837 Hickory Street, Melbourne, FL 32901
About Property
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 acres, 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.
Essential Property Information
- Year Built: 1979
- Price: $1,800,000
- Property Type: Commercial
- Country: USA
- City: Melbourne
- Bathrooms: 8.00
Additional Property Info
- Acres: 0.36 acres
- Current Zoning: Multi Family
- Listing ID: 1060500
- Listing Status: Active
- Number Bathrooms: 8.00
- Property Type: Commercial
- Real Estate Taxes: $10,031
- SqFt - Total: 5,500 sqft
- State/Province: FL
- Status: Active
- Status Change Date: Saturday, October 25th, 2025
- Street Name: Hickory
- Street Number: 837
- Street Suffix: Street
- Subdivision: Riverside Drive
- Tax Year: 2024
- Total Building Area: 5500.00
- Total Units: 2
- Type: Multi Family
- Virtual Tour: Click Here
- Waterfront: No
- Year Built: 1979
- Zip Code: 32901
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