406 Bluff Drive

Melbourne, FL 32901

$599,900
Price
—
Beds
3,324 Sq. Ft.
$180 / Sq. Ft.
3,324
Sq. Ft.
$180
per Sq. Ft.

Description

This property is over 1/2 an acre, just 2 blocks from the Indian River Lagoon, and is located between the Historic Downtown Eau Gallie & Downtown Melbourne. This property is zoned for 6 units. The frontage is currently a historic Quadplex building with an attached apartment and additional apartment. Additionally, a 6-car detached garage. There are 5 kitchens, 4 fireplaces and 6-carports. All units need to be refurbished. New roof 2024 on the front quadplex and apartment. The large lot recently cleared...This property is over 1/2 an acre, just 2 blocks from the Indian River Lagoon, and is located between the Historic Downtown Eau Gallie & Downtown Melbourne. This property is zoned for 6 units. The frontage is currently a historic Quadplex building with an attached apartment and additional apartment. Additionally, a 6-car detached garage. There are 5 kitchens, 4 fireplaces and 6-carports. All units need to be refurbished. New roof 2024 on the front quadplex and apartment. The large lot recently cleared of all trees & shrubs. 6 units with additional income possibilities from 6 garage units. This home is grandfathered in with multiple benefits (i.e. multiple living,city water/sewer,well). This historic home could be turned into a beautiful Airbnb or Bed & Breakfast with large apartments. A Jimmy Buffett- themed riverfront hotel-marina resort & a 55-acre Lagoona Beach Lagoon & shopping center coming soon. Estimate of $300K for complete refurbish for move-in ready units Great ROI opportunity
  1. Listed by Sarah Clifford • Real Estate Solutions Brevard
  2. Listed by Rick Drouin • Real Estate Solutions Brevard

Property Details for 406 Bluff Drive

Directions
From US1 go West on Avenue D then South onto Bluff Drive.
LISTING UPDATED: 11/13/2024 12:43 AM

Property Details for 406 Bluff Drive

StatusActive
MLS #952632
Days on Market666
Taxes$1,020 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1925
Lot Size0.57 AC / 24,829 SF
CountyBrevard County

Building Information for 406 Bluff Drive

Stories-Residences-Year Built1925Building Size-Lot Size0.57 AC / 24,829 SF

Property Information for 406 Bluff Drive

Summary
Location and General Information
  • City: Melbourne
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 28.102881
  • Geo Lon: -80.617588
  • Absolute Longitude: 80.617588
  • Schools: Elementary School: Harbor City
  • Schools: Middle School: Hoover
  • Schools: High School: Melbourne
  • General County Loc: South
Taxes and HOA Information
  • Taxes: $1,020.26
  • Tax Year: 2022
  • Tax Acct: 2728340
  • Tax ID: 27-37-27-51-00000.0-0200.00
Parking
  • Parking: Detached
Property
Lot Information
  • SqFt - Living: 3324.0
  • SqFt - Total: 3324.0
  • Lot SqFt: 24829.0
  • Year Built: 1925
  • Picture Count: 6
  • Acreage: 0.57
  • Road Surface: Paved
  • Current Adjacent Use: Other
Property and Assessments
  • Construction: Block, Concrete, Stucco
  • Docs on File: 1
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: B
  • Sub Type: Multi Family
  • Use Code: 08 / MULTIPLE LIVING
  • To Be Constructed: No
Utilities
  • Utilities: Sewer or Septic: Public Sewer
  • Utilities: Water Type: Public
  • Utilities: Cable Available, Sewer Available, Water Available
Owner Name
  • Owner Name: Urban Property Management LLC
Interior and Exterior Features
Exterior Features
  • Roof: Membrane
  • # of Units: 0
  • Pool Features: None
  • Flooring: Other
Interior Features
  • Cooling: None
  • Heat: None
  • Equipment/Appliances: Other
Multi Family
Multi-Family Information
  • Selling Terms Code: Cash
Agent
Agent Information
  • Closing Co. Name: Whitebird Law
  • Closing Co. Address: 2101 Waverly Place, Suite 100, Melbourne, FL 32901
Sale and Listing
  • Cumulative DOM: 623
  • Days On Market: 623
  • Possession: Close Of Escrow
Showing and Remarks
  • Showing: Appointment Only, Call Listing Office

Property History for 406 Bluff Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 406 Bluff Drive

Taxable ValueLand$36,000Additions$271,200Total$307,200
Tax Record2024$5,593 ($466 / month)
Home Facts
Total Finished SqFt3,324 SqFtAbove Grade Finished SqFt3,324 SqFtStories2Lot Size24,829 SqFtStyleDuplexYear Built1925Year Renovated1971ZoningR1AACountyBREVARDAPN27-37-27-51-00000.0-0200.00Fireplace TypeHas Fireplace

Schools near 406 Bluff 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 - 7 to 12
Rating
School
Distance
Harbor City Elementary School
PublicPK to 6

Herbert C. Hoover Middle School
Public7 to 8

Melbourne Senior High School
Public9 to 12

Westshore Junior/Senior High School
Public7 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.

Similar Homes

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406 Bluff Drive is a multi-family home for sale in Melbourne, FL 32901. This property was listed for sale on December 15, 2022 by Real Estate Solutions Brevard, it's currently listed at $599,900. It has been on the market for a total of 666 days and was last sold on May 10, 2022. This listing's school district is Brevard Public Schools. Nearby schools include Harbor City Elementary School, Herbert C. Hoover Middle School and Melbourne Senior High School. 406 Bluff Drive is a 0-bed, 0-bath, 3,324 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate Solutions Brevard, Sarah Clifford; Real Estate Solutions Brevard, Rick Drouin

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/13/2024 12:43 AM