Banke Ayanleke

702 Oak Street, Melbourne Beach, FL 32951

$895,000

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Property Description

Located just 1.5 blocks to the ocean and 3 blocks to Ocean Avenue, this property is situated in an ideal location and boasts a .59 acre homesite. The options include maintaining it as an Income-producing property with new tenants. Option two, live in one unit and rent the other to new tenants. Option 3, the highest use, build a true custom home on a hard to find .59 acre lot! Currently, there is a 3-bedroom, 2-bath home offering approximately 1,552 square feet of living space and additionally a 1 bedroom cottage. The property presents strong upside potential for investors looking to enhance value over time, whether as a long-term rental or future renovation project. This home is Being sold as-is. Vacant and easy to show.

702 Oak Street | MLS# 1075526

This multi-family property located at 702 Oak Street, Melbourne Beach, FL 32951 is currently listed for sale with an asking price of $895,000. Search Melbourne Beach real estate on www.bankeayanleke.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2
Heating: Electric
Lot Size: 0.59 Acres
Roof Type: Shingle
Year Built: 1950
Square Feet: 2,212

Feature Descriptions

Common Amenities: Beach Access
Days on Site: 78
Equipment/ Appliances Features: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator
Exterior: Concrete, Stucco
Flooring: Tile, Vinyl
Lot: Corner Lot
Parking Notes: Garage
Sewer: Public Sewer
Utility Features: Electricity Available, Sewer Available, Water Available
Water: Public

Local Schools

High School: Melbourne
Middle School: Hoover
Elementary School: Gemini

Listed By / Shown By

Listed By

Agency Name: Golden Group Realty LLC
Agency Phone: 407-990-5905

Shown By

Agent Name: Banke Ayanleke
Agent Phone: (850) 792-4919
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 4,772.53 per month $4,511.49 Principal & Interest $0.00 Property Tax (data not provided by mls) $261.04 Homeowner's Insurance

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