FL > Melbourne > Riverside Drive
Melbourne, FL 32901,837 Hickory ST
Melbourne, FL 32901,837 Hickory ST
Melbourne, FL 32901,837 Hickory ST
22
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Listed by Nex Gen Realty & Property Mgnt
$1,800,000
Est. payment /mo
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8 Baths
5,500 SqFt
New

837 Hickory ST Melbourne, FL 32901

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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

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Idline Dulcio

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837 Hickory ST