Skip to Content

31.87 Million Page Views

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.


Street

Highland Avenue

Listing Status

Active

Tax Year

2018

Utilities

Cable Available, Public Sewer, Telephone

ZipCode

Subdivision

None

Construction

CBS

Roof Type

Fiberglass

Tax Amount

$7,910

HOA

No

HOA Dues

$0.00


1590 Highland AvenueMelbourne, FL 32935

This listing is courtesy of EXIT 1st Class Realty.

Broker Reciprocity

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.

Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

Quick Brevard MLS Listings By Category