6475 N Highway 1, Melbourne, FL 32940

$1,066,851

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1008298

Property Type: Residential Income Bedrooms: 8 Baths: 4 Square Footage: 2,968 Lot Size (sq. ft.): 27,007 Status: Closed

Current Price: $1,066,851 List Date: 4/10/2024 Last Modified: 10/23/2024

Overview

Description

Opportunity is here! This stunning .62-acre Riverfront property consists of 3 residential units; a 4 bed/2 bath single-family home (1,768 sf) and a detached duplex (624 sf and 576 sf), each with 2 bed/1 bath, and NO HOA. Redevelop into your riverfront dream estate or rental property (see docs attached for the many rental options). Property features include concrete privacy wall along US-1, a 185' private dock, approx. 100' riverfront, 2018 roof, drain field and septic, ideally located amongst sprawling million-dollar estates and only ¾ mile to Pineda Causeway. The 2-story single-family home has an open floor plan, amazing primary bedroom balcony waterfront views, flagstone fireplace, large laundry/utility room, and screened-in porch. Both duplex units share a large storage area and have patio decks for enjoying the river breeze. Do not miss this one! Tenants with month-to-month leases. See attached documents for Zoning and Use details.

Listing Details MLS# 1008298

General Property Information

Number Of Buildings: 3
Number Of Units Total: 3
Bedrooms Total: 8
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 2968
Living Area Source: Appraiser
New Construction YN: No
Year Built: 1957
Garage YN: No
Carport YN: No
Lot Size Acres: 0.62
Lot Size Square Feet: 27007
Association YN: No
CDD Fee YN: No
Water Body Access YN: No
Waterfront YN: Yes
Water Body Name: Indian River
Water Frontage Feet: 100
Furnished: Unfurnished
Pool Private YN: No
List Price/SqFt: 404.31
Sold Price/SqFt: 359.45
Bathrooms Half: 0

Property Features

Cooling: Central Air; Electric; Multi Units; Varies by Unit; Wall/Window Unit(s) Current Use: Investment; Multi-Family; Residential; Single Family Exterior Features: Balcony; Dock Fencing: Other Fireplace Features: Wood Burning Heating: Varies by Unit Laundry Features: Multiple Locations Listing Terms: Cash; Conventional Parking Features: Shared Driveway; Unassigned; Varies by Unit Possession: Close Of Escrow Road Frontage Type: Highway Road Surface Type: Asphalt; Paved Roof: Membrane; Shingle Sewer: Septic Tank Special Listing Conditions: Standard Utilities: Electricity Connected; Water Connected View: Intracoastal; River; Water Water Source: Public Waterfront Features: Intracoastal; Navigable Water; River Access; River Front Showing Requirements: Appointment Only

Contract Information

Original List Price: 1100000
Listing Contract Date: 2024-03-19
Property Sub Type: Triplex

Location Tax and Legal

Street Number: 6475
Street Direction Prefix: N
Street Name: Highway 1
County: Brevard
State: FL
Postal Code: 32940
MLS Area Major: 213 - Mainland E of US 1
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: Opportunity is here! This stunning .62-acre Riverfront property consists of 3 residential units; a 4 bed/2 bath single-family home (1,768 sf) and a detached duplex (624 sf and 576 sf), each with 2 bed/1 bath, and NO HOA. Redevelop into your riverfront dream estate or rental property (see docs attached for the many rental options). Property features include concrete privacy wall along US-1, a 185' private dock, approx. 100' riverfront, 2018 roof, drain field and septic, ideally located amongst sprawling million-dollar estates and only ¾ mile to Pineda Causeway. The 2-story single-family home has an open floor plan, amazing primary bedroom balcony waterfront views, flagstone fireplace, large laundry/utility room, and screened-in porch. Both duplex units share a large storage area and have patio decks for enjoying the river breeze. Do not miss this one! Tenants with month-to-month leases. See attached documents for Zoning and Use details.

Status Change Information

Major Change Timestamp: 2024-09-03T15:30:15Z
Major Change Type: Status Change
Price Change Timestamp: 2024-04-10T20:02:44Z
Status Change Timestamp: 2024-09-03
Purchase Contract Date: 2024-08-01
Close Date: 2024-09-03
Close Price: 1066851

More Information

Closing Company Details

Closing Company Name: State Title Partners
Closing Company Address: 300 W Fee Ave, Melbourne, FL 32901

DPR Eligible

DPR Eligible: No

Unit 1 Details

Unit ID: Duplex 1
Unit SqFt: 624
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Single story
Actual Rent: 0

Unit 2 Details

Unit ID: Duplex 2
Unit SqFt: 576
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: Single story
Actual Rent: 0

Unit 3 Details

Unit ID: SFR
Unit SqFt: 1768
Full Baths Total: 2
Furnished: Unfurnished
Unit Remarks: 2 Story
Actual Rent: 0

Location, Tax, and Legal

Tax Account: 2605989
Parcel Number: 26-37-18-00-00512.0-0000.00
General County Location: Central
Tax Annual Amount: 8522.96
Tax Year: 2023
Tax Legal Description: PART OF LOT 3 AS DES IN ORB 4177 PG 3099
Directions: From Pineda Causeway, head North on US-1, 6475 US-1 is .75 mile on the East side.

Cooling

Central Air: Yes
Electric: Yes
Multi Units: Yes
Varies by Unit: Yes
Wall/Window Unit(s): Yes

Current Use

Investment: Yes
Multi-Family: Yes
Residential: Yes
Single Family: Yes

Exterior Features

Balcony: Yes
Dock: Yes

Fencing

Other: Yes

Fireplace Features

Wood Burning: Yes

Heating

Varies by Unit: Yes

Laundry Features

Multiple Locations: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Parking Features

Shared Driveway: Yes
Unassigned: Yes
Varies by Unit: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

Highway: Yes

Road Surface Type

Asphalt: Yes
Paved: Yes

Roof

Membrane: Yes
Shingle: Yes

Sewer

Septic Tank: Yes

Special Listing Conditions

Standard: Yes

Utilities

Electricity Connected: Yes
Water Connected: Yes

View

Intracoastal: Yes
River: Yes
Water: Yes

Water Source

Public: Yes

Waterfront Features

Intracoastal: Yes
Navigable Water: Yes
River Access: Yes
River Front: Yes

Showing Requirements

Appointment Only: Yes

Documents

MORE DETAILS ›

Zoning and Resources ›

Listing Office: Realty World Curri Properties

Last Updated: October - 23 - 2024

Information is deemed to be reliable, but is not guaranteed.