Active

2716 Riverview Drive

Melbourne FL, 32901

$1,100,000


$344.40 per sqft

Active

6 Baths

3,194 sqft

Commercial

Built in 1927

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.

1033556

MLS ID

January 8, 2025

Listed

January 31, 2025

Updated

Map

2716 Riverview Drive
Melbourne FL, 32901

Interior Features

Total Stories

2


Total Bathrooms

6


Floor Description

Vinyl, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air, Window Unit(s)


Heating

Yes


Heating Description

Central, Other

Exterior/Building Features

Lot Size

0.49 Acres


Lot Features

Historic Area


Sewer

Private Sewer, Public Sewer

Other Property Details

Area Name

330 - Melbourne - Central


Taxes

$6,006


Tax Frequency

Annually


Garage

No


Parking

Varies by Unit


View

No


County

Brevard


Water Source

Public


Pool

No

Listing History

Date

Event

Price

1/8/2025

Active

Courtesy of Keller Williams Realty Brevard, Paige Lane,
Listing Contact: 321-259-1170 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Carpenter | Kessel Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2025 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.

 

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