311 Ocean Avenue 5, Melbourne Beach, FL 32951

$325,000
Property Type: Commercial Sale Square Footage: 2,159 Lot Size (sq. ft.): 10,890 Status: Closed
Current Price: $325,000 List Date: 6/24/2016 Last Modified: 11/01/2024

Overview

Description

Rare commercial opportunity right in the heart of downtown Melbourne Beach. Seller has stripped out ground floor of property to make it easier for new user to modify for personal needs. Upstairs presently rented for $700 mnth. Supposedly grandfathered in as multi family residential, which could also be a good way to go. Ground floor could be 1 larger unit or a couple of smaller ones .. Nice, deep setback provides plenty of parking and can't beat the location !

Listing Details MLS# 757973

General Property Information

Number Of Units Total
2
Stories Total
2
Building Area Total
2159
Year Built
1947
Lot Size Acres
0.25
Property Use
C-MIXED USE - COMMERCIAL PROPERTY (1210)
Use Code
12 / COMMERCIAL, MIXED USE
Association YN
No
Water Body Access YN
No
Waterfront YN
No
List Price/SqFt
161.65
Sold Price/SqFt
150.53

Property Features

Construction Materials: Block; Frame Cooling: Wall/Window Unit(s) Current Use: Commercial Flooring: Carpet; Tile Listing Terms: Cash; Lease Option; Private Financing Available Location: Beach Area; Central Business District Possession: Close Of Escrow Roof: Composition; Rolled/Hot Mop Sale Includes: Building & Land Security Features: Smoke Detector(s) Sewer: Public Sewer Showing Considerations: Occupied Showing Requirements: Call Listing Office Special Listing Conditions: City Jurisdiction Water Source: Public Contingency Reason: Other

Contract Information

Original List Price
349000
Listing Contract Date
2016-06-24
Property Sub Type
Business

Location Tax and Legal

Street Number
311
Street Name
Ocean
Street Suffix
Avenue
County
Brevard
State
FL
Postal Code
32951
MLS Area Major
384-Indialantic/Melbourne Beach
Subdivision Name
Wilcox Melbourne Beach

Remarks and Miscellaneous

Public Remarks
Rare commercial opportunity right in the heart of downtown Melbourne Beach. Seller has stripped out ground floor of property to make it easier for new user to modify for personal needs. Upstairs presently rented for $700 mnth. Supposedly grandfathered in as multi family residential, which could also be a good way to go. Ground floor could be 1 larger unit or a couple of smaller ones .. Nice, deep setback provides plenty of parking and can't beat the location !

Status Change Information

Major Change Timestamp
2016-09-30T17:57:16Z
Major Change Type
Status Change
Status Change Timestamp
2016-09-30
Contingency
Active Under Contract
Purchase Contract Date
2016-08-05
Close Date
2016-09-30
Close Price
325000

More Information

Building Features

Clear Ceiling Height
2159

Location, Tax, and Legal

Unit Number
5
Tax Account
2847785
Parcel Number
28-38-08-Fy-00003.0-0006.00
General County Location
South
Tax Annual Amount
1807.81
Tax Year
2015
Tax Legal Description
WILCOX MELBOURNE BEACH LOT 6 BLK 3
Directions
On Ocean Ave just East of main intersection on South side of street

Construction Materials

Block
Yes
Frame
Yes

Cooling

Wall/Window Unit(s)
Yes

Current Use

Commercial
Yes

Flooring

Carpet
Yes
Tile
Yes

Listing Terms

Cash
Yes
Lease Option
Yes
Private Financing Available
Yes

Possession

Close Of Escrow
Yes

Roof

Composition
Yes
Rolled/Hot Mop
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

City Jurisdiction
Yes

Water Source

Public
Yes

Showing Requirements

Call Listing Office
Yes

Location

Beach Area
Yes
Central Business District
Yes
City
Yes

Showing Considerations

Occupied
Yes

Sale Includes

Building & Land
Yes

Contingency Reason

Other
Yes
Listing Office: One Sotheby's International
Last Updated: November - 01 - 2024
Information is deemed to be reliable, but is not guaranteed.