837 Hickory St Melbourne, FL 32901
Estimated payment $10,296/month
Highlights
- No HOA
- Central Air
- Heating Available
- Guest Parking
- Florida or Dining Combination
- Southwest Facing Home
About This Home
Turnkey 8-Unit Multifamily Investment - Prime Melbourne, FL Location 5% CAP Discover 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,276
Year Built
- Built in 1979
Lot Details
- 0.36 Acre Lot
- Southwest Facing Home
Home Design
- Metal Roof
Interior Spaces
- 5,500 Sq Ft Home
- 2-Story Property
- Florida or Dining Combination
- Microwave
Bedrooms and Bathrooms
- 8 Bedrooms | 4 Main Level Bedrooms
- 8 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 12 Open Parking Spaces
- Guest Parking
Utilities
- Central Air
- Heating Available
- Water Available
- Electric Water Heater
Community Details
- No Home Owners Association
- Riverside Drive Subdivision
Listing and Financial Details
- Assessor Parcel Number 27 3734ep0000a0 56
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,449 | $672,000 | -- | -- |
| 2024 | $10,023 | $672,000 | -- | -- |
| 2023 | $10,023 | $672,000 | -- | -- |
| 2022 | $8,368 | $528,000 | $0 | $0 |
| 2021 | $7,460 | $386,120 | $63,200 | $322,920 |
| 2020 | $5,887 | $297,120 | $63,200 | $233,920 |
| 2019 | $5,829 | $282,970 | $63,200 | $219,770 |
| 2018 | $5,692 | $270,000 | $0 | $270,000 |
| 2017 | $5,641 | $260,000 | $0 | $260,000 |
| 2016 | $5,579 | $250,000 | $0 | $0 |
| 2015 | $5,306 | $217,800 | $60,000 | $157,800 |
| 2014 | $4,730 | $198,000 | $60,000 | $138,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/07/2026 02/07/26 | For Sale | $1,800,000 | -- | $327 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: R11161626
APN: 27-37-34-EP-0000A.0-0056.00
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