1656 Sunny Brook Lane NE, Palm Bay, FL 32905

$999,000
18
BD
12
BA
5,484
SqFt

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List Price
$999,000
Status
ACTIVE
Days on Market
80
MLS#
1076991
Subtype
Residential Income
Year Built
1984
Bedrooms
18
Bathrooms
12
Full Baths
12
Living Area
5,484
Lot Size
2,614
Acres
0.06
Subdivision
Country Gardens Ii Condo
MLS Area Major
NE Palm Bay

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.

Additional Information

HOA Fee
$367
HOA Frequency
Monthly
Financing
Cash, Conventional
Appliances
Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer Stacked
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Concrete, Stucco
Roof
Shingle
Pool
Yes
Pool Type
In Ground
Parking
Assigned
Elementary School
Rivieria
Middle School
Stone
High School
Palm Bay
View
Trees/Woods

Listing courtesy of Dale Sorensen Real Estate Inc..

Listing courtesy of Dale Sorensen Real Estate Inc.. Contact:

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Calculator source: Real Geeks