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973 N Harbor City Blvd

4,176 SF Specialty Building Offered at $2,622,319 CAD at a 9.50% Cap Rate in Melbourne, FL 32935

Investment Highlights

  • Multi-Airbnb Property with Commercial Potential
  • 150 ft Pier, fishing, boating and more
  • Suitable for 100 ft + Yacht
  • Waterfront

Executive Summary

Commercial and Air BNB opportunity~
Fully Operational Airbnb! 3 Waterfront units with expansion to 7! The Harbor House boasting rare views of one of Florida's quaint harbor's, Eau Gallie Harbor.
This beautiful home IS 3 STORYS with a 150' pier, excellent for fishing, boating and more Florida Fun. BRING YOUR 100' YACHT! Tucked away from US1, privately gated, this three story home surround's you with total old Florida vibes. Harbor House is 5 bedrooms/4.5 bathroom's of tree house-esque excellence perfect for a large family & those Florida parties we all dream of throwing. This home also includes a massive covered outdoor patio on the water. It's a the perfect fun house, which makes Air BnB highly desirable. If you are in the market for true Florida lifestyle, look no further because harbor house checks all the boxes.
Airbnb potential 7+ units, with additional upside with Commercial Uses.

Property Facts

Price $2,622,319 CAD
Price Per SF $628 CAD
Sale Type Investment or Owner User
Cap Rate 9.50%
Property Type Specialty
Property Subtype
Residential Income
  • Multifamily Apartments
Building Class C
Lot Size 0.52 AC
Building Size 4,176 SF
No. Stories 3
Year Built 1916

Amenities

  • Waterfront
  • Air Conditioning
  • Listing ID: 32082830

  • Date on Market: 2024-06-10

  • Last Updated:

  • Address: 973 N Harbor City Blvd, Melbourne, FL 32935

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