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.
Port Malabar Country Club, located between Port Malabar Boulevard NE and Babcock Street NE, is a residential and golf-course Palm Bay neighborhood with fairway views and mid-century ranch streetscapes. The neighborhood’s character concentrates around the Port Malabar Boulevard NE and Babcock Street NE corridor, where low-slung plazas, local eateries, and service storefronts set a practical, everyday rhythm. Single-story homes, screened lanais, and mature shade trees shape a relaxed, car-friendly layout. The Port Malabar Country Club golf grounds and clubhouse define the area’s open sightlines and weekend pace. Fred Poppe Regional Park adds courts, fields, and a community center feel nearby. Turkey Creek Sanctuary brings boardwalk nature and waterway scenery into the routine.
Provided by Walk Score and Local Logic
Offer insights
2012 Tree Ridge Ln NE · $649,900
$650K and above
75% chance or better to win
Why $650K+ is a strong offer
DAYS ON MARKET
53 days
The average home goes pending in 25 days.
SALE-TO-LIST
94.8%
Most homes are selling 5% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Living
Interior features
Unfurnished
Used as an investment / multi-family property
Bedrooms
Total of 8 bedrooms (across units)
Bathrooms
1 full bathroom (total shown)
Heating & cooling
Central heating (electric)
Central air conditioning (electric)
Exterior features
Lot is approximately 0.43 acres
Additional parcel referenced
Home design
Quadruplex
Faces east
2 stories
Construction
Frame and stucco construction
Utilities
Public sewer
Cable available and connected
Financial info
Listed as investment / multi-family
Electricity and solar
View estimated energy costs and solar savings for this home
Great Value and Earning Potential of aprox 12% at this price. 4 units with 2 Bedrooms and 1 Bath each. Laundry hookups in each unit. Easy to rent! Call Today to view this Great Investment Opportunity!
Public Records
Oct 3, 2013
Sold
$2,000
$1/sq ft
SCMLS #579875
Apr 29, 2011
Sold
$87,000
$25/sq ft
Sep 17, 2010
Listed
$99,000
$28/sq ft
+7
OWNER FINANCING AVAILABLE. ($40,000 down @ 7% int. = $850/mo)3 units have new tile, new roof in 2006. Great income property. Almost 1/2 acre lot. In great convenient location in Palm Bay. Easy to keep rented.
Public Records
Oct 7, 2002
Sold
$135,000
$38/sq ft
Public Records
Oct 12, 1993
Sold
$95,000
$27/sq ft
Public Records
Jan 1, 1985
Sold
$172,000
$49/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,162 (−0.8%)
$27,200 + $409,600
$436,800
2024
$8,225 (+35.1%)
$27,200 + $409,600
$436,800
2023
$6,090 (+12.5%)
$27,200 + $409,600
$436,800
2022
$5,411 (+5.0%)
2021
$5,154 (+3.3%)
2020
$4,992 (−3.8%)
$27,200 + $220,720
$247,920
2019
$5,189 (+119.8%)
$27,200 + $213,390
$240,590
2018
$2,361 (+3.6%)
$27,200 + $201,930
$229,130
2017
$2,279 (+20.0%)
$84,000
2016
$1,899 (+7.4%)
$80,000
2015
$1,768 (−31.2%)
$26,000 + $44,000
$70,000
2014
$2,570
Public record
Public record
Zoning
Beds
—
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
0.43 Acres
Year renovated
2010
Finished Sq. Ft.
3,516
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,516
Year built
1984
Style
Multi-Family (2-4 Unit)
County
Brevard County
APN
28 3728-01-A-7
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
RM-15
Single, Two, Multiple-Family Residential District
The provisions of this district are intended to apply to an area of medium density residential development with a variety of housing types. Lot sizes and other restrictions are intended to promote medium density development while maintaining an adequate amount of open space for such development.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Public service
Recreation
Park & open space
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 23 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Palm Bay, FL • 32905
Average low and high temperatures (°F)
70
51
75
57
79
62
82
68
87
74
89
75
89
76
90
78
88
77
83
73
78
64
74
59
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2012 Tree Ridge Ln NE
$617,487
$32K under list price of $650K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $400K to $640K.