Price: $1,000,000

1016 Brothers AvenueMelbourne, FL 32901


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0

Square Foot

10,250

Total Sq. Ft.

N/A

Bedrooms

0.00

Full Baths

N/A

½ Baths

1946

Year Built

MLS # 1022921


Type: Hotel-Motel

List Date: 08-22-2024

Homestead: N/A

Zoning: N/A

Property Description:

Presenting an extraordinary opportunity to own a piece of Historic Downtown Melbourne, this two-story building, spanning over 10, 000 square feet, originally served as a hotel with 17 rooms upstairs and a bar downstairs. While the property requires a complete makeover, it offers incredible potential for restoration or redevelopment.Located within a sought-after Opportunity Zone, this property provides attractive tax incentives for investors, alongside funding opportunities available through the City of Melbourne for business owners committed to revitalizing the area.This historic building offers an exceptional canvas for visionaries looking to transform a unique property while taking advantage of the benefits associated with the downtown's growth and development.

Exterior Features

N/A


Interior Features:

N/A


Equipment / Appliances:

N/A


Utilities:

N/A

Property Details


Street Name:

County:

Brevard

Listing Status:

Active

Tax Year:

2022

Zip Code:

Subdivision:

Metcalfs Unrecorded Plat of Balem Allen Tract

Tax Amount:

$1,107

HOA Dues:

$0.00

Broker Reciprocity
1016 Brothers Avenue Melbourne, FL 32901

This listing is courtesy of North America Realty Group.

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