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658 Young Street Melbourne, FL $ 625,000
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$ 625,000 Get more info
658 Young Street
$ 625,000
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658 Young Street

Melbourne, FL, 32935
$ 625,000
Bedrooms4 Baths4.0 Sq 3,144

Monthly Estimate*

$ 3,848

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Multi-Family Home for sale in Melbourne, FL

for $625,000 with 4 bedrooms and 4 full baths. This 3,144 square foot home was built in 1926 on a lot size of 0.11.

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, 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.

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Multi-Family Active

Price

$ 625,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,093

Style

Quadruplex

Lot Size

0.11

Year Built

1926

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1076310
Features
General
Living Area 3144
Sewer Public Sewer
Heating Varies by Unit Individual
Cooling Multi Units Split System
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Water Connected Separate Electric Meters Separate Gas Meters
Possession Close Of Escrow Subject To Tenant Rights
Roof Shingle
Appliances Gas Oven Gas Range Gas Water Heater Microwave Refrigerator Tankless Water Heater Washer/Dryer Stacked Other
Construction Materials Block Concrete Stucco
Year Built 1926
Tenant Pays Cable TV Electricity Gas
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Current Use Investment Multi-Family Residential
Gross Income 52138
Additional Parcels Description 2724766
County Brevard
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Snells S/D of Lot 25 Houstons Add To Eau Gallie
Facing Direction South
Garage Y/N false
Other Structures Shed(s)
Full Baths 4
Status Active
Directions US 1 South of Eau Gallie causeway to Young Street
City Melbourne
Senior Community Y/N false
Number Of Units Total 4
MLS Area 323 - Eau Gallie
Lot Size Units Acres
Lot Size Square Feet 4792
Carport Y/N false
Tax Annual Amount 7093.88
Middle/Junior High School Johnson
MLS Area Minor 323 - Eau Gallie
Virtual Tour https://www.virtualtourcafe.com/mls/10005572
Standard Status Active
Legal Description SNELLS S/D OF LOT 25 HOUSTONS ADD TO EAU GALLIE LOT 7
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Interior
Flooring Laminate
Furnished Y/N Unfurnished
Total Fireplaces 4
Fireplace Features Other
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Total Bedrooms 4
Entry Level 1
Total Baths 4
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Exterior
Exterior Amenities Balcony
Parking Features Assigned Guest Parking Lot Shared Driveway Other
Lot Features Historic Area
Water Source Public
Total Parking 8
Lot Size Area 0.11
Number of Buildings 1
Lot Size Acres 0.11
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* Excluded Features
List By
Space Coast Realty & Inv. Llc

Broker

dg.kelley@yahoo.com

Email

Affordability Calculator

$4,439
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,848
Monthly Property Taxes
$591
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4813547 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/2/2026$625,000 Listed Price

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658 Young Street, Melbourne, FL, 32935 is a Multi-Family Home for sale at $625,000 with 3,144 sqft and a lot size of 0.11. 658 Young Street has 4 bedrooms, 4.0 baths, and was built in 1926. The property's zip code is 32935 which is in Melbourne, FL

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