Under contract

$649,900

2012 Tree Ridge Ln NE, Palm Bay, FL 32905

8beds

3,516sqft

$4,223/mo

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Quadruplex

Built in 1984

-- sqft lot

$635,600 Zestimate^®

$185/sqft

$-- HOA

What's special

Great Value and earnings. Completely remodeled and updated. $6000 a month in rental income potential. Currently, 2 units are vacant and ready to rent. Units were being rented for the last 12 months at $ 1,500 each. Market rent 1300-1500 per unit.

21 days

531

30

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 1
Full bathrooms: 1

Heating

Central, Electric

Cooling

Central Air, Electric

Features

Has fireplace: No

Interior area

Total interior livable area: 3,516 sqft

Property

Features

Stories: 2

Lot

Size: 0.43 Acres

Details

Additional parcels included: 2836682
Parcel number: 283728010000a.00007.00
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Frame, Stucco

Condition

New construction: No
Year built: 1984

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Cable Connected

Community & HOA

Community

Subdivision: Pinehurst Gardens

HOA

Has HOA: No

Location

Region: Palm Bay

Financial & listing details

Price per square foot: $185/sqft
Tax assessed value: $436,800
Annual tax amount: $8,162
Date on market: 7/5/2026

Estimated market value

$635,600

$604,000 - $667,000

$1,480/mo

Price history

Date	Event	Price
7/13/2026	Contingent	$649,900$185/sqft
Source: Space Coast AOR #1081730 Report a problem
7/5/2026	Listed for sale	$649,900+22.6%$185/sqft
Source: Space Coast AOR #1081730 Report a problem
12/4/2023	Sold	$530,000+82.8%$151/sqft
Source: Public Record Report a problem
2/28/2018	Sold	$289,900+233.2%$82/sqft
Source: Space Coast AOR #799558 Report a problem
5/6/2011	Sold	$87,000-8.4%$25/sqft
Source: Public Record Report a problem
10/12/1993	Sold	$95,000$27/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,162 -0.8%	$436,800
2024	$8,225 +35.1%	$436,800 +26.4%
2023	$6,090 +12.5%	$345,600 +20%
2022	$5,411 +5%	$288,000 +16.2%
2021	$5,154 +3.3%	$247,920 +3%
2020	$4,992 -3.8%	$240,590 +5%
2019	$5,189	$229,130 +149.1%
2018	$5,189 +173.3%	$92,000 +31.4%
2015	$1,899 -26.1%	$70,000 -33.3%
2014	$2,570	$105,000 +8.2%
2013	--	$97,000 +8.4%
2012	$1,928 -32.8%	$89,490 -26.1%
2011	$2,869 -6.9%	$121,140 -17.4%
2010	$3,080	$146,680

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 32905

Getting around

53 / 100

Somewhat Walkable

57 / 100

Bikeable

Nearby schools

GreatSchools rating

8/10
Riviera Elementary School
Grades: PK-6Distance: 1.2 mi
2/10
Palm Bay Magnet Senior High School
Grades: PK,8-12Distance: 1.6 mi
3/10
Stone Magnet Middle School
Grades: 7-8Distance: 2.9 mi

Schools provided by the listing agent

Middle: Stone
High: Palm Bay

Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.