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4865 N US Highway 1
Melbourne, FL 32935
RIVERFRONT ~ MULTI-FAMILY ~ CASH COW · Multifamily Property For Sale
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9 Units
Investment Highlights
- RIVERFRONT ~ 9 UNITS ~ CASH COW
Property Facts
| No. Units | 9 | Lot Size | 1.24 AC |
| Property Type | Multifamily | Building Size | 6,802 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built | 1951 |
| Zoning | CP | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.24 AC |
| Building Size | 6,802 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1951 |
| Zoning | CP |
About 4865 N US HIGHWAY 1 , MELBOURNE, FL 32935
Here is your chance to buy an income producing direct riverfront property that will pay you to own it! Consisting of 3 separate structures with 9 apartments total and One 3 bedroom/2 bath home. Earn a nice return or be re-purpose to build your dream home. Lot is 1.24 acres with a coquina sea wall, city water and sewer hookup available too. Ideally located in North Melbourne (Palm Shores Proper) with $93,000 in gross income, take advantage of this investment opportunity today!
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $1,600 | - |
| Studios | 1 | $600.00 | - |
| 1+1 | 7 | $680.00 | - |
Property Taxes
| Parcel Number | 26-37-29-DT-00000.0-0026.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $654,470 |
Property Taxes
Parcel Number
26-37-29-DT-00000.0-0026.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$654,470
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