973 Harbor City Blvd Melbourne, FL 32935
- Residential income homes
- 0.52 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 973 Harbor City Blvd
- Year built
- 1916
- Lot size
- 0.52 lot acres
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a beautifully maintained, three-unit multifamily property located at 973 N Harbor City Blvd, Melbourne, FL 32935. The Harbor House, built in 1916, offers 4,176 square feet of net rentable space across three stories, situated on a 0.52-acre lot. Boasting stunning views of Eau Gallie Harbor, this property includes a private 150-foot pier, perfect for boating and fishing enthusiasts. The home features five bedrooms and 4.5 bathrooms, providing ample space for large families or groups. A significant highlight is the expansive covered outdoor patio overlooking the water, ideal for entertaining. Currently operating as a highly successful Airbnb, this property presents significant value-add potential. The deep-water harbor is suitable for yachts exceeding 100 feet in length, and the property is privately gated, ensuring privacy and security. The asking price is $1,900,000, with a price per unit of $633,333.33. This unique property offers a blend of historic charm, modern amenities, and significant income potential, making it an attractive investment in the desirable Melbourne, Florida market. The property's location offers both residential and commercial possibilities, presenting a versatile investment opportunity for discerning buyers. The property's strong rental history and prime waterfront location make it a compelling investment in the thriving Florida real estate market.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.631011885351
- Latitude
- 28.123042007468
