Investor Special - Turnkey 2BD/2BA Condo with Active Lease! This well-maintained unit offers a smart investment opportunity with tenant in place through April 2026. The apartment features a spacious open floor plan, updated kitchen with appliances, in-unit washer/dryer, and a private back porch. The air condition and water heater were replaced in 2019. The primary suite includes a full en-suite bath, while the second bedroom is perfect for guests or an office. The community amenities includes parking and pool. Current tenants have expressed desired to continue renting the unit. Located in a high-demand rental area, this unit provides instant cash flow with strong long-term upside.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Appliances
- Dryer
- Electric Oven
- Electric Range
- Electric Water Heater
- ENERGY STAR Qualified Dryer
- ENERGY STAR Qualified Water Heater
- Washer
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central, Electric
- Heating: Yes
Land Info
- Additional Parcels Description: 2865921
- Many Trees
Garage and Parking
- Parking Features: Community Structure, Parking Lot
Homeowners Association
- Association: Yes
- Association Fee: 1316
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 1316
- Association Name: Palm Bay Club Condominium
- Pets Allowed: Call
School Information
- Elementary School: University Park
- High School: Palm Bay
- Middle School: Stone
Other Property Info
- Source Listing Status: Active
- County: Brevard
- Current Use: Multi-Family, Residential
- Directions: Head North on S Babcock St. Turn right on Palm Bay Rd NE. Turn left on Pinewood Dr NE.
- Source Property Type: Residential
- Area: 340 - NE Palm Bay
- Property Subtype: condo
- MLS Area Minor: 340 - NE Palm Bay
- Source Neighborhood: Palm Bay Club Condominium
- Parcel Number: 28 3722-00-271.J
- Subdivision: Palm Bay Club Condominium
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1036
- Year Built: 1985
- Construction Materials: Block, Stucco
- Direction Faces: West
- Entry Level: 1
- Living Area Source: Owner
- Property Age: 40
- Levels or Stories: 1
- Building Total Stories: 1
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Available
- Sewer Available
- Water Available
- Water Source: Public