Renovated Furnished Apartment
For Sale
Contact for pricing
Pending
1207 E River Drive, Melbourne, FL 32901
Nineteen furnished studios are professionally managed near the Indian River.
Property SizeContact for details
Lot Size0.52 Acres
Days on Market144
Property Features for 1207 E River Drive
General Information
Standard status
Pending
Net Rentable
7,926 SF
Lot size
0.52 Acres
Property subtype
Multifamily
Units
Unit Mix
19 x studio
Multifamily Units
19
Additional Details
Furnished
Yes
Listing Agency:
FlatFee.com
(954) 965-3990
Listed By:
Cliff Glansen · License #707077
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 10:32PM
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Investment Insights
Based on property information with market context.
This 19-unit apartment property contains exclusively studio residences with a total of 7,926 rentable square feet. The units are furnished and have been renovated, while professional management is currently in place.
Located at 1207 E River Drive in Melbourne, Florida, the property occupies .52 acres and sits 1 block from the Indian River. The existing configuration provides a cohesive multifamily asset with nineteen studio apartments.
Located at 1207 E River Drive in Melbourne, Florida, the property occupies .52 acres and sits 1 block from the Indian River. The existing configuration provides a cohesive multifamily asset with nineteen studio apartments.
Key Highlights
- 19 studio apartments totaling 7,926 rentable square feet
- Units have been fully renovated and furnished
- Professionally managed multifamily property
Property Analytics
Property Profile
Current Use
Lease Details
19
Residential units
Location Intelligence
Trade Area within ½ mile
1,538
Businesses Nearby
Explore this area
Business Placement
Demographics for 32901, FL
26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Nineteen furnished studios are professionally managed near the Indian River.
Where is this apartment building located?
The property is located at 1207 E River Drive Melbourne, FL.
What are key features of this property?
This property features: 19 studio apartments totaling 7,926 rentable square feet; Units have been fully renovated and furnished; Professionally managed multifamily property
