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702 Oak Street, Melbourne Beach, FL 32951

$895,000

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Property Description

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 areas 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.

702 Oak Street | MLS# 1075621

This single family home located at 702 Oak Street, Melbourne Beach, FL 32951 is currently listed for sale with an asking price of $895,000. This property was built in 1950 and has 4 bedrooms and 2 full baths with 2212 sq. ft. Oak Street is located in the Sunset Bay Subd subdivision. Search Sunset Bay Subd real estate on www.teamjlhomes.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2
Heating: Electric
Lot Size: 0.59 Acres
Roof Type: Shingle
Stories: 1.0
Year Built: 1950
Square Feet: 2,212

Feature Descriptions

Days on Site: 89
Equipment/ Appliances Features: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator
Exterior: Concrete, Stucco
Flooring: Tile, Vinyl
Lot: Corner Lot
Parking Notes: Garage
Sewer: Public Sewer
Utility Features: Electricity Available, Sewer Available, Water Available
Water: Public

Room Sizes

Kitchen: Level - First
Living Room: Level - First
Primary Bedroom: Level - First

Local Schools

High School: Melbourne
Middle School: Hoover
Elementary School: Gemini

Listed By / Shown By

Listed By

Agency Name: Golden Group Realty LLC
Agency Phone: 407-990-5905

Shown By

Agent Name: Team JL
Agent Phone: Cell: (352) 389-2700
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 4,772.53 per month $4,511.49 Principal & Interest $0.00 Property Tax (data not provided by mls) $261.04 Homeowner's Insurance

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