825 E University Blvd, Melbourne, FL 32901

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.