406 Bluff Drive, Melbourne, FL 32901

Local realty services provided by:Better Homes and Gardens Real Estate Star
406 Bluff Drive,Melbourne, FL 32901
$499,900
Virtual Tour
  • - Beds
  • - Baths
  • 3,324 sq. ft.
  • Multi-family
  • Active
Listed by:sarah clifford
Office:real estate solutions brevard
MLS#:952632
Source:FL_SPACE

Price summary

  • Price:$499,900
  • Price per sq. ft.:$150.39

About this home

This property is over 1/2 an acre, just 2 blocks from the Indian River Lagoon, and is located between the Historic Downtown Eau Gallie & Downtown Melbourne. This property is zoned for 6 units. The frontage is currently a historic Quadplex building with an attached apartment and additional apartment. Additionally, a 6-car detached garage. There are 5 kitchens, 4 fireplaces and 6-carports.All units need to be refurbished. New roof 2024 on the front quadplex and apartment. The large lot recently cleared of all trees & shrubs. 6 units with additional income possibilities from 6 garage units. This home is grandfathered in with multiple benefits (i.e. multiple living, city water/sewer, well). This historic home could be turned into a beautiful Airbnb or Bed & Breakfast with large apartments. A Jimmy Buffett- themed riverfront hotel-marina resort & a 55-acre Lagoona Beach Lagoon & shopping center coming soon.. Great ROI opportunity

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Home facts

  • Year built:1925
  • Listing ID #:952632
  • Added:972 day(s) ago

Rooms and interior

  • Living area:3,324 sq. ft.

Structure and exterior

  • Year built:1925
  • Building area:3,324 sq. ft.
  • Lot area:0.57 Acres

Schools

  • High school:Melbourne
  • Middle school:Hoover
  • Elementary school:Harbor City

Utilities

  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$499,900
  • Price per sq. ft.:$150.39
  • Tax amount:$1,020 (2022)
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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