HOMES BY DARCI
Southern Key Realty
702 Oak Street Melbourne Beach FL 32951
Address
702 Oak Street, Melbourne Beach, FL
Price
$ 920,000
Property Attributes
- MLS#1075621
- TypeSingle Family
- Listing Status Active
- CountyBrevard
- CityMelbourne Beach
- AreaIndialantic-Melbourne Beach
- NeighborhoodSunset Bay Subd
- Zip32951
- StyleSingle Family Residence
- Year Built1950
- Taxes$ 13256
- Price$ 920,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2212
- Lot Size0.59 Acres
Data Source:
Space Coast AOR
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 tenants already in place--start generating returns from day one. Option two, live in one unit and rent the other (tenants are month to month). 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. Tenant occupied. Showings by appointment only.
| Elementary School | Middle School | High School |
|---|---|---|
| Gemini Elementary School | Hoover Middle School | Melbourne High School |
| Price History | |
|---|---|
| 4/24/2026 | Listed $920,000 |
General Features
| Living Area | 2212 |
|---|---|
| Sewer | Public Sewer |
| Heating | Electric |
| Cooling | Central Air |
| Utilities | Electricity Available,Sewer Available,Water Available |
| Possession | Close Of Escrow,Subject To Tenant Rights |
| Roof | Shingle |
| Appliances | Dishwasher,Electric Cooktop,Electric Oven,Refrigerator |
| Garage Spaces | 2 |
| Construction Materials | Concrete,Stucco |
| Year Built | 1950 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Current Use | Investment,Multi-Family,Residential |
| Additional Parcels Description | 2847250 |
| County | Brevard |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Sunset Bay Subd |
| Facing Direction | North |
| Garage Y/N | true |
| Total Rooms | 3 |
| Full Baths | 2 |
| Status | Active |
| Directions | Head west on US-192/E New Haven Ave, turn left onto Oak St, and continue to 702 Oak St which will be on your right. |
| High School | Melbourne |
| City | Melbourne Beach |
| Senior Community Y/N | false |
| MLS Area | 384-Indialantic/Melbourne Beach |
| Lot Size Units | Acres |
| Lot Size Square Feet | 25700 |
| Carport Y/N | false |
| Elementary School | Gemini |
| Tax Annual Amount | 13256.3 |
| Middle/Junior High School | Hoover |
| MLS Area Minor | 384-Indialantic/Melbourne Beach |
| Virtual Tour | https://www.virtualtourcafe.com/mls/10005220 |
| Standard Status | Active |
| Legal Description | SUNSET BAY SUBD LOTS 48,49,50 |
Interior Features
| Flooring | Tile,Vinyl |
|---|---|
| Furnished Y/N | Unfurnished |
| Total Fireplaces | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Total Bedrooms | 4 |
| LivingAreaSource | Public Records |
| Total Baths | 2 |
Exterior Features
| Parking Features | Garage |
|---|---|
| Lot Features | Corner Lot |
| Water Source | Public |
| Lot Size Area | 0.59 |
| Lot Size Acres | 0.59 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32951
Price
Taxes
Year Built
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