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Key Details
Sold Price $575,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,638 sqft
Price per Sqft $351
MLS Listing ID 976884
Sold Date 02/20/24
Bedrooms 3
Full Baths 2
HOA Y/N No
Total Fin. Sqft 1638
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1957
Annual Tax Amount $6,725
Tax Year 2022
Lot Size 2.080 Acres
Acres 2.08
Property Description
MAJOR PRICE IMPROVEMENT! A rare Opportunity to own 2.08-acre on the Indian River at an UNBELIEVABLE price. This Fixer-Upper comes with two homes, and two addresses, on the same Deed and tax account. 7360 and 7350 US-1. The primary residence, 7360 US-1, is a 3BR/3BA/1GA with 1,638 sq ft of living space including an open and floor plan. The second residence, 7350 US-1, is a 2BR/1BA, guest cottage with a full kitchen, to use for guests or as a rental. This beautiful property also boasts a 155' of shoreline with awe inspiring panoramic views of the Indian River from your 259' dock...SEE MORE... Note, this property is zoned Multifamily RU-2-4 offering the ability to develop up to 4-units per acre. Currently there is a Binding Development Plan (BDP) that was enacted by a previous homeowner limiting the additional development to a duplex. See BDP in Documents. The process to reverse this, or seek other zoning, is a 5-month process according Brevard Planning and Zoning.
Location
State FL
County Brevard
Area 350 - Micco/Barefoot Bay
Direction I-95 to Malabar Rd east to US-1 then head south to address. US-1 north or south to address.
Body of Water Indian River
Interior
Interior Features Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
Heating Central
Cooling Central Air, Electric
Flooring Tile
Furnishings Unfurnished
Appliance Electric Range, Electric Water Heater, Microwave, Refrigerator
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Exterior
Exterior Feature ExteriorFeatures
Garage Additional Parking, Attached, Circular Driveway, Garage
Garage Spaces 1.0
Pool None
Utilities Available Cable Available, Electricity Connected
Amenities Available Boat Dock
Waterfront Description Navigable Water,River Access,River Front,Intracoastal
View River, Water
Roof Type Metal
Present Use Residential
Street Surface Asphalt
Garage Yes
Building
Lot Description Cleared
Faces East
Sewer Septic Tank
Water Well
Level or Stories One
Additional Building Guest House, Shed(s)
New Construction No
Schools
Elementary Schools Sunrise
High Schools Bayside
Others
Senior Community No
Tax ID 30-38-10-00-00055.0-0000.00
Security Features Security System Owned
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition Standard
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Bought with EXP Realty, LLC
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Jon Penny
Team Leader-Broker Associate | License ID: BK3055942
Team Leader-Broker Associate License ID: BK3055942