2716 Riverview 2716 Dr Melbourne, FL 32901

This exceptional multifamily investment property is situated on a desirable 0.49-acre lot in Melbourne, Florida, offering breathtaking Indian River views. The property boasts five well-maintained rental units spread across two buildings, 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, ensuring a consistent rental income stream. The property is zoned Commercial Multi-Family Residential (2 to 9 units), presenting potential for future expansion or redevelopment. Its prime location offers easy access to the vibrant shops, restaurants, and attractions of Historic Downtown Melbourne, as well as the scenic Indian River and local parks. Two distinct parking areas provide ample parking for all tenants. This turn-key investment presents a compelling opportunity for multifamily investors seeking a property with strong rental potential, a desirable location, and the potential for future growth. The property's blend of historic charm and modern convenience makes it an attractive investment in a thriving Florida community. The existing units are ready for immediate income generation, minimizing upfront investment and maximizing return. This is a rare opportunity to acquire a well-established multifamily property in a highly sought-after area.