Active

1702 Riverview Drive

Melbourne FL, 32901

$1,595,000


$705.13 per sqft

Active

2,262 sqft

Multi-family

Built in 1937

INSTANT EQUITY! Appraised at $1.8 Million in February 2024! Turnkey Short-Term Rental Opportunity in Downtown Melbourne!
This .18 acre property is perfect for investors who want to enter the booming STR market or expand their portfolio. The Riverview was completely remodeled in 2020, offering a modern aesthetic while preserving old-Florida charm.
This conveniently located property includes:
*A 2/1 cottage with laundry room and screened porch
*A 2-story quadplex with three 1/1 apartments, a studio, and a shared laundry room. Intracoastal is visible from 2nd floor.
*Buildable C2-zoned corner lot
4.97-star rating from 800+ Airbnb reviews. All furnishings, supplies, and website are included in sale. '||chr(10)||'

966016

MLS ID

May 26, 2023

Listed

March 16, 2024

Updated

Map

1702 Riverview Drive
Melbourne FL, 32901

Interior Features

Appliances

Disposal, Dryer, Electric Range, Instant Hot Water, Microwave, Refrigerator, Washer


Floor Description

Tile, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric, Wall/Window Unit(s)


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.18 Acres


Lot Features

Corner Lot, Historic Area


Roof

Metal


Sewer

Public Sewer

School Information

High School

Melbourne


Elementary School

University Park

Other Property Details

Area Name

330 - Melbourne - Central


Taxes

$4,507


Tax Frequency

Annually


Garage

No


View

No


County

Brevard


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

2/29/2024

Active

2/28/2024

Price Change

$1,595,000

-12%

11/25/2023

Pending

Courtesy of Hoven Real Estate, Meghan Marleen O'Hara,
Listing Contact: 888-944-6836 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Local Life shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.

 

Powered byLuxury Presence