842 Torrence Lane Melbourne, FL $ 229,900
842 Torrence Lane
$ 229,900
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842 Torrence Lane

Melbourne, FL, 32935
$ 229,900
Bedrooms3 Baths2.0 Sq 1,026

Monthly Estimate*

$ 1,416

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Multi-Family Home for sale in Melbourne, FL

for $229,900 with 3 bedrooms and 2 full baths. This 1,026 square foot home was built in 1947 on a lot size of 0.11.

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 Aptartment: Market rent at $925/month and the 2-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 an office/real estate/cpa 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.

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Multi-Family Active

Price

$ 229,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,751

Style

Duplex

Lot Size

0.11

Year Built

1947

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1078627

Features
General
Living Area 1026
Sewer Public Sewer
Heating Central Electric Other
Cooling Central Air Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Sewer Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dryer Electric Range Electric Water Heater Refrigerator Washer
Construction Materials Frame Wood Siding
Year Built 1947
Tenant Pays Cable TV Electricity Sewer Telephone Water
Stories Count 1
Property Subtype Duplex
Tax Year 2025
Current Use Multi-Family Residential
Gross Income 27900
Additional Parcels Description 2725198
County Brevard
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Melbogallie Subd
Facing Direction North
Garage Y/N false
Full Baths 2
Status Active
Directions (US1 and Sarno Rd) Heading south on US1 one block south of Sarno Rd right on Torrence. Home will be on the right.
High School Melbourne
City Melbourne
Senior Community Y/N false
Zoning Description Multi Family
Number Of Units Total 2
MLS Area 323 - Eau Gallie
Lot Size Units Acres
Lot Size Square Feet 4792
Carport Y/N false
Elementary School Harbor City
Tax Annual Amount 1751.69
Middle/Junior High School Hoover
MLS Area Minor 323 - Eau Gallie
Virtual Tour https://www.virtualtourcafe.com/mls/10006799
Standard Status Active
Legal Description MELBOGALLIE SUBD LOT 7 BLK A
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Interior
Flooring Tile Vinyl
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features In Unit
Total Bedrooms 3
Total Baths 2
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Exterior
Parking Features Off Street Unassigned
Water Source Public
Total Parking 4
Lot Size Area 0.11
Number of Buildings 1
Building Area Total 1166
Lot Size Acres 0.11
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type City Street
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* Excluded Features
List By
Sunshine Realty Brevard

Broker

rbukowski50@gmail.com

Email

Affordability Calculator

$1,561
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,416
Monthly Property Taxes
$146
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
4776008 Elementary School
4810970 Middle School
Melbourne High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2026$229,900 Listed Price

Map


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842 Torrence Lane, Melbourne, FL, 32935 is a Multi-Family Home for sale at $229,900 with 1,026 sqft and a lot size of 0.11. 842 Torrence Lane has 3 bedrooms, 2.0 baths, and was built in 1947. The property's zip code is 32935 which is in Melbourne, FL