Cays Realty
2350 FALLON Boulevard NE, Palm Bay, FL 32907 — MLS photo

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2350 FALLON Boulevard NE, Palm Bay, FL 32907

Active · SingleFamilyResidence

$299,000

2350 FALLON Boulevard NE, Palm Bay, FL 32907

Beds
3
Baths
3
Living area
1,652 sq ft
$ / sq ft
$181/sq ft
Year built
1983
Lot size
11,326 sq ft
HOA fee
—
Annual tax
$3,790

About this property

SHORT SALE OPPORTUNITY --! Enjoy the freedom of no HOA and no rental restrictions in this beautifully updated Palm Bay home on an oversized lot. With all-new appliances, partial impact windows and sliders, soaring cathedral ceilings, and an open split-bedroom floor plan, wood burning fireplace the home offers the space, flexibility, and Florida lifestyle buyers are looking for. Outside, there is room for a future pool, boat or RV parking, plus a custom pergola, fire-pit lounge, and outdoor shower for easy Florida living. Conveniently located near I-95, shopping, dining, parks, beaches, and area employers. This property is being offered as a short sale and is subject to lender approval. Sale price and terms are subject to the approval of the seller's mortgage holder(s).

Property location

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2350 FALLON Boulevard NE, Palm Bay, FL 32907

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,652 sq ft
Flooring
Ceramic Tile, Tile
Appliances
Built In Oven, Dryer, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Self Cleaning Oven, Water Softener, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Closet Cabinetry, Entrance Foyer, Eat In Kitchen, Family Dining Room, High Ceilings, Kitchen Island, Kitchen Dining Combo, Main Level Primary, Main Living Area Entry Level, Split Bedrooms, Vaulted Ceilings, Attic, Utility Room

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1983
Stories
1
Lot size
11,326 sq ft
Architectural style
Contemporary Modern, One Story
Roof
Composition, Shingle
Construction
CBSConcrete Block Structure, Block, Stucco
Exterior features
Fence, Outdoor Shower, Patio, Room For Pool
Pool
None

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Pets allowed
No
Annual tax
$3,790
Subdivision
PORT MALABAR UNIT 6
County
Brevard
Days on market
147
MLS listing ID
B26033614
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$1,509

Cap rate
11.7%
Net yield
11.7%
Cash-on-cash return
21.6%
Gross yield
15.2%
Mortgage payment
$1,417/mo
Down payment
$74,750
Loan amount
$224,250
Annual NOI
$35,114

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.