837 Hickory Street, Melbourne, FL 32901
Local realty services provided by:Atlantic Shores Realty Expertise ERA Powered
Listed by: ana i mesa, lourdes menendez
Office: nex gen realty & property mgnt
MLS#:R11161626
Source:RMLS
Price summary
- Price:$1,800,000
- Price per sq. ft.:$327.27
About this home
Turnkey 8-Unit Multifamily Investment - Prime Melbourne, FL Location 5% CAP
Discover a high-performing 8-unit multifamily CBS building offering stable income and modern upgrades in a strong Space Coast rental market. Each unit is a 1 bed / 1 bath layout with updated interiors and a consistent rental history. With 5,500 SF of rentable area on 0.36 acre, this property provides an ideal balance of density, parking convenience, and long-term tenant retention. The property features a new metal roof (2020), electrical panels, appliances, HVAC, resurfaced/striped parking lot, and freshly painted.
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Home facts
- Year built:1979
- Listing ID #:R11161626
- Added:47 day(s) ago
- Updated:March 26, 2026 at 02:56 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Full bathrooms:8
- Kitchen Description:Microwave, Refrigerator
- Living area:5,500 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1979
- Building area:5,500 sq. ft.
- Lot area:0.36 Acres
- Construction Materials:Block, Stucco
Utilities
- Water:Public, Water Available
Finances and disclosures
- Price:$1,800,000
- Price per sq. ft.:$327.27
- Tax amount:$11,276 (2025)
Features and amenities
- Appliances:Dryer, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Parking description:Guest
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