Beautiful quadplex with long-term tenants. The building is very well kept and in a nice area of NE Palm Bay. Great Value and earnings. Two of the 4 units have been completely remodeled and updated. $6000 a month in rental income potential. Currently, $5,700 monthly income.
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
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Unfurnished
Investment use (currently)
Bedrooms
8 total bedrooms
Bathrooms
1 full bathroom
Kitchen
Dishwasher
Electric range
Microwave
Refrigerator
Laundry & utility
In-unit laundry
Electric water heater
Heating & cooling
Central heating (electric)
Central air conditioning (electric)
Exterior features
Fenced yard (full)
Home design
Quadruplex
Two levels
Faces east
Construction
Frame construction with wood siding
Utilities
Public sewer
Water available
Sewer available
Electricity available
Cable available
Financial info
Owner pays grounds care
Owner pays trash collection
Other
Lot size approximately 0.61 acres
4 total units
Living area reported as 3,480
No private pool
Additional parcel referenced
Electricity and solar
View estimated energy costs and solar savings for this home
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
4/10 Flood Factor
Estimated 19-29% 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, 22 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
91
76
90
77
87
76
83
73
78
64
74
59
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 8% for direct sun exposure in Palm Bay. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4311 Tree Ridge Ln NE
$594,796
$34K under list price of $629K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $350K to $700K.