Sold for $115,000

$115,000

1042 MOLLIE LANE #81042, MELBOURNE, FL 32935

1beds

733sqft

Condominium

Built in 1984

-- sqft lot

$112,700 Zestimate^®

$157/sqft

$1,265 Estimated rent

Home value

$112,700

$103,000 - $124,000

$1,265/mo

Zestimate^® history

Owner options

List your home for rent

$1,265/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,265/mo

Rent Zestimate^®

Refinance and save

$851/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$851/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Great condition

Turnkey 1-Bed/1-Bath Condo – Reliable Long-Term Tenants in Place Great opportunity to own a well-maintained 1-bedroom, 1-bathroom condo in the desirable Coral Gardens community. The current tenants — a responsible couple — have lived here for over 10 years, always paying on time and taking excellent care of the property. The central heating system was replaced in 2024, and the home is in great condition. Photos were taken on May 25, 2025, and reflect the current state of the unit. This is a fantastic investment with stable rental income from day one. Whether you're looking to add to your portfolio or purchase your first rental, this unit is ready to go!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: Built-in Closet
Level: First

Primary bathroom

Level: First

Balcony porch lanai

Level: First

Great room

Level: First

Kitchen

Level: First

Heating

Central

Cooling

Central Air

Appliances

Included: Disposal, Microwave, Range, Refrigerator
Laundry: Other

Features

Other
Flooring: Vinyl
Has fireplace: No

Interior area

Total structure area: 733
Total interior livable area: 733 sqft

Property

Features

Levels: One
Stories: 1
Exterior features: Balcony, Other

Lot

Size: 14.77 Acres

Details

Parcel number: 27 371900268.D
Zoning: XX
Special conditions: None

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Stucco
Foundation: Block, Other
Roof: Shingle

Condition

New construction: No
Year built: 1984

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Other

Community & HOA

Community

Features: Fitness Center, Playground, Pool
Pet fee: $0 monthly
Subdivision: CORAL GARDENS BLDG 8

HOA

Has HOA: Yes
Services included: Maintenance Structure, Maintenance Grounds, Pool Maintenance, Water
HOA fee: $224 monthly
HOA name: Becca Mengel

Location

Region: Melbourne

Financial & listing details

Price per square foot: $157/sqft
Annual tax amount: $1,649
Date on market: 6/27/2025
Cumulative days on market: 12 days
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Condominium
Total actual rent: 13200
Road surface type: Asphalt

Price history

Date	Event	Price
8/22/2025	Sold	$115,000-8%$157/sqft
Source: Stellar MLS #O6322130 Report a problem
7/11/2025	Pending sale	$125,000$171/sqft
Source: Stellar MLS #O6322130 Report a problem
6/27/2025	Listed for sale	$125,000$171/sqft
Source: Stellar MLS #O6322130 Report a problem