Lease to Own
Address
1207 E River Drive, Melbourne, FL
Price
$ 2,400,000
Property Attributes
  • MLS#975021
  • TypePending
  • CountyBREVARD
  • CityMelbourne
  • AreaCentral
  • NeighborhoodCrane Cliff
  • Zip32901
  • StyleMulti Family
  • Year Built1928
  • Taxes$ 11522
  • Price$ 2,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7276
  • Lot Size0.52 Acres
Data Source:
Space Coast AOR
Property Description

Melbourne Riverside Apartments which is a 19 unit multifamily complex located just 1 block from the Indian River. All units have been fully renovated and furnished. It's currently professionally managed and is situated on .52 acres located in Melbourne, Florida. The unit mix is comprised of nineteen studio apartments for a total of 7,926 rentable square feet.

Price History
9/13/2023 Listed $2,945,000
9/19/2023 19% - $2,400,000

General Features

Heating Central
Cooling Central Air
Possession Close Of Escrow
Security Features Smoke Detector(s)
Year Built 1928
Property SubType Multi Family
Tax Year 2021
County Brevard
Property Type Commercial Sale
HOA / Comm Assn No
Subdivision Name Crane Cliff
Status Pending
Directions Head west on W New Haven Ave toward Greenway Dr Make a U-turn at Country Club Rd Keep left to continue on E Strawbridge Ave Turn right onto US-1 S/S Harbor City Blvd L E River Dr
City Melbourne
View Y/N No
Senior Community Y/N No
Total Units 19
MLS Area 330 - Melbourne - Central
Lot Size Square Feet 22651.2
Waterfront Y/N No
Street Name River
Land Lease Y/N No
Tax Annual Amount 11522.9
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor 330 - Melbourne - Central
Additional Parcels Y/N No
Lease Considered Y/N No
Standard Status Pending
MobileHomeRemainsYN No
Legal Description CRANE CLIFF LOTS 7,8,9 BLK 2

Interior Features

Flooring Carpet,Vinyl
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
BuyerOfficeEmail [email protected]
Street Suffix Drive
Electric On Property Y/N No

Exterior Features

Inclusions {u'Business with Lease': True}
Lot Size Area 0.52
Spa No
BuyerOfficeFax 321-727-9926
Lot Size Acres 0.52
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 Pending Average in 32901

Price
AVG $400K
$2.4M
Taxes
AVG $3,843
$11,522
Visits
AVG 115
129
Data Provided by Inside Real Estate®
Year Built
AVG 1984
1928
Walkscore
AVG 51
62
Data Provided by Walkscore® not using MLS data