$625,000

658 Young Street, Melbourne, FL 32935

  • 4 beds |
  • 4 baths |
  • 3,144 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $199/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Outstanding investment opportunity in the Eau Gallie Arts District! This restored historic multifamily is an ideal portfolio addition for the astute buyer. All four units are 1BR/1BA with spacious living and dining areas, full kitchens, and a bonus room perfect for an office or creative space. Each unit includes two ductless wall-mounted mini-split systems, and two units feature stackable washer/dryers. Just steps from the Eau Gallie Marina and walking distance to shops, restaurants, and nightlife, with quick access to US-1 and the beach. Upgrades include new plumbing, some new electrical, tankless water heaters, impact windows in most areas, 2022 roof, and remodeled interiors that preserve historic charm. With high rental demand in this district, this turnkey property offers strong income potential and long-term appreciation.

Listing Status:
Active
Date Added:
May 2, 2026
Data Last Updated:
August 6, 2026 at 7:36AM
Listing Office:
Space Coast Realty & Inv. LLC : 321-783-5000
Listing Agent:
Donna A Gianotti-Kelley : 321-806-6362
MLS ID:
1076310
  • Appliances: Gas OvenGas RangeGas Water HeaterMicrowaveRefrigeratorTankless Water HeaterWasher/Dryer StackedOther
  • Flooring: Laminate
  • A/C: Multi UnitsSplit SystemDuctless
  • Heating: Varies by UnitIndividual
  • Fireplace: OtherFireplaceFireplaces: 4
  • General: BalconyShed(s)
  • Parking: AssignedGuestParking LotShared DrivewayOtherParking spaces: 8
  • Roofing: Shingle
  • General: BlockConcreteStuccoTwo
  • Originating MLS: Space Coast MLS (Space Coast Association of REALTORS®)
  • County: Brevard
  • Zoning: SNELLS S/D OF LOT 25 HOUSTONS ADD TO EAU GALLIE LOT 727-37-21-05-00000.0-0007.00
  • Current Use: InvestmentMulti-FamilyResidential
  • Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedSeparate Electric MetersSeparate Gas Meters
  • Water: Public
  • Sewer: Public Sewer
  • Source: Space Coast MLS (Space Coast Association of REALTORS®)

This listing courtesy of Donna A Gianotti-Kelley , Space Coast Realty & Inv. LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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