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Property profile & analytics

2716 Riverview Dr Melbourne, FL 32901

  • Multifamily properties
  • 3,316 SF
  • 0.49 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US19-0825116
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Multifamily properties

Property Details for 2716 Riverview Dr

Year built
1927
Lot size
0.49 lot acres
Property size
3,316 SF
Property type
Multifamily properties

Description

This exceptional multifamily investment property, located at 2716 Riverview Drive Unit A, Melbourne, Florida, presents a rare opportunity to acquire a turn-key income-generating asset in a highly desirable location. The property boasts a prime position, offering stunning views of the Indian River and convenient access to the vibrant shops, dining, and attractions of Historic Downtown Melbourne. Situated on a spacious 0.49-acre lot, the property comprises two buildings housing a total of five rental units, providing a diverse mix of housing options to attract a wide range of tenants. The unit configuration includes two studios, one one-bedroom unit, and two two-bedroom units, catering to various tenant needs and maximizing rental income potential. The property is zoned Commercial Multi-Family Residential for 2 to 9 units, offering potential for future expansion or renovation to further enhance profitability. Ample parking is provided by two separate parking areas, ensuring convenient parking for all tenants. This property represents a compelling investment opportunity, combining the allure of a prime location, the stability of established rental income, and the potential for future growth in a thriving Florida market. The property's blend of historic charm and modern convenience makes it an attractive proposition for discerning investors seeking a strong return on investment. The existing tenant base and diverse unit mix contribute to a consistent cash flow, making this a truly turn-key investment ready to generate immediate income.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Melbourne
County
Brevard
State
Florida
Longitude
-80.59744
Latitude
28.06849
More about this property
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