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825 E University Blvd
Melbourne, FL 32901
Jasmine Cove · Multifamily Property For Sale
·
42 Units
Investment Highlights
- Unit Mix and Floorplans – 100% 2b/1b, 2 Story Apartments
- $200+ upside in rents based on nearby comps
- Minutes from Melbourne Beach, Downtown Melbourne, Florida Institute of Technology, major employers etc.
- Favorable Unit Mix: All units are 2b/1b townhome style floorplans
- ±$1,000,000 of capex completed since 2020
Property Facts
| No. Units | 42 | Lot Size | 2.08 AC |
| Property Type | Multifamily | Building Size | 37,800 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 1964 |
| Building Class | C | Parking Ratio | 2.28/1,000 SF |
| Zoning | R2 - Opprotunity Zone | ||
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 2.08 AC |
| Building Size | 37,800 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2.28/1,000 SF |
| Zoning | R2 - Opprotunity Zone |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Pet Play Area
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 42 | - | 900 |
Property Taxes
| Parcel Number | 28-37-10-79-00001.0-0000.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,786,980 |
Property Taxes
Parcel Number
28-37-10-79-00001.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,786,980
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