Prime Multifamily Investment Opportunity in Historic Downtown Melbourne Own a piece of iconic Florida architecture with stunning Indian River views, just minutes from Historic Downtown Melbourne. Situated on a half-acre lot, this turn-key investment features five rental units across two buildings, offering a mix of unit sizes to cater to various tenant needs. -5 Rental Units: Two studios, one one-bedroom, and two two-bedrooms. -Zoned Commercial Multi-Family Residential 2 to 9 units. -Strong Rent Potential: Diverse unit types appeal to a range of tenants, ensuring consistent cash flow. -Prime Location: Close to Downtown Melbourne’s shops, dining, and attractions, with easy access to the Indian River and local parks. -Dual Parking Areas: Two separate parking areas provide ample, parking for tenants. This property offers multifamily investors a turn-key opportunity with income potential and room for expansion. A great balance of location, charm, and growth opportunity.
Property Details
Price:
$1,100,000
MLS #:
O6269201
Status:
Active
Beds:
0
Baths:
0
Address:
2716 RIVERVIEW DRIVE UNIT A
Type:
Commercial
Subtype:
Multi Family
Subdivision:
RIVERVIEW HEIGHTS SUB
Neighborhood:
32901 – Melbourne
City:
MELBOURNE
Listed Date:
Jan 8, 2025
State:
FL
Finished Sq Ft:
3,316
Total Sq Ft:
3,316
ZIP:
32901
Lot Size:
21,344 sqft / 0.49 acres (approx)
Year Built:
1927
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
More About GaryMortgage Calculator
Schools
Interior
Cooling
Central Air, Wall/ Window Unit(s)
Flooring
Vinyl
Exterior
Construction Materials
Wood Frame, Wood Siding
Parking Features
1 to 5 Spaces, Common
Roof
Metal, Shingle
Financial
Tax Year
2024
Taxes
$6,006
Map
Community
- Address2716 RIVERVIEW DRIVE UNIT A MELBOURNE FL
- SubdivisionRIVERVIEW HEIGHTS SUB
- CityMELBOURNE
- CountyBrevard
- Zip Code32901
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Courtesy of KELLER WILLIAMS RLTY,BREVARD. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved. 2716 RIVERVIEW DRIVE UNIT A
MELBOURNE, FL
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