season. I accept a minimum term of 2 weeks out of season and 1 month in season. We have had occupancy EVERY month this year. Currently have tenants booked 100% November 2006 - March 2007.

Highlights

  • Private Oceanfront Location
  • Adjacent to Vero Beach -- CNN's #2 - 5 Year Growth Market
  • Completely Remodeled in 2005
  • Tastefully Furnished and Included in Price
  • EXCELLENT RENTAL HISTORY AND REPEAT TENANTS
  • Quiet beach and close to MANY recreational events ... golf too

Research

8751 Highway A1A, Melbourne Beach, FL 32951 (Brevard County)

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