$1,800,000

837 Hickory Street, Melbourne, FL 32901

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon0.36acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Turnkey 8-Unit Multifamily Investment - Prime Melbourne, FL Location 5% CAPDiscover a high-performing 8-unit multifamily CBS building offering stable income and modern upgrades in a strong Space Coast rental market. Each unit is a 1 bed / 1 bath layout with updated interiors and a consistent rental history. With 5,500 SF of rentable area on 0.36 acre, this property provides an ideal balance of density, parking convenience, and long-term tenant retention. The property features a new metal roof (2020), electrical panels, appliances, HVAC, resurfaced/striped parking lot, and freshly painted.

Listing Status:
Active
Date Added:
October 24, 2025 at 05:00AM
Listing Office:
Nex Gen Realty & Property Mgnt : (772) 204-0664
Listing Agent:
Ana Mesa : (772) 204-0664
MLS ID:
R11135279
  • Flooring: Tile
  • A/C: Central AirCeiling Fan(s)Electric
  • Heating: CentralElectric
  • Roofing: Metal
  • General: Block2
  • Originating MLS: FTL_RMLS
  • County: Brevard
  • Zoning: RIVERSIDE DRIVE PART OF LOT 56 AS DES IN ORB 848 PG 992 EX ORB 866 PG 9281007 PG 978 BLK A273734epa56
  • Utilities: Cable AvailableElectricity AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: FTL_RMLS

This listing courtesy of Ana Mesa, Nex Gen Realty & Property Mgnt

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

U

University Park Elementary School

500 W University Blvd, Melbourne, FL, 32901

Grades PK-6

2.43 miles away

W

West Shore Junior/Senior High School

250 Wildcat Aly, Melbourne, FL, 32935

Grades 7-12

1.17 miles away

M

Melbourne High School

74 Bulldog Blvd, Melbourne, FL, 32901

Grades 9-12

0.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.