$469,000
Melbourne Beach, FL 32951
MLS# 877904
Status: Closed
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Property Description
Commercial zoned 8-B with Multi-family 4-Unit. Unique property! Exceptional opportunity doesn't come along often, Across from Waterfront Ryckman Park and all its amenities. Views of Indian River and gorgeous sunsets await you. A minute walk to rivers edge, restaurants, post ofc, shopping and a few blocks from Atlantic Ocean. Priced to sell! Land and zoning ,Sold as-is, no warranty on existing buildings. This blast from the past offers 3 buildings, Main house is total living 908 sf has 2 bedrooms/1 bath and office area, a 1 car Garage is 336 sf and a Duplex each unit is 324 living sf . Renovate existing for endless possibilities or knock it all down to fulfill a dream! See docs for zoning definitions. In Need of Repairs 75-90K
Details
Maps
Contract Information
Current Price: $430,000
Original List Price: 500000
Sold Price: $430,000
Status: Closed
Listing Contract Date: 2020-06-14
Property Sub Type: Business
Location, Tax, and Legal
Street Number: 520
Street Name: Ocean
Street Suffix: Avenue
Tax Account: 2847674
Parcel Number: 28-38-07-01-00003.0-0019.00
County: Brevard
State: FL
Postal Code: 32951
MLS Area Major: 384-Indialantic/Melbourne Beach
General County Location: South
Tax Annual Amount: 3730.1
Tax Year: 2019
Tax Legal Description: HENRY WHITINGS MELBOURNE BCH LOT 19 BLK 3
Directions: A1A, Go west on Ocean Ave. to number.
General Property Information
Number Of Units Total: 3
Stories Total: 1
Building Area Total: 1556
Year Built: 1948
Lot Size Acres: 0.2
Property Use: C-MIXED USE - COMMERCIAL PROPERTY (1210)
Use Code: 08 / MULTI-FAMILY LESS THAN 10
Waterfront YN: No
List Price/SqFt: 301.41
Sold Price/SqFt: 276.35
Remarks and Miscellaneous
Public Remarks: Commercial zoned 8-B with Multi-family 4-Unit. Unique property! Exceptional opportunity doesn't come along often, Across from Waterfront Ryckman Park and all its amenities. Views of Indian River and gorgeous sunsets await you. A minute walk to rivers edge, restaurants, post ofc, shopping and a few blocks from Atlantic Ocean. Priced to sell! Land and zoning ,Sold as-is, no warranty on existing buildings. This blast from the past offers 3 buildings, Main house is total living 908 sf has 2 bedrooms/1 bath and office area, a 1 car Garage is 336 sf and a Duplex each unit is 324 living sf . Renovate existing for endless possibilities or knock it all down to fulfill a dream! See docs for zoning definitions. In Need of Repairs 75-90K
Status Change Information
Major Change Timestamp: 2023-11-11T09:37:07Z
Major Change Type: Price Reduced
Price Change Timestamp: 2020-09-05T16:45:20Z
Status Change Timestamp: 2021-04-06
Purchase Contract Date: 2020-11-15
Close Date: 2020-12-11
Close Price: 430000
Historical Information
Public Historical Remarks 1: Current Zoning: 8B/Multi-family
Property Features
Building Features: Office
Ceiling Type: Plaster
Construction Materials: Block; Concrete
Cooling: Wall/Window Unit(s)
Current Use: Commercial
Flooring: Terrazzo
Heating: None
Location: Beach Area; Central Business District
Lot Features: Other
Possession: Close Of Escrow
Sale Includes: Building & Land
Sewer: Public Sewer
Showing Requirements: Lockbox; Showing Service
Special Listing Conditions: Use Conforms to Zone
Water Source: Public
Listing Office: Waterman Real Estate, Inc.
Last Updated: December - 13 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of Space Coast MLS as well as Florida Realtors® MLS Advantage Participants and Particpants in the Coast2Coast datashare.