$280,000
Melbourne Beach, FL 32951
MLS# 735127
Status: Closed
2159 sqft
1 / 3
Property Description
OLD commercial building being used as residential rentals. No conforming use but grandfathered in. 2 story building sit way back off road. Double driveways. Former site of ''World Famous'' Oceanside Realty. Former office has been transformed into (two) 1 bedroom rentals. another apt. upstairs, and a detached apt on the side. Family members living on site. Market rent would be in the $2200 monthly range total income.
Details
Maps
Location, Tax, and Legal
Tax Account: 2847785
Parcel Number: 28-38-08-Fy-00003.0-0006.00
General County Location: South
Tax Annual Amount: 1874.43
Tax Year: 2014
Tax Legal Description: LOT 6 BLK 3
Directions: One and a half blocks west of the beach!! directly across from Melb. Bch. Supermarket
General Property Information
Number Of Units Total: 4
Stories Total: 2
Building Area Total: 2159
Lot Size Acres: 0
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: 159.8
Sold Price/SqFt: 129.69
Year Built: 1947
Remarks and Miscellaneous
Public Remarks: OLD commercial building being used as residential rentals. No conforming use but grandfathered in. 2 story building sit way back off road. Double driveways. Former site of ''World Famous'' Oceanside Realty. Former office has been transformed into (two) 1 bedroom rentals. another apt. upstairs, and a detached apt on the side. Family members living on site. Market rent would be in the $2200 monthly range total income.
Construction Materials
Block: 1
Frame: 1
Cooling
Wall/Window Unit(s): 1
Current Use
Commercial: 1
Electric
100 Amp Service: 1
Flooring
Carpet: 1
Tile: 1
Listing Terms
Cash: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Scheduled Income: 26000
Maintenance Expense: 600
Manager Expense: 0
New Taxes Expense: 1875
Supplies Expense: 0
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
Appointment Only: 1
Call Listing Office: 1
Building Features
% Air Conditioned or Heated: 80
Ceiling Type
Acoustic: 1
Location
Beach Area: 1
City: 1
Showing Considerations
Occupied: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Proforma-Vacancy Rate: 0, Proforma-Gross Sched Income: 26000, Expenses-Maint & Repair: 2000, Expenses-Janitorial Service: 0, Expenses-Advertising: 0
Contract Information
Current Price: $280,000
Original List Price: 345000
Sold Price: $280,000
Status: Closed
Listing Contract Date: 2015-09-15
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: 2015-12-03T19:55:24Z
Major Change Type: Status Change
Status Change Timestamp: 2015-12-03
Purchase Contract Date: 2015-11-11
Close Date: 2015-12-03
Close Price: 280000
Property Features
Ceiling Type: Acoustic
Construction Materials: Block; Frame
Cooling: Wall/Window Unit(s)
Current Use: Commercial
Electric: 100 Amp Service
Flooring: Carpet; Tile
Listing Terms: Cash
Location: Beach Area
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: Appointment Only; Call Listing Office
Special Listing Conditions: City Jurisdiction
Water Source: Public
Listing Office: Coldwell Banker Realty
Last Updated: August - 26 - 2026
Information is deemed to be reliable, but is not guaranteed.