2 months on rocket

911-919 E New Haven Ave, Melbourne, FL, 32901

$2,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
8,607 SqFt
$256/SqFt
Multi
Schools Nearby

Location

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911-919 E New Haven Ave, Melbourne$2,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1920
HeatingCentral
CoolingCentral Air
MLS #1001219
Lot Size0.15 Acres
StatusActive

About 911-919 E New Haven Ave

Excellent opportunity to purchase a 5-unit mixed-use building in the heart of Downtown Melbourne! 911-919 New Haven has 2 commercial units + 2 residential units. 1st Floor = 1,548 SF Ice Cream Store + 2,169 SF Gift Shop. 2nd Floor = one 3/1 apartment + one 3/2 apartment. 2016 Melbourne Court is an 864 SF coffee shop. Est. proforma NOI is $142,200 (6.5% CAP). High foot traffic area with exposure to est. 15,000 VPD on New Haven Avenue. C3 Zoning allows Office, Retail, Short Term Rentals, Restaurants & more! Close proximity to Hotel Melby, Highline Apartments, and all of the other beaches, restaurants, and shopping that the area has to offer. Melbourne International Airport is less than a 10-minute drive away which is significant as TUI Airlines flies est. 156,000 tourists to Melbourne annually. Call today for a tour!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 8,607 SqFt

Listing Office:

  • Office Name: The Ullian Realty Corporation
  • Office Phone: (321) 729-9900
  • Listing Agent: Zachary Michael Ullian

Exterior Features

Exterior Information:

  • Exterior: Balcony

Virtual/3D Tour

  • Virtual Tour: 911-919 E New Haven Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Historic
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Melbourne High School, Public District Grades 9-12
  • Herbert C. Hoover Middle School, Public District Grades 7-8
  • University Park Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Starting on US1 turn west onto New Haven Avenue. Property is located directly on New Haven Avenue just west of the Flat Iron Building. If you get to Vernon Place then you have gone too far.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,200,000
  • Price Per SqFt: $256/SqFt
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Housing Market Comparison

See how this home compares to others in Melbourne, FL.

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Melbourne, FL

City

Med. Sold Price

$403.3K

Med. Price/SqFt

$232

Avg. Days On Market

42

# of Sold Homes

268

911-919 E New Haven Ave vs Melbourne

69 DAYS ON ROCKET

+27 Days

$2,200,000

+$1.7M More

$256/SqFt

+$24 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $24/SqFt more than other homes in Melbourne, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1001219

Listing Office:

  • Office Name: The Ullian Realty Corporation
  • Office Phone: (321) 729-9900
  • Listing Agent: Zachary Michael Ullian

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,662

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3479368
3
/10

  • University Park Elementary School

  • 500 W University Blvd

  • 1.90 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3479369
5
/10

  • Herbert C. Hoover Middle School

  • 2000 Hawk Haven Dr

  • 2.40 miles

  • Public District Grades 7-8

High School

school-card-donut-3479370
5
/10

  • Melbourne High School

  • 74 Bulldog Blvd

  • 1.33 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,704. Typical income of Melbourne, FL residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Brevard County›Melbourne›32901›911-919 E New Haven Ave

This home is located at 911-919 E New Haven Ave in Melbourne, FL and zip code 32901. This 8,607 square foot home, which was built in 1920, sits on a 0.15 acre lot. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $2,200,000.

While more than 19 listings in Melbourne, FL in March 2024 were sold above asking price, there were more than 76 listings sold at asking price, and more than 173 were sold below. Between February 2024 and March 2024, Melbourne, FL real estate market has seen increase in the number of listings by 11.8%. In March 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $403,349.

From Rocket Homes Real Estate and based on county public records data.

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