2716 Riverview Dr Melbourne, FL 32901

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.