$2,200,000
●
Multifamily -
For Sale
911-919 E New Haven Avenue
Melbourne, FL 32901
Studio
0 Bath
$11,658
Estimated Monthly
0.52%
Cap Rate
About This Property
Excellent opportunity to purchase a 5-unit mixed-use building in
the heart of Downtown Melbourne! 911-919 New Haven has 2 commercial
units + 2 residential units. 1st Floor = 1,548 SF Ice Cream Store +
2,169 SF Gift Shop. 2nd Floor = one 3/1 apartment + one 3/2
apartment. 2016 Melbourne Court is an 864 SF coffee shop. Est.
proforma NOI is $142,200 (6.5% CAP). High foot traffic area with
exposure to est. 15,000 VPD on New Haven Avenue. C3 Zoning allows
Office, Retail, Short Term Rentals, Restaurants & more! Close
proximity to Hotel Melby, Highline Apartments, and all of the other
beaches, restaurants, and shopping that the area has to offer.
Melbourne International Airport is less than a 10-minute drive away
which is significant as TUI Airlines flies est. 156,000 tourists to
Melbourne annually. Call today for a tour!
Unit Size
-
Days on Market
167 days
Land Size
0.15 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$855
HOA Dues
-
Year Built
-
Listed By
Last updated: 3 months ago (Space Coast MLS #1001219)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 5, 2024 | Listed by The Ullian Realty Corporation | $2,200,000 | |
| Listed by The Ullian Realty Corporation | |||
Property Highlights
Air Conditioning
Interior Details
Interior Information
Living Area Square Feet Source: Estimated
Exterior Details
Property Information
Year Built: 1920
Building Information
Construction Materials: Block, Frame
Lot Information
Historic Area
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Financial Details
Tax Year: 2023
Tax Annual Amount: $10,256
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Utilities: Electricity Connected, Natural Gas Available, Sewer Available, Water Connected
911-919 E New Haven Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
911 East New Haven Avenue
911 East New Haven Avenue, Melbourne, FL 32901
- 1 Unit for Sale
About Melbourne
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,995 /mo
- 4 Beds
- 2 Baths
- 1,290 ft²
$1,800 /mo
- 2 Beds
- 1 Bath
- 672 ft²
Listed by: Zachary Michael Ullian, The Ullian Realty Corporation
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 1001219
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 1001219
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
