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Image 1 - Overlook Drive, Palm Bay, FL 32951, USA - Condo for sale
Image 2 - Overlook Drive, Palm Bay, FL 32951, USA - Condo for sale
Image 3 - Overlook Drive, Palm Bay, FL 32951, USA - Condo for sale
Image 4 - Overlook Drive, Palm Bay, FL 32951, USA - Condo for sale
Image 5 - Overlook Drive, Palm Bay, FL 32951, USA - Condo for sale
Image 6 - Overlook Drive, Palm Bay, FL 32951, USA - Condo for sale
Condo For Sale In Palm Bay, Florida
Overlook Drive, Palm Bay, FL 32951, USA

Condo For Sale In Palm Bay, Florida

condo for sale
Listed: 05/15/24

Overlook Drive, Palm Bay, FL 32951, USA

1 Bed:
1 Bath:
672 Sq Ft Living Area:
Save
Price
$ 160,000

About This Condo

Introducing a newly renovated 1-bedroom, 1-bathroom condo ideally situated near the beach! This stunning condo offers a perfect blend of modern comfort and coastal charm, making it an ideal retreat for beach lovers and investors alike. Currently occupied until May 31st, this condo presents an excellent investment opportunity. The existing tenant is paying $1400 in rent, which is below the current rental market value, providing the potential for increased rental income upon lease renewal or new tenant occupancy. Featuring recent renovations, this condo boasts upgraded amenities and stylish finishes throughout, One of the key highlights of this property is its versatility in rental options. Whether you're interested in short-term vacation rentals or long-term leasing, this condo offers flexibility to accommodate various rental preferences, maximizing income potential for investors.Don't miss out on this opportunity to own a prime piece of coastal real estate with endless rental possibilities. Schedule a viewing today

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Palm Bay Housing & Living

Household Income

Median household income: $45,811
Number of households: 38,480
The average household income in Palm Bay, FL grew from $43,765 to $45,811 in the past year. This data is an estimate based upon 38,480 households in Palm Bay, FL.
The chart below presents how household income is distributed in Palm Bay, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Palm Bay, FL compared to median property taxes around the country. The prevalent amount of property taxes in Palm Bay, FL equals <$800 , which is less than the national average.