1812 Guava Avenue, Melbourne, Florida
1812 Guava Avenue, Melbourne, Florida 32935 - Income Producing Duplex being offered at an 9% Capitalization Rate. One unit rents for unit rents for $850 per month and the other at $700 providing annual gross rents of $18,600 with a Net Operating Income of $15,200. These units are within the historical downtown Eau Gallie Arts district. The area is experiencing a revitalization bringing with it restaurants, art galleries, and community events all within walking distance. Just blocks from the river and a few miles from the beach, these units are desirable enough to keep occupants for the long-term. Take a visit and make this part of your portfolio today. Better yet, rent one side and live in the other side for free!
Listing Courtesy of Dale Sorensen Real Estate, Inc