658 Young Street, Melbourne, FL 32935
Snells S/D of Lot 25 Houstons Add To Eau Gallie · Brevard County
Key Facts
Description
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, some 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.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Year Built
1926
Stories
2
Living Area
3,144 sq ft
Lot Size
0.11 acres
Parking Spaces
8
MLS® Listing#
1076310
Property Features
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Parking
Construction
Roof
Other Structures
Utilities
Sewer
Water Source
Schools
- Middle:
- Johnson
Financial Details
HOA
None
Annual Taxes
$7,094
Tax year 2025
Parcel Number
27-37-21-05-00000.0-0007.00
Affordability Calculator
$125,000
Estimated monthly payment
$3,327/mo
Principal $500,000 · Est. interest $697,544 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Melbourne, FL
- $449,606
- Median Listing Price
- 65
- Median Days on Market
- 1,806
- Median Sq Ft
- $245
- Median Price / Sq Ft
- 1,002
- Active Listings
- This home’s price is 39% above the area median.
- Its price per sq ft is 19% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Melbourne, FL.
Location
Points of Interest in Melbourne, FL
Showing the Melbourne area map.
Nearby Schools
Sancta Familia Academy
School · 0.1 mi away
The Verdi Ecoschool
School · 0.7 mi away
Harbor City Elementary School
Elementary · 0.9 mi away
Community Christian School
School · 0.9 mi away
Eau Gallie High School
Secondary · 1.2 mi away
West Shore Junior/Senior High School
Secondary · 1.3 mi away
West Shore Pta
School · 1.3 mi away
Keystone Academy
School · 1.3 mi away
Dr WJ Creel Elementary School
Elementary · 1.4 mi away
Croton Elementary School
Elementary · 1.6 mi away
Rising Stars Academy
School · 1.7 mi away
Johnson Middle School
Secondary · 1.9 mi away
Ascension Catholic Church
School · 2.0 mi away
RFM Christian Academy
School · 2.2 mi away
Roy Allen Elementary School
Elementary · 2.3 mi away
Indian Harbour Montessori School
Secondary · 2.5 mi away
Sabal Elementary School
Elementary · 2.6 mi away
Melbourne High School
Secondary · 2.6 mi away
Ocean Breeze Elementary School
Elementary · 2.7 mi away
South Area Alternative Learning Center
School · 2.7 mi away
Commute Calculator
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|---|---|---|---|---|
| 6612 Fawn Ridge Drive, Melbourne, FL | $437,500 | 3 | 2 | 1,401 |
| 2646 Spur Drive, Melbourne, FL | $439,000 | 3 | 2 | 1,749 |
| 869 Fiddleleaf Circle, Melbourne, FL | $439,000 | 4 | 2 | 1,914 |
| 3048 S Highway A1a 4d, Melbourne Beach, FL | $439,000 | 3 | 3 | 1,542 |
| 1805 Bayhill Drive, Melbourne, FL | $439,000 | 4 | 2 | 1,762 |
| 2623 Reflections Place, Melbourne, FL | $439,900 | 4 | 3 | 2,862 |
Moving Cost Estimate
EXIT Agents in Melbourne
Listing Courtesy: Space Coast Realty & Inv. LLC - 3217835000