2716 Riverview Drive, Melbourne, FL 32901
No
BUILDINGS
$1,100,000
LISTING PRICE
3,194
SQUARE FEET
Multi Family
TYPE
Status: Active
For More Information Call:
(321) 543-4374
Property Details:
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, one two-bedrooms, and one three bedroom -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.

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- Acreage0.49
- Area330 - Melbourne - Central
- BuildingsNo
- CityMelbourne
- CountyBrevard
- DirectionsHeading South from Estrow Bridge Ave (1-92) Turn Right unto US-1S, 2 Miles turn left on Lookout Terrace to Riverview Drive
- Fixer UpperNo
- General County LocationSouth
- Legal DescriptionRIVERVIEW HEIGHTS SUBD LOTS 1,2 N 20 FT OF LOT 3 EX W 120 FT BLK G
- List Price/SqFt$344.40 / sqft
- Listing ID1033586
- Listing StatusActive
- Number of Units2
- Prop TypeMulti Family
- Property TypeMultifamily
- SqFt - Living3,194 sqft
- State/ProvinceFL
- StatusActive
- Status Change DateWednesday, January 8th, 2025
- Street NameRiverview
- Street Number2716
- Street SuffixDrive
- SubdivisionRiverview Heights Subd
- Tax Year2024
- Taxes$6,006.27
- UnBranded Virtual TourClick Here
- Year Built1927
- Zip Code32901