Turnkey investment opportunity featuring six fully rented 3-bedroom, 2-bath condos, each producing positive cash flow. All units offer interior laundry rooms with stacked washer/dryers and have effective dates of 2022-2023. Recent improvements include replaced appliances throughout, new bathroom tile, luxury vinyl plank flooring in five units, and newly installed porcelain tile in the sixth. A/C systems in five condos were replaced between 2020-2022; the remaining unit has been inspected and is functioning well. HOA dues are $367 per unit and include water, sewer, master insurance, cable, internet, grounds maintenance, and pool maintenance. Additional capital improvements include a 2025 roof replacement and scheduled exterior painting in May 2026. Unit 201 also received new appliances and fresh interior paint in May 2026. A strong, income-producing portfolio with major updates already completed.
Listed By
Agency Name: Dale Sorensen Real Estate Inc.
Agency Phone: 321-723-9990
Shown By
Agent Name: Barbara Davis
Agent Phone: (386) 290-0044
Agency Title: Watson Realty Corp., REALTORS ®
Estimated Payment
$ 5,248.63 per month $4,957.25 Principal & Interest $0.00 Property Tax (data not provided by mls) $291.38 Homeowner's InsuranceSend an email with a link to
1656 Sunny Brook Lane NE , Unit L101,103,1, Palm Bay, FL 32905.
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1656 Sunny Brook Lane NE , Unit L101,103,1, Palm Bay, FL 32905.
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1656 Sunny Brook Lane NE , Unit L101,103,1 | MLS# 1076991
This multi-family property located at 1656 Sunny Brook Lane NE , Unit L101,103,1, Palm Bay, FL 32905 is currently listed for sale with an asking price of $999,000. Search Palm Bay real estate on barbaradavis.watsonrealtycorp.com today.