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(561) 312-0686
Real Estate Company
842 Torrence Lane, Melbourne, FL 32935
- $226,000
- 3
- BD
- 2
- BA
- 1,026
- SqFt
- Sold Price
- $226,000
- List Price
- $229,900
- Status
- CLOSED
- Days on Market
- 46
- Closing Date
- Jul 15, 2026
- MLS#
- 1078627
- Subtype
- Residential Income
- Year Built
- 1947
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,026
- Lot Size
- 4,792
- Acres
- 0.11
- Subdivision
- Melbogallie Subd
- MLS Area Major
- Eau Gallie
Property Description
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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Additional Information
- Financing
- Cash, Conventional
- Appliances
- Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
- Heating
- Central, Electric, Other
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Exterior Construction
- Frame, Wood Siding
- Roof
- Shingle
- Parking
- Off Street, Unassigned
- Elementary School
- Harbor City
- Middle School
- Hoover
- High School
- Melbourne
Listing courtesy of Sunshine Realty Brevard.
Listing courtesy of Sunshine Realty Brevard. Contact:
Selling Office: Sunshine Realty Brevard.