1760&1766 Mason Terrace, Melbourne, FL 32935

Melbourne
Local realty services provided by:Better Homes and Gardens Real Estate Star
1760&1766 Mason Terrace,Melbourne, FL 32935
$574,900
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  • 5 Beds
  • 4 Baths
  • 2,432 sq. ft.
  • Multi-family
  • Active
Listed by: chaleah gehrman
Office: denovo realty
MLS#:1088372
Source:FL_SPACE

Price summary

  • Price:$574,900
  • Price per sq. ft.:$178.71

About this home

ASSUMABLE 3.75% MORTGAGE! Approx. $335K loan balance available to a qualified buyer. Skip today's rates and step into a low-rate, income-producing duplex in Melbourne. This concrete block duplex offers two well-sized units, each with its own 1-car garage. Unit one is a 3 bed, 2 bath with additional parking, and unit two is a 2 bed, 2 bath. Major updates are already done: impact-rated windows throughout, 2019 roof, a 2021 AC system on one side, and a 2016 air handler on the other. Both units are occupied by long-term tenants paying $1,700 and $1,500 per month ($38,400 per year gross), with leases ending in December. That gives you flexibility to keep the steady income, raise rents, or live in one side and rent the other. City water and sewer. Low-rate financing, solid construction, and proven rental history make this a strong fit for investors and house-hackers.

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Home facts

  • Year built:1985
  • Subdivision & Development:Country Club Gardens Subd
  • Listing ID #:1088372
  • Added:49 day(s) ago

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Tile
  • Kitchen Description:appl_
  • Living area:2,432 sq. ft.

Heating and cooling

  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1985
  • Building area:2,432 sq. ft.
  • Lot area:0.26 Acres

Schools

  • High school:Eau Gallie
  • Middle school:Johnson
  • Elementary school:Creel

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$574,900
  • Price per sq. ft.:$178.71
  • Tax amount:$5,555 (2025)

Features and amenities

  • Laundry features:appl_

Parking

  • Total parking spaces:8
  • Parking description:Attached
  • Garage:Yes
  • Garage spaces:2
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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