Listing Address:
704 E Lincoln , Melbourne, FL 32901
Active
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Price: $850,000
MLS # 1025209
Property Type: Multifamily
This property is Active. Please contact us for similar properties.
Property Description:
TURN-KEY vacation rental investment opportunity 2 blocks from Historic Downtown. Operated as a professionally managed STR since 2018, the Lincoln Guest House has broad appeal to vacationers, students and professionals. This Spanish Colonial quadraplex apartment offers four one-bedroom/one-bath apartments metered separately. The units are fully furnished and thoughtfully decorated with a mix of modern aesthetic and old-Florida charm. The quad is within walking distance of restaurants, bars, shops with Indialantic beaches just over the causeway and easy access to US1 and A1A. Established STR operation with high occupancy currently listed on Airbnb, VRBO, direct website and mid-term channels. Professionally managed, property has a long income history, streamlined operations and software stack to optimize occupancy and rates. This is a great passive investment opportunity, turnkey self-managed STR or 1031 exchange. Professional management with Superhost status can continue.
Property Listing Details for 704 E Lincoln , Melbourne, FL 32901
Exterior Features
Interior Features
Equipment / Appliances
Pool
Yes
Pool Description
Utilities
Additional Rooms
None
Waterfront
No
Parking
Split Floorplan
HOA
HOA Dues
0.00
Construction
Floor
Exterior Finish
Roof Type
Fireplace
0
County
Brevard
Gated Community
Furnishings
Home Warranty
Tax Year
2023
Tax Amount
7074.00
55+ Community
Subdivision
Listing Status
Active
Property Status
Home Style
Home View
Street
704 E Lincoln , Melbourne, 32901
Zip Code
D. Basile Real Estate, LLC lists and sells Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard.
This listing is courtesy of Pineapple Place Realty , LLC. Property Listing Data contained within the D Basile Real Estate website is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
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