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.

 

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