6475 N Highway 1, Melbourne, FL 32940 (MLS# 1008298)

6475 N Highway 1, Melbourne, FL 32940

$1,066,851
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

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

Unit 2 Details

Unit ID
Duplex 2
Unit SqFt
576
Full Baths Total
Yes
Furnished
Unfurnished
Unit Remarks
Single story

Unit 3 Details

Unit ID
SFR
Unit SqFt
1768
Full Baths Total
2
Furnished
Unfurnished
Unit Remarks
2 Story
Listing Office: Realty World Curri Properties
Last Updated: October - 23 - 2024
Information is deemed to be reliable, but is not guaranteed.

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