3776 Dixie Highway, Palm Bay, FL 32905

Property Details:

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.

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• Acreage0.56
• Area340 - NE Palm Bay
• BuildingsNo
• CityPalm Bay
• CountyBrevard
• DirectionsEast on Malabar Rd, left on Dixie Hwy NE, left on Broadview Dr, first property on the right.
• Fixer UpperNo
• General County LocationSouth
• Legal DescriptionHIGH POINT UNREC SUBD N 90 FT OF S 515 FT OF E 341.65 FT OF LOT 1 W OF HWY 1 & EXTENDED TO INDIAN RIVER EX US HWY 1 R/W
• List Price/SqFt$245.08 / sqft
• Listing ID1028810
• Listing StatusActive
• Manager/Owner OccupiedUnfurnished
• Number of Units1
• PoolNo
• Prop TypeTriplex
• Property TypeMultifamily
• SqFt - Living2,591 sqft
• State/ProvinceFL
• StatusActive
• Status Change DateTuesday, November 5th, 2024
• Street NameDixie
• Street Number3776
• Street SuffixHighway
• SubdivisionHigh Point Replat Of Lot 2 Blk C
• Suffix DirNE
• Tax Year2024
• Taxes$5,140
• UnBranded Virtual TourClick Here
• WaterfrontYes
• Waterfront TypeIntracoastal,River Front
• Year Built1956
• Zip Code32905
• ZoningResidential