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837 Hickory Street, Melbourne, FL 32901

$1,800,000

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Property Description

Turnkey 8-Unit Multifamily Investment-Prime Melbourne, FL Location 5% CAPDiscover a high-performing 8-unit multifamily CBS building offering stable income and modern upgrades in a strong Space Coast rental market. Each unit is a 1 bed / 1 bath layout with updated interiors and a consistent rental history. With 5,500 SF of rentable area on 0.36 acre, this property provides an ideal balance of density, parking convenience, and long-term tenant retention. The property features a new metal roof (2020), electrical panels, appliances, HVAC, resurfaced/striped parking lot, and freshly painted.

837 Hickory Street | MLS# RX-11135279

This commercial property located at 837 Hickory Street, Melbourne, FL 32901 is currently listed for sale with an asking price of $1,800,000. Search Melbourne real estate on kloferski.watsonrealtycorp.com today.

Property Features

Property Type: Commercial - Investment
Cooling: Ceiling Fan, Central, Electric
Heating: Central, Electric
Roof Type: Metal
Stories: 2.0
Taxes: $10,031
Year Built: 1979
Square Feet: 5,500

Feature Descriptions

Building Type: Free Standing, Resident. Multi-Fam.
Days on Site: 130
Exterior: CBS, Stucco
Flooring: Tile
Sale Includes: Building and Land
Security: None
Tenant Pays: Electric, Insurance
Use: Income
Utilities: Cable, Electric, Public Sewer, Public Water

Listed By / Shown By

Listed By

Agency Name: Nex Gen Realty & Property Mgnt
Agency Phone: (772) 204-0664

Shown By

Agent Name: Kim Loferski
Agent Phone: (904) 657-9114
Agency Title: Watson Realty Corp., REALTORS ®

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/05/2026. The listing information on this page last changed on 03/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 03/05/2026 12:00:32 AM EST) or GAMLS (last updated Wed 03/04/2026 11:15:00 PM EST) or Stellar MLS (last updated Wed 03/04/2026 11:43:59 PM EST) or SPC MLS (last updated Wed 03/04/2026 11:20:38 PM EST) or Martin MLS (last updated Wed 03/04/2026 11:38:12 PM EST) or Indian River MLS (last updated Wed 03/04/2026 11:30:24 PM EST) or Daytona MLS (last updated Wed 03/04/2026 11:36:48 PM EST) or Northeast Florida MLS (last updated Wed 03/04/2026 11:58:41 PM EST) or Beaches MLS (last updated Wed 03/04/2026 11:55:59 PM EST) or BORMLS (last updated Wed 03/04/2026 11:15:45 PM EST) or Golden Isles MLS (last updated Wed 03/04/2026 11:26:34 PM EST) or Amelia/Nassau MLS (last updated Wed 03/04/2026 11:25:17 PM EST) or Dixie Gilchrist Levy MLS (last updated Wed 03/04/2026 11:42:25 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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