2716 RIVERVIEW DR #A Active Save Request In-Person Tour Request Virtual Tour
Melbourne,FL 32901
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,194 sqft
Price per Sqft $344
Subdivision Riverview Heights Sub
MLS Listing ID O6269201
Year Built 1927
Annual Tax Amount $6,006
Lot Size 0.490 Acres
Property Sub-Type Multi Family
Property Description
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.
Location
State FL
County Brevard
Community Riverview Heights Sub
Area 32901 - Melbourne
Zoning R3(15)
Interior
Cooling Central Air,Wall/Window Unit(s)
Flooring Vinyl
Exterior
Parking Features Parking Spaces - 1 to 5,Common
Utilities Available Electricity Available,Water Connected
View Y/N Yes
Roof Type Metal,Shingle
Building
Lot Description Historic District,Paved
Story 2
Foundation Slab
Sewer Private Sewer
Water Public
Structure Type Frame,Wood Siding
New Construction false
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None