3670 Dixie Highway NE, Unit 35Palm Bay, FL 32905MLS Number TB8336495

  • Price: $2,850,000
  • Est. Mortgage of $/month
  • 21 Days on Market
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Federal 30-year interest rate: 6.96% last updated on Jan 23, 2025
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3670 Dixie Highway NE Palm Bay FL 329053670 Dixie Highway NE Palm Bay FL 329053670 Dixie Highway NE Palm Bay FL 329053670 Dixie Highway NE Palm Bay FL 329053670 Dixie Highway NE Palm Bay FL 329053670 Dixie Highway NE Palm Bay FL 329053670 Dixie Highway NE Palm Bay FL 329053670 Dixie Highway NE Palm Bay FL 329053670 Dixie Highway NE Palm Bay FL 32905
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  • 65Bedrooms
  • 3.38Acreage
  • 35Bathrooms
  • 1954Year Built
Located directly on the Indian River, Sunrise MHP & APTS offers a unique investment opportunity combining strong cash flow and prime location. This 35-unit property features a mix of 11 apartment units, 20 tenant-owned homes, and 4 park-owned homes, several of which have been recently renovated to attract premium tenants. The park is fully connected to city water and sewer, ensuring reliable utility service. Lot rents are set at $465 per month, providing consistent and dependable income. Additionally, the property includes an on-site office that offers flexibility for operations or potential conversion into two additional rental units. The park's stunning Indian River views and convenient access to local amenities create a highly desirable living environment for residents, ensuring high occupancy rates and long-term demand. Whether you're an experienced investor or entering the mobile home park market, Sunrise MHP & APTS offers exceptional growth potential and immediate revenue.
Listing Courtesy of FLORIDA REALTY INVESTMENTS

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Location Information

  • Road Frontage DescriptionAsphalt

Rooms

  • Bedrooms65

Location

  • Address3670 Dixie Highway NE
  • AreaPalm Bay/Melbourne
  • CountyBrevard
  • Exterior Features Other
  • StateFL
  • SubdivisionValentine Estate Sub
  • TownPalm Bay
  • Township 28
  • Zip32905

Water Body

  • MFR Water Access YN No
  • Water ViewNo

Legal

  • Listing Agreement Exclusive Right To Sell
  • Parcel Number 28 3714-FK-*-2.05
  • Tax Legal Description VALENTINE ESTATE SUBD PT OF S 35 FT OF LOT 2 & PART OF N 165 FT OF LOT 3 ALL LYING E OF FEC RR AS DES IN ORB 2222 PG 2026

Basic Information

  • List Price$2,850,000
  • MLS NumberTB8336495
  • Mls Status Active
  • StatusACT

Building

  • Bathroom35
  • Construction Materials Concrete, Wood Frame
  • Foundation Details Slab
  • RoofShingle
  • Units35
  • Year Built1954

Property Information

  • Acreage3.38
  • Lot Size Square Feet 147,233
  • MFR Living Area Meters 1,950
  • MFR Lot Size Square Meters 13,678
  • MFR Total Acreage 2 to less than 5
  • Square Feet21,000

Tax Information

  • Tax Year 2024
  • Taxes$22,209

Basic Information

  • Property SubTypeMulti-Family
  • Special Listing Conditions None
  • Unit Number35
  • Virtual TourView Tour

Property

  • ZoningRM10

Utilities

  • Cooling Central Air
  • Heating Electric
  • Laundry Features Other
  • Sewer Public Sewer
  • Utilities Electricity Connected, Sewer Connected, Water Connected
  • Water Source Public

Other

  • Date Listed01/08/2025
  • Gross Income $326,413
  • MFR Annual Net Income $222,305
  • MFR Flood Zone Code X
  • View Count12
Fusilier Realty Group

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Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of January 28, 2025 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

I agree to receive marketing and customer service calls and text messages from Fusilier Realty Group. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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