Active

2716 RIVERVIEW DR #A

MELBOURNE FL, 32901

$1,100,000


$344.40 per sqft

Active

3,194 sqft

Commercial

Built in 1927

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.

O6269201

MLS ID

January 8, 2025

Listed

January 8, 2025

Updated

Map

2716 RIVERVIEW DR #A
MELBOURNE FL, 32901

Interior Features

Total Stories

2


Floor Description

Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.49 Acres


Lot Features

Historic District, Paved


Roof

Metal, Shingle


Sewer

Private Sewer

Other Property Details

Area Name

32901 - Melbourne


Taxes

$6,006


Tax Frequency

Annually


Association Fee Frequency

Monthly


Garage

No


Parking

Parking Spaces - 1 to 5, Common


View

No


County

Brevard


Municipality

28


Water Source

Public


Pool

No


Zoning

R3(15)

Listed by KELLER WILLIAMS RLTY,BREVARD
Listing Contact: 321-259-1170 

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Data last updated 1/8/2025, 6:27 PM UTC

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