This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/14
508 Ocean Avenue #C, Melbourne Beach, FL 32951
$1,275,000
508 Ocean Avenue #C, Melbourne Beach, FL 32951View this property at 508 Ocean Avenue #C, Melbourne Beach, FL 32951
508 Ocean Avenue #CMelbourne BeachFL32951
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/14
Property Description
A RARE opportunity for this versatile lot on Ocean Avenue offers the savvy investor myriad ventures such as retail spaces, offices, rentals, or a seamless blend of these. Featuring three free-standing buildings, the four individual units are currently occupied, offering a steady income stream. Positioned between the Atlantic Ocean and the Indian River, this coastal charm is just a short distance from 3 international airports offering easy access to both residents and visitors. Witness awe-inspiring rocket launches to the north and Florida's finest fishing and surf spots to the south. This expansive lot stands as a blank canvas, awaiting your vision for improvement, redevelopment, or renovation! Please note: respecting the privacy of the tenants is paramount. It is important to not intrude or trespass on the property; please make an appointment. This property is listed in MLS as: residential property, residential income, land or commercial. Please call for more information. Thank you
Full Property Details
Full Property Details for 508 Ocean Ave #C
General
- Price: $1,275,000
- Taxes: $6,783 (2023)
- Status: Active
- Type: Commercial
- MLS ID: 1012732
- Updated: 5/3/2024
- Added to Site: 18 day(s) ago
Interior
- Flooring: Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
Parking
- Parking Features: Additional Parking, Parking Lot, Unassigned
Location
- Area: 384-Indialantic/Melbourne Beach
- County: Brevard
- Subdivision: Henry Whitings Melbourne Bch
- Driving Directions: From I-95 & 192 (West New Haven Blvd) go East 8 miles, then go right/south on Riverside 1.7 mi, on Ocean Ave it's on the left/north side .01 miles from Riverside. From Sebastian Inlet go north on A1A 15.2 miles, on Ocean Ave it 's on the right .02 miles in from A1A.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s), Other
- Heating Type: None, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Water Connected, Propane, Other, Separate Electric Meters
Structural Information
- Exterior Const.: Frame, Vinyl Siding
- Roof: Metal, Other
- Square Feet: 3,131
- Living Area: 3,131 Sq. Ft.
- Current Bldg. Use: Investment, Multi-Family, Residential, Other
- Year Built: 1900
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,503.6
- Lot Features: Historic Area
Financial Considerations
- Price Per Sq. Ft.: $407.22
- Tax Amount: $6,783.18
- Tax Year: 2023
- Terms: Cash
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: Presently Leased
- Legal Description: HENRY WHITINGS MELBOURNE BCH E 30 FT (A/K/A E 1/2) OF LOT 24 & ALL LOT 25 BLK 3
- Property ID: 28-38-07-01-00003.0-0024.00
Listed by BHHS Florida Realty
Get Pre-Approved Today
Schools
Schools serving 508 Ocean Ave #C
School District:Brevard Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2100 Oak St, Melbourne Bch, FL 32951 | PK-6 | 1.1 mi | |
2000 Hawk Haven Dr, Indialantic, FL 32903 | 7-8 | 2.4 mi | |
74 Bulldog Blvd, Melbourne, FL 32901 | 9-12 | 3.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 Ocean Ave #C
Date
Details
Price
Change
Source
5/02/2024
Listed
$1,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 508 Ocean Ave #C
508 Ocean Avenue #C, Melbourne Beach, FL 32951 (MLS# 1012732) is a Commercial property. 508 Ocean Avenue #C is currently listed for $1,275,000 and was received on May 02, 2024. Want to learn more about 508 Ocean Avenue #C? Do you have questions about finding other Commercial real estate for sale in Melbourne Beach? You can browse all Melbourne Beach real estate or contact a Coldwell Banker agent to request more information.