1809 Highland Ave - Multi-Family FOR SALE


Melbourne, FL 32935
$1,200,000 USD
321-722-0707
1809 Highland Ave, Melbourne, FL for Sale
$1,200,000 USD
Multi-Family - FOR SALE
1/6
null | Request Cap Rate

1809 Highland Ave
Melbourne, FL 32935


OVERVIEW

Fully renovated Quadplex in the Eau Gallie Arts District! The property consists of Four 2-bedroom, 1-bath units and the seller has left little for the next owner to update. The 2024 renovations include: brand new metal roof, updated plumbing lines, updated electrical throughout the property, exterior doors, fixtures, appliances, kitchen & bathroom updates, and interior paint. This property provides a fantastic opportunity for a stabilized investment, Airbnb, or house hacking option with one “owner suite” unit having a garage and full security system to the entire property. Seller also has plans for a pool in the yard which they have confirmed can be built upon.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$339 USD /SF

# OF UNITS

4

PRICE/UNIT

$300,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Highland Quadplex

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C1

APN/PARCEL ID

27-37-16-25-00008.0-0003.00

ASK ABOUT THIS PROPERTY

Blake RobisonLightle Beckner Robison, Inc.More Info
321-722-0707

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Blake RobisonLightle Beckner Robison, Inc.More Info
321-722-0707

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.