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5041 N BEACH ROAD UNIT 3A and 3B

Condo/Co-op For Sale
$624,900

BTC: 9.76406250

ETH: 347.16666667

139 days
Waterfront
3 bds
2 ba
1,536 sqft

Overview

FABULOUS WATERFRONT VIEWS DIRECTLY ON LEMON BAY AND DEEDED BEACH ACCESS!! If you are a buyer searching for the ideal remedy for the winter blues or an investor seeking an income-producing property, look no further. TWO income-producing units with a strong rental history and direct access to Lemon Bay and its breathtaking sunrises are now available for the price of ONE. Upstairs, you will find Unit 3-A, a 2-bedroom, 1-bath light-filled unit with picturesque views of Lemon Bay. Unit 3-B is below and offers one bedroom (with a King bed) and one bath. Both units provide extensively updated interiors, including kitchens and baths, new coastal furnishings and decor, updated flooring, impact windows and sliders, and washers/dryers. Both units are sold turnkey furnished and are rent-ready immediately. Palm Bay is a charming 10-unit complex located within one mile, as the seagull flies, of Englewood Beach, with deeded beach access within a short walk across the street. All units showcase spectacular sunrise views over Lemon Bay, and a short walk to the beach allows one to enjoy panoramic sunset views. Shopping, restaurants, and boat rentals are readily available nearby.

Location

Details

Type:
Residential
Parking:
Assigned / Common / Guest / None
Year Built:
1981
Lot:
0.02 Acres
Heating:
Central / Electric
Price/sqft:
$407
Cooling:
Central Air / Mini-Split Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$537,400
$295K – $637K
Confidence Low
List vs. estimate
$87K above estimate
List $624,900 · +16.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$406
+91.9% vs. city median $212
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,123
2024
View
Water
Waterfront
Bay/Harbor
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Luxury Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    Appliances

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Living Room/Dining Room Combo

    • Solid Surface Counters

    • Split Bedroom

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Common

    • Guest

    • None

    Property

    • Levels: One

    • Exterior Features: Sliding Doors

    Lot

    • Lot: 0.02 Acres

    Other Property Information

    • Parcel Number: 411902634003

    • Zoning: MMF10

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Available

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA Frequency: Quarterly

    • Annual tax amount: $5,123

  • Source details

    • MLS ID: D6145601

    Other facts

    • Construction Materials: Block / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Closet

    • Lot Features: FloodZone / In County

    • Patio And Porch Features: Covered / Enclosed / Patio / Porch / Screened

    • Direction Faces: West

    • Waterfront: Yes

    • Water Body Name: LEMON BAY

    • Living Area: 1536

    • Water Source: Public

    • Lot Size Dimensions: 23 x 38 x 23 x 38

    • Subdivision Name: PALM BAY

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PARADISE EXCLUSIVE INC