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1656 Sunny Brook Lane NE , Unit L101,103,1, Palm Bay, FL 32905

$999,000

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Property Description

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.

1656 Sunny Brook Lane NE , Unit L101,103,1 | MLS# 1076991

This multi-family property located at 1656 Sunny Brook Lane NE , Unit L101,103,1, Palm Bay, FL 32905 is currently listed for sale with an asking price of $999,000. Search Palm Bay real estate on www.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.06 Acres
Roof Type: Shingle
Year Built: 1984
Square Feet: 5,484

Feature Descriptions

Association Fee Includes: Cable TV, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
Common Amenities: Cable TV, Maintenance Grounds, Maintenance Structure, Management - On Site, Pool, Trash, Water
Days on Site: 1
Equipment/ Appliances Features: Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer Stacked
Exterior: Block, Concrete, Stucco
Flooring: Tile
Parking Notes: Assigned
Pool Features: In Ground
Road Surface: Asphalt
Sewer: Public Sewer
Special View Info: Trees/Woods
Swimming Pool: Yes
Utility Features: Cable Connected, Electricity Connected, Sewer Available, Water Available, Separate Electric Meters
Water: Public

Local Schools

High School: Palm Bay
Middle School: Stone
Elementary School: Rivieria

Listed By / Shown By

Listed By

Agency Name: Dale Sorensen Real Estate Inc.
Agency Phone: 321-723-9990

Shown By

Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193

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Estimated Payment

$ 5,248.63 per month $4,957.25 Principal & Interest $0.00 Property Tax (data not provided by mls) $291.38 Homeowner's Insurance

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