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Glen Cove Mixed Use/SRO

$1,500,000

Brevard County, Palm Bay

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Full Address

Purchase Credits

Building Dimensions
N/A

Lot Size
N/A

Square Footage
1,344

Units
N/A

Rent Roll
19000

Vacancy
N/A

Price
$1,500,000

Notes
12% cap. both storefronts vets, 3200/month, 3 yrs left, CO says 1st floor 5bd apt, 2nd floor 11 sro's, 16 beds he rents out m/m, RR $13k/month, room to grow, owned for 20 yrs, one of the last licensed rooming houses on the northshore, this is perfect for sober house or mental health facility

Owner Information
Purchase Credits

Owners Number

WhatsApp Facebook Twitter Pinterest Linkedin Email

Brevard County, Palm Bay

Property Refund Request Property Removal Request Property Upload

$1,500,000

Overview

Full Address

Purchase Credits

Building Dimensions
N/A

Lot Size
N/A

Square Footage
1,344

Units
N/A

Rent Roll
19000

Vacancy
N/A

Price
$1,500,000

Notes
12% cap. both storefronts vets, 3200/month, 3 yrs left, CO says 1st floor 5bd apt, 2nd floor 11 sro's, 16 beds he rents out m/m, RR $13k/month, room to grow, owned for 20 yrs, one of the last licensed rooming houses on the northshore, this is perfect for sober house or mental health facility

Owner Information
Purchase Credits

Property Refund Request Property Removal Request Property Upload

Address

City Palm Bay
State/county Florida
Area Brevard County
Country United States

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Oahu Hawaii 50ksqFt lot Approved plans to build 8 new single family houses Demolition permit and Grading permit have been approved. 6 of the 8 house construction permits have been approved. The remaining 2 are expected to be approved in the next 2 to 4 weeks. The current owner will pay the permit fee and obtain the permit for the remaining 2 houses. All fees have been paid for including the following: 1. Park Dedication Fee for the entire project 2. Board of Water Supply fee for 8 individual water meters 3. Sewer connection fee to build the 8 SFD 4. HECO review fee and service installation fee for the entire project 5. All engineering design and house construction drawing fees 6. All City DPP review and permit fees All tenants have been given the 45-day notice to vacate by June 1. All approved permits including the 8 house construction plans are included in the sale of the property. Construction can start right away. Normal sale Asking 2m negotiable. Setup & address available