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32747655
32747656

3135 Shady Dell Lane, Melbourne, FL 32935

Four Star Real Estate LLC
Listed by Four Star Real Estate LLC
$148,000
14 days on market
Updated 14 days ago

3135 Shady Dell Lane

Details
Property Type Retail, Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 977
Cap Rate 1.01%
NOI $1,500
Lease Term 1
Lease Expiration 12/31/2026
Remaining Term 0.6
Price per SqFt $151
Parking Spaces 1 per unit
Investment Type Owner/User
Lease Commencement 01/01/2026
Ground Lease No

Tenant Occupied Investment Property

Marketing description

Updated 2 bedroom, 2 bath second floor unit has Vinyl flooring, updated baths, nice size Living Room, dining area and fully equipped kitchen with laundry area. All appliances stay, including washer and dryer. Screened balcony with storage. Affordable monthly association fee includes Cable, Internet, Water, Sewer, and Exterior insurance. Community pool and clubhouse. Excellent location minutes from shopping, restaurants, Wickham Park, and only a short drive to the beach. Affordable living, or great investment? You decide. Currently income producing with a wonderful tenant w/lease until end of December 2026.

Investment highlights

Tenant in place until Dec

Paying $1500 month

Low Hoa

Great Price

Listing Contacts

Four Star Real Estate LLC
Listed by Four Star Real Estate LLC

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,500.00
$125.00/mo

Valuation Metrics

0
DSCR
1.01%
Cap Rate
1.01%
ROI

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Additional Information

Name
Shellie Raymond
License
3325835
Brokerage
Four Star Real Estate
Brokerage Phone
3213259974
Title
Broker Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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