$154,000
Melbourne, FL 32901
MLS# 1085881
3 beds | 2 baths
1 / 21
Property Description
WOW! Great investment opportunity! This unique property features two separate units with a total of 3 bedrooms and 2 bathrooms, situated on a spacious 0.83-acre lot in the heart of Melbourne. Both units are currently rented, providing immediate rental income. Unit #1, located toward the front of the property, offers 2 bedrooms and 1 bathroom. Unit #2 features 1 bedroom and 1 bathroom. With plenty of land and a convenient location near the Florida Institute of Technology and major space-related employers, this property offers an excellent opportunity for investors seeking an income-producing property in a desirable Melbourne location.
Details
Maps
Location, Tax, and Legal
Unit Number: 1 And 2
Tax Account: 2817888
Parcel Number: 28-37-03-33-00011.0-0020.00
General County Location: South
Elementary School: Harbor City
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 116.7
Tax Year: 2025
Tax Legal Description: WELLS MAP NO 3 LOTS 20,21 BLK 11
Directions: Babcock, East on Fee, South on Pine, property on the right: unit #1 at the front and unit #2 with a private entry in the rear. Please do not disturb the tenants!
General Property Information
Number Of Buildings: 1
Number Of Units Total: 2
Stories Total: 1
Bathrooms Half: 0
Living Area: 1492
Lot Size Acres: 0.83
Lot Size Square Feet: 36155
Association YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Senior Community YN: No
Furnished: Unfurnished
Stories: 1
Entry Level: 1
Pool Private YN: No
List Price/SqFt: 103.22
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 1955
Remarks and Miscellaneous
Public Remarks: WOW! Great investment opportunity! This unique property features two separate units with a total of 3 bedrooms and 2 bathrooms, situated on a spacious 0.83-acre lot in the heart of Melbourne. Both units are currently rented, providing immediate rental income.
Unit #1, located toward the front of the property, offers 2 bedrooms and 1 bathroom. Unit #2 features 1 bedroom and 1 bathroom. With plenty of land and a convenient location near the Florida Institute of Technology and major space-related employers, this property offers an excellent opportunity for investors seeking an income-producing property in a desirable Melbourne location.
Appliances
Dryer: 1
Electric Range: 1
Refrigerator: 1
Washer: 1
Closing Company Details
Closing Company Name: Prestige Title of Brevard, LLC
Closing Company Address: 5120 US-1 #103, Melbourne, FL 32940
Construction Materials
Frame: 1
Vinyl Siding: 1
Cooling
Wall/Window Unit(s): 1
Current Use
Residential: 1
Flooring
Wood: 1
Heating
Electric: 1
Other: 1
Laundry Features
Common Area: 1
Levels
One: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Unit 1 Details
Unit ID: 1
Actual Rent: 1200
Unit SqFt: 850
Beds Total: 2
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Square footage to be confirmed by buyer
Unit 2 Details
Unit ID: 2
Actual Rent: 1000
Unit SqFt: 640
Beds Total: 1
Full Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Square footage to be confirmed by buyer
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Contract Information
Current Price: $154,000
Original List Price: 154000
List Price: $154,000
Status: Active
Listing Contract Date: 2026-08-25
Property Sub Type: Duplex
Location Tax and Legal
Street Number: 1708
Street Name: Pine
Street Suffix: Street
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: Wells Map No 3
Status Change Information
Major Change Timestamp: 2026-08-25T15:02:07Z
Major Change Type: New Listing
Status Change Timestamp: 2026-08-25
Property Features
Appliances: Dryer; Electric Range; Refrigerator; Washer
Construction Materials: Frame; Vinyl Siding
Cooling: Wall/Window Unit(s)
Current Use: Residential
Flooring: Wood
Heating: Electric; Other
Laundry Features: Common Area
Levels: One
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Listing Office: RE/MAX Elite
Last Updated: August - 25 - 2026
Information is deemed to be reliable, but is not guaranteed.