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1590 Highland Avenue

Melbourne, FL 32935

MLS #: 833214

Property Type: Commercial

Full Baths: 2.00

List Date: 01-04-2019

Year Built: 1927

0 Sq. Ft.

7,175 Total Sq. Ft.

Property Description

Amazing income producing opportunity located in the Historic Eau Gallie Art District. Busy and well established salon and spa on the first level and a 12 unit rooming house on the upper level, that includes a coin operated washer and dryer. The upstairs units work on transient leases, so there is little to no vacancy rate. All plumbing and electrical has been renewed. The roof was replaced in 2014. With a Cap Rate of 8.12%, this turn key investment is one of the highest yielding in Brevard.


Highland Avenue

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Cable Available, Public Sewer, Telephone






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1590 Highland AvenueMelbourne, FL 32935

This listing is courtesy of EXIT 1st Class Realty.

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Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Vero Beach, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard and Central Florida.

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