2716 Riverview Drive, Melbourne, FL 32901

$1,100,000

bedrooms

bathrooms

square feet

3,194

Acreage

0.49

Open Houses

year built

1927

Full Baths

Half Baths

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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, one two-bedrooms, and one three bedroom -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.

Location
Subdivision	Riverview Heights Subd
County	Brevard
Elementary School	University Park
Middle School	Stone
High School	Melbourne

Driving directions

Open houses

None scheduled.

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MLS number: 1033586

Listing agent: Leann Graefe

Listing broker: Keller Williams Realty Brevard (321) 259-1170

Copyright © 2025 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 2:44 p.m. EDT

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