1656 Sunny Brook Lane NE, Palm Bay, FL 32905
- $999,000
- 18
- BD
- 12
- BA
- 5,484
- SqFt
- List Price
- $999,000
- MLS#
- 1076991
- Type
- Multifamily
- Bedrooms
- 18
- Bathrooms
- 12
- Living Area
- 5,484
- Lot Size
- 2,614
- Subdivision
- Country Gardens Ii Condo
- Year Built
- 1984
Property Description
Perfect 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.
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Additional Information
- Appliances
- Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer Stacked
- Exterior Construction
- Block, Concrete, Stucco
- Roof
- Shingle
- High School
- Palm Bay
- Middle School
- Stone
- Elementary School
- Rivieria
- Utilities
- Cable Connected, Electricity Connected, Sewer Available, Water Available, Separate Electric Meters
- Floor
- Tile, Luxury Vinyl
- Heating
- Central
- Cooling
- Central Air
- Pool
- Yes
Listing courtesy of Dale Sorensen Real Estate Inc..