2612 Tree Ridge Lane Ne, Palm Bay, FL 32905
Local realty services provided by:Better Homes and Gardens Real Estate Star
2612 Tree Ridge Lane Ne,Palm Bay, FL 32905
$640,000
- 8 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: lindsay ortagus norton
Office: re/max solutions
MLS#:1068168
Source:FL_SPACE
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Price summary
- Price:$640,000
About this home
Well maintained quadplex in Palm Bay offering solid, steady income with additional upside. The property consists of four two bedroom, one bathroom units, with efficient layouts that have proven consistent rental demand. The units are individually metered and easy to manage, making this an attractive small multifamily asset.
A massive car garage (960sqft) or workshop onsite is currently used for storage and provides supplemental income, with flexibility for future use subject to buyer due diligence. Large parking lot provides plent of spaces for tenants. The property has been actively managed and offers opportunities to improve performance over time without requiring immediate capital investment.
This is a practical acquisition for buyers seeking a true four unit property with strong fundamentals, predictable operations, and long term value creation potential. Financials available upon request. Showings by appointment only. Do not disturb tenants.
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Home facts
- Year built:1984
- Listing ID #:1068168
- Added:100 day(s) ago
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Laminate
- Kitchen Description:appl_
Structure and exterior
- Year built:1984
Schools
- High school:Palm Bay
- Middle school:Stone
- Elementary school:Riviera
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$640,000
- Tax amount:$8,162 (2025)
Features and amenities
- Laundry features:appl_
Parking
- Garage:Yes
- Garage spaces:4
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