$860,000
PENDING

2042 Foxwood Dr Melbourne, FL 32935

Estimated payment $5,452/month

Total Views 1,439
8 Beds
8 Baths
3,900 Sq Ft
$221 Price per Sq Ft

Highlights

  • 1.64 Acre Lot
  • Cul-De-Sac
  • Tile Flooring
  • No HOA
  • Multiple cooling system units
  • Central Heating and Cooling System

About This Home

Attractive & homey, well-maintained, single-owner investment property with happy tenants and very low vacancy on quiet, shaded, dead-end/cul-de-sac less than 10 min from Eau Gallie Arts District. Commercial contractor/owner built abutting quads and held for long-term income investment. All units stay rented easily and occasional vacancies fill immediately. Great quality of life for tenants. Units are same size & have back porches with utility/storage rooms that include laundry hookups. End units slightly different layout. Ample parking on either side of building or on tree-lined street. 2018 roof; many units have tile throughout, new appliances; HVACs. Property management company has most recent lease at $1550/mo, but still room to grow. Potential additional income source utilizing land around cul-de-sac for tenant storage bays, etc. Identical quad for sale next door.

Listing Agent

Patricia Spangler

HomeSmart Coastal Realty License #3370666

HomeSmart Coastal Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,828

Year Built

  • Built in 2000

Lot Details

  • 1.64 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Front and Back Yard Sprinklers

Home Design

  • Quadruplex
  • Shingle Roof
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 3,900 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Creel Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • The owner pays for exterior maintenance, grounds care, management, taxes
  • Assessor Parcel Number 27-37-08-00-00510.0-0000.00
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,828

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2000
  • Reso Property Sub Type: Quadruplex
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Cul-De-Sac, Dead End Street, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Stories: 1
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.64
  • Pool Private: No
  • Construction Type: Block, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street
  • General Property Information:Garage YN: No
  • Parking Features:On Street: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric, Multi Units, Separate Meters
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Water Meters
  • Heating: Central, Electric, Separate Meters
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Separate Meters2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Current Use: Investment, Multi-Family, Residential
  • Lot Size Sq Ft: 71438.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2741875
  • Parcel #: 27-37-08-00-00510.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Pest Control, Sewer, Trash Collection, Water
  • Owner Pays: Exterior Maintenance, Grounds Care, Management, Taxes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7828.04

Multi Family

  • Number Of Units Total: 4
  • Income Includes: ["Rent Only"]

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,534 $543,000 $0 $0
2022 $5,865 $361,500 $0 $0
2021 $5,343 $282,200 $45,750 $236,450
2020 $4,932 $257,900 $45,750 $212,150
2019 $4,774 $239,910 $45,750 $194,160
2018 $4,765 $235,000 $0 $235,000
2015 $4,060 $176,000 $43,800 $132,200
2014 $3,674 $160,000 $43,800 $116,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $860,000 -- $221 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Quit Claim Deed $179,800 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Warranty Deed $67,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $201,600 No Value Available
Source: Public Records

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1037384

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-08-00-00510.0-0000.00