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Off market
    • $757,500

    1042 Sea Grape Dr #201, Melbourne, FL 32935

    --beds
    0baths
    4,860sqft
    MultiFamily
    Built in 1984
    -- sqft lot
    $757,500 Zestimate®
    $156/sqft
    $1,641 Estimated rent

    Home value

    $757,500

    $644,000 - $886,000

    $1,641/mo

    Zestimate® history
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    What's special

    100% occupied MultiFamily Investment opportunity with very low turnover. These 8 units consist of 1 Studio, Four 1 bedrooms , & three 2 bedroom Apartments . All Tenants are Month 2 Month but been there for awhile. Cash Cow that currently yields an 8.5% return after expenses. This property is adjacent to another like property that is also available and consists of 9 more apartments. Family Estate sale, as the current heirs live out of state.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • Wall
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 4,860 sqft

    Property

    Features
    • Exterior features: Stucco
    Lot
    • Size: 0.5 Acres
    Details
    • Parcel number: 2737095115

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood
    • Roof: Asphalt
    Condition
    • Year built: 1984

    Utilities & green energy

    • Utilities for property: City Water, Common Water

    Community & HOA

    Location
    • Region: Melbourne

    Financial & listing details

    • Price per square foot: $156/sqft
    • Tax assessed value: $721,440
    • Annual tax amount: $10,933

    Price history

    DateEventPrice
    1/9/2024Listing removed--
    Source: Space Coast AOR #980517 Report a problem
    1/4/2024Listed for rent$1,450
    Source: Space Coast AOR #980517 Report a problem
    9/4/2020Sold$362,500-27.5%$75/sqft
    Source: Space Coast AOR #872071 Report a problem
    6/7/2020Price change$500,000-9.1%$103/sqft
    Source: Curri Properties #872071 Report a problem
    6/3/2020Listed for sale$550,000$113/sqft
    Source: Curri Properties #872071 Report a problem
    5/12/2020Pending sale$550,000$113/sqft
    Source: Curri Properties #872071 Report a problem
    3/27/2020Listed for sale$550,000$113/sqft
    Source: Curri Properties #872071 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,933 -3.7%$721,440 -20.4%
    2024$11,359 +3.4%$906,000
    2023$10,980 +36.2%$906,000 +60.3%
    2022$8,059 +20%$565,200 +64.6%
    2021$6,719 +4%$343,290 +5%
    2020$6,460 +3.7%$327,080 +8.1%
    2019$6,230 $302,650 +4.4%
    2018$6,230 +4%$290,000 +3.6%
    2017$5,992 +4.3%$280,000 +7.7%
    2016$5,743 +3%$260,000 +23.1%
    2015$5,576 +20.4%$211,200 +10%
    2014$4,632 $192,000 +6.7%
    2013-- $180,000 -30.3%
    2010$3,993 -1.8%$258,340 -13.4%
    2009$4,067 -25.3%$298,250 -11.8%
    2008$5,442 +1%$338,000 -5.8%
    2007$5,390 -1.1%$359,000 +18.2%
    2005$5,453 +2%$303,610 +16.5%
    2004$5,346 +24.3%$260,560 +23.8%
    2003$4,300 +6.4%$210,470 +4.6%
    2002$4,041 +3.9%$201,220 -2.6%
    2001$3,891 +7.3%$206,670 +1.5%
    2000$3,625 $203,560
    Find assessor info on the county website

    Neighborhood: 32935

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Creel
    • Middle: Johnson
    • High: Eau Gallie

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $757,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $757,500

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