Zip Code
1563 Alexis Ter SE, Palm Bay, FL 32909
3 beds · 2 baths · 2,062 sq ft · Lot: 20,038 sq ft · Single Family Home · Last Sold: $22K in 2001 · Built: 2001
Est. Value:
$374K
Est. Rent:
$2.1K/month

1563 Alexis Ter SE Palm Bay, FL 32909

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3 beds · 2 baths · 2,062 sq ft · Lot Size: 20,038 sq ft · Single Family Home
Est. Property Value: $373,862

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1563 Alexis Ter SE is in the 32909 neighborhood of Palm Bay, FL. It is located in Brevard County and ZIP code 32909. This Single Family Home was built in 2001 and is approximately 24 years old. The single family home spans 2062 sq ft with 3 bedrooms and 2 bathrooms and sits on a 20038 sq ft lot. According to public records, it was last sold in 2001 for $22,000 and has a tax-assessed value of $329,030, which is $181 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1563 Alexis Ter SE Palm Bay, FL 32909 with Property Intel by Whitepages.

Investment Potential for 1563 Alexis Ter SE

The property has a current estimated value of $373,862, which is 40% above the zip median, based on public records. It last sold on March 22, 2001 for $22K. Projected long-term
is $25,200 annually ($2,100 per month) with a 90% occupancy rate.

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Long-Term

Gross Rental
$25,200 per year($2,100 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 32909 zip code
 
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Owners & Occupancy for 1563 Alexis Ter SE

This property is owned by Carolyn H Gillett. Owner contact information includes 5 phone numbers and 4 email addresses.

Property Owners

Cell Phone(321) ***-****View Cell Phone
Residence************
Landline(321) 725-5067
Distance from Property**********
Email Address*********@hotmail.comView Email

Property Ownership Information

Purchase DateMarch 22, 2001
Property Tax Amount$1,392 in 2024
Purchase Price$22,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 67
Resident 2********** age 64
Resident 3***************** age 64

Property Details for 1563 Alexis Ter SE

Property Details

Property Sq Ft

Living Area

2,062 sq ft

33% above market

Lot Size

20,038 sq ft

100% above market

Price Per Sq Ft

Living Area

$181 / sq ft

2% above market

Lot Size Area

$19 / sq ft

23% below market

Property condition, age, exterior, etc. for 1563 Alexi…
Longitude: -80.667217 Latitude: 27.959955 Parcel Number (APN): 29 3718-JR-2665-5…
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Market Benchmarks

Compare data for 1563 Alexis Ter SE in Brevard County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$373,862
$352,849
$21,012 (6%)
$469,783
-$17,855 (-4%)
YoY Price Change
1.8%
-311%
Year Built
2001
1990
11 years
Living Space
2,062 sq ft
1,630 sq ft
432 (27%)
$ Per Living Sq Ft
$181
$217
-$35 (-16%)
Lot Size
20,038 sq ft
9,599 sq ft
10439 (109%)
$ Per Lot Sq Ft
$19
$40
-$22 (-54%)

Net Operating Income
$19,987
-$2,265 (-11%)
Annual Revenue
$25,200
$29,400
-$4,200 (-14%)
$9,588
-$2,110 (-22%)
Net Operating Income
$19,987
-$2,265 (-11%)
Cap Rate
5.67%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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