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Under-Construction Quadplex with Garages
For Sale
$1,299,900

168-198 Hidden Woods Place, Melbourne, FL 32901

Residential Income, Melbourne, FL

Property SizeContact for details
Lot Size0.10 Acres
Days on Market482

Property Features for 168-198 Hidden Woods Place

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Property condition Under Construction
Bedrooms 14
Bathrooms 11
Full bathrooms 9
Half bathrooms 4
Rooms Bedroom 5, Bathroom 11, Bathroom 8, Bathroom 3, Bedroom 11, Bedroom 9, Bathroom 6, Bedroom 7, Bedroom 2, Bathroom 12, Bedroom 6, Bathroom 1, Bedroom 8, Bedroom 1, Bedroom 12, Bathroom 13, Bedroom 13, Bedroom 14, Bathroom 7, Bathroom 5, Bathroom 9, Bathroom 2, Bedroom 10, Bathroom 4, Bathroom 10, Bedroom 4, Bedroom 3
Parking features Garage
Appliances Dishwasher, Electric Range, Microwave, Refrigerator
Elementary school University Park
Middle school Stone
High school Palm Bay
Directions From Palm Bay rd, turn left on Babcock, about a mile turn right onto Lake in the woods Dr. Take another left onto beck lake trail. Follow the road all the way to where it dead ends, townhouses on your left.
Subdivision 330 - Melbourne - Central
Standard status Active
APN 28-37-21-01-00000.0-0005.00
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description HIDDEN WOODS LOT 5
HOA Fee $180 Monthly
Legal Description HIDDEN WOODS LOT 5

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Amenities

covered porches

Building Details

Floors in Building 2
Number of units 4
Flooring type Vinyl
Building materials Concrete, Stone, Stucco, Composition Siding
Roof type Shingle
Listing Agency: Waterman Real Estate Inc.
Listed By: Meili Viera Porter
Added: Apr 28, 2025 Changed: Aug 21 Last Checked: Aug 22 at 11:06PM
MLS# 1044489

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This under-construction quadplex comprises four individually deeded townhomes, creating separate ownership interests within one income-producing property. The two end units offer 4 bedrooms, 2.5 bathrooms, lofts, one-car garages, first-floor primary suites, and over 1,800 sq. ft. each. The two interior units provide 3 bedrooms, 2.5 bathrooms, one-car garages, and over 1,600 sq. ft. each. Construction details include concrete block, impact windows, stone accents, covered porches, composition shingle roofing, vinyl flooring, and central air conditioning. Appliances include dishwashers, electric ranges, microwaves, and refrigerators.

The property is fully leased and has no rental restrictions stated in the listing. Public water and sewer serve the site, with cable availability also noted. Located in Melbourne, Florida, the asset offers four separately deeded townhome units that may support future resale or financing flexibility.

Key Highlights

  • Four‑unit quadplex currently fully leased
  • Two end units each have 4 beds, 2.5 baths, a loft, 1‑car garage, first‑floor Primary Suite, and over 1,800 sq. ft.
  • Two interior units each include 3 beds, 2.5 baths, a 1‑car garage, and over 1,600 sq. ft.

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

676
Businesses Nearby

Demographics for 32901, FL

26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully leased four-unit property with individually deeded townhomes and flexible rental options.
Where is this quadplex located?
The property is located at 168-198 Hidden Woods Place Melbourne, FL.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: Four‑unit quadplex currently fully leased; Two end units each have 4 beds, 2.5 baths, a loft, 1‑car garage, first‑floor Primary Suite, and over 1,800 sq. ft.; Two interior units each include 3 beds, 2.5 baths, a 1‑car garage, and over 1,600 sq. ft.
More about this property
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