1. Florida
  2. Melbourne
  3. 406 Bluff Drive
$499,900

406 Bluff Drive, Melbourne, FL 32901

  • 3,324 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon0.57acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $150/sqft
  • Property List Date Icon Listed 2 years ago

Property Description

This property is over 1/2 an acre, just 2 blocks from the Indian River Lagoon, and is located between the Historic Downtown Eau Gallie & Downtown Melbourne. This property is zoned for 6 units. The frontage is currently a historic Quadplex building with an attached apartment and additional apartment. Additionally, a 6-car detached garage. There are 5 kitchens, 4 fireplaces and 6-carports.All units need to be refurbished. New roof 2024 on the front quadplex and apartment. The large lot recently cleared of all trees & shrubs. 6 units with additional income possibilities from 6 garage units. This home is grandfathered in with multiple benefits (i.e. multiple living, city water/sewer, well). This historic home could be turned into a beautiful Airbnb or Bed & Breakfast with large apartments. A Jimmy Buffett- themed riverfront hotel-marina resort & a 55-acre Lagoona Beach Lagoon & shopping center coming soon.. Great ROI opportunity

Listing Status:
Active
Date Added:
June 3, 2024 at 05:00AM
Listing Office:
Real Estate Solutions Brevard : 321-610-1550
Listing Agent:
Sarah Clifford : 321-412-0906
MLS ID:
952632
  • Appliances: Other
  • Flooring: Other
  • A/C: None
  • Heating: None

This listing courtesy of Sarah Clifford, Real Estate Solutions Brevard

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Harbor City Elementary School

1377 Sarno Rd, Melbourne, FL, 32935

Grades PK-6

1.92 miles away

H

Hoover Middle School

2000 Hawk Haven Dr, Indialantic, FL, 32903

Grades 7-8

2.60 miles away

M

Melbourne High School

74 Bulldog Blvd, Melbourne, FL, 32901

Grades 9-12

0.88 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.