For SaleMulti-Family
$230K
842 Torrence Lane, Melbourne, FL 32935, Melbourne, FL 32935
Eau Gallie Arts District neighborhood
Subdivision: Melbogallie Subd
3
Bedrooms
3
Bathrooms
1,026
Sq Ft
1947
Year Built

About This Property

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 a commercial enterprise/retail/real estate/spa suite 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.

Additional Details

Lot Size:0.11 acres (4,792 sqft)
Full Baths:2
Half Baths:1
Stories:1
MLS Area:323 - Eau Gallie

Schools

Elementary

Harbor City

Middle School

Hoover

High School

Melbourne

$230K
Call Agent

Listing Agent

R
Roger L Bukowski
Sunshine Realty Brevard
321-243-4952
MLS# 1078627
Call Agent

Listing information provided by Space Coast Association of REALTORS® (SPACE) and the Brevard MLS. All information is deemed reliable but not guaranteed and should be independently verified. MaxxCity Realty is not responsible for errors or omissions in listing data.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Brevard MLS. Real estate listings held by brokerage firms other than MaxxCity Realty are marked with the IDX logo. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Space Coast Association of REALTORS®. All rights reserved.