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Historic quadriplex in Downtown Melbourne! Turnkey short-term rental opportunity with 5yr income history. This Spanish Colonial 4-unit short-term rental property consists of a two-story apartment building with a mix of four one-bedroom/one-bath units. All units are fully furnished and thoughtfully decorated with a mix of modern aesthetic and old-Florida charm. Located 0.2 acres, just 2 blks from historic Downtown Melbourne, within walking distance of restaurants, bars, shops, and the Indian River. The Indialantic beaches are only 3 miles away. The property offers ample parking, including street parking, one carport, and 4 parking spaces. Separate entry points and large front and back yards offer privacy and separation. Improvements: new roof installed 2023 and 4 high-efficiency ductless AC systems also installed in 2023. Flexible C1 mixed-use zoning. Gross income of $110,000 (3 yr avg) with very high occupancy and steady income. Professional management with superhost status can continue
| DAYS ON MARKET | 3 | LAST UPDATED | 9/19/2024 |
|---|---|---|---|
| TRACT | CAMPS PLAT OF MELBOURNE | YEAR BUILT | 1926 |
| COMMUNITY | 32901 - Melbourne | COUNTY | Brevard |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 32901 - Melbourne |
| CONSTRUCTION | Block, Stucco |
| FIREPLACE | Yes |
| HEAT | Central, Zoned |
| LOT | 8712 sq ft |
| SEWER | Public Sewer |
| SUBDIVISION | CAMPS PLAT OF MELBOURNE |
| TAXES | 7074 |
| UTILITIES | Cable Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Andrea Aylett-Hosch, PINEAPPLE PLACE REALTY, LLC
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 9/19/24 4:28 PM PDT.
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