311 Ocean Avenue, Melbourne Beach, FL 32951

$280,000
Property Type: Commercial Sale Square Footage: 2,159 Status: Closed
Current Price: $280,000 List Date: 9/16/2015 Last Modified: 11/11/2025

Overview

Description

OLD commercial building being used as residential rentals. No conforming use but grandfathered in. 2 story building sit way back off road. Double driveways. Former site of ''World Famous'' Oceanside Realty. Former office has been transformed into (two) 1 bedroom rentals. another apt. upstairs, and a detached apt on the side. Family members living on site. Market rent would be in the $2200 monthly range total income.

Listing Details MLS# 735127

General Property Information

Number Of Units Total
4
Stories Total
2
Building Area Total
2159
Year Built
1947
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
159.8
Sold Price/SqFt
129.69
Lot Size Acres
0

Property Features

Ceiling Type: Acoustic Construction Materials: Block; Frame Cooling: Wall/Window Unit(s) Current Use: Commercial Electric: 100 Amp Service Flooring: Carpet; Tile Listing Terms: Cash Location: Beach Area 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: Appointment Only; Call Listing Office Special Listing Conditions: City Jurisdiction Water Source: Public

Contract Information

Original List Price
345000
Listing Contract Date
2015-09-15
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
OLD commercial building being used as residential rentals. No conforming use but grandfathered in. 2 story building sit way back off road. Double driveways. Former site of ''World Famous'' Oceanside Realty. Former office has been transformed into (two) 1 bedroom rentals. another apt. upstairs, and a detached apt on the side. Family members living on site. Market rent would be in the $2200 monthly range total income.

Status Change Information

Major Change Timestamp
2015-12-03T19:55:24Z
Major Change Type
Status Change
Status Change Timestamp
2015-12-03
Purchase Contract Date
2015-11-11
Close Date
2015-12-03
Close Price
280000

More Information

Building Features

% Air Conditioned or Heated
80

Income and Expenses

Gross Scheduled Income
26000
Maintenance Expense
600
New Taxes Expense
1875
Manager Expense
0
Supplies Expense
0

Historical Information

Public Historical Remarks 3
Proforma-Vacancy Rate: 0, Proforma-Gross Sched Income: 26000, Expenses-Maint & Repair: 2000, Expenses-Janitorial Service: 0, Expenses-Advertising: 0

Location, Tax, and Legal

Tax Account
2847785
Parcel Number
28-38-08-Fy-00003.0-0006.00
General County Location
South
Tax Annual Amount
1874.43
Tax Year
2014
Tax Legal Description
LOT 6 BLK 3
Directions
One and a half blocks west of the beach!! directly across from Melb. Bch. Supermarket

Construction Materials

Block
Yes
Frame
Yes

Cooling

Wall/Window Unit(s)
Yes

Current Use

Commercial
Yes

Electric

100 Amp Service
Yes

Flooring

Carpet
Yes
Tile
Yes

Listing Terms

Cash
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

Appointment Only
Yes
Call Listing Office
Yes

Ceiling Type

Acoustic
Yes

Location

Beach Area
Yes
City
Yes

Showing Considerations

Occupied
Yes

Sale Includes

Building & Land
Yes
Listing Office: Coldwell Banker Realty
Last Updated: November - 11 - 2025
Information is deemed to be reliable, but is not guaranteed.
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