825 E University Boulevard, Melbourne, FL 32901

$5,381,000
84
BD
42
BA
35,724
SqFt

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Sold Price
$5,381,000
List Price
$5,381,000
Closing Date
Aug 10, 2026
MLS#
J1004124
Type
Multifamily
Bedrooms
84
Bathrooms
42
Living Area
35,724
Lot Size
90,605
Subdivision
Briarwood Park Sec 1
Year Built
1964

Property Description

Jasmine Cove is a 42-unit multifamily community consisting of four two-story apartment buildings, with all units featuring spacious 2-bedroom, 1-bath townhouse-style floor plans of approximately 850 square feet. The property has been fully renovated and benefits from durable concrete block construction, concrete roofs, and central A/C throughout. Recent capital improvements include the replacement of the front two roofs in 2026, with the back two roofs reported to be in good condition, along with the replacement of the original cast iron sewer lines with updated PVC piping. Additional upgrades include renovated unit interiors, new windows and doors completed in 2020. The owner currently pays water and sewer, while tenants are responsible for their own electric service.

Additional Information

Community Features
No Deed Restriction
Style
Quadruplex
Exterior Construction
Block
Exterior
None
Roof
Concrete
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heating
Central
Cooling
Central Air
Pool Type
No Pool

Listing courtesy of STELLAR NON-MEMBER OFFICE. Selling Office: FLORIDA REALTY INVESTMENTS.

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