508 Ocean Avenue

Melbourne Beach, FL 32951

$1,275,000
Price
13,503 / 0.31
Lot Size / Acres

Description

The prime location and the many advantages associated with being centrally located in Melbourne Beach are offered in this .31 acres of property on downtown's main street. While presently featuring three free-standingbuildings, which houses four separate units all occupied, it could be a single family home, retail shops, offices, short term or long term rentals, a myriad of options. Surrounded by parks, the Atlantic Ocean, the Indian River, fantastic restaurants, shops, schools, a library in this...The prime location and the many advantages associated with being centrally located in Melbourne Beach are offered in this .31 acres of property on downtown's main street. While presently featuring three free-standingbuildings, which houses four separate units all occupied, it could be a single family home, retail shops, offices, short term or long term rentals, a myriad of options. Surrounded by parks, the Atlantic Ocean, the Indian River, fantastic restaurants, shops, schools, a library in this friendly community, and with the county boasting 72 miles of waterways are just many of the reasons this town flourishes. Please note: respecting the privacy of the tenants is paramount. It is important to not intrude or trespass on the property; please make an appointment. This property has four listings in MLS: residential property, residential income, land or commercial. Please call for more Information.in regards to creating your property on just over a 1/3 of an acre.

Property Details for 508 Ocean Avenue

Directions
From I-95 & 192 (West New Haven Blvd) go East 8 miles, then go right/south on Riverside 1.7 mi, on Ocean Ave it's on the left/north side .01 miles from Riverside. From Sebastian Inlet go north on A1A 15.2 miles, on Ocean Ave it 's on the right .02 miles in from A1A.

Location

Listing Courtesy of BHHS Florida Realty, Kelly Rodano
Add your commute
LISTING UPDATED: 05/16/2024 01:55 PM

Property Details for 508 Ocean Avenue

StatusActive
MLS #1012729
Days on Market29
Taxes$6,783 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.31 AC
CountyBrevard County

Location

Listing Courtesy of BHHS Florida Realty, Kelly Rodano
Add your commute

Building Information for 508 Ocean Avenue

Lot Size0.31 AC

Payment Calculator

$7,523 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,958

Property Taxes

$565

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 508 Ocean Avenue

Summary
Location and General Information
  • City: Melbourne Beach
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 28.068733
  • Geo Lon: -80.564106
  • Absolute Longitude: 80.564106
  • Schools: Elementary School: Gemini
  • Schools: Middle School: Hoover
  • Schools: High School: Melbourne
  • General County Loc: South
  • County Sub/Condo Name: Henry Whitings Melbourne Bch
Taxes and HOA Information
  • Taxes: $6,783.18
  • Tax Year: 2023
  • Tax Acct: 2847678
  • Tax ID: 28-38-07-01-00003.0-0024.00
Property
Lot Information
  • Lot SqFt: 13504.0
  • Picture Count: 12
  • Lot Description: Historic Area
  • Acreage: 0.31
  • Var Comm: Yes
  • Current Adjacent Use: Investment, Multi-Family, Other, Residential
Property and Assessments
  • Docs on File: 3
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: C
  • Sub Type: Unimproved Land
Utilities
  • Utilities: Sewer or Septic: Public Sewer
  • Utilities: Water Type: Public
  • Utilities: Cable Connected, Electricity Connected, Propane, Sewer Connected, Water Connected
Owner Name
  • Owner Name: on record
Interior and Exterior Features
Exterior Features
  • Pool Features: None
Multi Family
Multi-Family Information
  • Selling Terms Code: Cash
Agent
Agent Information
  • Closing Co. Name: The Closing City / Anita Malick 407-558-3480
  • Closing Co. Address: 4725 W Sand Lake Rd Ste 106 Orlando FL 32819
Sale and Listing
  • Cumulative DOM: 15
  • Days On Market: 15
  • Possession: Subject To Tenant Rights
Showing and Remarks
  • Showing: Appointment Only, Call Listing Agent, Listing Agent Must Accompany
  • Appointment Phone: 321-960-7933

Property History for 508 Ocean Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 508 Ocean Avenue

This home is within Brevard.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Gemini Elementary School
PublicPK to 6

Herbert C. Hoover Middle School
Public7 to 8

Melbourne Senior High School
Public9 to 12

Palm Bay Academy Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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508 Ocean Avenue is a 0.31 ac of land for sale in Melbourne Beach, FL 32951. This property was listed for sale on May 2, 2024 by BHHS Florida Realty, it's currently listed at $1,275,000. This listing's school district is Brevard. Nearby schools include Gemini Elementary School, Herbert C. Hoover Middle School and Melbourne Senior High School. 508 Ocean Avenue is a 0-bed, 0-bath, 0.31 ac of land on a 13,503 sq. ft. / 0.31 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Florida Realty, Kelly Rodano

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 05/16/2024 01:55 PM