Address
911-919 E New Haven Avenue, Melbourne, FL
Price
$ 2,200,000
Property Attributes
  • MLS#1001219
  • TypeMulti-Family
  • CountyBREVARD
  • CityMelbourne
  • AreaCentral
  • NeighborhoodCamps Plat of Melbourne
  • Zip32901
  • StyleMulti Family
  • Year Built1920
  • Taxes$ 10256
  • Price$ 2,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8607
  • Lot Size6,534 SqFt
Data Source:
Space Coast AOR
Property Description

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!

Elementary School Middle School High School
University Park Elementary School Hoover Middle School Melbourne High School
Price History
1/5/2024 Listed $2,200,000

General Features

Heating Central
Cooling Central Air
Utilities Electricity Connected,Natural Gas Available,Sewer Available,Water Connected
Exterior Features Balcony
Construction Materials Block,Frame
Year Built 1920
Stories 2
Levels Two
Property SubType Multi Family
Tax Year 2023
Current Use Commercial,Mixed Use,Multi-Family,Residential,Retail
Additional Parcels Description 2817159
County Brevard
Net Operating Income 142200.0
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name Camps Plat of Melbourne
Facing Direction North
Garage Y/N No
Status Active
Directions Starting on US1 turn west onto New Haven Avenue. Property is located directly on New Haven Avenue just west of the Flat Iron Building. If you get to Vernon Place then you have gone too far.
High School Melbourne
City Melbourne
View Y/N No
Senior Community Y/N No
Total Units 5
MLS Area 330 - Melbourne - Central
Lot Size Square Feet 6534.0
Waterfront Y/N No
Carport Y/N No
Street Name New Haven
Elementary School University Park
Tax Annual Amount 10256.0
Home Warranty Y/N No
Middle/Junior High School Hoover
Lease Renewal Y/N No
MLS Area Minor 330 - Melbourne - Central
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/spc/1001219
Standard Status Active
MobileHomeRemainsYN No
Legal Description CAMPS PLAT OF MELBOURNE LOT 2 BLK 26

Interior Features

Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Avenue
Electric On Property Y/N No
LivingAreaSource Estimated

Exterior Features

Lot Features Historic Area
Water Source Public
Lot Size Area 0.15
Number of Buildings 2
Spa No
Building Area Total 8607.0
Lot Size Acres 0.15
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 32901

Price
AVG $1.55M
$2.2M
Taxes
AVG $6,463
$10,256
Visits
AVG 139
90
Data Provided by Inside Real Estate®
Year Built
AVG 1931
1920