$1,550,000
Melbourne, FL 32901
MLS# 1033567
7 baths
1 / 16
Property Description
Meticulously maintained mixed-use building featuring FIVE apartments and TWO retail spaces. With annual income of gross income of $122,552, blending both residential and commercial income, gross and NNN, this property offers a diverse and stable revenue stream. The building has undergone extensive recent renovations, including a roof replacement, fresh paint, new impact-rated windows, a new front patio, landscaping improvements, parking lot replacement, and new air conditioning units. These comprehensive upgrades position the property for long-term, profitable holding with minimal near-term capital expenditures.
Details
Maps
Location, Tax, and Legal
Tax Account: 2817256
Parcel Number: 28-37-03-Fc-00040.0-0007.00
General County Location: South
Tax Annual Amount: 11849.5
Tax Year: 2024
Tax Legal Description: CAMPS PLAT OF MELBOURNE LOT 7 BLK 40
Directions: North side of E New Haven
General Property Information
Number Of Units Total: 7
Stories Total: 2
Building Area Total: 4443
Lot Size Acres: 0.19
Water Body Access YN: No
List Price/SqFt: 348.86
Bathrooms Total: 7
Year Built: 1954
Remarks and Miscellaneous
Public Remarks: Meticulously maintained mixed-use building featuring FIVE apartments and TWO retail spaces. With annual income of gross income of $122,552, blending both residential and commercial income, gross and NNN, this property offers a diverse and stable revenue stream. The building has undergone extensive recent renovations, including a roof replacement, fresh paint, new impact-rated windows, a new front patio, landscaping improvements, parking lot replacement, and new air conditioning units. These comprehensive upgrades position the property for long-term, profitable holding with minimal near-term capital expenditures.
Construction Materials
Block: 1
Concrete: 1
Frame: 1
Stucco: 1
Cooling
Varies by Unit: 1
Current Use
Mixed Use: 1
Multi-Family: 1
Residential: 1
Retail: 1
Fencing
Back Yard: 1
Heating
Varies by Unit: 1
Lot Features
Historic Area: 1
Other: 1
Parking Features
Additional Parking: 1
Other: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Income: 123384
Source of Expenses - Owner: 40% on expenses
Sewer
Public Sewer: 1
Unit 1 Details
Unit ID: 101
Annual Rent: 2082.35
Unit SqFt: 0
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: 0
Unit 2 Details
Unit ID: 102
Annual Rent: 1750
Unit SqFt: 0
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: 0
Unit 3 Details
Unit ID: 104
Annual Rent: 1100
Unit SqFt: 0
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: 0
Unit 4 Details
Unit ID: 103
Annual Rent: 1400
Unit SqFt: 0
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: 0
Unit 5 Details
Unit ID: 202
Annual Rent: 650
Unit SqFt: 0
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: 0
Unit 6 Details
Unit ID: 201
Annual Rent: 1700
Unit SqFt: 0
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: 0
Unit 7 Details
Unit ID: 202
Annual Rent: 1600
Unit SqFt: 0
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: 0
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Building Features
Office: 1
Private Restroom: 1
Existing Lease Type
Gross: 1
NN: 1
NNN: 1
Location
Central Business District: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $1,550,000
Original List Price: 1750000
List Price: $1,550,000
Status: Active
Listing Contract Date: 2025-01-08
Property Sub Type: Multi Family
Location Tax and Legal
Street Number: 620
Street Direction Prefix: E
Street Name: New Haven
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: Camps Plat of Melbourne
Status Change Information
Major Change Timestamp: 2026-01-02T18:29:03Z
Major Change Type: Status Change
Price Change Timestamp: 2025-07-15T18:59:02Z
Status Change Timestamp: 2026-01-02
Property Features
Building Features: Office; Private Restroom
Construction Materials: Block; Concrete; Frame; Stucco
Cooling: Varies by Unit
Current Use: Mixed Use; Multi-Family; Residential; Retail
Existing Lease Type: Gross; NN; NNN
Fencing: Back Yard
Heating: Varies by Unit
Location: Central Business District
Lot Features: Historic Area; Other
Parking Features: Additional Parking; Other
Possession: Close Of Escrow
Sale Includes: Building & Land
Sewer: Public Sewer
Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Water Source: Public
Listing Office: Reach Commercial Real Estate
Last Updated: January - 05 - 2026
Information is deemed to be reliable, but is not guaranteed.