MAJOR PRICE REDUCTION! Freshly painted & turn key! Cozy and bright fully furnished duplex ready for you to move in! Live in one & rent out the other! Each side of the duplex is a 2 Bedroom, 1 Bath. Freshly painted exterior, brand new windows, back doors, water heater, and freshly painted interior! Each unit is 808 sq ft and has its own laundry room. Separate electric and water meters. Plenty of parking. Close to beaches, intercostal and easy access to 95 & the airport. Downtown Eau Gallie is just a short walk with lots of restaurants and shops! Schedule your showing today!
MAJOR PRICE REDUCTION! Freshly painted & turn key! Cozy and bright fully furnished duplex ready for you to move in! Live in one & rent out the other! Each side of the duplex is a 2 Bedroom, 1 Bath. Freshly painted exterior, brand new windows, back doors, water heater, and freshly painted interior! Each unit is 808 sq ft and has its own laundry room. Separate electric and water meters. Plenty of parking. Close to beaches, intercostal and easy access to 95 & the airport. Downtown Eau Gallie is just a short walk with lots of restaurants and shops! Schedule your showing today!
Multi-Family Opportunity!!! Three unique income producing manufactured homes on two side by side lots. 540 Ann Ave (TAX ID 2718723) is a 3 bedroom, 1.5 bath, manufactured home with an addition with central air. 548 Ann Ave (TAX ID 2718724) has two manufactured homes on the property. Unit A is the 1 bedroom, 1 bath on the back of the lot that has been completely remodeled inside in past couple of years. Unit B is a 3/1 bath with an addition. All units are on their own electric meters and septic systems. Located on the backside of each lot is a shed with well pump and washer/dryer hookups.
Here's your chance to own an income property w/ positive cash flow, which will allow residential financing. This is fully occupied w/ great tenants & PERFECT LOCATION! It's in the heart of Historic Eau Gallie, in the downtown Art district, near different restaurants & bars all within walking distance; 15 min to St Patrick Air Force Station & FIT. Beautiful & peaceful neighborhood. Clean, spacious 4 units total, all identical configuration: 1 BED + BONUS ROOM, 1 bath, kitchen/living area & private laundry room. Appliances included: 4 fridges, 3 stoves, 3 washers, 3 dryers. Separate electric meters. Units are always fully occupied, very high demand. Please DO NOT disturb tenants.
Owner will consider all reasonable offers. INVESTMENT OPPORTUNITY. 3/2 2nd floor condo in highly desirable Cypress Cove at Suntree in Melbourne. 1 of 2 3/2 for sale in same complex. Purchase both and add to your investment portfolio. Owner will consider all offers on one or both properties. Stainless steel appliances, tile and carpet throughout. Lovely balcony. Community offers pool, spa, clubhouse with gym, tennis courts, etc. Walking distance to shopping and restaurants. Beaches are 15 minutes away. Zoo is 5 minutes away. Currently has tenant under a year lease that expires April 30th 2025.
This is a rare opportunity to own 11 units in the sought-after Eau Gallie Arts District at the Libbyan Apartments.Built in 1925/1964, this historic property has been completely renovated, preserving its old-world charm while modernizing its amenities.Six of the 11 units have been fully updated, offering an excellent opportunity for a new owner to renovate the remaining five units and increase rents. The property requires minimal maintenance, featuring artificial grass throughout the grounds.The unit mix is highly attractive, consisting of six one-bedroom, one-bath units,two studios, and three two-bedroom, one-bath units.Currently, the property generates a gross income of $170,460, with one unit vacant. Significant upgrades have already been completed to the property (see list). This is your chance to capitalize on a unique investment in a vibrant, up-and-coming area. Don't miss out on owning a fantastic asset with both historical significance and modern comforts.
RARE DUPLEX / MULTIFAMILY OPPORTUNITY with two separate homes on one lot in the heart of Eau Gallie's vibrant Arts District (EGAD). The front dwelling includes 2 bedrooms and 2 bathrooms, while the charming rear cottage offers 1 bedroom and 1 bathroom. Situated on a quiet street just blocks from the area's lively attractions, this property offers the advantage of a prime location along with a steady income stream, as both units are currently rented on a long-term basis, with current leases expiring 12/31/24 and 3/31/25, respectively. EGAD, Eau Gallie's dynamic downtown area, is a short stroll away, offering a diverse mix of shops, fantastic restaurants, art galleries, and family-friendly spots like the Intracoastal Brewery. Enjoy nearby bakeries, the post office, civic center, and Eau Gallie Pier—all contributing to the district's lively, creative atmosphere. Newer roofs installed in June 2019.
FULL DUPLEX - BOTH SIDES - 1569- Right Side - 1 story, 2 bedroom , 1 bath, 1 car garage . Updated/remodeled 2023, New A/C 2022, New bath, Luxury vinyl flooring, tile in bath and kitchen, new appliances. Potential Monthly Rent $1450 + 1563-Left Side - 2 story, 1 bed, 1 bath upstairs, 1 car garage. Replumbed 2023, tile flooring throughout kitchen and living area. Monthly Rent $1250+ Leased until April on a 7 month lease. Both sides - New Roof 2013, Newer water heaters 2020 , exterior paint '18-'19, Replumbed, Interior Paint and Carpet 2024. New gutters, garage door openers, fence.
Price Reduced $100k! Imagine living on the water, sipping coffee while the sun rises and manatees swim by. This property offers that possibility! Come see your multifamily 8-unit, RIVERFRONT property located in Eau Gallie, Florida on the Indian River Lagoon. Separated into 4 buildings, the property consists of (6) studios, (1) 1 bed/bath, and a 3/2.5 bath main house. The main house has incredible river views with a large deck and sitting area, great for relaxing or entertaining. From your private dock, you and your guests can enjoy fishing or launching kayaks from the tranquil Indian River Lagoon. Want more? Your property is just a short distance from the Historic Eau Gallie Art District where you can enjoy shopping, dining, and entertainment. House has new Roof and new 2 HVACs!! New Sewer! Seller Financing!
Excellent opportunity to purchase a concrete block duplex within walking distance to the Downtown Eau Gallie Arts District (EGAD). Property has two units of 624 SF = 1,248 SF total. Originally constructed as a duplex, then converted to a law office, current use is Air B&B. There are two electric meters, two HVAC units and one water meter. One side is a 1/1 and the other side is a 2/1. Zoning is City of Melbourne Central Business District (C-3) which allows Air B&B, Office, Retail, Medical, Restaurant, Wholesaling & more! Property is easily accessible via nearby Eau Gallie Boulevard which is a direct connector to Interstate 95, Wickham Road, US1 and the beaches! Surrounding businesses include Intracoastal Brewing, Tomahawk Robotics, Sorensen Moving & Squid Lips to name a few.
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 32935 has a population of 79,640. Melbourne 32935 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 32935 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 32935 is 45.5 years.
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.