1248 Highland AVE Melbourne, FL 32935
3 Beds
1,823 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,823 sqft
Price per Sqft $415
MLS Listing ID 1047748
Bedrooms 3
HOA Y/N No
Total Fin. Sqft 1823
Year Built 1928
Annual Tax Amount $839
Tax Year 2023
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Multi Family
Source Space Coast MLS (Space Coast Association of REALTORS®)
Property Description
BUSINESS OPPORTUNITY:
Looking for a BED & BREAKFAST or AirBNB venture? This fully furnished 1928 historic home is currently generating income as a part-time Airbnb rental and offers the possibilities for a great and much needed full-time Bed & Breakfast in the area.
Situated just a 4-minute walk from the vibrant Downtown Eau Gallie Arts District, a 3-minute stroll to the river and boat docks, and 8 minutes to the Popular Cocoa Beach, this property is ideally located to attract guests year-round.
How do you convert this single family into a Bed & Breakfast? Turn the spacious detached 2-car workshop, and fully equipped RV spots into additional living quarters for nightly rentals. Per City of Melbourne, you need one parking space per guest suite, and there is plenty of space within the limits of this property. The possibilities are endless.
PROPERTY HIGHLIGHTS:
This beautifully restored 1928 home was remodeled in 2007 to preserve its original period style while incorporating modern conveniences. Set on a 1/3-acre corner lot, the property features two entrances, a paved driveway, and ample parking for residents and guests. The detached 2-car workshop offers potential for conversion into a guest house, in-law suite, or private studio. Additionally, a detached shed awaits transformation into host quarters (if you go the B&B route), a she-shed, or creative retreat
A welcoming front porch provides an ideal spot for guests to relax and enjoy the neighborhood's ambiance. The home boasts beautifully restored hardwood flooring, a formal living room, a cozy family area, a modern kitchen with stainless steel appliances, and a charming butler's pantry. A flexible room downstairs offers potential as a home office, den, or playroom. Upstairs, two generously sized bedrooms and two full bathrooms await. A third, smaller room is perfect for a nursery, private dressing room, or ensuite extension to the adjacent bedroom. An upstairs balcony offers views of the historic neighborhood and lush greenery.
PRIME LOCATION IN YOUR BACKYARD WITHIN 5 - 10 MINUTES
Guests will appreciate being just a 3-minute walk from the Eau Gallie Arts District, home to trendy bars, restaurants, galleries, and boutiques. Outdoor enthusiasts will enjoy being less than ten minutes from the beach and 3-5 minutes from boat docks, the marina, and peaceful spots for kayaking.
OTHER NEARBY ATTRACTIONS WITHIN 15-40 MINUTES
This charming home offers easy access to a variety of renowned attractions: watch rocket launches from the porch, visit the Kennedy Space Center, explore the Brevard Zooranked No. 6 in the US or depart on a cruise from the nearby Port Canaveral Cruise Terminal. Guests will have many reasons to stay.
Location
State FL
County Brevard
Area 323 - Eau Gallie
Direction Heading north on US1 turn right into Young Street, then left on Highland Ave
Interior
Heating Central
Cooling Central Air
Flooring Wood
Furnishings Furnished
Appliance Dryer, Microwave, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Balcony
Parking Features Additional Parking, Detached, Garage, RV Access/Parking, Unassigned
Garage Spaces 2.0
Fence Back Yard, Fenced, Full, Wood
Utilities Available Cable Connected, Water Connected
View City, Trees/Woods
Roof Type Metal,Shingle
Present Use Residential,Single Family
Street Surface Asphalt
Road Frontage City Street
Garage Yes
Private Pool No
Building
Lot Description Corner Lot, Few Trees
Faces East
Story 2
Sewer Septic Tank
Water Public
Level or Stories Two
Additional Building Workshop
New Construction No
Schools
Elementary Schools Creel
High Schools Eau Gallie
Others
Senior Community No
Tax ID 27-37-21-01-00000.0-0023.07
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/spc/1047748
