$325,000
Melbourne Beach, FL 32951
MLS# 757973
Status: Closed
2159 sqft
1 / 12
Property Description
Rare commercial opportunity right in the heart of downtown Melbourne Beach. Seller has stripped out ground floor of property to make it easier for new user to modify for personal needs. Upstairs presently rented for $700 mnth. Supposedly grandfathered in as multi family residential, which could also be a good way to go. Ground floor could be 1 larger unit or a couple of smaller ones .. Nice, deep setback provides plenty of parking and can't beat the location !
Details
Maps
Location, Tax, and Legal
Unit Number: 5
Tax Account: 2847785
Parcel Number: 28-38-08-Fy-00003.0-0006.00
General County Location: South
Tax Annual Amount: 1807.81
Tax Year: 2015
Tax Legal Description: WILCOX MELBOURNE BEACH LOT 6 BLK 3
Directions: On Ocean Ave just East of main intersection on South side of street
General Property Information
Number Of Units Total: 2
Stories Total: 2
Building Area Total: 2159
Lot Size Acres: 0.25
Association YN: No
Property Use: C-MIXED USE - COMMERCIAL PROPERTY (1210)
Water Body Access YN: No
Waterfront YN: No
Use Code: 12 / COMMERCIAL, MIXED USE
List Price/SqFt: 161.65
Sold Price/SqFt: 150.53
Year Built: 1947
Remarks and Miscellaneous
Public Remarks: Rare commercial opportunity right in the heart of downtown Melbourne Beach. Seller has stripped out ground floor of property to make it easier for new user to modify for personal needs. Upstairs presently rented for $700 mnth. Supposedly grandfathered in as multi family residential, which could also be a good way to go. Ground floor could be 1 larger unit or a couple of smaller ones .. Nice, deep setback provides plenty of parking and can't beat the location !
Construction Materials
Block: 1
Frame: 1
Cooling
Wall/Window Unit(s): 1
Current Use
Commercial: 1
Flooring
Carpet: 1
Tile: 1
Listing Terms
Cash: 1
Lease Option: 1
Private Financing Available: 1
Possession
Close Of Escrow: 1
Roof
Composition: 1
Rolled/Hot Mop: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
City Jurisdiction: 1
Water Source
Public: 1
Showing Requirements
Call Listing Office: 1
Building Features
Clear Ceiling Height: 2159
Location
Beach Area: 1
Central Business District: 1
City: 1
Showing Considerations
Occupied: 1
Sale Includes
Building & Land: 1
Contingency Reason
Other: 1
Contract Information
Current Price: $325,000
Original List Price: 349000
Sold Price: $325,000
Status: Closed
Listing Contract Date: 2016-06-24
Property Sub Type: Business
Location Tax and Legal
Street Number: 311
Street Name: Ocean
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32951
MLS Area Major: 384-Indialantic/Melbourne Beach
Subdivision Name: Wilcox Melbourne Beach
Status Change Information
Major Change Timestamp: 2016-09-30T17:57:16Z
Major Change Type: Status Change
Status Change Timestamp: 2016-09-30
Contingency: Active Under Contract
Purchase Contract Date: 2016-08-05
Close Date: 2016-09-30
Close Price: 325000
Property Features
Construction Materials: Block; Frame
Cooling: Wall/Window Unit(s)
Current Use: Commercial
Flooring: Carpet; Tile
Listing Terms: Cash; Lease Option; Private Financing Available
Location: Beach Area; Central Business District
Possession: Close Of Escrow
Roof: Composition; Rolled/Hot Mop
Sale Includes: Building & Land
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Showing Considerations: Occupied
Showing Requirements: Call Listing Office
Special Listing Conditions: City Jurisdiction
Water Source: Public
Contingency Reason: Other
Listing Office: One Sotheby's International
Last Updated: August - 26 - 2026
Information is deemed to be reliable, but is not guaranteed.