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Sold for $2,500,000 on 05/25/25
  • $2,500,000

    3670 Dixie Hwy NE #35, Palm Bay, FL 32905

    5beds
    3baths
    21,000sqft
    Multi Family
    Built in 1954
    -- sqft lot
    $2,470,400 Zestimate®
    $119/sqft
    $-- Estimated rent

    What's special

    Located directly on the Indian River, Sunrise MHP & APTS offers a unique investment opportunity combining strong cash flow and prime location. This 35-unit property features a mix of 11 apartment units, 20 tenant-owned homes, and 4 park-owned homes, several of which have been recently renovated to attract premium tenants. The park is fully connected to city water and sewer, ensuring reliable utility service. Lot rents are set at $465 per month, providing consistent and dependable income. Additionally, the property includes an on-site office that offers flexibility for operations or potential conversion into two additional rental units. The park's stunning Indian River views and convenient access to local amenities create a highly desirable living environment for residents, ensuring high occupancy rates and long-term demand. Whether you're an experienced investor or entering the mobile home park market, Sunrise MHP & APTS offers exceptional growth potential and immediate revenue.

    Zillow last checked: 7 hours ago

    Listing updated: June 09, 2025 at 06:30pm

    Listing Provided by:

    Tito Urbano Perez 407-907-0350,

    FLORIDA REALTY INVESTMENTS 407-207-2220

    Bought with:

    Tito Urbano Perez, 3470017

    FLORIDA REALTY INVESTMENTS

    Source: Stellar MLS,MLS#: TB8336495MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Laundry: Other
    Features
    • Thermostat
    • Has fireplace: No
    Interior area
    • Total interior livable area: 21,000 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 3.38 Acres
    Details
    • Parcel number: 28 3714FK*2.05
    • Zoning: RM10
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Concrete, Wood Frame
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Palm Bay
    • Subdivision: VALENTINE ESTATE SUB

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Ownership: Fee Simple
    • Road surface type: Asphalt
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $2,470,400
    2% more+ $49,408
    With Zillow Showcase(estimated)
    $2,519,808