Amazing income producing fourplex for sale in Palm Bay, FL. Great investment opportunity as owner can occupy one unit and live rent free or all can be rented individually. If owner occupies one unit, the property qualifies. These units can be easily rented to Affordable housing programs for partial or full subsidized automatic payments. Very high demand for these affordable housing units.
Great income producing property. Quadplex in good condition. Fully rented. $2800 monthly rental income. Each unit is approximately 800 square feet and includes range and refrigerator. Downstairs units have two patios each and upstairs units have 2 balconies each. Individual addresses are 3911,3913,3921 & 3923 Tree Ridge Lane.
Public Records
Dec 21, 2006
Sold
$300,000
$306/sq ft
Public Records
Nov 8, 2004
Sold
$245,000
$250/sq ft
Public Records
Feb 23, 2004
Sold
$185,000
$189/sq ft
Public Records
May 30, 2002
Sold
$145,000
$148/sq ft
Public Records
Mar 10, 1999
Sold
$107,900
$110/sq ft
Public Records
Sep 14, 1995
Sold
$102,500
$105/sq ft
Public Records
Dec 2, 1994
Sold
$110,000
$112/sq ft
Public Records
Mar 18, 1993
Sold
$92,000
$94/sq ft
Public Records
Aug 1, 1984
Sold
$159,000
$162/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,162 (+13.8%)
$27,200 + $409,600
$436,800
2024
$7,172 (+14.0%)
$27,200 + $409,600
$436,800
2023
$6,293 (+12.1%)
2022
$5,612 (+144.5%)
2021
$2,296 (+3.1%)
$27,200 + $260,800
$288,000
2020
$2,227 (−9.3%)
$27,200 + $77,130
$104,330
2019
$2,454 (+4.0%)
$27,200 + $74,040
$101,240
2018
$2,359 (+3.6%)
$27,200 + $69,220
$96,420
2017
$2,277 (+19.9%)
$84,000
2016
$1,899 (+7.4%)
$80,000
2015
$1,768 (−31.2%)
$26,000 + $44,000
$70,000
2014
$2,570
Tax history for 3923 Tree Ridge Ln NE
Year
Property tax
Land + Additions
Assessment*
2025
$8,162 (+13.8%)
$27,200 + $409,600
$436,800
2024
$7,172 (+14.0%)
$27,200 + $409,600
$436,800
2023
$6,293 (+12.1%)
2022
$5,612 (+144.5%)
2021
$2,296 (+3.1%)
$27,200 + $260,800
$288,000
2020
$2,227 (−9.3%)
$27,200 + $77,130
$104,330
2019
$2,454 (+4.0%)
$27,200 + $74,040
$101,240
2018
$2,359 (+3.6%)
$27,200 + $69,220
$96,420
2017
$2,277 (+19.9%)
$84,000
2016
$1,899 (+7.4%)
$80,000
2015
$1,768 (−31.2%)
$26,000 + $44,000
$70,000
2014
$2,570
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
0.43 Acres
Year renovated
2001
Sq. Ft.
3,480
Year built
1984
Style
Multi-Family (2-4 Unit)
County
Brevard County
APN
28 3728-01-B-15
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
Property details
Interior
Virtual Tour Information
Interior Features
Appliances: Electric Range, Microwave, Refrigerator
Flooring: Tile, Vinyl
Bedroom Information
# of Bedrooms: 8
Bathroom Information
# of Bathrooms Integer: 4
# of Full Bathrooms: 4
Unit Information
Number Of Units Total: 4
Exterior
Pool Features
No
Exterior Features
Exterior Features: Balcony
Building Information
Stories Total: 2
Construction Materials: Frame, Stucco
Property Information
Property Sub Type: Multi Family
LivingArea: 980
Current Use: Multi-Family
Lot Information
Lot Size Acres: 0.43
Lot Size Area: 0.43
Lot Size Units: Acres
Additional Parcels Description: 2836704
Financial
Tax Information
Tax Annual Amount: $6,041
Tax Year: 2022
Financial Information
Buyer Financing: Conventional
Utilities
Heating & Cooling
Has Heating
Cooling: Central Air
Has Cooling
Heating: Central
Utility Information
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected
Location
School Information
Middle Or Junior School: Stone
Elementary School: Riviera
High School: Palm Bay
Location Information
Directions: Continue on Palm Bay Rd NE. Drive to Tree Ridge Ln NE in Palm Bay Use the left 3 lanes to turn left onto Palm Bay Rd NE Turn right onto Riviera Dr NE Turn left onto Dawn St NE Turn right onto Forest Knoll Dr NE Turn left onto Tree Ridge Ln NE Turn right to stay on Tree Ridge Ln NE
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 3,480
Stories: 2.0
Lot Size: 0.43 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1984
Year Renovated: 2001
County: Brevard County
APN: 28 3728-01-B-15
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Places
Transit
Riviera Elementary School
Public PreK-6 • Assigned • 1.1mi
8/10
Palm Bay Magnet Senior High School
Public PreK-12 • Assigned • 1.6mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
In this area, properties receive around 8.8 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.
8.8 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$546,000 – $660,000
Reach more buyers when you sell with Redfin. Save up to $5,738 in fees.3 minutes to get started.