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2716 Riverview Drive, Melbourne, FL 32901

No

BUILDINGS

$1,100,000

LISTING PRICE

3,194

SQUARE FEET

Multi Family

TYPE

Year Built: 1927

Subdivision: Riverview Heights Subd

MLS#: 1033586


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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This listing is courtesy of Keller Williams Realty Brevard. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

  • 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

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