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293 Provincial Drive

Melbourne, FL 32903

MLS #: 859375


Property Type: Multifamily

List Date: 10-28-2019

Year Built: 1991

Homestead: No

4,318 Sq. Ft.

5,702 Total Sq. Ft.

Zoning: R-27


Property Description

Rare income producing triplex in Indialantic across from Paradise Beach Ocean Park. Great investment opportunity with fantastic location for these 2/2/2 units with fenced backyard and pool. Units have been nicely updated and all are currently leased annually.This is a small area of Indialantic zoned in the city of Melbourne & short term rentals are allowed if Buyer is interested in converting to vacation rentals in the future. Each unit has large kitchen, living/dining room, laundry room. Bedrooms have large walk-in closets and all units have granite countertops. 2 AC new in 2015 and 1 AC new in 2019. Unit 293- 1, 420 SF and Unit 295- 1, 342 SF, each with a covered lanai.Unit 297-second floor unit- 1, 556 SF with private balcony. Incredible location & potential


Financing Options

1031 Exchange, Cash, Conventional, VA Loan


Equipment / Appliances

Dishwasher, Disposal, Garage Door Opener, Ice Maker Hookup, Laundry-Hookup, Microwave-Built-in, Range w/Oven, Refrigerator


Elementary School

Indialantic

Middle School

Hoover

High School

Melbourne


Street

Provincial Drive

County

Brevard

Listing Status

Active

Home Style

Two Story

Floor

Carpet, Ceramic Tile

Tax Year

2017

Pool

Yes

Private Pool

Yes

Community Pool

No

Pool Description

Cleaning Equipment, Concrete, Equipment Included, Private, Private - Inground

Utilities

Cable Available, City Water, Electricity Connected, Sewer Connected, Telephone

Waterfront

No

Split Floorplan

No

Exterior Finish

Stucco

ZipCode

Property Status

Standard

Construction

Combination, Concrete Block, Frame - Wood

Roof Type

Shingle - Asphalt

Tax Amount

$6,489

Gated Community

No

Home Warranty

No

55+ Community

No

Parking

4+ Car Attchd Garage, Open Parking

HOA

None

HOA Dues

$0.00


293 Provincial DriveMelbourne, FL 32903

This listing is courtesy of Coldwell Banker Paradise.

Broker Reciprocity

Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Vero Beach, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard and Central Florida.

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