Active
2716 Riverview Drive
Melbourne FL, 32901
$1,100,000
$344.40 per sqft
Active
7 Beds
5 Baths
3,194 sqft
Multi-family
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, one two-bedrooms, and one three bedroom -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.
1033586
MLSⓇ ID
January 8, 2025
Listed
January 31, 2025
Updated
Map
2716 Riverview Drive
Melbourne FL, 32901
Interior Features
Total Stories
2
Bedrooms
7
Total Bathrooms
5
Full Bathrooms
5
Floor Description
Vinyl, Wood
Fireplace
Yes
Fireplace Description
Gas, Wood Burning
Cooling
Yes
Cooling Description
Central Air, Varies by Unit, Wall/Window Unit(s)
Heating
Yes
Heating Description
Central, Varies by Unit, Other
Exterior/Building Features
Lot Size
0.49 Acres
Lot Features
Historic Area
Roof
Metal, Shingle
Sewer
Public Sewer
School Information
High School
Melbourne
Elementary School
University Park
Other Property Details
Area Name
330 - Melbourne - Central
Taxes
$6,006
Tax Frequency
Annually
Garage
No
Parking
Shared Driveway, Varies by Unit
View
Yes
View Description
River
County
Brevard
Water Source
Public
Pool
No
Courtesy of Keller Williams Realty Brevard, Leann Graefe,
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.