$430,000
Melbourne, FL 32901
MLS# 1075519
3324 sqft
1 / 20
Property Description
Step back in time and unlock the potential of this rare historic income property just moments from the Indian River and vibrant downtown Melbourne. Situated on an oversized .57-acre lot, this unique multi-family propertly offers endless possibilities for investors, developers, or those seeking a one-of-a-kind residential estate. Originally built in 1925, the property features a charming quadplex, an additional apartment and a detached 3-car garage with ample carport parking, creating a flexible layout ideal for rental income or redevelopment. With approximately 3753 total square feet and zoning that allows for multiple living units, there is potential to expand. While the inside will require build-out, the opportunity to restore or redesign makes this a true value-add investment. If you're looking for an income producing investment, your dream home with space to grow, this property delivers unmatched potential. Cash only, no wholesalers please.
Details
Maps
Contract Information
Comp Sale YN: No
Current Price: $430,000
Original List Price: 430000
List Price: $430,000
Status: Active
Listing Contract Date: 2026-04-23
Property Sub Type: Multi Family
Location, Tax, and Legal
Tax Account: 2728340
Parcel Number: 27-37-27-51-00000.0-0200.00
General County Location: South
Tax Annual Amount: 5736.31
Tax Year: 2025
Tax Legal Description: INDIAN RIVER BLUFF AMENDED PLAT NO 2 LOTS 200,201
Additional Parcels YN: No
Zoning Description: Multi Family
Directions: US1 turn west on Avenue D, then South to Bluff Drive.
General Property Information
Number Of Units Total: 0
Stories Total: 2
Building Area Total: 3324
Lot Size Acres: 0.57
List Price/SqFt: 129.36
Year Built: 1925
Remarks and Miscellaneous
Public Remarks: Step back in time and unlock the potential of this rare historic income property just moments from the Indian River and vibrant downtown Melbourne. Situated on an oversized .57-acre lot, this unique multi-family propertly offers endless possibilities for investors, developers, or those seeking a one-of-a-kind residential estate. Originally built in 1925, the property features a charming quadplex, an additional apartment and a detached 3-car garage with ample carport parking, creating a flexible layout ideal for rental income or redevelopment. With approximately 3753 total square feet and zoning that allows for multiple living units, there is potential to expand. While the inside will require build-out, the opportunity to restore or redesign makes this a true value-add investment. If you're looking for an income producing investment, your dream home with space to grow, this property delivers unmatched potential. Cash only, no wholesalers please.
Construction Materials
Concrete: 1
Stucco: 1
Cooling
None: 1
Heating
None: 1
Lot Features
Historic Area: 1
Parking Features
Other: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Special Listing Conditions
City Jurisdiction: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Other: 1
Sale Includes
Building & Land: 1
Location Tax and Legal
Street Number: 406
Street Name: Bluff
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 323 - Eau Gallie
Subdivision Name: Indian River Bluff Amended Plat No 2
Status Change Information
Major Change Timestamp: 2026-04-23T19:52:13Z
Major Change Type: New Listing
Status Change Timestamp: 2026-04-23
Property Features
Construction Materials: Concrete; Stucco
Cooling: None
Heating: None
Lot Features: Historic Area
Parking Features: Other
Possession: Close Of Escrow
Sale Includes: Building & Land
Sewer: Public Sewer
Showing Requirements: Appointment Only; Call Listing Agent; Other
Special Listing Conditions: City Jurisdiction
Utilities: Electricity Available; Sewer Available; Water Available
Water Source: Public
Listing Office: Denovo Realty
Last Updated: April - 23 - 2026
Information is deemed to be reliable, but is not guaranteed.