1248 Highland Avenue Melbourne, FL $ 757,997
1248 Highland Avenue
$ 757,997
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1248 Highland Avenue

Melbourne, FL, 32935
$ 757,997
Bedrooms3 Baths0.0 Sq 1,823

Monthly Estimate*

$ 4,729

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Multi-Family Home for sale in Melbourne, FL

for $757,997 with 3 bedrooms. This 1,823 square foot home was built in 1928 on a lot size of 0.3.

Historic Charm Meets Modern Functionality in the Eau Gallie Arts District. *72-hour kickout Clause in Place* BUSINESS OPPORTUNITY: Looking for a BED & BREAKFAST or AirBNB venture? This fully furnished 1928 historic home is currently generating income as a part-time Airbnb rental and offers the possibilities for a great and much needed full-time Bed & Breakfast in the area. Situated just a 4-minute walk from the vibrant Downtown Eau Gallie Arts District, a 3-minute stroll to the river and boat docks, and 8 minutes to the Popular Cocoa Beach, this property is ideally located to attract guests year-round. How do you convert this single family into a Bed & Breakfast? Turn the spacious detached 2-car workshop, and fully equipped RV spots into additional living quarters for nightly rentals. Per City of Melbourne, you need one parking space per guest suite, and there is plenty of space within the limits of this property. The possibilities are endless. PROPERTY HIGHLIGHTS: This beautifully restored 1928 home was remodeled in 2014 to preserve its original period style while incorporating modern conveniences. Set on a 1/3-acre corner lot, the property features two entrances, a paved driveway, and ample parking for residents and guests. The detached 2-car workshop offers potential for conversion into a guest house, in-law suite, or private studio. Additionally, a detached shed awaits transformation into host quarters (if you go the B&B route), a she-shed, or creative retreat A welcoming front porch provides an ideal spot for guests to relax and enjoy the neighborhood's ambiance. The home boasts beautifully restored hardwood flooring, a formal living room, a cozy family area, a modern kitchen with stainless steel appliances, and a charming butler's pantry. A flexible room downstairs offers potential as a home office, den, or playroom. Upstairs, two generously sized bedrooms and two full bathrooms await. A third, smaller room is perfect for a nursery, private dressing room, or ensuite extension to the adjacent bedroom. An upstairs balcony offers views of the historic neighborhood and lush greenery. PRIME LOCATION IN YOUR BACKYARD WITHIN 5 - 10 MINUTES Guests will appreciate being just a 3-minute walk from the Eau Gallie Arts District, home to trendy bars, restaurants, galleries, and boutiques. Outdoor enthusiasts will enjoy being less than ten minutes from the beach and 3-5 minutes from boat docks, the marina, and peaceful spots for kayaking. OTHER NEARBY ATTRACTIONS WITHIN 15-40 MINUTES This charming home offers easy access to a variety of renowned attractions: watch rocket launches from the porch, visit the Kennedy Space Center, explore the Brevard Zooranked No. 6 in the US or depart on a cruise from the nearby Port Canaveral Cruise Terminal. Guests will have many reasons to stay.

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Multi-Family Active

Price

$ 757,997

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 839

Style

Multi Family

Lot Size

0.3

Year Built

1928

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1047748

Features
General
Living Area 1823.0
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Cable Connected Water Connected
Possession Close Of Escrow
Roof Metal Shingle
Appliances Dryer Microwave Refrigerator Washer
Garage Spaces 2.0
Construction Materials Frame Wood Siding
Year Built 1928
View City Trees/Woods
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2023
Current Use Residential Single Family
Additional Parcels Description 2724725
County Brevard
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name None
Facing Direction East
Garage Y/N Y
Other Structures Workshop
Full Baths 0
Status Active
Directions Heading north on US1 turn right into Young Street then left on Highland Ave
High School Eau Gallie
City Melbourne
Senior Community Y/N N
Number Of Units Total 1
MLS Area 323 - Eau Gallie
Lot Size Units Acres
Lot Size Square Feet 13068.0
Carport Y/N N
Elementary School Creel
Tax Annual Amount 839.46
Home Warranty Y/N N
Middle/Junior High School Johnson
Lease Renewal Y/N N
MLS Area Minor 323 - Eau Gallie
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1047748
Standard Status Active
Legal Description HOUSTONS ADD TO EAU GALLIE E 113 FT OF S 114 FT OF LOT 23
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Exterior
Exterior Amenities Balcony
Fencing Back Yard Fenced Full Wood
Parking Features Additional Parking Detached Garage RV Access/Parking Unassigned
Lot Features Corner Lot Few Trees
Water Source Public
Lot Size Area 0.3
Number of Buildings 2
Spa N
Lot Size Acres 0.3
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 Wood
Furnished Y/N Furnished
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Laundry Features In Unit
Total Bedrooms 3
Total Baths 0
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Internal Only
Street Number 1 1248
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* Excluded Features
List By
Denovo Realty

Broker

Affordability Calculator

$4,799
Per Month
99%
1%
0%
Monthly Principal & Interest
$4,729
Monthly Property Taxes
$70
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
1362997 Elementary School
1363011 Middle School
Eau Gallie High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2025$757,997 Listed Price

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1248 Highland Avenue, Melbourne, FL, 32935 is a Multi-Family Home for sale at $757,997 with 1,823 sqft and a lot size of 0.3. 1248 Highland Avenue has 3 bedrooms, 0.0 baths, and was built in 1928. The property's zip code is 32935 which is in Melbourne, FL