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$1,800,000

  • For Sale
  • Active
  • Single Family
  • 8 Beds
  • 8 Full Baths
  • 5,500 Sq. Ft.
  • Updated 3 days ago
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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 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.

Full Property Details for 837 Hickory St

General

  • Price: $1,800,000
  • Taxes: $11,276 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Regional
  • MLS ID: R11161626
  • Updated: 2/20/2026
  • Added to Site: 17 day(s) ago

Interior

  • Number of Rooms: 3
  • Interior Features: Family/Dining Room, None, Tub Shower
  • Appliances: Dryer, Electric Water Heater, Free-Standing Freezer, Microwave, Refrigerator, Water Heater, Washer
  • Furnishings: Unfurnished

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8
  • Main Floor Baths: 4

Bedrooms

  • Total Bedrooms: 8
  • Bedrooms Main: 4

Additional Information

  • Shared Amenities: None
  • Security/Safety: None

Parking

  • Parking Features: Guest

Location

  • County: Brevard
  • Subdivision: RIVERSIDE DRIVE
  • Direction Faces: Southwest

Community

  • Community Name: 5940 - Other Florida County

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Other

Utilities

  • Water: Public
  • Utility Description: None, Water Available

Structural Information

  • Construction: Block, Stucco
  • Roof: Metal
  • Stories/Levels: 2
  • Building Size: 5500
  • Square Feet: 5,500
  • Living Area: 5,500 Sq. Ft.
  • Year Built: 1979
  • Property Condition: Resale

Lot Features

  • Property View: Other
  • Lot Size (Acres): 0.36
  • Lot Size (Sq. Ft.): 15,681.6
  • Lot Features: Item14to12AcreLot
  • Zoning: Multifamily

Water Features

  • Water Front View: None

Financial Considerations

  • Tax Amount: $11,276.3
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Disclosures and Reports

  • Legal Description: RIVERSIDE DRIVE PART OF LOT 56 AS DES IN ORB 848 PG 992 EX ORB 866 PG 928, 1007 PG 978 BLK A
  • Property ID: 27 3734ep0000a0 56

Listed by Nex Gen Realty & Property Mgnt and Bayside Property Services LLC

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Listing agents

— 837 Hickory St —

  • Nex Gen Realty & Property Mgnt

  • Bayside Property Services LLC

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
2/06/2026
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

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Listed by Nex Gen Realty & Property Mgnt and Bayside Property Services LLC

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837 Hickory Street, Melbourne, FL 32901 (MLS# R11161626) is a Single Family property with 8 bedrooms and 8 full bathrooms. 837 Hickory Street is currently listed for $1,800,000 and was received on February 07, 2026. Want to learn more about 837 Hickory Street? Do you have questions about finding other Single 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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