Melbourne, FL 32901,837 Hickory ST
Melbourne, FL 32901,837 Hickory ST
Melbourne, FL 32901,837 Hickory ST
22
See all 22 photos
$1,800,000
Est. payment /mo
8 Baths
5,500 SqFt
New

837 Hickory ST Melbourne, FL 32901

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,500 sqft

Price per Sqft $327

Subdivision Riverside Drive

MLS Listing ID 1060500

Maintenance Fees $2,863

HOA Y/N No

Total Fin. Sqft 5500

Year Built 1979

Annual Tax Amount $10,031

Tax Year 2024

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Multi Family

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

Turnkey 8-Unit Multifamily Investment - Prime Melbourne, FL Location 5% CAP

Discover a high-performing 8-unit multifamily CBS building offering stable income and modern upgrades in a strong Space Coast rental market. Each unit is a 1 bed / 1 bath layout with updated interiors and a consistent rental history. With 5,500 SF of rentable area on 0.36 acres, this property provides an ideal balance of density, parking convenience, and long-term tenant retention.
The property features a new metal roof (2020), electrical panels, appliances, HVAC, resurfaced/striped parking lot, and freshly painted.

Location

State FL

County Brevard

Area 323 - Eau Gallie

Direction Head north on I-95, take exit 182 toward Ellis Rd/St Johns Heritage Pkwy, continue onto W Nasa Blvd, Use the 2 left lanes to turn left to stay on W Nasa Blvd, turn left onto Hickory St, Turn right.

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Tile

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Additional Parking, Guest, Parking Lot, Unassigned

Utilities Available Cable Available, Electricity Connected, Sewer Connected

Roof Type Metal

Present Use Commercial,Investment,Multi-Family,Residential

Road Frontage City Street

Garage No

Building

Lot Description Other

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 27-37-34-Ep-0000a.0-0056.00

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

ParcelsYN No

Virtual Tour https://www.propertypanorama.com/instaview/spc/1060500


Space Coast Association of Realtors (Brevard MLS)
Listed by Non-MLS or Out of Area

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Jody Santillo

Jody Santillo

Agent

+1(561) 430-8120

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837 Hickory ST