3776 DIXIE Highway NE
Palm Bay, FL, 32905
$580,000
Beds
0 Baths
0 SqFt
0.56 Acres
Discover a lucrative investment with this fully-occupied triplex, strategically positioned directly across the street from the tranquil river. This property offers not only a steady income stream but also significant potential for growth and future development. Collectively generating $5,000 in monthly rental income, the property provides a dependable cash flow. Its proximity to the river enhances the appeal for outdoor enthusiasts interested in boating, fishing, or simply enjoying the scenic waterfront views. Located less than 10 minutes from the beach and vibrant nightlife.

Property Details

Price:
$580,000
MLS #:
282614
Status:
Active
Beds:
0
Baths:
0
Address:
3776 DIXIE Highway NE
Type:
Single Family
Subtype:
Triplex
Subdivision:
High Pointe
Neighborhood:
Brevard east of IR
City:
Palm Bay
Listed Date:
Nov 4, 2024
State:
FL
ZIP:
32905
Lot Size:
24,394 sqft / 0.56 acres (approx)
Year Built:
1956
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Schools

Interior

Cooling
Central Air, Three Or More Units
Flooring
Terrazzo, Vinyl
Heating
Central, Multiple Heating Units
Laundry Features
None

Exterior

Community Features
None, Pickleball
Construction Materials
Block, Concrete, Stucco
Exterior Features
Deck
Parking Features
On Street
Parking Spots
3
Roof
Shingle

Financial

HOA Name
NONE
Net Operating Income
$47,015
Tax Year
2024
Taxes
$5,140

Map

Community

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3776 DIXIE Highway NE
Palm Bay, FL