842 Torrence LN, Melbourne, FL 32935
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842 Torrence LN, Melbourne, FL 32935
842 Torrence LN, Melbourne, FL 32935
842 Torrence LN, Melbourne, FL 32935
842 Torrence LN, Melbourne, FL 32935
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842 Torrence LN Melbourne, FL 32935

3 Beds

2 Baths

1,026 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,026 sqft

Price per Sqft $224

Subdivision Melbogallie Subd

MLS Listing ID 1078627

Bedrooms 3

Full Baths 2

HOA Y/N No

Total Fin. Sqft 1026

Year Built 1947

Annual Tax Amount $1,751

Tax Year 2025

Lot Size 4,792 Sqft

Acres 0.11

Property Sub-Type Duplex

Source Space Coast MLS (Space Coast Association of REALTORS®)

Land Area 1166

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.

Location

State FL

County Brevard

Area 323 - Eau Gallie

Direction (US1 and Sarno Rd), Heading south on US1 one block south of Sarno Rd, right on Torrence. Home will be on the right.

Interior

Heating Central, Electric, Other

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile, Vinyl

Furnishings Unfurnished

Appliance Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer

Laundry In Unit

Exterior

Exterior Feature ExteriorFeatures

Parking Features Off Street, Unassigned

Utilities Available Cable Available, Electricity Connected, Sewer Connected

Roof Type Shingle

Present Use Multi-Family,Residential

Street Surface Asphalt

Road Frontage City Street

Garage No

Private Pool No

Building

Faces North

Story 1

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Harbor City

High Schools Melbourne

Others

Senior Community No

Tax ID 27-37-21-50-0000a.0-0007.00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.virtualtourcafe.com/mls/10006799


Space Coast Association of Realtors (Brevard MLS)
Listed by Sunshine Realty Brevard

NEARBY SCHOOLS & PROPERTIES

Bradley Griffin

Bradley Griffin

Real Estate Advisor | License ID: 3257999

+1(321) 443-1360

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842 Torrence LN