2273 Merlin Drive Melbourne, FL $ 750,000
2273 Merlin Drive
$ 750,000
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2273 Merlin Drive

Melbourne, FL, 32904
$ 750,000
Baths0.0 Sq 2,337

Monthly Estimate*

$ 4,679

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View a Virtual Tour
Studio

Multi-Family Home for sale in Melbourne, FL

for $750,000. This 2,337 square foot home was built in 2007 on a lot size of 0.22.

Diamond ALF is a fully licensed, turnkey assisted living facility offering a rare opportunity for immediate operation and strong income potential. Recently renovated with several hundred thousand dollars in upgrades, this 4-bedroom property is approved for six residents and includes a full fire alarm and suppression system, a backup generator, and all infrastructure required for regulatory compliance. Though currently unoccupied, the facility is fully approved, licensed, and ready to open its doors. Each of the six beds is capable of generating approximately $5,000 - $5,500 per month, offering the potential for $30,000+/month in gross income. The layout is efficient and resident-friendly, creating a safe and comfortable environment while allowing for smooth day-to-day operations. Whether you're an experienced operator or new to the senior care industry, Diamond ALF delivers a fully finished, move-in ready business in a growing market with increasing demand for assisted living services

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Multi-Family Active

Price

$ 750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,272

Style

Multi Family

Lot Size

0.22

Year Built

2007

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1047512

Features
General
Living Area 2337.0
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Electric Range Electric Water Heater Microwave Refrigerator
Garage Spaces 2.0
Security Features Fire Alarm Fire Sprinkler System Security Lights Smoke Detector(s)
Construction Materials Block Stucco
Year Built 2007
Electric Whole House Generator
View Canal Trees/Woods
Levels One
Property Subtype Multi Family
Tax Year 2023
Current Use Commercial Investment Residential
Additional Parcels Description 2863934
County Brevard
New Construction N
Property Type Residential Income
HOA N
Attached Garage Y
Subdivision Name Falcon Ridge
Garage Y/N Y
Full Baths 0
Status Active
Directions Griffith to Merlin.
High School Melbourne
City Melbourne
Senior Community Y/N N
Number Of Units Total 0
MLS Area 331 - West Melbourne
Lot Size Units Acres
Lot Size Square Feet 9583.0
Carport Y/N N
Elementary School Meadowlane
Tax Annual Amount 5272.74
Home Warranty Y/N N
Middle/Junior High School Central
Lease Renewal Y/N N
MLS Area Minor 331 - West Melbourne
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1047512
Standard Status Active
Legal Description FALCON RIDGE LOT 31 BLK A
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Exterior
Exterior Amenities Storm Shutters
Parking Features Attached Garage Garage Door Opener
Lot Features Cleared
Water Source Public
Lot Size Area 0.22
Spa N
Lot Size Acres 0.22
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Laminate Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Laundry Features Electric Dryer Hookup
Total Bedrooms 0
Total Baths 0
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Internal Only
Street Number 1 2273
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* Excluded Features
List By
Landshark Realty

Broker

cspaur@floridalandshark.com

Email

Affordability Calculator

$5,118
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,679
Monthly Property Taxes
$439
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1362927 Elementary School
1363033 Middle School
Melbourne High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2025$750,000 Listed Price

Map


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2273 Merlin Drive, Melbourne, FL, 32904 is a Multi-Family Home for sale at $750,000 with 2,337 sqft and a lot size of 0.22. 2273 Merlin Drive is a studio with 0.0 baths and was built in 2007. The property's zip code is 32904 which is in Melbourne, FL