702 Oak Street, Melbourne Beach, FL 32951
$895,000 · Active
MLS #1075621

- Price
- $895,000
- Status
- Active
- Bedrooms
- 4
- Bathrooms
- 2
- Living area
- 2,212 sq ft
- Home type
- Single Family Residence
- Year built
- 1950
- Lot size
- 0.59 acres
- Full bathrooms
- 2
- Half bathrooms
- 0
- Private pool
- No
- Waterfront
- No
- New construction
- No
- HOA
- No
- 55+ community
- No
- Levels
- One
- County
- Brevard
- Garage spaces
- 2
- Annual property taxes
- $13,256.3
- Subdivision
- Sunset Bay Subd
- Appliances & Equipment
- Dishwasher · Electric Cooktop · Electric Oven · Refrigerator
- Bathrooms
- 2 total bathrooms · 2 full bathrooms
- Bedrooms
- 4 total bedrooms
- Building
- Built in 1950 · Living area: 2212.0 · Building faces North · Levels: One · Construction Materials: Concrete, Stucco
- Cooling
- Central Air
- Fireplaces
- 1 fireplace
- Floors
- Tile · Vinyl
- Garage
- 2 spaces
- Heating
- Electric
- Lot
- 0.59 acres · Corner Lot
- Parking
- Garage
- Roof
- Shingle
- Sewer
- Public Sewer
- Utilities
- Electricity Available · Sewer Available · Water Available · Water Source: Public
- Elementary school
- Gemini
- Middle school
- Hoover
- High school
- Melbourne
About this home
Located just 1.5 blocks from the ocean and only 3 blocks from Ocean Avenue, this rare .59-acre property offers exceptional flexibility and investment potential. Keep it as a proven income-producing property, live in the main home while renting the cottage, or build your dream custom estate on one of the area's hard-to-find oversized lots. The property features a 3-bedroom, 2-bath main home (approx. 1,552 SF) plus a separate 1-bedroom cottage. Major updates to the Main Home include a 2019 roof with peel-and-stick underlayment and Owens Corning Duration shingles, 2024 A/C and ductwork, partial impact windows, 2022 exterior sewer line replacement, remodeled guest bath (2021), and primary bath (2008). The Cottage features updated sewer and water lines (2023), 2008 cabinets, appliances, and ceramic flooring, making this an outstanding opportunity for homeowners and investors alike. This home is Being sold as-is. Vacant and easy to show.
Courtesy of Golden Group Realty LLC 407-990-5905
Schedule A Tour Get More Information On This HomeContact LPT Realty at (877) 366-2213 to ask about this home.