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Listed price in listed location currency (USD).
$229,900

334

MLS® 1078627

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1026 sqft
Garage 
Taxes $1,752
Days Active 0
Lot Size 
Approx. Age 1947
Avg. Price Per Sqft $224
MLS® Number 1078627

Property Address: 842 Torrence Lane, Melbourne, FL, 32935

Average square foot calculated using Size range provided by listing agent.

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: Market rent at $925/month2-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.
MLS® Number1078627
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1947
Basement
DrivewayOff Street, Unassigned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 30, 2026List Date
$229,900List Price
  • Commute

Commute

Starting Address
Destination Address
842 Torrence Ln, Melbourne, FL

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