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

Property Details:

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!

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• Acreage0.15
• Area330 - Melbourne - Central
• BuildingsNo
• CityMelbourne
• CountyBrevard
• DirectionsStarting 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.
• Fixer UpperNo
• General County LocationSouth
• Legal DescriptionCAMPS PLAT OF MELBOURNE LOT 2 BLK 26
• List Price/SqFt$255.61 / sqft
• Listing ID1001219
• Listing StatusActive
• Manager/Owner OccupiedUnfurnished
• Number of Units2
• PoolNo
• Prop TypeMulti Family
• Property TypeMultifamily
• SqFt - Living8,607 sqft
• State/ProvinceFL
• StatusActive
• Status Change DateFriday, January 5th, 2024
• Street DirectionE
• Street NameNew Haven
• Street Number911-919
• Street SuffixAvenue
• SubdivisionCamps Plat Of Melbourne
• Tax Year2023
• Taxes$10,256
• UnBranded Virtual TourClick Here
• WaterfrontNo
• Year Built1920
• Zip Code32901