1760&1766 Mason Terrace Melbourne, FL $ 599,900
1760&1766 Mason Terrace
$ 599,900
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1760&1766 Mason Terrace

Melbourne, FL, 32935
$ 599,900
Bedrooms5 Baths4.0 Sq 2,432

Monthly Estimate*

$ 3,788

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Multi-Family Home for sale in Melbourne, FL

for $599,900 with 5 bedrooms and 4 full baths. This 2,432 square foot home was built in 1985 on a lot size of 0.26.

ASSUMABLE 3.75% MORTGAGE! Approx. $335K loan balance available to a qualified buyer. Skip today's rates and step into a low-rate, income-producing duplex in Melbourne. This concrete block duplex offers two well-sized units, each with its own 1-car garage. Unit one is a 3 bed, 2 bath with additional parking, and unit two is a 2 bed, 2 bath. Major updates are already done: impact-rated windows throughout, 2019 roof, a 2021 AC system on one side, and a 2016 air handler on the other. Both units are occupied by long-term tenants paying $1,700 and $1,500 per month ($38,400 per year gross), with leases ending in December. That gives you flexibility to keep the steady income, raise rents, or live in one side and rent the other. City water and sewer. Low-rate financing, solid construction, and proven rental history make this a strong fit for investors and house-hackers.

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Multi-Family Active

Price

$ 599,900

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,555

Style

Duplex

Lot Size

0.26

Year Built

1985

Town/City

Melbourne

County/Region

Brevard

MLS | Web ID

1088372

Features
General
Living Area 2432
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Electric Cooktop Electric Range Microwave Refrigerator
Garage Spaces 2
Construction Materials Concrete
Year Built 1985
Tenant Pays Cable TV Electricity Grounds Care Hot Water Pest Control Sewer Water
Stories Count 1
Property Subtype Duplex
Tax Year 2025
Current Use Multi-Family Residential
Gross Income 38400
Additional Parcels Description 2711761
County Brevard
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Subdivision Name Country Club Gardens Subd
Facing Direction South
Garage Y/N true
Full Baths 4
Status Active
Directions From US-1 head west on Lake Washington Rd. Turn left onto Stewart Rd then take the first right onto Mason Ter. The duplex is on the right.
High School Eau Gallie
City Melbourne
Senior Community Y/N false
Number Of Units Total 2
MLS Area 323 - Eau Gallie
Lot Size Units Acres
Lot Size Square Feet 11326
Carport Y/N false
Elementary School Creel
Tax Annual Amount 5555.98
Middle/Junior High School Johnson
MLS Area Minor 323 - Eau Gallie
Virtual Tour https://www.virtualtourcafe.com/mls/10011721
Standard Status Active
Legal Description COUNTRY CLUB GARDENS SUBD LOTS 15 & 16 BLK A
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Interior
Flooring Carpet Tile
Furnished Y/N Unfurnished
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features In Garage
Total Bedrooms 5
Entry Level 1
Total Baths 4
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Exterior
Exterior Amenities Impact Windows
Parking Features Additional Parking Attached
Water Source Public
Total Parking 8
Lot Size Area 0.26
Number of Buildings 1
Building Area Total 3217
Lot Size Acres 0.26
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type City Street
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* Excluded Features
List By
Denovo Realty

Broker

chaleah@gehrmangroup.com

Email

Affordability Calculator

$4,251
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,788
Monthly Property Taxes
$463
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1362997 Elementary School
1363011 Middle School
Eau Gallie High School High School
Pricing History
DatePricePrice ChangeDescription
9/23/2026$599,900 Listed Price

Map


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1760&1766 Mason Terrace, Melbourne, FL, 32935 is a Multi-Family Home for sale at $599,900 with 2,432 sqft and a lot size of 0.26. 1760&1766 Mason Terrace has 5 bedrooms, 4.0 baths, and was built in 1985. The property's zip code is 32935 which is in Melbourne, FL