2716 Riverview Drive

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Address: 2716 Riverview Dr, Melbourne, FL 32901, USA
Created date: January 9, 2025
Date last updated: January 18, 2025

Property Description

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,100,000
No. of Units: 5
Year Built: 1927
Lot Size: 3,194.00 Sq ft
Opportunity Zone: No
Price per unit: $220,000
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 4
Address: 2716 Riverview Drive, Melbourne, FL 32901, USA
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