1016 Brothers Ave, Melbourne, FL 32901-5519
- Retail space
- 504 SF
- 0.14 lot acres
Current Use by Public Records
- Retail space
Property Details for 1016 Brothers Ave
- Year built
- 1946
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.14 lot acres
- Zone code
- C2
- Property type
- Retail space
- APN
- 28-37-02-80-00000.0-0023.00
- APU
- 9223372036854775807
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 30, 2025 | — | United For Growth Foundation INC | North America Investors LLC | Quitclaim Deed · related | — |
| Dec 30, 2022 | $100,000 | North America Investors LLC | Hazel Buggs | Trustees Deed · related | — |
| Jun 4, 2020 | — | Extended Hand Community Center | Mohamed Tausief | Quit Claim Deed · related | — |
| Jul 22, 2019 | $100 | Mohamed Tausief | Church United For Fam Values I | Quit Claim Deed · related | — |
Description
This exceptional property at 1016 Brothers Avenue in Historic Downtown Melbourne, Florida, presents a unique investment opportunity. The two-story building, constructed in 1946, sits on a 6,098.4 square foot lot and boasts a total area exceeding 10,000 square feet. Originally operating as a hotel with 17 upstairs rooms and a ground floor bar, the building is currently in need of complete renovation. However, this presents a blank canvas for creative redevelopment, offering significant potential for a variety of uses. The property's location within a designated Opportunity Zone provides attractive tax incentives for investors, further enhancing its appeal. Additionally, the City of Melbourne offers funding opportunities for business owners dedicated to revitalizing the downtown area, making this a compelling proposition for those seeking both financial advantages and the chance to contribute to the city's ongoing growth. The asking price for this prime piece of Melbourne real estate is $1,000,000. This is a rare chance to acquire a substantial property in a vibrant, up-and-coming area with significant potential for return on investment. The property's rich history and prime location combine to create an unparalleled opportunity for the right buyer. Don't miss this chance to shape the future of Historic Downtown Melbourne.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6035
- Latitude
- 28.0726
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
