2716 Riverview Drive
$1,100,000
—
3,194
3,194
$344
Description
Prime Multifamily Investment Opportunity in Historic Downtown Melbourne Own a piece of iconic Florida architecture with stunning Indian River views, just minutes from Historic Downtown Melbourne. Situated on a half-acre lot, this turn-key investment features five rental units across two buildings, offering a mix of unit sizes to cater to various tenant needs. -5 Rental Units: Two studios, one one-bedroom, and two two-bedrooms. -Zoned Commercial Multi-Family Residential 2 to 9 units. -Strong Rent...Prime Multifamily Investment Opportunity in Historic Downtown Melbourne Own a piece of iconic Florida architecture with stunning Indian River views, just minutes from Historic Downtown Melbourne. Situated on a half-acre lot, this turn-key investment features five rental units across two buildings, offering a mix of unit sizes to cater to various tenant needs. -5 Rental Units: Two studios, one one-bedroom, and two two-bedrooms. -Zoned Commercial Multi-Family Residential 2 to 9 units. -Strong Rent Potential: Diverse unit types appeal to a range of tenants, ensuring consistent cash flow. -Prime Location: Close to Downtown Melbourne's shops, dining, and attractions, with easy access to the Indian River and local parks. -Dual Parking Areas: Two separate parking areas provide ample, parking for tenants. This property offers multifamily investors a turn-key opportunity with income potential and room for expansion. A great balance of location, charm, and growth opportunity.
- Listed by Leann Graefe • Keller Williams Realty Brevard
- Listed by Paige Lane • Keller Williams Realty Brevard
Property Details for 2716 Riverview Drive
Directions
Heading South from Estrow Bridge Ave (1-92) Turn Right unto US-1S, 2 Miles turn left on Lookout Terrace to Riverview Drive
LISTING UPDATED: 01/08/2025 11:17 AM
Property Details for 2716 Riverview Drive
Status | Active |
---|---|
MLS # | 1033586 |
Days on Market | 3 |
Taxes | $6,006 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi Family |
Year Built | 1927 |
Lot Size | 0.49 AC / 21,344 SF |
County | Brevard County |
Building Information for 2716 Riverview Drive
Stories-Residences5Year Built1927Building Size-Lot Size0.49 AC / 21,344 SF
Property Information for 2716 Riverview Drive
Property History for 2716 Riverview Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2716 Riverview Drive
Taxable ValueLand$162,000Additions$169,200Total$331,200
Tax Record2024$6,006 ($501 / month)
Home Facts
Total Finished SqFt3,194 SqFtAbove Grade Finished SqFt3,194 SqFtStories2Lot Size21,344 SqFtStyleDuplexYear Built1927Year Renovated1975ZoningR3(15)CountyBREVARDAPN28-37-11-12-0000G.0-0001.01
Schools near 2716 Riverview Drive
This home is within Brevard Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
University Park Elementary School PublicPK to 6 | ||
Stone Magnet Middle School Public7 to 8 | ||
Melbourne Senior High School Public9 to 12 | ||
Riverdale Country Day School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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