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$1,800,000

  • For Sale
  • Active
  • Commercial Multi-Family
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Turnkey 8-Unit Multifamily Investment - Prime Melbourne, FL Location 5% CAP Discover 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.

Full Property Details for 837 Hickory St

General

  • Price: $1,800,000
  • HOA FEE: $2,863
  • Taxes: $10,031 (2024)
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: BrevardCounty
  • MLS ID: 1060500
  • Updated: 10/28/2025
  • Added to Site: 106 day(s) ago

Interior

  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 8

Additional Information

  • Security/Safety: Smoke Detector(s)

Parking

  • Parking Features: Additional Parking, Guest, Parking Lot, Unassigned

Location

  • Area: 323 - Eau Gallie
  • County: Brevard
  • Subdivision: Riverside Drive
  • Driving Directions: Head north on I-95, take exit 182 toward Ellis Rd/St Johns Heritage Pkwy, continue onto W Nasa Blvd, Use the 2 left lanes to turn left to stay on W Nasa Blvd, turn left onto Hickory St, Turn right.

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Connected, Sewer Connected

Structural Information

  • Exterior Const.: Concrete, Stucco
  • Roof: Metal
  • Stories/Levels: 2
  • Square Feet: 5,500
  • Sq. Ft. Source: Appraiser
  • Living Area: 5,500 Sq. Ft.
  • Current Bldg. Use: Commercial, Investment, Multi-Family, Residential
  • Year Built: 1979

Unit Information

  • Units in Building: 8

Lot Features

  • Lot Size (Acres): 0.36
  • Lot Size (Sq. Ft.): 15,681.6
  • Frontage: City Street
  • Lot Features: Other

Financial Considerations

  • Price Per Sq. Ft.: $327.27
  • Maint. Fee/Month: $2,863
  • Tax Amount: $10,031
  • Tax Year: 2024
  • Terms: Cash, Conventional
  • Owner Pays: Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Janitorial Service, Other Tax, Repairs, Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Insurance, Pest Control, Repairs, Telephone

Disclosures and Reports

  • Property ID: 27-37-34-Ep-0000a.0-0056.00

Listed by NeX-Gen Partners and Non-MLS or Out of Area

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Listing agents

— 837 Hickory St —

  • NeX-Gen Partners

  • Non-MLS or Out of Area

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 837 Hickory St

School District:Brevard County School District
NameGradesDistance
Harbor City Elementary School
1377 Sarno Road, Melbourne, FL 32935
PK-62.4 mi
Herbert C. Hoover Middle School
2000 Hawk Haven Drive, Indialantic, FL 32903
7-82.4 mi
Melbourne Senior High School
74 Bulldog Boulevard, Melbourne, FL 32901
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 837 Hickory St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/24/2025
Listed
$1,800,000
729.49%
MLS
5/03/2010
Sold
$217,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 837 Hickory St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,666
2%
$672,000
—
2024
$10,449
4%
$672,000
—
2023
$10,023
20%
$672,000
27%
2022
$8,368
12%
$528,000
37%
2021
$7,460
—
$386,120
30%
2021
$7,460
28%
$297,120
5%
2019
$5,829
2%
$282,970
5%
2018
$5,692
1%
$270,000
4%
2017
$5,641
1%
$260,000
4%
2016
$5,579
5%
$250,000
15%
2015
$5,306
12%
$217,800
10%
2014
$4,730
4%
$198,000
4%
2013
$4,559
—
$190,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by NeX-Gen Partners and Non-MLS or Out of Area

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837 Hickory Street, Melbourne, FL 32901 (MLS# 1060500) is a Commercial Multi-Family property. 837 Hickory Street is currently listed for $1,800,000 and was received on October 24, 2025. Want to learn more about 837 Hickory Street? Do you have questions about finding other Commercial Multi-Family real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.

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