520 Ocean Avenue, Melbourne Beach, FL 32951
$430,000
Property Type:
Commercial Sale
Square Footage:
1,556
Lot Size (sq. ft.):
8,712
Status:
Closed
Current Price:
$430,000
List Date:
6/14/2020
Last Modified:
11/02/2024
Overview
Description
Commercial zoned 8-B with Multi-family 4-Unit. Unique property! Exceptional opportunity doesn't come along often, Across from Waterfront Ryckman Park and all its amenities. Views of Indian River and gorgeous sunsets await you. A minute walk to rivers edge, restaurants, post ofc, shopping and a few blocks from Atlantic Ocean. Priced to sell! Land and zoning ,Sold as-is, no warranty on existing buildings. This blast from the past offers 3 buildings, Main house is total living 908 sf has 2 bedrooms/1 bath and office area, a 1 car Garage is 336 sf and a Duplex each unit is 324 living sf . Renovate existing for endless possibilities or knock it all down to fulfill a dream! See docs for zoning definitions. In Need of Repairs 75-90K
Listing Details MLS# 877904
General Property Information
- Number Of Units Total
- 3
- Stories Total
- Yes
- Building Area Total
- 1556
- Year Built
- 1948
- Lot Size Acres
- 0.2
- Property Use
- C-MIXED USE - COMMERCIAL PROPERTY (1210)
- Use Code
- 08 / MULTI-FAMILY LESS THAN 10
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- List Price/SqFt
- 301.41
- Sold Price/SqFt
- 276.35
Property Features
Building Features:
Office
Ceiling Type:
Plaster
Construction Materials:
Block; Concrete
Cooling:
Wall/Window Unit(s)
Current Use:
Commercial
Flooring:
Terrazzo
Heating:
None
Location:
Beach Area; Central Business District
Lot Features:
Other
Possession:
Close Of Escrow
Sale Includes:
Building & Land
Sewer:
Public Sewer
Showing Requirements:
Lockbox; Showing Service
Special Listing Conditions:
Use Conforms to Zone
Water Source:
Public
Contract Information
- Original List Price
- 500000
- Listing Contract Date
- 2020-06-14
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 520
- Street Name
- Ocean
- Street Suffix
- Avenue
- County
- Brevard
- State
- FL
- Postal Code
- 32951
- MLS Area Major
- 384-Indialantic/Melbourne Beach
Remarks and Miscellaneous
- Public Remarks
- Commercial zoned 8-B with Multi-family 4-Unit. Unique property! Exceptional opportunity doesn't come along often, Across from Waterfront Ryckman Park and all its amenities. Views of Indian River and gorgeous sunsets await you. A minute walk to rivers edge, restaurants, post ofc, shopping and a few blocks from Atlantic Ocean. Priced to sell! Land and zoning ,Sold as-is, no warranty on existing buildings. This blast from the past offers 3 buildings, Main house is total living 908 sf has 2 bedrooms/1 bath and office area, a 1 car Garage is 336 sf and a Duplex each unit is 324 living sf . Renovate existing for endless possibilities or knock it all down to fulfill a dream! See docs for zoning definitions. In Need of Repairs 75-90K
Status Change Information
- Major Change Timestamp
- 2023-11-11T09:37:07Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2020-09-05T16:45:20Z
- Status Change Timestamp
- 2021-04-06
- Purchase Contract Date
- 2020-11-15
- Close Date
- 2020-12-11
- Close Price
- 430000
More Information
Location, Tax, and Legal
- Tax Account
- 2847674
- Parcel Number
- 28-38-07-01-00003.0-0019.00
- General County Location
- South
- Tax Annual Amount
- 3730.1
- Tax Year
- 2019
- Tax Legal Description
- HENRY WHITINGS MELBOURNE BCH LOT 19 BLK 3
- Directions
- A1A, Go west on Ocean Ave. to number.
Construction Materials
- Block
- Yes
- Concrete
- Yes
Cooling
- Wall/Window Unit(s)
- Yes
Current Use
- Commercial
- Yes
Flooring
- Terrazzo
- Yes
Heating
- None
- Yes
Lot Features
- Other
- Yes
Possession
- Close Of Escrow
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Use Conforms to Zone
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Lockbox
- Yes
- Showing Service
- Yes
Building Features
- Office
- Yes
Ceiling Type
- Plaster
- Yes
Location
- Beach Area
- Yes
- Central Business District
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
Waterman Real Estate, Inc.
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.
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