842 Torrence Lane, Melbourne, FL 32935

Melbourne
Local realty services provided by:Better Homes and Gardens Real Estate Star
842 Torrence Lane,Melbourne, FL 32935
$229,900
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,026 sq. ft.
  • Multi-family
  • Active
Listed by: roger l bukowski, julie schooler
Office: sunshine realty brevard
MLS#:1078627
Source:FL_SPACE

Price summary

  • Price:$229,900
  • Price per sq. ft.:$197.17

About this home

PRIME LOCATION! Sarno & US1 Investment Opportunity 🌴Run your business and live here, or generate immediate passive income! Located in the heart of Melbourne, this flexible residential/professional property gives you endless options on a budget. Income Potential: Studio Aptartment: Market rent at $925/month and the 2-Bedroom: Currently occupied at $1400/month Total Gross: $2,325/month ($27,900/year) Endless Possibilities: Live-Work: Operate your small business in the studio and live in the 2-bedroom. Short-Term Rentals: Convert into two lucrative Airbnb/vacation suites. Full Business/Residence: Open it up for an office/real estate/cpa or a single-family home. We have the space--you have the vision. Let's make it happen! Reach out today to schedule a tour and make your dreams a reality.

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Home facts

  • Year built:1947
  • Listing ID #:1078627
  • Added:1 day(s) ago

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Tile, Vinyl
  • Kitchen Description:appl_
  • Living area:1,026 sq. ft.

Heating and cooling

  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1947
  • Building area:1,026 sq. ft.
  • Lot area:0.11 Acres

Schools

  • High school:Melbourne
  • Middle school:Hoover
  • Elementary school:Harbor City

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$229,900
  • Price per sq. ft.:$197.17
  • Tax amount:$1,751 (2025)

Features and amenities

  • Laundry features:appl_

Parking

  • Total parking spaces:4
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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