The Story

702 Oak Street

Melbourne Beach, FL 32951 · Home

Located just 1.5 blocks from the ocean and only 3 blocks from Ocean Avenue, this rare .59-acre property offers exceptional flexibility and investment potential. Keep it as a proven income-producing property, live in the main home while renting the cottage, or build your dream custom estate on one of the area's hard-to-find oversized lots. The property features a 3-bedroom, 2-bath main home (approx. 1,552 SF) plus a separate 1-bedroom cottage. Major updates to the Main Home include a 2019 roof with peel-and-stick underlayment and Owens Corning Duration shingles, 2024 A/C and ductwork, partial impact windows, 2022 exterior sewer line replacement, remodeled guest bath (2021), and primary bath (2008). The Cottage features updated sewer and water lines (2023), 2008 cabinets, appliances, and ceramic flooring, making this an outstanding opportunity for homeowners and investors alike. This home is Being sold as-is. Vacant and easy to show.


Facts & Features

Property Info

Price
$895,000
Completion Year
1,950
Living Space
2,212 sq ft
Floors
1
Bedrooms
4
Bathrooms
2
Garage
2 spaces
Lot size
1 acres

Features & Amenities

Garage / Parking

2 spaces

Fireplace

1 fireplace

Cooling

Central Air

Heating

Electric

Appliances

Dishwasher, Electric Cooktop, Electric Oven, Refrigerator

Flooring

Tile, Vinyl

Roof

Shingle

Lot Information

Corner Lot

Water Source

Public

Sewer

Public Sewer

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Listing Broker

Golden Group Realty LLC

Broker Name

Golden Group Realty LLC

Agent

Crystal Canina