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
Offer insights
4311 Tree Ridge Ln NE · $650,000
$650K and above
75% chance or better to win
Why $650K+ is a strong offer
DAYS ON MARKET
39 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
Bathroom
Bedroom
Living
Interior features
Investment property configured as a quadruplex
Unfurnished units
Bedrooms
Eight total bedrooms across units
Bathrooms
Four total full bathrooms (one full bathroom per unit)
Kitchen
Dishwasher
Electric range
Microwave
Refrigerator
Electric water heater
Laundry & utility
In-unit laundry
Heating & cooling
Central heating (electric)
Central air conditioning (electric)
Exterior features
Fully fenced lot
Fronting east
Two-story building
Home design
Quadruplex
Construction
Wood frame construction with wood siding
Utilities
Public sewer
Cable available
Electricity available
Water available
Sewer available
Financial info
Owner pays grounds care and trash collection
Other
Lot size approximately 0.61 acres
Total living area approximately 3,480 (listing value)
Four units total
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
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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
97/ 100
Exceptional sunlight
Sunscore
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
$613,561
$36K under list price of $650K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $365K to $640K.