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406 Bluff Drive, Melbourne, FL 32901
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$599,900
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Home Details for 406 Bluff Drive
Price
$599,900
Type
multi family
Bedrooms
6
Year Build
1925
Sq. Ft.
3324
Lot Size
0.57
County
Brevard
Tax
$1,020.26
MLS®️ Listing#
952632
On exitrealty.com
728 days
Property 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 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
- Utilities
- Cable Available
- Sewer Available
- Water Available
- Cooling Information
- None
- Heating Information
- None
- Water Features
- Public
School Information
School Information for 406 Bluff Drive
Elementary School
Harbor City
Middle School
Hoover
High School
Melbourne
Listing courtesy: Real Estate Solutions Brevard - 321-610-1550
Listings courtesy of the Brevard County MLS (Melborn/Space Coast). IDX information is provided exclusively for consumers’ personal, non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.
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Market statistics compiled from data from Brevard County MLS (Melborn/Space Coast).
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$599,900
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EXIT 1ST CLASS REALTY
3700 N Harbor City Blvd, Suite 1E, Melbourne, FL 32935