$10,000
closing credit¹
2716 Riverview Dr Melbourne, FL 32901
Property details
About 2716 Riverview Dr
Prime Multifamily Investment Opportunity in Historic Downtown Melbourne. Own a piece of iconic Florida architecture with stunning Indian River views, just minutes from Historic Downtown Melbourne. Situated on a half-acre lot, this turn-key investment features five rental units across two buildings, offering a mix of unit sizes to cater to various tenant needs. -5 Rental Units: Two studios, one one-bedroom, one two-bedrooms, and one three bedroom -Zoned Commercial Multi-Family Residential 2 to 9 units. -Strong Rent Potential: Diverse unit types appeal to a range of tenants, ensuring consistent cash flow. -Prime Location: Close to Downtown Melbourne's shops, dining, and attractions, with easy access to the Indian River and local parks. -Dual Parking Areas: Two separate parking areas provide ample, parking for tenants. This property offers multifamily investors a turn-key opportunity with income potential and room for expansion. A great balance of location, charm, and growth opportunity.
Highlights
Virtual tour
Summary
- MLS Number: 1033586
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: Keller Williams Realty Brevard
- Office Phone: (321) 259-1170
- Office Email: klrw404@kw.com
- Listing Agent: Leann Graefe, Paige Lane
Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 10:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,100,000
2716 Riverview Dr
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 09, 2006 | Home Sold | $757,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $331,200 | $5,770 |
| 2022 | $321,000 | $5,250 |
| 2021 | $251,480 | $5,250 |
| 2020 | $232,860 | $4,478 |
| 2019 | $228,500 | $4,448 |
| 2018 | $218,000 | $4,447 |
| 2017 | $212,000 | $4,447 |
History based on county public records data.
Nearby schools
3
University Park Elementary School
Public District PK-6
2.0 mi
•500 W University Blvd
10
Indialantic Elementary School
Public District KG-6
2.6 mi
•1050 N Palm Ave
10
Gemini Elementary School
Public District KG-6
2.7 mi
•2100 Oak St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,952. Typical income of Melbourne, FL residents is less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Extreme Sports
Where do the neighbors shop?
Big Lots
Family Dollar
Sam's Club
Where do the neighbors go to eat?
Golden Corral
White Castle
LongHorn Steakhouse
What do the neighbors drive?
Kia
Chevrolet
Oldsmobile
What do the neighbors listen to?
Adult Standards
Rock
Contemporary Inspirational
This home is located at 2716 Riverview Dr in Melbourne, FL and zip code 32901 in the Riverview Hights neighborhood. This 3,194 square foot home, which was built in 1927, sits on a 0.49 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 8, 2025 and is currently priced at $1,100,000.
In January 2025, from all listings sold in Melbourne, FL there were more than 15 sold above asking price, over 120 sold below and more than 42 were sold right at the asked price. The number of homes for sale in Melbourne, FL increased by 9.3% between December and January 2025. In January 2025 median list price was $416,799 and the average listing age was 59 days.