508 Ocean Avenue, Unit R

Melbourne Beach, FL 32951

$1,275,000
Price
6
Beds
4
Baths
3,131 Sq. Ft.
$407 / Sq. Ft.
3,131
Sq. Ft.
$407
per Sq. Ft.

Description

This picturesque property has so much to offer as your place in the sun in the heart of Melbourne Beach! The importance of a prime location cannot be overstated. A historic house that's a century old carries a special charm that's hard to replicate with its adaptability, investment potential and sense of history. The lot is spacious (ready to improve, redo or renovate), with mature trees for the tranquility the neighborhood is known for. These three free standing buildings hold four rentals which...This picturesque property has so much to offer as your place in the sun in the heart of Melbourne Beach! The importance of a prime location cannot be overstated. A historic house that's a century old carries a special charm that's hard to replicate with its adaptability, investment potential and sense of history. The lot is spacious (ready to improve, redo or renovate), with mature trees for the tranquility the neighborhood is known for. These three free standing buildings hold four rentals which are all presently occupied producing a steady income. A unique and rare opportunity that doesn't occur often in this area, having convenience of sunset and sunrise viewings, being located near popular amenities and boasting a community atmosphere. 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: (please see ''More...'')
  1. Listed by Kelly Rodano • BHHS Florida Realty

Property Details for 508 Ocean Avenue, Unit R

Style
Multi Generational, Other
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: 05/13/2024 02:09 PM

Property Details for 508 Ocean Avenue, Unit R

StatusActive
MLS #1012728
Days on Market17
Taxes$6,783 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1900
Lot Size0.31 AC / 13,503 SF
CountyBrevard County

Location

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

Building Information for 508 Ocean Avenue, Unit R

Stories-Year Built1900Building Size-Lot Size0.31 AC / 13,503 SF

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, Unit R

Summary
Location and General Information
  • Unit #: R
  • City: Melbourne Beach
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 28.068732
  • Geo Lon: -80.564105
  • Absolute Longitude: 80.564105
  • 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
Parking
  • Parking: Additional Parking, Other, Parking Lot, Unassigned
  • Garage: 1.0
Property
Lot Information
  • SqFt - Living: 3131.0
  • SqFt - Total: 3740.0
  • Lot SqFt: 13504.0
  • Year Built: 1900
  • Picture Count: 20
  • Lot Description: Historic Area, Other
  • Acreage: 0.31
  • Furnishings: Unfurnished
  • Var Comm: Yes
  • Current Adjacent Use: Commercial, Investment, Multi-Family, Other, Residential
Property and Assessments
  • Construction: Brick, Frame, Vinyl Siding
  • Docs on File: 3
  • Legal/Misc: 55+ Community: No
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: A
  • Sub Type: Single Family Residence
  • To Be Constructed: No
Utilities
  • Utilities: Sewer or Septic: Public Sewer
  • Utilities: Water Type: Public
  • Utilities: Cable Available, Electricity Connected, Propane, Sewer Connected, Water Connected
Owner Name
  • Owner Name: Heidi Ann Hughes
Interior and Exterior Features
Exterior Features
  • Roof: Metal, Other
  • Exterior Features: Balcony
  • Pool Features: None
  • Flooring: Tile,Vinyl,Wood
Interior Features
  • Cooling: Electric, Multi Units, Other, Wall/Window Unit(s)
  • Fireplace: Wood Burning
  • Heat: None, Other
  • Interior Features: Ceiling Fan(s), In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs
  • Equipment/Appliances: Disposal, Dryer, Electric Range, Electric Water Heater, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Bedrooms: 6
  • Baths - Total: 4.0
  • Baths - Full: 4
  • Baths - Half: 0
Multi Family
Multi-Family Information
  • Selling Terms Code: Cash
Agent
Agent Information
  • Closing Co. Name: The Closing City 407-558-3480
  • Closing Co. Address: 4725 W Sand Lake Rd Ste 106 Orlando FL 32819
Sale and Listing
  • Cumulative DOM: 11
  • Days On Market: 11
  • Possession: Subject To Tenant Rights
Showing and Remarks
  • Showing: Appointment Only, Call Listing Agent
  • Appointment Phone: 321-960-7933
Rental
Rent Information
  • Pet Restrictions: Yes

Property History for 508 Ocean Avenue, Unit R

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, Unit R

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.

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508 Ocean Avenue, Unit R is a single family home 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, Unit R is a 6-bed, 4-bath, 3,131 sqft single family home built in 1900.

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: 05/13/2024 02:09 PM