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702 Oak Street, Melbourne Beach, FL 32951

$895,000 · Active

MLS #1075621

702 Oak Street, Melbourne Beach, FL 32951
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

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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

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Contact LPT Realty at (877) 366-2213 to ask about this home.