NOT LISTED FOR SALE

1778 Guava Ave Melbourne, FL 32935

Estimated Value: $277,920 - $408,000

5 Beds
3 Baths
1,846 Sq Ft
$193/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2025

Last sale price $350,000 $190 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,278 / mo

14 Days on Market

Highlights

  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Laundry in multiple locations
  • No HOA
  • Tile Flooring
  • East Facing Home

About This Home

As of March 2025

INVESTMENT OPPORTUNITY in a Prime Location! This versatile triplex is a fantastic opportunity for investors or owner-occupants looking to generate rental income. Amazing location just up the street from Eau Gallie Historic District with great bars, restaurants and shops! This property offers 3 units: Unit 1776 has 2 bedrooms, 1 bath and 2020 Updated Kitchen with Washer/Dryer Hookup; Unit 1778 has 2 bedrooms, 1 bath and 2024 Updated Bathroom with Washer/Dryer Hookup; and Unit 1780 has 1 bedroom, 1bath which is the North end unit. While some updates have been made - including new roof in 2021, there's still room for improvement, allowing you to add value and increase rent potential. With a little TLC, this property could truly shine! Whether you're looking to renovate and flip or hold as long-term investment, this triplex is a fantastic opportunity and priced to sell. Don't miss out! Schedule a showing today!

Last Agent to Sell the Property

Lauren VanWie

RE/MAX Aerospace Realty License #644439 Listed on: 02/14/2025

RE/MAX Aerospace Realty

Last Buyer's Agent

Vickie Dittman

We Say Sold Inc License #677187

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,264

Year Built

  • Built in 1956

Lot Details

  • 8,712 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Corner Lot

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,846 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Tile
  • Terrazzo
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in multiple locations
  • Washer and Electric Dryer Hookup

Schools

  • Creel Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, water
  • Assessor Parcel Number 27-37-16-25-00029.0-0015.00

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Eau Gallie Village Plat Of Subdivision

Building Details

  • Operating Expense $5,000
  • Gross Income $26,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,264

Year Built

Built in 1956

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Reso Property Sub Type: Triplex
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup, Multiple Locations
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Eau Gallie Village Plat of
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information CDD Fee YN: No
  • Marketing Remarks:Marketing Remarks: INVESTMENT OPPORTUNITY in a Prime Location! This versatile triplex is a fantastic opportunity for investors or owner-occupants looking to generate rental income. Amazing location just up the street from Eau Gallie Historic District with great bars, restaurants and shops! This property offers 3 units: Unit 1776 has 2 bedrooms, 1 bath and 2020 Updated Kitchen with Washer/Dryer Hookup; Unit 1778 has 2 bedrooms, 1 bath and 2024 Updated Bathroom with Washer/Dryer Hookup; and Unit 1780 has 1 bedroom, 1bath which is the North end unit. While some updates have been made - including new roof in 2021, there's still room for improvement, allowing you to add value and increase rent potential. With a little TLC, this property could truly shine! Whether you're looking to renovate and flip or hold as long-term investment, this triplex is a fantastic opportunity and priced to sell. Don't miss out! Schedule a showing today!
  • General Property Information Water Body Access YN2: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Terrazzo, Vinyl
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Fencing: Wood
  • Acres: 0.2
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available, Separate Electric Meters, Separate Water Meters
  • Heating: None
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Current Use: Investment, Multi-Family, Residential
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-16-25-00029.0-0015.00
  • Zoning Description: Multi Family

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4263.57

Multi Family

  • Number Of Units Total: 3
  • Income Includes: ["Rent Only"]
  • Annual Operating Expense: 5000.0

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2025
Closed on
Mar 25, 2025
Sold by
Bought by
Seller's Agent
Lauren VanWie
RE/MAX Aerospace Realty
Buyer's Agent
Vickie Dittman
We Say Sold Inc
List Price
$390,000
Sold Price
$350,000
Premium/Discount to List
-$40,000
-10.26%
Views
10
Current Estimated Value
$356,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,730
Avg. Annual Appreciation
1.55%

Purchase Details

Closed on
Oct 27, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 10, 2007
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 Prestige Title Of Brevard
$350,000 Prestige Title Of Brevard
-- Attorney
$32,500 Attorney
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/25/2025 03/25/25 Sold $350,000 -10.3% $190 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $390,000 -- $211 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,264 $345,600 -- --
2024 $4,007 $313,200 -- --
2023 $4,007 $295,800 -- --
2022 $3,022 $182,520 $0 $0
2021 $2,738 $139,870 $50,000 $89,870
2020 $2,560 $133,270 $50,000 $83,270
2019 $2,398 $115,880 $50,000 $65,880
2018 $2,273 $110,000 $0 $110,000
2015 $1,964 $78,100 $35,000 $43,100
2014 $1,753 $71,000 $35,000 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1037336

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-16-25-00029.0-0015.00

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