911-919 E New Haven Avenue, Melbourne, FL, 32901

Address

911-919 E New Haven Avenue, Melbourne, FL

Listing Type

Multi-Family

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 $1.51M

$2.2M

Taxes

AVG $6,463

$10,256

Visits

AVG 209

163

Data Provided by Inside Real Estate®

Year Built

AVG 1931

1920

Your Agent

Vicky Santana

Broker / Owner, Broker

772-213-0683

Areas We Cover

NextHome Santana Real Estate

1069 Main Street, Suite 110
Sebastian, FL 32958

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