Mixed-Use Property in Arts
For Sale
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1987 Highland Avenue, Melbourne, FL 32935
Mixed-use property in Eau Gallie Arts District, built in 2013.
Property SizeContact for details
Days on Market814
Property Features for 1987 Highland Avenue
General Information
Standard status
Active
Property subtype
Mixed Use
Zoning
C1
Building Details
Year Built
2013
Listing Agency:
LPT Realty
(321) 795-7595
Listed By:
Kate Flack · License #3221654
Source:
Crexi
Added: May 19, 2024
Changed: Aug 9
Last Checked: Aug 9 at 7:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty
Investment Insights
Based on property information with market context.
This mixed-use property, constructed in 2013, is located in the Eau Gallie Arts District and is zoned C-1. The property is currently used as a second home and short-term rental, and includes a pool. Furnishings are mostly new and available optionally. Potential uses for this location include Airbnb, Bed & Breakfast, Assisted Living, Doggie Daycare, Medical, Spa, or Professional Office, subject to verification. One area of the backyard remains incomplete. The surrounding area is undergoing considerable improvement, with new construction riverfront homes one block away listing over $2M.
Key Highlights
- Rare mixed‑use property in the Eau Gallie Arts District.
- Zoned C‑1, offering diverse business opportunities (subject to verification).
- Built in 2013 with mostly new furnishings (optional).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
838
Businesses Nearby
Explore this area
Business Placement
Demographics for 32935, FL
41,837
Population
20,338
Households
2.1
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
13.1 sq mi
ZIP Area
3,194
Density / Sq Mi
$63,841
Median Household Income
$38,094
Median Earnings
$1,404
Median Rent
$240,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in Eau Gallie Arts District, built in 2013.
Where is this mixed-use property located?
The property is located at 1987 Highland Avenue Melbourne, FL.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Rare mixed‑use property in the Eau Gallie Arts District.; Zoned C‑1, offering diverse business opportunities (subject to verification).; Built in 2013 with mostly new furnishings (optional).
