911-919 E New Haven AVE Active

Melbourne,FL 32901

$ 2200000

6 Beds

0 Bath

8607 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,607 sqft

Price per Sqft $255

Subdivision Camps Plat Of Melbourne

MLS Listing ID 1001219

Bedrooms 6

Year Built 1920

Annual Tax Amount $10,256

Tax Year 2023

Lot Size 6,534 Sqft

Property Sub-Type Multi Family

Property Description

Excellent opportunity to purchase a 5-unit mixed-use building in the heart of Downtown Melbourne! 911-919 New Haven has 2 commercial units + 2 residential units. 1st Floor = 1,548 SF Ice Cream Store + 2,169 SF Gift Shop. 2nd Floor = one 3/1 apartment + one 3/2 apartment. 2016 Melbourne Court is an 864 SF coffee shop. Est. proforma NOI is $142,200 (6.5% CAP). High foot traffic area with exposure to est. 15,000 VPD on New Haven Avenue. C3 Zoning allows Office, Retail, Short Term Rentals, Restaurants & more! Close proximity to Hotel Melby, Highline Apartments, and all of the other beaches, restaurants, and shopping that the area has to offer. Melbourne International Airport is less than a 10-minute drive away which is significant as TUI Airlines flies est. 156,000 tourists to Melbourne annually. Call today for a tour!

Location

State FL

County Brevard

Area 330 - Melbourne - Central

Interior

Heating Central

Cooling Central Air

Exterior

Exterior Feature Balcony

Utilities Available Electricity Connected,Natural Gas Available,Sewer Available,Water Connected

Building

Lot Description Historic Area

Story 2

Water Public

New Construction No

Schools

Elementary Schools University Park

High Schools Melbourne

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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