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Six-Unit Apartment Building
For Sale
Contact for pricing
Pending

2005 Carlton Dr, Melbourne, FL 32935

Fully rented apartment property with loft and conventional one-bedroom units, including renovated residences and additional upgrade scope.

Property SizeContact for details
Days on Market142

Property Features for 2005 Carlton Dr

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Property Condition

Severity Repairs Needed
Evidence require some renovation

Units

Unit Mix 3 x 1BR/1BA loft, 3 x 1BR/1BA
Multifamily Units 6
Listing Agency: Cervera Real Estate Inc.
Listed By: Walter Steven Vargas · License #3315484
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:20AM

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 Cervera Real Estate Inc.

Investment Insights

Based on property information with market context.

This six-unit apartment property is fully rented and includes two distinct unit configurations: three one-bedroom, one-bath lofts and three one-bedroom, one-bath apartments. The loft on the second floor offers the flexibility to function as a second bedroom. Three units have been renovated, while the remaining three require renovation for an owner pursuing further improvements. Tenant screening has been completed, and the existing residents have made timely payments. The property is located at 2005 Carlton Drive in Melbourne, Florida. A reported 6+% cap rate accompanies the current operation, with rent-payment documentation available upon request.

Key Highlights

  • Six‑unit apartment property at 2005 Carlton Drive, Melbourne, FL 32935
  • Current unit mix includes three one‑bedroom, one‑bath lofts and three one‑bedroom, one‑bath apartments
  • Second‑floor loft may function as a second bedroom

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant Dental Office Hair Salon Real Estate Agency Nail Salon Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

593
Businesses Nearby

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully rented apartment property with loft and conventional one-bedroom units, including renovated residences and additional upgrade scope.
Where is this apartment building located?
The property is located at 2005 Carlton Dr Melbourne, FL.
What are key features of this property?
This property features: Six‑unit apartment property at 2005 Carlton Drive, Melbourne, FL 32935; Current unit mix includes three one‑bedroom, one‑bath lofts and three one‑bedroom, one‑bath apartments; Second‑floor loft may function as a second bedroom
(786) 683-2938 Call to check price and availability
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