500 N Wickham Rd | Melbourne, FL 32935
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
500 N Wickham Rd
Melbourne, FL 32935
The Park at Parma · Multifamily 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 | Multifamily | Average Occupancy | 85% |
| Property Subtype | Apartment | No. Stories | 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 | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 10.01 AC |
| Building Size | 150,825 SF |
| Average Occupancy | 85% |
| No. Stories | 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 Center
- Clubhouse
- Fitness Center
- 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 | $17,564,190 |
PROPERTY TAXES
Parcel Number
27-36-24-00-00750.2-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$17,564,190
zoning
| Zoning Code | CCP(15) |
| CCP(15) |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
