837 Hickory ST new Save Request In-Person Tour Request Virtual Tour
Melbourne,FL 32901
Key Details
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $327
Subdivision Riverside Drive
MLS Listing ID RX-11135279
Construction Status Resale
Year Built 1979
Annual Tax Amount $10,031
Tax Year 2024
Lot Size 0.360 Acres
Property Sub-Type MultiFamily (5+ Units)
Property Description
Turnkey 8-Unit Multifamily Investment - Prime Melbourne, FL Location 5% CAPDiscover a high-performing 8-unit multifamily CBS building offering stable income and modern upgrades in a strong Space Coast rental market. Each unit is a 1 bed / 1 bath layout with updated interiors and a consistent rental history. With 5,500 SF of rentable area on 0.36 acre, this property provides an ideal balance of density, parking convenience, and long-term tenant retention. The property features a new metal roof (2020), electrical panels, appliances, HVAC, resurfaced/striped parking lot, and freshly painted.
Location
State FL
County Brevard
Area 5940
Zoning Multifamily
Interior
Heating Central,Electric
Cooling Ceiling Fan,Central,Electric
Flooring Tile
Fireplaces Type Smoke Detector
Exterior
Utilities Available Cable,Electric,Public Sewer,Public Water
Roof Type Metal
Building
Story 100.00
Foundation CBS,Stucco
Construction Status Resale
Others
Security Features None
Acceptable Financing Cash,Conventional,Exchange
Listing Terms Cash,Conventional,Exchange
Financing Cash,Conventional,Exchange
Virtual Tour https://www.propertypanorama.com/837-Hickory-Street-Melbourne-FL-32901/unbranded