Melbourne FL Multi Family for Sale
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1926
- Baths:
- MLS#:
- O6242336
- Subdivision:
- Camps Plat Of Melbourne
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Courtesy: PINEAPPLE PLACE REALTY, LLC
407-497-8563
Andrea Aylett-Hosch
ADDITIONAL INFORMATION
TURN-KEY vacation rental investment opportunity 2 blocks from Historic Downtown. Operated as a professionally managed STR since 2018, the Lincoln Guest House has broad appeal to vacationers, students and professionals. This Spanish Colonial quadraplex apartment offers four one-bedroom/one-bath apartments metered separately. The units are fully furnished and thoughtfully decorated with a mix of modern aesthetic and old-Florida charm. The quad is within walking distance of restaurants, bars, shops with Indialantic beaches just over the causeway and easy access to US1 and A1A. Established STR operation with high occupancy currently listed on Airbnb, VRBO, direct website and mid-term channels. Professionally managed, property has a long income history, streamlined operations and software stack to optimize occupancy and rates. This is a great passive investment opportunity, turnkey self-managed STR or 1031 exchange. Professional management with Superhost status can continue. Improvements: new roof installed 2023 and 4 high-efficiency ductless AC systems also installed in 2023. Flexible C1 mixed-use zoning. Gross income of $110,000 (3 yr avg) with very high occupancy and steady income.
- Type:
- Duplex
- Sq.Ft.:
- 1,356
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.14 Acres
- Year built:
- 1939
- Baths:
- MLS#:
- 1017903
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Courtesy: RE/MAX Alternative Realty
321-777-4111
ADDITIONAL INFORMATION
AMAZING OPPORTUNITY TO OWN A REDONE DUPLEX IN DOWNTOWN MELBOURNE ON THE AVENUE!! This FULLY FURNISHED stylish duplex comes completely furnished with all artwork, linens and more. With the modern industrial design makes for the perfect Downtown retreat. This is a high income producing investments $46,800 gross and NET appx $36,000 a YEAR. PLUS, SO MUCH REDVELOP POTINEIAL, ZONING ALLOWS UP TO UNITS 14 UNITS ON THIS LOT!! BEST ZONING IN BREVARD COUNTY. OWNER FINANCING AVALIBLE WITH 50% DOWN.. DO NOT DISTURB TENANTS!! DO NOT PULL INTO PROPERTY WITHOUT TALKING TO AGENT. DO NOT GO ONTO PROPERTY! DRIVE BY ONLY!!
$2,200,000
E New Haven Avenue Melbourne, FL 32901
- Type:
- Other
- Sq.Ft.:
- 8,607
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- 1001219
- Subdivision:
- Camps Plat Of Melbourne
View additional info
Courtesy: The Ullian Realty Corporation
321-729-9900
ADDITIONAL INFORMATION
Excellent opportunity to purchase a 5-unit mixed-use building in the heart of Downtown Melbourne! 911-919 New Haven has 2 commercial units + 2 residential units. 1st Floor = 1,548 SF Ice Cream Store + 2,169 SF Gift Shop. 2nd Floor = one 3/1 apartment + one 3/2 apartment. 2016 Melbourne Court is an 864 SF coffee shop. Est. proforma NOI is $142,200 (6.5% CAP). High foot traffic area with exposure to est. 15,000 VPD on New Haven Avenue. C3 Zoning allows Office, Retail, Short Term Rentals, Restaurants & more! Close proximity to Hotel Melby, Highline Apartments, and all of the other beaches, restaurants, and shopping that the area has to offer. Melbourne International Airport is less than a 10-minute drive away which is significant as TUI Airlines flies est. 156,000 tourists to Melbourne annually. Call today for a tour!
$599,900
406 Bluff Drive Melbourne, FL 32901
- Type:
- Other
- Sq.Ft.:
- 3,324
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.57 Acres
- Year built:
- 1925
- Baths:
- MLS#:
- 952632
View additional info
Courtesy: Real Estate Solutions Brevard
321-610-1550
ADDITIONAL INFORMATION
This property is over 1/2 an acre, just 2 blocks from the Indian River Lagoon, and is located between the Historic Downtown Eau Gallie & Downtown Melbourne. This property is zoned for 6 units. The frontage is currently a historic Quadplex building with an attached apartment and additional apartment. Additionally, a 6-car detached garage. There are 5 kitchens, 4 fireplaces and 6-carports.All units need to be refurbished. New roof 2024 on the front quadplex and apartment. The large lot recently cleared of all trees & shrubs. 6 units with additional income possibilities from 6 garage units. This home is grandfathered in with multiple benefits (i.e. multiple living,city water/sewer,well). This historic home could be turned into a beautiful Airbnb or Bed & Breakfast with large apartments. A Jimmy Buffett- themed riverfront hotel-marina resort & a 55-acre Lagoona Beach Lagoon & shopping center coming soon.Estimate of $300K for complete refurbish for move-in ready units Great ROI opportunity
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Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Space Coast Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than the owner of this site are marked with the Space Coast Association of REALTORS®, Inc. logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Space Coast Association of REALTORS®, Inc. All rights reserved.
Melbourne Real Estate
The median home value in Melbourne, FL is $196,500. This is lower than the county median home value of $202,800. The national median home value is $219,700. The average price of homes sold in Melbourne, FL is $196,500. Approximately 49.76% of Melbourne homes are owned, compared to 35.78% rented, while 14.46% are vacant. Melbourne real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Melbourne real estate agent to arrange a tour today!
Melbourne, Florida 32901 has a population of 79,640. Melbourne 32901 is less family-centric than the surrounding county with 21.44% of the households containing married families with children. The county average for households married with children is 23.28%.
The median household income in Melbourne, Florida 32901 is $43,159. The median household income for the surrounding county is $51,536 compared to the national median of $57,652. The median age of people living in Melbourne 32901 is 45.5 years.
Melbourne Weather
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 49.2 degrees. The average rainfall is approximately 53.1 inches per year, with 0 inches of snow per year.