Introducing a newly renovated 1-bedroom, 1-bathroom condo ideally situated near the beach! This stunning condo offers a perfect blend of modern comfort and coastal charm, making it an ideal retreat for beach lovers and investors alike. Currently occupied until May 31st, this condo presents an excellent investment opportunity. The existing tenant is paying $1400 in rent, which is below the current rental market value, providing the potential for increased rental income upon lease renewal or new tenant occupancy. Featuring recent renovations, this condo boasts upgraded amenities and stylish finishes throughout, One of the key highlights of this property is its versatility in rental options. Whether you're interested in short-term vacation rentals or long-term leasing, this condo offers flexibility to accommodate various rental preferences, maximizing income potential for investors.Don't miss out on this opportunity to own a prime piece of coastal real estate with endless rental possibilities. Schedule a viewing today
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Level: Second
Other Rooms
- Total Rooms: 3
- Living Room Level: First
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Appliances
- Microwave
- Range
- Refrigerator
- Laundry Features: Laundry Closet
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
Interior Features
Kitchen and Dining
Waterfront and Water Access
Land Info
- Lot Size Acres: 0.97
- Lot Size Square Feet: 42235
Garage and Parking
Exterior and Lot Features
- Road Surface Type: Asphalt
Homeowners Association
- Association: Yes
- Calculated Total Monthly Association Fees: 174
- Pets Allowed: Cats OK, Dogs OK
Condo Info
- Unit Floor In Building: 1
Rental Info
- Lease Term: Minimum Lease: 8-12 Months
Other Property Info
- Annual Tax Amount: 1605
- Source Listing Status: Active
- County: Brevard
- Directions: Head south on I-95 S, Take exit 173 toward Malabar Rd, Use the left 2 lanes to take the Malabar Rd ramp to FL-514 E/Malabar, Use any lane to turn slightly left onto Malabar Rd, Turn left onto US-1 N, Turn left onto Overlook Dr Destination will be on the right
- Tax Year: 2023
- Ownership: Condominium
- Source Property Type: Residential
- Area: 32905 - Palm Bay/Melbourne
- Property Subtype: condo
- Source Neighborhood: BLUFFS PH 2 CONDOMINUM
- Parcel Number: 28 3830-00-538.Q
- Postal Code Plus 4: 6272
- Subdivision: BLUFFS PH 2 CONDOMINUM
- Township: 28
- Property Features: Condo Fees: 174 Monthly
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 672
- Year Built: 1985
- Building Area Source: Public Records
- Building Area Total: 672
- Building Name: 18
- Construction Materials: Block
- Direction Faces: North
- Foundation Details: Block
- Levels: Two
- Property Age: 39
- Roof: Shingle
- Levels or Stories: 2
- Building Total Stories: 2
Utilities
- Sewer: Public Sewer
- Water Source: Public