500 N Wickham Rd | Melbourne, FL 32935
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500 N Wickham Rd
Melbourne, FL 32935
The Park at Parma · Residential Property For Sale · 151 Units
Investment Highlights
- Opportunity to Acquire a 151-unit Value-Add Concrete Block Community in Melbourne on Florida’s High-Tech Space Coast
- Significant Value-Add Opportunity to Renovate 100% of Units and Raise Market Rents by $250
- Favorable Unit Mix of Majority Two Bedroom Functional Floor Plans
- Over $2.1 Million in Property-Wide Capital Improvements in the Last Five Years
- The Space Coast is a Nationally Acclaimed High-Tech Growth Market
- Extensive Amenity Package with Ability to Enhance
PROPERTY FACTS
| No. Units | 151 | Building Size | 150,825 SF |
| Property Type | Residential | Average Occupancy | 85% |
| Property Subtype | Apartment | Number of Floors | 2 |
| Apartment Style | Garden | Year Built | 1982 |
| Building Class | B | Parking Ratio | 1.66/1,000 SF |
| Lot Size | 10.01 AC |
| No. Units | 151 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 10.01 AC |
| Building Size | 150,825 SF |
| Average Occupancy | 85% |
| Number of Floors | 2 |
| Year Built | 1982 |
| Parking Ratio | 1.66/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer Hookup
- Heating
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Range
- Carpet
- Wheelchair Accessible (Rooms)
Site Amenities
- Business Centre
- Clubhouse
- Fitness Centre
- Picnic Area
- Pool
- Tennis Court
- Breakfast/Coffee Concierge
- Grill
- Laundry Service
- Pet Play Area
- Racquetball Court
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 425 |
| 2+2 | 148 | - | 1,000 |
| 3+2 | 2 | - | 1,200 |
PROPERTY TAXES
| Parcel Number | 27-36-24-00-00750.2-0000.00 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £13,758,030 |
PROPERTY TAXES
Parcel Number
27-36-24-00-00750.2-0000.00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£13,758,030
zoning
| Zoning Code | CCP(15) |
| CCP(15) |
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