406 Bluff Drive Melbourne, FL $ 430,000
406 Bluff Drive
$ 430,000
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406 Bluff Drive

Melbourne, FL, 32901
$ 430,000
Bedrooms-- Baths-- Sq 3,324

Monthly Estimate*

$ 2,648

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Commercial Property for sale in Melbourne, FL

for $430,000. This 3,324 square foot building was built in 1925 on a lot size of 0.57.

Step back in time and unlock the potential of this rare historic income property just moments from the Indian River and vibrant downtown Melbourne. Situated on an oversized .57-acre lot, this unique multi-family propertly offers endless possibilities for investors, developers, or those seeking a one-of-a-kind residential estate. Originally built in 1925, the property features a charming quadplex, an additional apartment and a detached 3-car garage with ample carport parking, creating a flexible layout ideal for rental income or redevelopment. With approximately 3753 total square feet and zoning that allows for multiple living units, there is potential to expand. While the inside will require build-out, the opportunity to restore or redesign makes this a true value-add investment. If you're looking for an income producing investment, your dream home with space to grow, this property delivers unmatched potential. Cash only, no wholesalers please.

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Commercial Active

Price

$ 430,000

Property Type

Commercial

Taxes

$ 5,736

Style

Multi Family

Lot Size

0.57

Year Built

1925

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1075519

Features
General
Living Area 3324
Sewer Public Sewer
Heating None
Cooling None
Utilities Electricity Available Sewer Available Water Available
Possession Close Of Escrow
Construction Materials Concrete Stucco
Year Built 1925
Property Subtype Multi Family
Tax Year 2025
County Brevard
Property Type Commercial Sale
Attached Garage false
Subdivision Name Indian River Bluff Amended Plat No 2
Status Active
Directions US1 turn west on Avenue D then South to Bluff Drive.
City Melbourne
Zoning Description Multi Family
Number Of Units Total 0
MLS Area 323 - Eau Gallie
Lot Size Units Acres
Lot Size Square Feet 24829.2
Tax Annual Amount 5736.31
MLS Area Minor 323 - Eau Gallie
Additional Parcels Y/N false
Standard Status Active
Legal Description INDIAN RIVER BLUFF AMENDED PLAT NO 2 LOTS 200 201
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Interior
Total Stories 2
Air Conditioning Y/N false
Heating Y/N false
Total Baths 0
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Exterior
Parking Features Other
Lot Features Historic Area
Water Source Public
Inclusions Building & Land
Lot Size Area 0.57
Building Area Total 3324
Lot Size Acres 0.57
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* Excluded Features
List By
Denovo Realty

Broker

karabaker21@gmail.com

Email

Affordability Calculator

$3,126
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,648
Monthly Property Taxes
$478
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2026$430,000 Listed Price

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406 Bluff Drive, Melbourne, FL, 32901 is a Commercial Property for sale at $430,000 with 3,324 sqft and a lot size of 0.57. 406 Bluff Drive was built in 1925. The property's zip code is 32901 which is in Melbourne, FL