1806&1808 Pine Street Melbourne FL 32901
Overview of 1806&1808 Pine Street, Melbourne, Fl 32901
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Investor special!!! nestled in the heart of central melbourne and directly across from a lush local golf course, this historic home presents a rare, high-upside opportunity for investors and developers alike. Set on a generous .84-acre parcel with city water and sewer in place, the property offers flexibility to rehabilitate the existing residence or start fresh with new construction. The value multiplies with the option to further expand by adding a third property available for purchase to reach an impressive 1.26 acresunlocking the ability to pursue r2 rezoning with a density allowance of up to six units per acre. Currently, zoning allows for an accessory dwelling unit of up to 600 square feet, attached or detached, and permits short-term rentals, creating immediate income potential. Located within a qualified opportunity zone, this assemblage delivers substantial tax advantages, making it an exceptional canvas for redevelopment, income production, or long-term portfolio growth in one of melbourne's most desirable corridors.
This lovely single family home was built in 1969 and features 5 bedrooms, and 3 full bathrooms. This home for sale is 2,394 square feet, with 2,394 sq ft being air conditioned living space. The home has a 1 car garage and does not have a private swimming pool.
Directions to this property are as follows: Off Of 192.
Please contact your ZFC agent for more information about MLS# 1066680 or any other homes for sale in Melbourne or elsewhere in the Brevard County area.
1806&1808 Pine Street Price Calculator
The payment calculator figures for 1806&1808 Pine Street, Melbourne, Fl 32901 should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this home for sale are estimated based on the actual property taxes for this property for the tax year 2025 which are $7,970 but will likely change when this home sells. These estimations are calculated from a list price of $349,900 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the home characteristics and location.
Recent Home Sales near 1806&1808 Pine Street
MLS# 1066680 Listing History
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Map of 1806&1808 Pine Street Melbourne FL 32901
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The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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