Riverside Drive Multifamily For Sale
837 Hickory Street, Melbourne, FL 32901

$1,800,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:R11135279
  • Virtual Tour: YES
  • List Price: $1,800,000
  • Taxes:$10,031
  • Year Built:1979
  • Listing Date:October 25, 2025
  • Days On Market:2
  • Total Units:8

Description


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.

Features


  • Floor:Tile
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker