Active
1016 Brothers Avenue
Melbourne FL, 32901
$1,500,000
$146.34 per sqft
Active
10,250 sqft
Commercial
Built in 1946
Presenting an extraordinary opportunity to own a piece of Historic Downtown Melbourne, this two-story building, spanning over 10,000 square feet, originally served as a hotel with 17 rooms upstairs and a bar downstairs. While the property requires a complete makeover, it offers incredible potential for restoration or redevelopment.
Located within a sought-after Opportunity Zone, this property provides attractive tax incentives for investors, alongside funding opportunities available through the City of Melbourne for business owners committed to revitalizing the area.
This historic building offers an exceptional canvas for visionaries looking to transform a unique property while taking advantage of the benefits associated with the downtown's growth and development.
1022921
MLSⓇ ID
August 23, 2024
Listed
February 4, 2025
Updated
Map
1016 Brothers Avenue
Melbourne FL, 32901
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
Corner Lot
Sewer
Public Sewer
Other Property Details
Area Name
330 - Melbourne - Central
Taxes
$1,107
Tax Frequency
Annually
Garage
No
Parking
On Street
View
No
County
Brevard
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
2/4/2025 | Price change | $1,500,000 25% |
1/23/2025 | Price change | $1,200,000 9% |
1/6/2025 | Price change | $1,100,000 10% |
Courtesy of North America Realty Group, Thomas Owens,
Listing Contact: 321-507-7273
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.