311 Ocean Avenue, Melbourne Beach, FL 32951

$310,000
Property Type: Residential Income Square Footage: 2,670 Lot Size (sq. ft.): 9,583 Status: Closed
Current Price: $310,000 List Date: 10/20/2010 Last Modified: 8/26/2026

Overview

Description

Great ''''Heart of Melbourne Beach'''' location - walk to everything -MUST BE A CASH SALE, BUILDINGS ARE FUNCTIONAL BUT IN NEED OF MAINTENANCE. 4 units and 2 buildings, zoned commercial, possible mixed use. Between ocean and river on Ocean Avenue - A1A. Seconds to fishing pier and community tennis at West end of the block and the Atlantic Ocean at the East end! Opportunity knocking. Now''s the time.

Listing Details MLS# 582117

General Property Information

Number Of Units Total
4
Living Area
2670
Living Area Source
Public Records
Building Area Total
2670
Garage YN
No
Carport YN
No
Open Parking Spaces
6
Parking Total
6
Lot Size Acres
0.22
Lot Size Square Feet
9583.2
Lot Size Dimensions
60 x 150
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Pool Private YN
No
List Price/SqFt
130.71
Sold Price/SqFt
116.1
Garage Spaces
0
Carport Spaces
0

Property Features

Appliances: Electric Range; Refrigerator Construction Materials: Block; Concrete; Stucco Cooling: Wall/Window Unit(s) Flooring: Carpet; Tile Levels: One; Two Listing Terms: Cash; Conventional Owner Pays: Exterior Maintenance; Grounds Care; Insurance; Sewer; Trash Collection; Water Pool Features: None Possession: Close Of Escrow Roof: Metal; Shingle Special Listing Conditions: Standard Utilities: Cable Available; Water Available Water Source: Public Showing Considerations: Occupied Showing Requirements: Appointment Only; Key In Office

Contract Information

Original List Price
429000
Listing Contract Date
2010-10-19
Property Sub Type
Quadruplex

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
Great ''''Heart of Melbourne Beach'''' location - walk to everything -MUST BE A CASH SALE, BUILDINGS ARE FUNCTIONAL BUT IN NEED OF MAINTENANCE. 4 units and 2 buildings, zoned commercial, possible mixed use. Between ocean and river on Ocean Avenue - A1A. Seconds to fishing pier and community tennis at West end of the block and the Atlantic Ocean at the East end! Opportunity knocking. Now''s the time.

Status Change Information

Major Change Timestamp
2023-11-15T07:02:26Z
Major Change Type
Price Reduced
Price Change Timestamp
2012-06-01T21:48:09Z
Status Change Timestamp
2015-05-28
Purchase Contract Date
2015-05-01
Close Date
2015-05-28
Close Price
310000

More Information

Income and Expenses

Gross Scheduled Income
32700
Net Operating Income
21486
Operating Expense
11214

Legal Details

Plat Book #
Yes
Plat Book Page
58

Historical Information

Public Historical Remarks 3
Source-Date Estimated: Y, Site Location-Major Roadway: Y, Number of Buildings: 2 Buildings

Location, Tax, and Legal

Tax Account
2847786
Parcel Number
283808FY000030000700
General County Location
South
Tax Annual Amount
4167.04
Tax Year
2012
Tax Legal Description
LOT 7 & W 5 FT OF LOT 8 BLK 3
Directions
East on 192 to south on A1A to east on Ocean Avenue to 311 on right.

Appliances

Electric Range
Yes
Refrigerator
Yes

Construction Materials

Block
Yes
Concrete
Yes
Stucco
Yes

Cooling

Wall/Window Unit(s)
Yes

Flooring

Carpet
Yes
Tile
Yes

Levels

One
Yes
Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Pool Features

None
Yes

Possession

Close Of Escrow
Yes

Owner Pays

Exterior Maintenance
Yes
Grounds Care
Yes
Insurance
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Roof

Metal
Yes
Shingle
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Water Available
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Key In Office
Yes

Showing Considerations

Occupied
Yes
Listing Office: One Sotheby's International
Last Updated: August - 26 - 2026
Information is deemed to be reliable, but is not guaranteed.