For Sale
$1,900,000

973 Harbor City BlvdMelbourne, FL 32935

Historic 3-unit Airbnb, waterfront views.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a beautifully maintained, three-unit multifamily property located at 973 N Harbor City Blvd, Melbourne, FL 32935. The Harbor House, built in 1916, offers 4,176 square feet of net rentable space across three stories, situated on a 0.52-acre lot. Boasting stunning views of Eau Gallie Harbor, this property includes a private 150-foot pier, perfect for boating and fishing enthusiasts. The home features five bedrooms and 4.5 bathrooms, providing ample space for large families or groups. A significant highlight is the expansive covered outdoor patio overlooking the water, ideal for entertaining. Currently operating as a highly successful Airbnb, this property presents significant value-add potential. The deep-water harbor is suitable for yachts exceeding 100 feet in length, and the property is privately gated, ensuring privacy and security. The asking price is $1,900,000, with a price per unit of $633,333.33. This unique property offers a blend of historic charm, modern amenities, and significant income potential, making it an attractive investment in the desirable Melbourne, Florida market. The property's location offers both residential and commercial possibilities, presenting a versatile investment opportunity for discerning buyers. The property's strong rental history and prime waterfront location make it a compelling investment in the thriving Florida real estate market.

Highlights

  • 10' deep-water harbor access.
  • Accommodates yachts exceeding 100 feet.
  • Private gated entry.
  • Currently operating as multiple short-term rentals (Airbnb).
  • Potential for commercial use.
  • 4,176 square feet of net rentable space.

Property Details for 973 Harbor City Blvd

Property type
Residential income homes
Year Built
1916
Stories
3
Lot Size (sq. ft)
22,651 SF
Units
3

Location Insight

City
Melbourne
County
Brevard
State
Florida
Latitude
28.123042007468
Longitude
-80.631011885351
973 Harbor City Blvd, Melbourne, Florida

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973 Harbor City Blvd
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