243 Cambridge Lane #243
Melbourne, FL 32935

Tools & Resources:

Description

Nice 6.7+% CAP Rate. Check out this second floor unit with views overlooking the pool! 2 Bed Condo. Similar units receiving $1,300/month (Subtract $355 Maintenance Fee & $109/month Taxes make the 6.7+ CAP rate) Check out this second floor unit with views overlooking the pool and golf course! This 2 bedroom 1 bathroom unit has ample living space. Close to restaurants, shopping and short drive to our beautiful river, beaches and Wickham park. This complex has a community pool, tennis courts, Basketball Court, Pickle Ball Courts, laundry facilities and playground for all to enjoy. Small storage room located on your back balcony for extra storage.

Features

• Property Type: Condo
• Sub Type: Condominium
• Listing Status: Active
• County/Area: Brevard County
• Zip Code: 32935
• Year Built: 1977
• Subdivision/Neighborhood: English Park Condo
• Elementary School: Croton
• Middle School: Johnson
• High School: Eau Gallie
• Sq.Ft.: 815 sq ft
• Stories: 2 Story
• Bedrooms: 2
• Full Baths: 1
• Lot Size: 2614 sq ft lot
• Baths: 1
• Pool or Spa: Community, In Ground
• View: Pool
• Additional Parcels Description: 2710285
• Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
• Association: Yes
• Association Amenities: Basketball Court, Clubhouse, Laundry, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site, Park, Tennis Court(s), Other
• Association Fee Includes: Cable TV, Insurance, Pest Control, Sewer, Trash, Water
• Association Phone: 321-242-2900
• Building Area Total: 815
• Construction Materials: Frame, Stucco
• Cooling: Central Air, Electric
• Direction Faces: West
• Directions: Whickham/Lake Washington go East to Cambridge Lane on your right
• Entry Level: 2
• Exterior Features: Balcony, Courtyard
• Flooring: Carpet, Vinyl
• HOA Fee: 355
• HOA Frequency: Monthly
• HOA Name: Nexus Real Estate
• Heating: Central, Electric
• Interior Features: Breakfast Bar, Ceiling Fan(s), Pantry
• Levels: Two
• Listing Terms: Cash, Conventional
• Living Area Source: Public Records
• Lot Size Area: 0.06
• Lot Size Square Feet: 2614
• Lot Size Units: Acres
• MLS Area Minor: 323 - Eau Gallie
• Main Type: Residential
• Parcel Number: 27-37-07-00-00794.2-0000.00
• Parking Features: Assigned, Other
• Pets Allowed: No
• Possession: Close Of Escrow
• Road Surface Type: Asphalt
• Roof: Shingle, Other
• Sewer: Public Sewer
• Special Conditions Details: Standard
• Stories Total: 2
• Tax Annual Amount: 1305
• Tax Year: 2023
• Water Source: Public