Fractured Condominium Rental
For Sale
Contact for pricing
695 Short Hills Ln, Melbourne, FL 32901
98-unit rental community featuring 15 two-story buildings with detached garages in a concrete-block product.
Property SizeContact for details
Days on Market132
Property Features for 695 Short Hills Ln
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
JLL - Orlando, Florida
(813) 830-6535
Listed By:
Kenneth Delvillar · License #SL3090574
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 3:46AM
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 JLL - Orlando, Florida
Investment Insights
Based on property information with market context.
Harvard Condo Rentals offers a 98-unit rental community presented as part of a larger 112-unit fractured condominium community. The property includes 15 two-story buildings, and each condominium unit is served by a detached garage. Constructed as a rare concrete-block product type, the community includes unit sizes identified in the offering, with completion dates in 2006 and 2011.
Located on Florida’s Space Coast in Melbourne, the asset is positioned within a market described as having dynamic job growth and access to major tech and defense contractors including Lockheed Martin, Northrop Grumman, Blue Origin, and L3Harris.
The finishes are described as largely original, with moderate upgrades made to a portion of the units. The offering also notes the opportunity for new ownership to implement additional renovations and manage repurchase activity within the condominium association.
Located on Florida’s Space Coast in Melbourne, the asset is positioned within a market described as having dynamic job growth and access to major tech and defense contractors including Lockheed Martin, Northrop Grumman, Blue Origin, and L3Harris.
The finishes are described as largely original, with moderate upgrades made to a portion of the units. The offering also notes the opportunity for new ownership to implement additional renovations and manage repurchase activity within the condominium association.
Key Highlights
- 98‑unit rental community in a fractured condominium community
- 15 two‑story buildings with unit size of 1,247 SF
- Detached garages provided for each condominium unit
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Apartment building - 98-unit rental community featuring 15 two-story buildings with detached garages in a concrete-block product.
Where is this apartment building located?
The property is located at 695 Short Hills Ln Melbourne, FL.
What are key features of this property?
This property features: 98‑unit rental community in a fractured condominium community; 15 two‑story buildings with unit size of 1,247 SF; Detached garages provided for each condominium unit
