89 NW Irwin Avenue Melbourne, FL $ 1,480,000
89 NW Irwin Avenue
$ 1,480,000
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89 NW Irwin Avenue

Melbourne, FL, 32904
$ 1,480,000
Bedrooms8 Baths8.0 Sq 7,728

Monthly Estimate*

$ 9,233

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Multi-Family Home for sale in Melbourne, FL

for $1,480,000 with 8 bedrooms and 8 full baths. This 7,728 square foot home was built in 1973 on a lot size of 0.58.

11 Units in a Prime Location! New Roof & Windows! Multi-unit complex perfectly situated in the heart of town, surrounded by major employers, stunning beaches, the Melbourne Mall, and the airport. The offering includes three properties at 89, 87, and 85 NW Irwin Avenue, consisting of: 8-unit apartment building (each 1 bed/1 bath) Duplex (each 2 bed/1 bath) Single-family home (3 bed/2 bath)

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Multi-Family Active

Price

$ 1,480,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 10,134

Style

Multi Family

Lot Size

0.58

Year Built

1973

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1028572

Features
General
Living Area 7728.0
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Connected Sewer Connected Water Available
Possession Subject To Tenant Rights
Roof Membrane Shingle
Appliances Electric Range Refrigerator
Security Features Fire Alarm Smoke Detector(s)
Construction Materials Brick Stucco
Year Built 1973
Tenant Pays Cable TV Electricity Insurance
View Other
Stories Count 2
Property Subtype Multi Family
Tax Year 2024
Current Use Investment Multi-Family
Gross Income 192000.0
Additional Parcels Description 2819901
County Brevard
Net Operating Income 158679.0
Operating Expense 33321.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Facing Direction South
Garage Y/N N
Full Baths 8
Status Active
Directions From 192 turn North on to NW Irwin Avenue. Property will be on the left.
High School Melbourne
City Melbourne
Senior Community Y/N N
Number Of Units Total 11
MLS Area 331 - West Melbourne
Lot Size Units Acres
Lot Size Square Feet 25265.0
Carport Y/N N
Elementary School University Park
Tax Annual Amount 10134.0
Home Warranty Y/N N
Middle/Junior High School Stone
Lease Renewal Y/N N
MLS Area Minor 331 - West Melbourne
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1028572
Standard Status Active
Legal Description MONA PARK SUBD LOTS 6 7 BLK C
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Exterior
Exterior Amenities Impact Windows Storm Shutters
Parking Features Parking Lot
Lot Features Few Trees
Water Source Public
Total Parking 18.0
Lot Size Area 0.58
Number of Buildings 3
Spa N
Lot Size Acres 0.58
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 Tile
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Total Bedrooms 8
Entry Level 1
Total Baths 8
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Internal Only
Street Number 1 89
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* Excluded Features
List By
Lpt Realty, Llc

Broker

Affordability Calculator

$10,078
Per Month
92%
8%
0%
Monthly Principal & Interest
$9,233
Monthly Property Taxes
$845
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
1362892 Elementary School
1363024 Middle School
Melbourne High School High School
Pricing History
DatePricePrice ChangeDescription
12/20/2025$1,480,000 -1.27% Price Down
7/30/2025$1,499,000 -3.91% Price Down
7/11/2025$1,560,000 -2.44% Price Down
4/24/2025$1,599,000 -11.12% Price Down
2/3/2025$1,799,000 -2.76% Price Down
1/3/2025$1,850,000 -2.63% Price Down
12/24/2024$1,900,000 -2.81% Price Down
11/1/2024$1,955,000 Listed Price

Map


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89 NW Irwin Avenue, Melbourne, FL, 32904 is a Multi-Family Home for sale at $1,480,000 with 7,728 sqft and a lot size of 0.58. 89 NW Irwin Avenue has 8 bedrooms, 8.0 baths, and was built in 1973. The property's zip code is 32904 which is in Melbourne, FL