Active

$1,490,000

Features:
  • 3 Bedrooms
  • 3 Bathrooms
  • 3451 sq ft
Overview
  • ID: MFRO6310495
  • Bedrooms: 3
  • Bathrooms: 3
  • Size: 3451 sq ft
Property Details
Remarks
This one-of-a-kind commercial/residential property on US-1 offers unmatched flexibility, income potential, and front-row views of rocket launches over the Indian River. Spanning 3,451 square feet with three separate meters, private entrances, firewalls, and addresses, this property is built for versatility—whether you're looking to live on-site, generate rental income, or launch a business. The main apartment (1,427 sq ft) is modern and fully renovated (2020) with two bedrooms and two bathrooms. Impact windows and sliding glass doors frame direct water views, and a spacious waterfront patio offers the perfect setting for enjoying sunrises and rocket launches. A 700 sq ft interior studio suite includes a full bathroom, kitchenette, laundry, and its own private entrance—ideal for extended family, overnight guests, or income-generating potential. The 1,327 sq ft commercial unit faces US-1 and is currently leased through January 2027. Use it as passive income or vacate (with notice) the space for your own business needs. The property extends 500 feet into the Indian River. Apartments can be offered furnished or unfurnished. Whether you're an entrepreneur, investor, or simply looking for a flexible and scenic space, this is a rare opportunity to own a truly dynamic waterfront property.
Financial Considerations
Price:
$1,490,000
HOA Fee:
N/A
Tax Amount:
$7024.32
Price per SqFt:
$431.76
Tax Legal Description:
BAYVIEW N 80 FT OF LOT 9 E OF HWY EX ORB 1376 PG 229 and BAYVIEW PART OF LOT 9 RIVER BOTTOM E TO BULKHEAD LINE AS DESC IN ORB 1377 PG 840
Exterior Features
Lot Size:
10454
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
3
Heating:
Central
Cooling:
Central Air
Appliances:
Dishwasher, Microwave, Refrigerator
Furnished:
No
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1965
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
Northwest
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Sidewalk
Additional Features 2:
N/A
Map
  • Address
    2225 S WASHINGTON AVE
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