Real Estate Listings for Cocoa Beach,
Satellite Beach and Brevard County, Florida
Greater Brevard Area, Waterfront
Properties & Cocoa Beach
Contact Alyssa Boyd,
321-591-7585
Price: $2,200,000
MULTIFAMILY - MLS #1001219
Added on Friday, January 5th, 2024 at 12:00am
About This Property:
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!