704 E Lincoln Avenue
Melbourne, FL 32901
- – beds
- – baths
- 2,619 sqft
- 8,712 sqft lot
- $324 per sqft
- 1926 build
- – on site
Historic quadriplex in Downtown Melbourne! Turnkey short-term rental opportunity with 5yr income history. This Spanish Colonial 4-unit short-term rental property consists of a two-story apartment building with a mix of four one-bedroom/one-bath units. All units are fully furnished and thoughtfully decorated with a mix of modern aesthetic and old-Florida charm. Located 0.2 acres, just 2 blks from historic Downtown Melbourne, within walking distance of restaurants, bars, shops, and the Indian River. The Indialantic beaches are only 3 miles away. The property offers ample parking, including street parking, one carport, and 4 parking spaces. Separate entry points and large front and back yards offer privacy and separation. Improvements: new roof installed 2023 and 4 high-efficiency ductless AC systems also installed in 2023. Flexible C1 mixed-use zoning. Gross income of $110,000 (3 yr avg) with very high occupancy and steady income. Professional management with superhost status can continue
Listing courtesy of STELLAR_MLS / PINEAPPLE PLACE REALTY, LLC
Last checked:
Checking…
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Last updated Sep 20, 2024
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MLS# O6242336 —
The Building
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Year Built:1926
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New Construction:false
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Construction Materials:Block
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Roof:Other
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Foundation Details:Slab
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# of Buildings:1
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Building Area Units:Square Feet
Interior
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Interior Features:Ceiling Fan(s)
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Flooring:Ceramic Tile
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Fireplace:true
Room Dimensions
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Living Area:2619
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From I95 take SR192 505 miles towards Melbourne, then turn left on Livingston st., then right on E Lincoln Ave - the property is on your left
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Latitude:28.081169
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Longitude:-80.609155
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Coordinates:-80.609155, 28.081169
The Property
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Parcel Number:28 3703FC3614
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Lot Size Acres:0.2
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Lot Size Area:8712
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Lot Size SqFt:8712
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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Zoning:C1
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View:false
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Exterior Features:Sidewalk
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Water Source:Public
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Road Surface Type:Asphalt
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Flood Zone Code:X
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Flood Zone Panel:12009C0603H
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Additional Parcels:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (407) 497-8563
- Office phone:
- (407) 497-8563
Taxes
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Tax Year:2023
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Tax Lot:14
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Tax Block:36
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Tax Legal Description:CAMPS PLAT OF MELBOURNE LOT 14 BLK 36
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Tax Book Number:0001/0054
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Tax Annual Amount:7074
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/O6242336
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
Appliances
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Laundry Features:None
The Community
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Subdivision Name:CAMPS PLAT OF MELBOURNE
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Senior Community:false
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Water View:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:false
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Carport Spaces:1
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Covered Spaces:1
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/19/24
Sep 19, 2024
|
Listed / Active | STELLAR_MLS | $850,000 |