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Pending
  • $650,000

    2612 Tree Ridge Ln NE, Palm Bay, FL 32905

    8beds
    3,480sqft
    : 
    Quadruplex
    Built in 1984
    -- sqft lot
    $-- Zestimate®
    $187/sqft
    $-- HOA

    What's special

    Large parking lotEfficient layouts
    Well maintained quadplex in Palm Bay offering solid, steady income with additional upside. The property consists of four two bedroom, one bathroom units, with efficient layouts that have proven consistent rental demand. The units are individually metered and easy to manage, making this an attractive small multifamily asset. A massive car garage (960sqft) or workshop onsite is currently used for storage and provides supplemental income, with flexibility for future use subject to buyer due diligence. Large parking lot provides plent of spaces for tenants. The property has been actively managed and offers opportunities to improve performance over time without requiring immediate capital investment. This is a practical acquisition for buyers seeking a true four unit property with strong fundamentals, predictable operations, and long term value creation potential. Financials available upon request. Showings by appointment only. Do not disturb tenants.
    70 days
    |
    67
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 25, 2026 at 01:55pm

    Listed by:

    Lindsay Ortagus Norton 321-848-8379,

    RE/MAX Solutions

    Source: Space Coast AOR,MLS#: 1068168

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Separate Meters
      Cooling
      • Separate Meters
      Appliances
      • Included: Dishwasher, Electric Range, Refrigerator, Washer/Dryer Stacked
      • Laundry: In Unit
      Features
      • Flooring: Laminate
      • Has fireplace: No
      Interior area
      • Total interior livable area: 3,480 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage, Off Street, Parking Lot, Unassigned
      • Garage spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Balcony
      Lot
      • Size: 0.47 Acres
      • Features: Corner Lot
      Details
      • Additional structures: Workshop
      • Additional parcels included: 2836681
      • Parcel number: 283728010000a.00006.00
      • Special conditions: Owner Licensed RE

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Frame
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1984

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Not Available, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Water Meters

      Community & HOA

      Community
      • Subdivision: Pinehurst
      HOA
      • Has HOA: No
      Location
      • Region: Palm Bay

      Financial & listing details

      • Price per square foot: $187/sqft
      • Tax assessed value: $84,000
      • Annual tax amount: $8,162
      • Date on market: 2/1/2026
      • Listing terms: Cash,Conventional
      • Tenant pays: Cable TV, Electricity, Pest Control, Telephone, Water
      • Income includes: Storage
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        2/25/2026Pending sale$650,000$187/sqft
        Source: Space Coast AOR #1068168 Report a problem
        2/1/2026Listed for sale$650,000+381.5%$187/sqft
        Source: Space Coast AOR #1068168 Report a problem
        8/29/2024Listing removed--
        Source: Space Coast AOR #1021732 Report a problem
        8/17/2024Price change$1,500-6.3%
        Source: Space Coast AOR #1021732 Report a problem
        8/9/2024Listed for rent$1,600
        Source: Space Coast AOR #1021732 Report a problem
        8/9/2010Sold$135,000-15.1%$39/sqft
        Source: Agent Provided Report a problem
        5/29/2010Listed for sale$159,000$46/sqft
        Source: ERA Showcase Properties and Inv #570404 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2017$2,410 +3.2%$84,000 +5%
        2016$2,336 $80,000

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $3,974/mo
        Principal & interest
        $3178
        Property taxes
        $796
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          Climate risks

          Neighborhood: 32905

          Getting around

          44 / 100
          Car-Dependent
          53 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Riviera
          • Middle: Stone
          • High: Palm Bay

          Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          Local experts in 32905

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