702 Oak Street, Melbourne Beach, FL 32951
Local realty services provided by:Better Homes and Gardens Real Estate Star
Listed by: crystal canina
Office: golden group realty llc.
MLS#:1075621
Source:FL_SPACE
Price summary
- Price:$920,000
- Price per sq. ft.:$415.91
About this home
Located just 1.5 blocks to the ocean and 3 blocks to Ocean Avenue, this property is situated in an ideal location and boasts a .59 acre homesite. The options include maintaining it as an Income-producing property with tenants already in place--start generating returns from day one. Option two, live in one unit and rent the other (tenants are month to month). Option 3, the highest use, build a true custom home on a hard to find .59 acre lot! Currently, there is a 3-bedroom, 2-bath home offering approximately 1,552 square feet of living space and additionally a 1 bedroom cottage. The property presents strong upside potential for investors looking to enhance value over time, whether as a long-term rental or future renovation project. This home is Being sold as-is. Tenant occupied. Showings by appointment only.
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Home facts
- Year built:1950
- Listing ID #:1075621
- Added:29 day(s) ago
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:3
- Flooring:Tile, Vinyl
- Kitchen Description:appl_
- Living area:2,212 sq. ft.
Heating and cooling
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:1950
- Building area:2,212 sq. ft.
- Lot area:0.59 Acres
- Construction Materials:Stucco
Schools
- High school:Melbourne
- Middle school:Hoover
- Elementary school:Gemini
Utilities
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$920,000
- Price per sq. ft.:$415.91
- Tax amount:$13,256 (2025)
Features and amenities
- Laundry features:appl_
Parking
- Garage:Yes
- Garage spaces:2
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