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1620-1622 Peachtree Street Melbourne, FL $ 569,900
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$ 569,900 Get more info
1620-1622 Peachtree Street
$ 569,900
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1620-1622 Peachtree Street

Melbourne, FL, 32901
$ 569,900
Bedrooms5 Baths4.0 Sq 2,118

Monthly Estimate*

$ 3,555

1620-1622 Peachtree Street, Melbourne, FL 32901 - Image 1
1620-1622 Peachtree Street, Melbourne, FL 32901 - Image 2
1620-1622 Peachtree Street, Melbourne, FL 32901 - Image 3
1620-1622 Peachtree Street, Melbourne, FL 32901 - Image 4
1620-1622 Peachtree Street, Melbourne, FL 32901 - Image 5
1620-1622 Peachtree Street, Melbourne, FL 32901 - Image 6
1620-1622 Peachtree Street, Melbourne, FL 32901 - Image 7
1620-1622 Peachtree Street, Melbourne, FL 32901 - Image 8
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Multi-Family Home for sale in Melbourne, FL

for $569,900 with 5 bedrooms and 4 full baths. This 2,118 square foot home was built in 1959 on a lot size of 0.2.

NEW Roof before closing! Highly desirable triplex with long term tenants in the heart of Melbourne! This property consists of a 3 bed, 2 bath unit in the front. 1 bed, 1 bath unit in the middle, and a 1 bed, 1 bath unit in the back. Each unit has its own washer and dryer hookup. Two units have new water heaters. Turn key investment with plenty of growth available! The area is growing with already existing and new companies, business, and infrastructure. Plenty of schools, shopping, restaurant and churches in the area. Centrally located with a quick walk to Downtown Melbourne, four minutes to the river & US1, less than ten minutes to the beach, LESS than four minute to the evergrowing Melbourne International Airport & less than 15 minutes to I-95.

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Multi-Family Active

Price

$ 569,900

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,608

Style

Triplex

Lot Size

0.2

Year Built

1959

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1046554
Features
General
Living Area 2118.0
Sewer Public Sewer
Heating Central Electric Separate Meters
Cooling Central Air Electric Separate Meters Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Sewer Connected Water Connected Separate Electric Meters Separate Water Meters
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Electric Range Electric Water Heater Microwave Refrigerator
Construction Materials Block Concrete Stucco
Year Built 1959
Tenant Pays Cable TV Electricity Exterior Maintenance Sewer Trash Collection Water
Stories Count 1
Levels One
Property Subtype Triplex
Tax Year 2024
Current Use Multi-Family
Additional Parcels Description 2818394
County Brevard
New Construction N
Property Type Residential Income
HOA N
Attached Garage Y
Subdivision Name Magnolia Heights
Facing Direction East
Garage Y/N N
Full Baths 4
Status Active
Directions From US1 head west on US 192 make a right on to Babcock St left on to Fee ave right on to Peachtree st and the triplex is on your left.
High School Melbourne
City Melbourne
Senior Community Y/N N
Number Of Units Total 3
MLS Area 330 - Melbourne - Central
Lot Size Units Acres
Lot Size Square Feet 8712.0
Carport Y/N N
Elementary School University Park
Tax Annual Amount 3608.31
Home Warranty Y/N N
Middle/Junior High School Stone
Lease Renewal Y/N N
MLS Area Minor 330 - Melbourne - Central
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1046554
Standard Status Active
Legal Description MAGNOLIA HEIGHTS S 10 FT OF LOT 14 & ALL LOT 15 BLK I
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Interior
Flooring Tile
Furnished Y/N Unfurnished
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Laundry Features Electric Dryer Hookup In Unit Washer Hookup
Total Bedrooms 5
Entry Level 1
Total Baths 4
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Exterior
Fencing Wood
Parking Features Attached Shared Driveway
Lot Features Few Trees
Water Source Public
Lot Size Area 0.2
Number of Buildings 2
Spa N
Lot Dimensions 70 X 125
Lot Size Acres 0.2
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 16201622
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* Excluded Features
List By
Blue Marlin Real Estate

Broker

realtorjustinluke@gmail.com

Email

Affordability Calculator

$3,856
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,555
Monthly Property Taxes
$301
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1362892 Elementary School
1363024 Middle School
Melbourne High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/16/2025$569,900 -1.72% Price Down
6/27/2025$579,900 -1.70% Price Down
5/29/2025$589,900 -1.67% Price Down
5/19/2025$599,900 Listed Price

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1620-1622 Peachtree Street, Melbourne, FL, 32901 is a Multi-Family Home for sale at $569,900 with 2,118 sqft and a lot size of 0.2. 1620-1622 Peachtree Street has 5 bedrooms, 4.0 baths, and was built in 1959. The property's zip code is 32901 which is in Melbourne, FL

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