Last Updated: 12/7/2016 8:09 PM
Description for 2007 Pennwood Drive Melbourne, FL 32901
Location, location, location! This property has many potential uses & a great central location so close to Down Town Melbourne, shopping, restaurants, and so much more. At the moment this property is a duplex with both units being rented out. Unit A is 2 Bedroom, 1 bath, full kitchen, fireplace, 1 car garage w bath being rented out for $895. Unit B is a smart studio set up with full kitchen, full bath being rented out for $500 a month. Unit B has potential to add a bedroom for increased rent. Property has a driveway on both sides. Very nice sized back yard almost fully fenced. Electric is all copper wiring. City water and sewer. Both units have own meters. Great investment opportunity or home w/ someone who would like attached apt for family or extra income. Newer roof & a/c. Must see!
1,307 Sq. Ft. (approx)
City, Electric Water Heater
Cable TV, Electric, Sewer, Telephone
Electric Range/Cooktop, Refrigerator
Central Air, Electric
Exterior / Lot Features
53.0 ft x 135.0 ft
Current market conditions for 2007 Pennwood Drive
Active Market Trends
Median list price$249,900
Days on market86
Properties for sale879
Sold Market Trends
Median sold price$192,750
Sales to list price9,684.0%
Median sq ft price$117
Arrows indicate 90 day trend
Listing Price History for 2007 Pennwood Drive
Melbourne Real Estate
Melbourne is located in Florida. Melbourne, Florida 32901 has a population of 76,609.
The median household income in Melbourne, Florida 32901 is $42,216. The median household income for the surrounding county is $49,099 compared to the national median of $53,046. The median age of people living in Melbourne 32901 is 44.5 years.
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