This Palm Bay townhome offers incredible potential for both investors and homeowners. It features two generously sized bedrooms and one full bathroom upstairs. Downstairs, you'll find a spacious living area, a dining area, a functional kitchen, an in-unit laundry area, and a half bathroom. Whether you're looking to expand your portfolio or make this your new home, this property is a versatile opportunity you won't want to miss!
Property Details
Property Features
Property Information:
Year Built: 1980
Stories: 2
Living Area: 1,140 SqFt
Listing Office:
Office Name: Blue Marlin Real Estate
Office Phone: (321) 877-2902
Listing Agent: Antonio Paxton Pizatella
Interior Features
Interior Information:
Appliances: Convection Oven, Dishwasher, Electric Oven, Electric Range, Refrigerator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$937
Per Month
Principal & Interest
$624
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$246
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$441
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Riviera Elementary School
351 Riviera Dr NE
Distance between this listing and this school1.10 miles
Public District Grades PK-6
6
/10
Port Malabar Elementary School
301 Pioneer Ave NE
Distance between this listing and this school1.56 miles
Public District Grades PK-6
4
/10
Imagine Schools at West Melbourne
3355 Imagine Way
Distance between this listing and this school1.90 miles
Public Charter Grades KG-6
Nearby Schools
4
/10
Palm Bay Academy Charter School
2112 Palm Bay Rd NE
Distance between this listing and this school1.08 miles
Public Charter Grades KG-8
2
/10
Stone Magnet Middle School
1101 E University Blvd
Distance between this listing and this school2.89 miles
Public Magnet Grades 7-8
2
/10
Southwest Middle School
451 Eldron Blvd SE
Distance between this listing and this school3.23 miles
Public District Grades 7-8
Nearby Schools
3
/10
Palm Bay Magner High School
101 Pirate Ln
Distance between this listing and this school1.62 miles
Public Magnet Grades 9-12
7
/10
Pineapple Cove Classical Academy
6162 Minton Rd NW
Distance between this listing and this school3.29 miles
Public Charter Grades KG-12
6
/10
Melbourne High School
74 Bulldog Blvd
Distance between this listing and this school4.46 miles
The neighbors living near this home have an average income of $36,492. Most Palm Bay, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3511 Tree Ridge Ln NE
What is the listing price of this property?
The listing price of 3511 Tree Ridge Ln NE property is $125,000.
What type of property is this?
The property 3511 Tree Ridge Ln NE is a townhouse located in Palm Bay, Florida, 32905.
Is this property for sale now?
Active Listing: 3511 Tree Ridge Ln NE is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on August 29, 2012 for $17,600. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3511 Tree Ridge Ln NE has 2 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 3511 Tree Ridge Ln NE is 1,140 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3511 Tree Ridge Ln NE is 1980.
This home is located at 3511 Tree Ridge Ln NE in Palm Bay, FL and zip code 32905 in the Pinehurst neighborhood. This 1,140 square foot home, which was built in 1980, sits on a 0.02 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $125,000.
Palm Bay, FL housing market in November 2024 saw over 11 listings sold above listed price, more than 78 sold at listed price and over 85 sold below. The number of homes for sale in Palm Bay, FL increased by 5% between October 2024 and November 2024. Listings spent 71 days on the market in November 2024, and had a median list price of $330,166 during the same period.
From Rocket Homes Real Estate and based on county public records data.