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    20 Ella St Melbourne, FL 32935

    Pending
    For Sale
    $1,350,000

    Multi Family - MELBOURNE, FL

    Property size:
    5,916 SF
    Lot size:
    0.45 Acres
    Days on Market:
    62
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 20 Ella St

    General Information

    Property type
    Residential Multi Family
    Standard status
    Pending
    Zoning
    R2
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    18
    APN
    27 3727-25-G-11
    Size
    5,916 SF
    Lot size
    0.45 Acres

    Utilities

    Heating system
    Ductless (Heating)
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1964
    Number of units
    9
    Building materials
    Concrete
    Roof type
    Shingle
    Architectural style
    Other

    Lawhun Enterprises, LLC (407) 207-2220 [email protected]

    Listing agent Tito Urbano Perez (407) 207-2220 License #3470017

    Listing date Oct 7, 2025

    MLS# TB8344882 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Melbourne Multifamily Investment Opportunity

    Ella Apartments is a nine-unit apartment building located in Melbourne, Florida. Constructed of concrete block, the property consists entirely of two-bedroom, one-bath units. Each unit is separately metered for both water and electric, with tenants responsible for these utilities. The property is professionally managed and situated on a 0.45-acre lot. The building has a total area of 5916 square feet. The zoning is R2.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sam's Design Studio Website Designer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.620925
    Latitude
    28.112164

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    FAQs

    What type of property is this?
    Apartment building - Nine-unit apartment building in Melbourne, Florida, with separately metered utilities.
    Where is this apartment building located?
    The property is located at 20 Ella St Melbourne, FL.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - 9-unit apartment building in Melbourne, FL; - Concrete block construction; - All units are large 2 bedroom 1 bath apartments.
    (407) 207-2220
    Request Owner's contact information
    20 Ella St Melbourne, FL 32935
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    Melbourne, FL 32935
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20 Ella St Melbourne, FL 32935
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