Fully rented and renovated duplex just north of Eau Gallie. Current owner is getting great rental rates with long term tenants. Selling at a CAP Rate of 7.7% and ready for a new owner to start collect rent. Owner also selling triplex (2183 Highland Ave.) which has been remodeled and painted identical to this duplex.
Off market
$389,700
2173 Highland Ave, Melbourne, FL 32935
--beds
0baths
2,125sqft
MultiFamily
Built in 1981
-- sqft lot
$389,700 Zestimate®
$183/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Laminate
Interior area
- Total interior livable area: 2,125 sqft
Property
Parking
- Parking features: Carport
Features
- Exterior features: Stucco
Lot
- Size: 9,147 sqft
Details
- Parcel number: 27371625133
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Roof: Metal
Condition
- Year built: 1981
Utilities & green energy
- Utilities for property: City Water, Sewer, Electric
Community & neighborhood
Location
- Region: Melbourne
Other
Other facts
- Possession: Closing
- State/Province: FL
- Property Status: Standard
- Prop Type: Income
- Expenses Include: Lawn-Landscape Mnt, RE Taxes
- Construction: Concrete Block
- Exterior Finish: Painted
- Utilities: City Water, Sewer, Electric
- Source: Owner Provided
- Cooling: Electric
- Heat: Central
- Buildings: 1 Building
- Measurements From: Tax Rolls
- Equipment/Appliances: Laundry-Hookup, Ice Maker Hookup
- Style: One Story
- Lot Description: City
- Rent Includes: Lawn/Land Mntnce, RE Taxes
- Subdivision/Condo Nm: EAU GALLIE VILLAGE PLAT OF
- General County Loc: South
- Site Location: Paved Street
- Security/Safety: Smoke/CO Detector
- Schools: Middle School: Johnson
- Schools: High School: Eau Gallie
- Schools: Elementary School: Creel
- Status: Contingent
- # of Units: 2
- Property Type: B
- Tax ID: 27-37-16-25-00013.0-0003.00
- Legal Desc: EAU GALLIE, VILLAGE PLAT OF LOT 3 & W 8 FT OF VACA
Services availability

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$389,700
2% more+ $7,794
With Showcase(estimated)
$397,494