89 NW Irwin Avenue, Melbourne, FL 32904

$1,455,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1028572

Property Type: Residential Income Bedrooms: 8 Baths: 8 Square Footage: 7,728 Lot Size (sq. ft.): 25,265 Status: Closed

Current Price: $1,455,000 List Date: 11/10/2025 Last Modified: 3/17/2026

Overview

Description

11 Units in a Prime Location! New Roof & Windows! Multi-unit complex perfectly situated in the heart of town, surrounded by major employers, stunning beaches, the Melbourne Mall, and the airport. The offering includes three properties at 89, 87, and 85 NW Irwin Avenue, consisting of: 8-unit apartment building (each 1 bed/1 bath) Duplex (each 2 bed/1 bath) Single-family home (3 bed/2 bath)

Listing Details MLS# 1028572

General Property Information

Number Of Buildings: 3
Number Of Units Total: 11
Bedrooms Total: 8
Bathrooms Total: 8
Bathrooms Full: 8
Living Area: 7728
Living Area Source: Public Records
Accessibility Features YN: No
New Construction YN: No
Year Built: 1973
Garage YN: No
Carport YN: No
Open Parking Spaces: 18
Parking Total: 18
Lot Size Acres: 0.58
Lot Size Square Feet: 25265
Association YN: No
CDD Fee YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories Total: 2
Stories: 2
Entry Level: Yes
Direction Faces: South
Pool Private YN: No
Senior Community YN: No
List Price/SqFt: 191.51
Sold Price/SqFt: 188.28
Bathrooms Half: 0

Property Features

Appliances: Electric Range; Refrigerator Construction Materials: Brick; Stucco Cooling: Central Air Current Use: Investment; Multi-Family Exterior Features: Impact Windows; Storm Shutters Financial Data Source: Owner Flooring: Tile Heating: Central Listing Terms: Cash; Private Financing Available Lot Features: Few Trees Owner Pays: Exterior Maintenance; Insurance; Repairs; Roof Maintenance; Taxes; Trash Collection; Water Parking Features: Parking Lot Possession: Subject To Tenant Rights Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Membrane; Shingle Security Features: Fire Alarm; Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Cable TV; Electricity; Insurance Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Available View: Other Water Source: Public Smart Home Features: Locks; Smoke Detector Showing Considerations: Occupied Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent

Contract Information

Original List Price: 1955000
Listing Contract Date: 2024-11-01
Start Showing Date: 2024-10-31
Property Sub Type: Multi Family
Comp Sale YN: No

Location Tax and Legal

Street Number: 89
Street Direction Prefix: NW
Street Name: Irwin
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32904
MLS Area Major: 331 - West Melbourne

Remarks and Miscellaneous

Public Remarks: 11 Units in a Prime Location! New Roof & Windows! Multi-unit complex perfectly situated in the heart of town, surrounded by major employers, stunning beaches, the Melbourne Mall, and the airport. The offering includes three properties at 89, 87, and 85 NW Irwin Avenue, consisting of: 8-unit apartment building (each 1 bed/1 bath) Duplex (each 2 bed/1 bath) Single-family home (3 bed/2 bath)

Status Change Information

Major Change Timestamp: 2026-03-17T19:03:57Z
Major Change Type: Status Change
Price Change Timestamp: 2025-12-20T21:01:28Z
Status Change Timestamp: 2026-03-17
Purchase Contract Date: 2026-01-14
Close Date: 2026-03-13
Close Price: 1455000

More Information

Closing Company Details

Closing Company Name: Landing Title

Income and Expenses

Gross Income: 192000
Net Operating Income: 158679
Operating Expense: 33321

Unit 1 Details

Unit ID: Yes
Actual Rent: 1350
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: 1 Bed 1 Bath

Unit 2 Details

Unit ID: 2
Actual Rent: 1375
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: 1 Bed 1 Bath

Unit 3 Details

Unit ID: 3
Actual Rent: 1175
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: 1 Bed 1 Bath

Unit 4 Details

Unit ID: 4
Actual Rent: 1250
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: 1 Bed 1 Bath

Unit 5 Details

Unit ID: 5
Actual Rent: 1100
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: 1 Bed 1 Bath

Unit 6 Details

Unit ID: 6
Actual Rent: 1350
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: 1 Bed 1 Bath

Unit 7 Details

Unit ID: 7
Actual Rent: 1350
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: 1 Bed 1 Bath

Unit 8 Details

Unit ID: 8
Actual Rent: 1450
Unit SqFt: 700
Full Baths Total: Yes
Furnished: Unfurnished
Unit Remarks: 1 Bed 1 Bath

Location, Tax, and Legal

Tax Account: 2819901
Parcel Number: 28-37-05-02-0000c.0-0006.00
General County Location: South
Elementary School: University Park
Middle School: Stone
High School: Melbourne
Tax Annual Amount: 10134
Tax Year: 2024
Tax Legal Description: MONA PARK SUBD LOTS 6,7 BLK C
Directions: From 192, turn North on to NW Irwin Avenue. Property will be on the left.

Appliances

Electric Range: Yes
Refrigerator: Yes

Construction Materials

Brick: Yes
Stucco: Yes

Cooling

Central Air: Yes

Current Use

Investment: Yes
Multi-Family: Yes

Exterior Features

Impact Windows: Yes
Storm Shutters: Yes

Flooring

Tile: Yes

Heating

Central: Yes

Listing Terms

Cash: Yes
Private Financing Available: Yes

Lot Features

Few Trees: Yes

Parking Features

Parking Lot: Yes

Possession

Subject To Tenant Rights: Yes

Financial Data Source

Owner: Yes

Owner Pays

Exterior Maintenance: Yes
Insurance: Yes
Repairs: Yes
Roof Maintenance: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Roof

Membrane: Yes
Shingle: Yes

Security Features

Fire Alarm: Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Insurance: Yes

Utilities

Cable Available: Yes
Electricity Connected: Yes
Sewer Connected: Yes
Water Available: Yes

View

Other: Yes

Water Source

Public: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes

Showing Considerations

Occupied: Yes

Smart Home Features

Locks: Yes
Smoke Detector: Yes

Listing Office: LPT Realty, LLC

Last Updated: March - 17 - 2026

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