$549,500

701 E Fee Ave Unit 701-703 Melbourne, FL 32901

Estimated payment $3,159/month

3 Beds
3 Baths
1,188 Sq Ft
$463 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Multiple cooling system units
  • Tile Flooring
  • No HOA
  • Shed
  • 4-minute walk to Wells Park

About This Home

ZONE FOR MULTI UNITS, CURRENTLY USE TRI PLEX. 3 TENANTS, EACH UNIT HAS 1 BEDROOM 1 BATH. TOTAL 3 BEDRM 3 BATH
BIG BACK YARD, WITH WASHER/DRYER OUTSIDE THE BUILDING, UNDER COVERAGE, LONG TERMS TENANTS. THEY HAVE THEIR SEPERATED ENTRANCE WAY.

Listing Agent

Brenda Muh

Space Coast Realty Corp. License #379572 Listed on: 04/22/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,952

Year Built

  • Built in 1942

Lot Details

  • 8,712 Sq Ft Lot
  • North Facing Home
  • Cleared Lot
  • Few Trees

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stone Veneer
  • Asphalt
  • Stucco

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Views of Woods
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Shared Driveway
  • On-Street Parking

Outdoor Features

  • Shed

Schools

  • Harbor City Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Hot Water Heating System
  • 150 Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • La Bertha Lawn Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • The owner pays for common area maintenance, exterior maintenance, grounds care, management, trash collection
  • Assessor Parcel Number 28-37-03-01-00037.0-0004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,952

Year Built

Built in 1942

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1942
  • Reso Property Sub Type: Triplex
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Cleared, Few Trees
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Trees/Woods
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: La Bertha Lawn
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Financial Info Electric: 150 Amp Service
  • General Property Information CDD Fee YN: No
  • Marketing Remarks:Marketing Remarks: WELL KEPT TRI PLEX UNITS, LOCATED IN HEART OF MELBOURNE DOWNTOWN, WALKING DISTANCES TO MELBOURNE LIBRARY, MELBOURNE PARK AND OLL CATHELIC CHURCH, ALL LONG TERMS TENANTS. IT HAS NEWER METAL ROOF, AC UNITS, WATER HEATER. REFREGERATORS, WASHER/DRYER ALL UNITS HAS FUNCTIONAL LAYOUT, IDEAL FOR TENANTS SEEKING COMFORT AND CONVENIENCE. JUST MINUTES TO SHOPPING, DINNING AND ENTERTAINMENT, DONT MISS YOUR CHANCE TO OWN A PRIME INVESTMENT PROPERTY IN VIBRANT DOENTOWN MELBOURNE !
  • General Property Information Water Body Access YN2: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile
  • Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Metal
  • Acres: 0.2
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco, Stone Veneer
  • Direction Faces: North

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street, Shared Driveway

Utilities

  • Cooling: Central Air, Electric, Multi Units, Wall/Window Unit(s)
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters
  • Heating: Central, Electric, Hot Water
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-03-01-00037.0-0004.00

Rental Info

  • Tenant Pays: Electricity, Sewer, Telephone, Water
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Grounds Care, Management, Trash Collection

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 2951.89

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 3000.0

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Map

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Home Values in the Area

Source: Public Records

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Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2026 04/22/26 For Sale $549,500 -- $463 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

About the Listing Agent

Brenda Muh

Space Coast Realty Corp.

(321) 275-3556

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Brenda is focused on providing you with the best results and service in the industry. She listens carefully to understand your real estate goals and works hard to create solutions that make sense for you. Whether you are new to the market or an experienced investor, she has the expertise, proven track record, and resources to help you achieve your real estate goals.

As is often said, real estate is about location, location, location. She has extensive knowledge of the Palm Bay, FL area

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

MLS Number: 1075269

Space Coast MLS (Space Coast Association of REALTORS®)
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