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620 E New Haven Avenue Melbourne, FL $ 1,550,000
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$ 1,550,000 Get more info
620 E New Haven Avenue
$ 1,550,000
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Share Save

620 E New Haven Avenue

Melbourne, FL, 32901
$ 1,550,000
Bedrooms-- Baths7.0 Sq 4,443
620 E New Haven Avenue, Melbourne, FL 32901 - Image 1
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620 E New Haven Avenue, Melbourne, FL 32901 - Image 9
620 E New Haven Avenue, Melbourne, FL 32901 - Image 10
620 E New Haven Avenue, Melbourne, FL 32901 - Image 11
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620 E New Haven Avenue, Melbourne, FL 32901 - Image 16
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Property for Rent in Melbourne, FL

for $1,550,000 with 7 full baths. This 4,443 square foot property was built in 1954 on a lot size of 0.19.

Meticulously maintained mixed-use building featuring FIVE apartments and TWO retail spaces. With annual income of gross income of $122,552, blending both residential and commercial income, gross and NNN, this property offers a diverse and stable revenue stream. The building has undergone extensive recent renovations, including a roof replacement, fresh paint, new impact-rated windows, a new front patio, landscaping improvements, parking lot replacement, and new air conditioning units. These comprehensive upgrades position the property for long-term, profitable holding with minimal near-term capital expenditures.

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Rental Active

Price

$ 1,550,000

Full Bath

7

Taxes

$ 11,849

Style

Multi Family

Lot Size

0.19

Year Built

1954

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1033567
Features
General
Living Area 4443.0
Sewer Public Sewer
Heating Varies by Unit
Cooling Varies by Unit
Possession Close Of Escrow
Construction Materials Block Concrete Frame Stucco
Year Built 1954
Property Subtype Multi Family
Tax Year 2024
Current Use Mixed Use Multi-Family Residential Retail
Gross Income 123384.0
County Brevard
Property Type Commercial Sale
HOA N
Attached Garage N
Subdivision Name Camps Plat of Melbourne
Building Features Office Private Restroom
Status Active
Directions North side of E New Haven
City Melbourne
Senior Community Y/N N
Number Of Units Total 7
MLS Area 330 - Melbourne - Central
Lot Size Units Acres
Lot Size Square Feet 8276.4
Land Lease Y/N N
Tax Annual Amount 11849.5
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 330 - Melbourne - Central
Additional Parcels Y/N N
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1033567
Lease Type Gross NN NNN
Standard Status Active
Legal Description CAMPS PLAT OF MELBOURNE LOT 7 BLK 40
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Exterior
Fencing Back Yard
Parking Features Additional Parking Other
Lot Features Historic Area Other
Water Source Public
Inclusions Building & Land
Lot Size Area 0.19
Spa N
Lot Size Acres 0.19
Waterfront Y/N N
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 7
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Internal Only
Street Number 1 620
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* Excluded Features
List By
Reach Commercial Real Estate

Broker

cassandra@reachcommercialre.com

Email

Nearby
1363035 Elementary School
1362897 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/15/2025$1,550,000 -6.06% Price Down
7/7/2025$1,650,000 -5.71% Price Down
1/8/2025$1,750,000 Listed Price

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620 E New Haven Avenue, Melbourne, FL, 32901 is a Property for Rent at $1,550,000 with 4,443 sqft and a lot size of 0.19. 620 E New Haven Avenue has 7.0 baths and was built in 1954. The property's zip code is 32901 which is in Melbourne, FL

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