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$1,000,000
120 Days On Site

1016 Brothers Avenue
Melbourne, FL 32901

For Sale|Hotel/Motel|Active
0
Beds
0
Full Baths
0
Partial Baths
10,250
SqFt
$98
/SqFt
1946
Built
Subdivision:
Metcalfs Unrecorded Plat of Balem Allen Tract
County:
Brevard
Call Now: (321) 626-4727
Is this the home for you? We can help make it yours.
(321) 626-4727
1016 Brothers Avenue1016 Brothers Avenue1016 Brothers Avenue1016 Brothers Avenue
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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.

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Listing Snapshot
Price 
$1,000,000
Days On Site 
120 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,250 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1946
MLS® Number 
1022921
Status 
Active
Property Tax 
$1,106.55
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoStatus changed to Active
4 months agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.14
Parking 
On Street
Property Sub Type 
Hotel/Motel
Sewer 
Public Sewer
Water Source 
Public
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Exterior Features
Construction Details 
Block
Lot Features 
Corner Lot
Community Features
Financing Terms Available 
CashOwner May Carry
MLS Area 
330 - Melbourne - Central
Listing courtesy of North America Realty Group

The data relating to real estate shown on this website comes in part from the Internet Data Exchange (IDX) program of Space Coast Association of REALTORS®, Inc. IDX information is provided exclusively 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. All data is deemed reliable but is not guaranteed accurate.

Neighborhood & Commute
Source: Walkscore
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