For sale Home

Listed Feb 9, 2026

$225,000 Est. $1,488/mo

2521 Pond Street

  • 6

    Beds

  • 4

    Baths

  • 2,132

    Sq ft

The story

PARTIALLY COMPLETED 6-BEDROOM NEW BUILD - IDEAL FOR MULTI-GENERATIONAL LIVING, RESIDENTIAL CARE USE, STUDENT HOUSING Investment Opportunity in Melbourne, FL - Partially Completed Build with Major Upside. Originally permitted in 2016 as a new construction project, this half-finished home offers a head start for investors or builders ready to bring it to completion. Only the interior finishes need to be done. Situated on a 0.20-acre lot at the end of a quiet dead-end street with city water and sewer, the exterior is finished with a solid roof while the interior is fully opened, framed, and cleaned for efficient build-out. The spacious layout and multiple baths make it ideal for resale, rental, assisted living, Student rental, home-care, or similar residential care use. A rare 4-car garage adds value, with one 2-car bay convertible into additional bedrooms or care rooms. Strong structure, open canvas, serious potential.

Facts & features

Home type

Home

Year built

2016

Floors

1

Price per sq ft

$106

Parking

4-car garage

Included features

  • Flooring

    Concrete

  • Roof

    Shingle

  • Lot Information

    Cleared

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$1,488 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,198
  • Property tax $225
  • Insurance $66

Includes principal, interest, taxes & insurance.

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Listing Broker

M. David Moallem, Inc

Broker Name

M. David Moallem, Inc

Agent

Vahid Reza Rajabian