Investment Property

For Sale - 1511 Avocado Ave, $750,000

Three units in Historical Downtown EGAD Art District! Potential is there for zoning to allow for property owner to convert some or all the property to commercial art industry businesses. This must be approved by Egad. Properties back up to a private alleyway. Walk to restaurants, bars, clubs, intracoastal brewing Company, public library with a community dock on the intracoastal, history museums, historical houses, Civic Center, art galleries and Parks. Please do not disturb tenants all utilities are separated per unit and paid by tenants. Per Seller all tenants are Long term and month to month. Single family home is rented for $1200 a month and two studio apartments are rented for $625 a month. No Owner financing available. This is an ''AS IS'' Sale.

Zoning
MLS Number973529
Last Updated10/18/2023 01:35am

Listing provided by Blue Marlin Real Estate. Copyright 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved.

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Summary

1511 Avocado Ave
Melbourne
FL 32935

Property Usage:Multi-family - less than 10 units
Property Size:1,126 sq ft
Acreage:0.20
Year Built:1959
Property Class:C2
Number of Residential Units:3
1511 Avocado Ave is a 1,126 sq ft Multi-family - less than 10 units in Melbourne. It was built in 1959. It sits on 0.20 acres of land.

Buildings

BuildingYear BuiltSizeUsageFeatures
Building 1 1959 1,126.00 Triplex Painted Exterior, Vinyl/Aluminum Exterior, Masonry Concete Frame, Wood Frame, Roll Composition Roof, Enamel Metal Roof, Hip/Gable Roof, Car Port, Utility Room, Enclosed Porch,

Sales History

DateSold BySold ToDeed TypePrice
09/02/1999 Seller: 375295 Buyer: 208724 Warranty Deed/Special Warranty Deed 62,500.00
07/22/2003 Seller: 612452 Buyer: 612452 Certificate Of Title 100.00
08/15/2003 Seller: 612452 Buyer: 171661 Warranty Deed/Special Warranty Deed 135,000.00
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