911-919 E New Haven Avenue Melbourne, FL $ 2,200,000
911-919 E New Haven Avenue
$ 2,200,000
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911-919 E New Haven Avenue

Melbourne, FL, 32901
$ 2,200,000
Baths0.0 Sq 8,607

Monthly Estimate*

$ 14,622

911-919 E New Haven Avenue, Melbourne, FL 32901 - Image 1
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911-919 E New Haven Avenue, Melbourne, FL 32901 - Image 8
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Studio

Multi-Family Home for sale in Melbourne, FL

for $2,200,000. This 8,607 square foot home was built in 1920 on a lot size of 0.15.

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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Multi-Family Active

Price

$ 2,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,256

Style

Multi Family

Lot Size

0.15

Year Built

1920

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1001219

Features
General
Heating Central
Cooling Central Air
Utilities Electricity Connected Natural Gas Available Sewer Available Water Connected
Exterior Features Balcony
Construction Materials Block Frame
Year Built 1920
Stories 2
Levels Two
Property SubType Multi Family
Tax Year 2023
Current Use Commercial Mixed Use Multi-Family Residential Retail
Additional Parcels Description 2817159
County Brevard
Net Operating Income 142200.0
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Camps Plat of Melbourne
Facing Direction North
Garage Y/N N
Status Active
Directions Starting 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.
High School Melbourne
City Melbourne
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 5
MLS Area 330 - Melbourne - Central
Lot Size Units Acres
Lot Size Square Feet 6534.0
Waterfront Y/N N
Carport Y/N N
Street Name New Haven
Elementary School University Park
Tax Annual Amount 10256.0
Home Warranty Y/N N
Middle/Junior High School Hoover
Lease Renewal Y/N N
MLS Area Minor 330 - Melbourne - Central
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1001219
Standard Status Active
Legal Description CAMPS PLAT OF MELBOURNE LOT 2 BLK 26
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Interior
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features Historic Area
Water Source Public
Lot Size Area 0.15
Number of Buildings 2
Spa N
Building Area Total 8607.0
Lot Size Acres 0.15
Road Surface Type Paved
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 911919
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* Excluded Features
List By
The Ullian Realty Corporation

Broker

zach@ullianrealty.com

Email

Affordability Calculator

$15,477
Per Month
94%
6%
0%
Monthly Principal & Interest
$14,622
Monthly Property Taxes
$855
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1362892 Elementary School
1363002 Middle School
Melbourne High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2024$2,200,000 Listed Price

Map


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911-919 E New Haven Avenue, Melbourne, FL, 32901 is a Multi-Family Home for sale at $2,200,000 with 8,607 sqft and a lot size of 0.15. 911-919 E New Haven Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 32901 which is in Melbourne, FL