Sold for $640,000

$640,000

2612 Tree Ridge Ln NE, Palm Bay, FL 32905

8beds

3,480sqft

Quadruplex

Built in 1984

-- sqft lot

$-- Zestimate^®

$184/sqft

$1,428 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,428/mo

Zestimate^® history

Owner options

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$1,428/mo

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$1,428/mo

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$4,183/mo

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$4,183/mo

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What's special

Large parking lotEfficient layouts

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 3
Full bathrooms: 3

Heating

Separate Meters

Cooling

Separate Meters

Appliances

Included: Dishwasher, Electric Range, Refrigerator, Washer/Dryer Stacked
Laundry: In Unit

Features

Flooring: Laminate
Has fireplace: No

Interior area

Total interior livable area: 3,480 sqft

Property

Parking

Total spaces: 4
Parking features: Garage, Off Street, Parking Lot, Unassigned
Garage spaces: 4

Features

Levels: Two
Stories: 2
Exterior features: Balcony

Lot

Size: 0.47 Acres
Features: Corner Lot

Details

Additional structures: Workshop
Additional parcels included: 2836681
Parcel number: 283728010000a.00006.00
Special conditions: Owner Licensed RE

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Frame
Roof: Shingle

Condition

New construction: No
Year built: 1984

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Not Available, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Water Meters

Community & HOA

Community

Subdivision: Pinehurst

HOA

Has HOA: No

Location

Region: Palm Bay

Financial & listing details

Price per square foot: $184/sqft
Tax assessed value: $84,000
Annual tax amount: $8,162
Date on market: 2/1/2026
Listing terms: Cash,Conventional
Tenant pays: Cable TV, Electricity, Pest Control, Telephone, Water
Income includes: Storage
Road surface type: Asphalt

Price history

Date	Event	Price
4/20/2026	Sold	$640,000-1.5%$184/sqft
Source: Space Coast AOR #1068168 Report a problem
2/25/2026	Pending sale	$650,000$187/sqft
Source: Space Coast AOR #1068168 Report a problem
2/1/2026	Listed for sale	$650,000+381.5%$187/sqft
Source: Space Coast AOR #1068168 Report a problem
8/29/2024	Listing removed	--
Source: Space Coast AOR #1021732 Report a problem
8/17/2024	Price change	$1,500-6.3%
Source: Space Coast AOR #1021732 Report a problem
8/9/2024	Listed for rent	$1,600
Source: Space Coast AOR #1021732 Report a problem
8/9/2010	Sold	$135,000-15.1%$39/sqft
Source: Agent Provided Report a problem
5/29/2010	Listed for sale	$159,000$46/sqft
Source: ERA Showcase Properties and Inv #570404 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2017	$2,410 +3.2%	$84,000 +5%
2016	$2,336	$80,000

Find assessor info on the county website

Neighborhood: 32905

Nearby homes

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: 1.7 mi
3/10
Stone Magnet Middle School
Grades: 7-8Distance: 2.9 mi

Schools provided by the listing agent

Elementary: Riviera
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.