842 Torrence Ln Melbourne, FL 32935
Estimated payment $1,366/month
Highlights
- No HOA
- Tile Flooring
- North Facing Home
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Wood Siding
About This Home
PRIME LOCATION! Sarno & US1 Investment Opportunity 🌴Run your business and live here, or generate immediate passive income! Located in the heart of Melbourne, this flexible residential/professional property gives you endless options on a budget. Income Potential: Studio Aptartment: Market rent at $925/month and the 2-Bedroom: Currently occupied at $1400/month Total Gross: $2,325/month ($27,900/year) Endless Possibilities: Live-Work: Operate your small business in the studio and live in the 2-bedroom. Short-Term Rentals: Convert into two lucrative Airbnb/vacation suites. Full Business/Residence: Open it up for an office/real estate/cpa or a single-family home. We have the space--you have the vision. Let's make it happen! Reach out today to schedule a tour and make your dreams a reality.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,752
Year Built
- Built in 1947
Lot Details
- 4,792 Sq Ft Lot
- North Facing Home
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Wood Siding
- Asphalt
Interior Spaces
- 1,026 Sq Ft Home
- 1-Story Property
- Electric Range
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Off-Street Parking
- Unassigned Parking
Schools
- Harbor City Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 27-37-21-50-0000a.0-0007.00
Community Details
Overview
- No Home Owners Association
- 2 Units
- Melbogallie Subd Subdivision
Building Details
- Gross Income $27,900
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 06/03/2026 06/03/26 | Pending | -- | -- | -- |
| 05/30/2026 05/30/26 | For Sale | $229,900 | -- | $224 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1078627
APN: 27-37-21-50-0000A.0-0007.00
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Information is deemed reliable but not guaranteed.
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Ask me questions while you tour the home.