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2581 Spence Drive Ne, 
Palm Bay, FL 32905

$599,999


7

Beds


6

Baths


2,458

Sq Ft


Multi-Family

Active

Listed by

Caleb Jose Gomez

Alba Gomez

Blue Marlin Real Estate

MLS#

1065407

Source:

FL SPACE

About This Home

2581 Spence Drive Ne

Income Producing Property near Downtown Melbourne. Welcome to 2581 Spence Dr, a rare and versatile multi unit property offering immediate income and long term upside. This unique compound style residence is occupied and currently generating rental income, making it an ideal opportunity for investors seeking a stabilized asset in a growing market. The property features a main home with 2 bedrooms, 1 bathroom, and a garage, complemented by five additional rental units that allow for diversified income streams. These include: Unit A: Studio, Unit B: Studio, Unit C: 1-bedroom unit, Unit D: Efficiency unit with a loft, Unit E: Efficiency. Tenants enjoy shared amenities including a central courtyard that creates a welcoming community feel, as well as a dedicated laundry area for added convenience. Major improvements have already been completed, offering peace of mind to the next owner. The property has a newer roof and fencing.

Home Facts

Multi-Family

6 Baths

7 Bedrooms

Built in 1958

Price Summary

599,999

$244 per Sq. Ft.

MLS #:

1065407

Added:

13 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

2,458 Sq. Ft.


Structure

Structure

Building Area:

2,458 Sq. Ft.

Year Built:

1958


Lot

Lot Size (Sq. Ft):

9,583


Finances & Disclosures

Finances

Price:

$599,999

Price per Sq. Ft:

$244 per Sq. Ft.

Source:FL SPACE
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.