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837 Hickory Street Melbourne, FL $ 1,800,000
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$ 1,800,000 Get more info
837 Hickory Street
$ 1,800,000
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837 Hickory Street

Melbourne, FL, 32901
$ 1,800,000
Bedrooms-- Baths8.0 Sq 5,500

Monthly Estimate*

$ 11,230

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Commercial Property for sale in Melbourne, FL

for $1,800,000 with 8 full baths. This 5,500 square foot building was built in 1979.

Turnkey 8-Unit Multifamily Investment - Prime Melbourne, FL Location 5% CAPDiscover a high-performing 8-unit multifamily CBS building offering stable income and modern upgrades in a strong Space Coast rental market. Each unit is a 1 bed / 1 bath layout with updated interiors and a consistent rental history. With 5,500 SF of rentable area on 0.36 acre, this property provides an ideal balance of density, parking convenience, and long-term tenant retention. The property features a new metal roof (2020), electrical panels, appliances, HVAC, resurfaced/striped parking lot, and freshly painted.

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Commercial Active

Price

$ 1,800,000

Full Bath

8

Property Type

Commercial

Taxes

$ 10,031

Style

Income

Year Built

1979

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

RX11135279
Features
General
Construction CBS Stucco
Heating Central Electric
Cooling Ceiling Fan Central Electric
Utilities Cable Electric Public Sewer Public Water
Possession At Closing Funding
Roof Metal
Zoning Multifamily
Security None
Status Active
Year Built 1979
Subdivision RIVERSIDE DRIVE
Stories Count 2.0
Type MultiFamily (5+ Units)
Property Type E
Area 5940
Location Beach Area City Subdivision
Auction No
Tax Year 2024
Terms Considered Cash Conventional Exchange
Use Income
R.E. Taxes 10031.00
Virtual Tour https://www.propertypanorama.com/837-Hickory-Street-Melbourne-FL-32901/unbranded
Geo Area Other Geographic Area
Legal Description RIVERSIDE DRIVE PART OF LOT 56 AS DES IN ORB 848 PG 992 EX ORB 866 PG 928 1007 PG 978 BLK A
Total Expenses 33079.00
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Exterior
Waterfront No
Lot Size 0.36
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Interior
Flooring Tile
Total Number of Units 8
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Internal Only
OriginalMLSID RX-11135279
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* Excluded Features
List By
Ana I Mesa

Listing Agent

Nex Gen Realty & Property Mgnt

Broker

aimesa@hotmail.com

Email

Affordability Calculator

$12,066
Per Month
93%
7%
0%
Monthly Principal & Interest
$11,230
Monthly Property Taxes
$836
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
368239 Elementary School
368240 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/25/2025$1,800,000 Listed Price

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837 Hickory Street, Melbourne, FL, 32901 is a Commercial Property for sale at $1,800,000 with 5,500 sqft. 837 Hickory Street has 8.0 baths and was built in 1979. The property's zip code is 32901 which is in Melbourne, FL

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