Melbourne FL Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
1,616
Status:
Active
Beds:
4
Lot size:
0.11 Acres
Year built:
1979
Baths:
MLS#:
1025032

ADDITIONAL INFORMATION

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!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1979
Baths:
MLS#:
12239047

ADDITIONAL INFORMATION

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!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.22 Acres
Year built:
1960
Baths:
5.00
MLS#:
1025063

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.2 Acres
Year built:
1959
Baths:
4.00
MLS#:
1022731
Subdivision:
Eau Gallie Village Plat Of

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1990
Baths:
MLS#:
1017561
Subdivision:
Cypress Cove At Suntree A Condo

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
8,971
Status:
Active
Beds:
6
Lot size:
0.4 Acres
Year built:
1925
Baths:
MLS#:
1016048

ADDITIONAL INFORMATION

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.

Type:
Duplex
Sq.Ft.:
1,745
Status:
Active
Beds:
3
Lot size:
0.2 Acres
Year built:
1930
Baths:
3.00
MLS#:
1013818
Subdivision:
Eau Gallie Village Plat Of

ADDITIONAL INFORMATION

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.

Type:
Duplex
Sq.Ft.:
2,657
Status:
Active
Beds:
3
Lot size:
0.3 Acres
Year built:
1980
Baths:
MLS#:
1005159
Subdivision:
Pelican Manor Sec 1

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
4,953
Status:
Active
Beds:
10
Lot size:
0.5 Acres
Year built:
1958
Baths:
2.00
MLS#:
982065

ADDITIONAL INFORMATION

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!

Type:
Duplex
Sq.Ft.:
1,248
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1952
Baths:
MLS#:
981622

ADDITIONAL INFORMATION

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.

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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.


Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable by is not guaranteed accurate by the MLS. Copyright 2024, St Augustine Board of Realtors. 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 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.

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.

Melbourne Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    288
    30-day change

Melbourne Schools and Demographics

Education near Melbourne, FL

Metric City County
High School Graduates 90.53 91.75
College Degree - 2 year 11.68 11.99
College Degree - 4 year 25.99 28.37
Graduate Degree 7.96 8.48
Expenditures per Student 8,466 8,466
Students per Teacher 15.1 14.2

Elementary Schools near Melbourne, FL

School Grades Students P/T Ratio ZIP
Croton Elementary School PK - 06 653 13.6 32935
Dr. W.J. Creel Elementary School PK - 07 972 13.3 32935
Harbor City Elementary School PK - 06 400 11.4 32935
Indialantic Elementary School PK - 06 762 15.2 32903
Jupiter Elementary School PK - 06 844 14.3 32908
Longleaf Elementary School PK - 06 599 15 32935
Manatee Elementary School PK - 06 835 15.5 32940
Meadowlane Intermediate Elementary School 03 - 06 929 15.5 32904
Oak Park Elementary School PK - 07 847 12.8 32796
Ocean Breeze Elementary School PK - 06 510 13.4 32937
Palm Bay Elementary School PK - 06 863 13.1 32905
Roy Allen Elementary School PK - 06 624 15.2 32935
Sabal Elementary School PK - 06 584 13 32935
Sea Park Elementary School PK - 06 343 11.8 32937
Sherwood Elementary School PK - 06 544 15.5 32935
Spessard L. Holland Elementary School PK - 06 427 13.3 32937
Sunrise Elementary School PK - 06 847 14.4 32909
Surfside Elementary School PK - 06 418 14.9 32937
University Park Elementary School PK - 06 635 12.4 32901
Viera Charter School KG - 08 837 14.7 32940

Middle Schools near Melbourne, FL

School Grades Students P/T Ratio ZIP
Andrew Jackson Middle School 07 - 08 595 17.5 32780
Central Middle School 07 - 08 1,237 18.2 32904
Delaura Middle School 07 - 08 699 17.1 32937
Gardendale Elementary Magnet School PK - 06 491 14.4 32953
Herbert C. Hoover Middle School 07 - 08 564 17.1 32903
James Madison Middle School 07 - 08 470 16.2 32796
John F. Kennedy Middle School 07 - 08 606 15.5 32955
Lyndon B. Johnson Middle School 07 - 08 787 17.1 32935
South Lake Elementary School PK - 06 507 13.7 32796
Southwest Middle School 07 - 08 905 17.1 32909
Stone Magnet Middle School 07 - 08 783 15.7 32901
Thomas Jefferson Middle School 07 - 08 650 16.7 32952

High Schools near Melbourne, FL

School Grades Students P/T Ratio ZIP
Bayside High School 09 - 12 1,643 20.8 32908
Cocoa High School 07 - 12 1,530 16.1 32926
EAU Gallie High School 08 - 12 1,714 18.4 32935
Heritage High School 09 - 12 1,825 19.8 32907
Melbourne Senior High School 09 - 12 2,131 20.1 32901
Merritt Island High School 09 - 12 1,594 19.4 32953
Palm Bay Magnet Senior High School 08 - 12 1,598 18.4 32901
Rockledge Senior High School 09 - 12 1,375 20.2 32955
Satellite Senior High School 09 - 12 1,319 19.4 32937
Space Coast Junior/Senior High School 07 - 12 1,528 19.8 32927
Viera High School 09 - 12 2,032 21.2 32940
Westshore Junior/Senior High School 07 - 12 956 17.7 32935

Ungraded Schools near Melbourne, FL

School Grades Students P/T Ratio ZIP
* Frances Walker Halfway House 07 - 12 27 4.5 32780
* Melbourne Center for Personal Growth 07 - 12 28 7 32934
* Project Search 12 - 12 42 8.4 32931
Brevard Achievement Center AE - AE 0 32955
Brevard Virtual Franchise 06 - 12 74 5.3 32922
Brevard Virtual Instruction (Course Offerings) 06 - 12 0 32922
Bridges BTC, Inc. AE - AE 0 32955
Cedar Academy(Center for Educational Development Achievement UG - UG 0 32955
Center for Drug Free Living 06 - 10 28 5.6 32926
Central Area Adult Education Day-Program AE - AE 0 32922
Central Area Adult Education-Night Program AE - AE 0 32922
Easter Seals Florida, Inc. AE - AE 0 32909
Fieldston Preparatory School KG - 12 105 15 32780
GED Testing AE - AE 0 32940
North Area Adult Education-Day Program AE - AE 0 32796
North Area Adult Education-Night Program AE - AE 0 32796
North/Central Area Alternative Learning Center 06 - 12 68 11.3 32922
Odyssey Charter School KG - 12 940 10.3 32909
Odyssey Space Coast Academy UG - UG 0 32909
Outward Bound 06 - 12 13 3.3 32775
Palm Bay High Adult Education AE - AE 0 32901
Riverdale Country Day School KG - 12 136 7.6 32905
South Area Adult Education-Day Program AE - AE 0 32901
South Area Adult Education-Night Program AE - AE 0 32901
South Area Alternative Learning Center 06 - 12 66 8.3 32935

Demographics near Melbourne, FL 32935

Metric Zip Code City
Neighborhood Type City Neighborhood
Population 79,640 568,183
Population Density 1,808 560
Median Age 45.5 47.1
People per Household 2.3 2.5
Median Household Income 43,159 51,536
Average Income per Capita 26,266 29,405