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For SaleMulti-Family
$650K
2612 Tree Ridge Lane NE, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Pinehurst
8
Bedrooms
3
Bathrooms
3,480
Sq Ft
1984
Year Built
$187 /sqft

About This Property

Description from listing agent

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.

Space Coast Context

🚀 Launch Viewing — Fair Views

37.2 mi from SLC-40

37.2 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris5.2 mi~12 min
Northrop7.1 mi~16 min
Blue Origin31.3 mi~1h 10m
SpaceX32.4 mi~1h 12m
Lockheed32.4 mi~1h 12m
Boeing/KSC34.2 mi~1h 16m
KSC34.7 mi~1h 17m

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 1/31/26
    Listed
    $650K
    $187/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.47 acres (20,473 sqft)
Full Baths
3
Garage
4 car
Days on Market
141
MLS Area
340 - NE Palm Bay

Schools

Elementary

Riviera

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Feb 1, 2026
Parcel #
28-37-28-01-0000a.0-0006.00
$650K

Listing Agent (for property info)

L
Lindsay Ortagus Norton
RE/MAX Solutions
321-848-8379
Call Listing Agent

Estimated Monthly Payment

$4,225/mo
Principal & interest
$3,425
Property taxes
$650
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $650K price — down payment shown: $130,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1068168

Interested in this property?

Equal Housing Opportunity

MLS# 1068168 · Listing Broker: RE/MAX Solutions · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.