658 Young St Melbourne, FL 32935
Melbourne AreaEstimated payment $3,917/month
Highlights
- In a Historic District
- No HOA
- Tankless Water Heater
- 4 Fireplaces
- Balcony
- 5-minute walk to Rossetter Park
About This Home
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 all 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.
Listing Agent
Space Coast Realty & Inv. LLC License #3242222 Listed on: 05/02/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,094
Year Built
- Built in 1926
Lot Details
- 4,792 Sq Ft Lot
- South Facing Home
Home Design
- Quadruplex
- Frame Construction
- Shingle Roof
- Stucco
Interior Spaces
- 3,144 Sq Ft Home
- 2-Story Property
- 4 Fireplaces
- Laminate Flooring
- Stacked Washer and Dryer
Kitchen
- Gas Oven
- Gas Range
- Microwave
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Shared Driveway
- Guest Parking
- Parking Lot
- Assigned Parking
Outdoor Features
- Balcony
- Shed
Location
- In a Historic District
Schools
- Johnson Middle School
Utilities
- Ductless Heating Or Cooling System
- Multiple cooling system units
- Split Air Conditioning
- Heating Available
- Natural Gas Connected
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- The owner pays for common area maintenance, exterior maintenance, grounds care, HVAC maintenance, insurance, management, pest control, repairs, roof maintenance, taxes, trash collection, water
- Assessor Parcel Number 27-37-21-05-00000.0-0007.00
Community Details
Overview
- No Home Owners Association
- 4 Units
- Snells S/D Of Lot 25 Houstons Add To Eau Gallie Subdivision
Building Details
- Gross Income $52,138
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2026 | $7,094 | $384,000 | ||
| 2025 | $6,687 | $384,000 | ||
| 2024 | $6,392 | $384,000 | ||
| 2023 | $6,392 | $384,000 | $0 | $0 |
| 2022 | $5,687 | $351,000 | $0 | $0 |
| 2021 | $5,172 | $272,720 | $58,000 | $214,720 |
| 2020 | $5,056 | $264,750 | $58,000 | $206,750 |
| 2019 | $3,420 | $257,040 | $58,000 | $199,040 |
| 2018 | $2,450 | $114,000 | $0 | $114,000 |
| 2017 | $2,511 | $114,000 | $0 | $114,000 |
| 2016 | $2,514 | $108,000 | $0 | $0 |
| 2015 | $2,224 | $90,200 | $46,000 | $44,200 |
| 2014 | $2,009 | $82,000 | $46,000 | $36,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 09/09/2026 09/09/26 | Price Changed | $600,000 | -4.0% | $191 / Sq Ft | |
| 05/02/2026 05/02/26 | For Sale | $625,000 | +66.7% | $199 / Sq Ft | |
| 02/27/2019 02/27/19 | Sold | $375,000 | -5.3% | $119 / Sq Ft | View Prior Sale |
| 01/25/2019 01/25/19 | Pending | -- | -- | -- | |
| 12/26/2018 12/26/18 | For Sale | $395,900 | -- | $126 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | $375,000 | Attorney | |
| Warranty Deed | $113,900 | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $378,750 | New Conventional | |
| Previous Owner | $125,000 | New Conventional | |
| Previous Owner | $89,132 | New Conventional | |
| Previous Owner | $44,000 | Credit Line Revolving | |
| Previous Owner | $111,000 | New Conventional |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1076310
APN: 27-37-21-05-00000.0-0007.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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