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!
Sold for $350,000
$350,000
1778 Guava Ave, Melbourne, FL 32935
5beds
1,846sqft
Triplex
Built in 1956
-- sqft lot
$338,700 Zestimate®
$190/sqft
$1,935 Estimated rent
Home value
$338,700
$308,000 - $373,000
$1,935/mo
Zestimate® history
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$1,935/mo
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$1,935/mo
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$2,341/mo
Est. payment
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$2,341/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Lauren VanWie 321-213-8866,
RE/MAX Aerospace Realty
Bought with:
Vickie Dittman, 677187
ITG Realty
Source: Space Coast AOR,MLS#: 1037336
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- None
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Range, Refrigerator
- Laundry: Multiple Locations, Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Terrazzo, Tile, Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 1,846 sqft
Property
Parking
- Parking features: Other
Features
- Levels: One
- Fencing: Wood
Lot
- Size: 8,712 Square Feet
- Features: Corner Lot
Details
- Additional parcels included: 2717310
- Parcel number: 2737162500029.00015.00
- Zoning description: Multi Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Block, Concrete, Stucco
- Roof: Shingle
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available, Separate Electric Meters, Separate Water Meters
Community & HOA
Community
- Subdivision: Eau Gallie Village Plat of
HOA
- Has HOA: No
Location
- Region: Melbourne
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $345,600
- Annual tax amount: $4,263
- Date on market: 2/14/2025
- Listing terms: Cash,Conventional,Private Financing Available
- Tenant pays: Cable TV, Electricity, Sewer, Water
- Income includes: Rent Only
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2025 | Sold | $350,000-10.3%$190/sqft |
Source: Space Coast AOR #1037336 Report a problem | ||
| 3/15/2025 | Pending sale | $390,000$211/sqft |
Source: Space Coast AOR #1037336 Report a problem | ||
| 2/21/2025 | Contingent | $390,000$211/sqft |
Source: Space Coast AOR #1037336 Report a problem | ||
| 2/14/2025 | Listed for sale | $390,000+500%$211/sqft |
Source: Space Coast AOR #1037336 Report a problem | ||
| 9/4/1997 | Sold | $65,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,767 +11.8% | $345,600 +10.3% |
| 2024 | $4,264 +6.4% | $313,200 +5.9% |
| 2023 | $4,007 +32.6% | $295,800 +62.1% |
| 2022 | $3,022 +10.4% | $182,520 +30.5% |
| 2021 | $2,738 +6.9% | $139,870 +5% |
| 2020 | $2,560 +6.8% | $133,270 +15% |
| 2019 | $2,398 | $115,880 +5.3% |
| 2018 | $2,398 +13.4% | $110,000 +40.8% |
| 2015 | $2,114 +20.7% | $78,100 +10% |
| 2014 | $1,753 | $71,000 +6% |
| 2013 | -- | $67,000 +51.9% |
| 2012 | $1,408 -6% | $44,100 -18.3% |
| 2011 | $1,498 -12.7% | $54,010 -27.3% |
| 2010 | $1,717 -3.3% | $74,280 -17.2% |
| 2009 | $1,775 -21% | $89,660 -20.2% |
| 2008 | $2,245 | $112,400 |
Find assessor info on the county website
Neighborhood: 32935
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Nearby schools
GreatSchools rating
- 3/10Dr. W.J. Creel Elementary SchoolGrades: PK-7Distance: 0.9 mi
- 4/10Eau Gallie High SchoolGrades: PK,9-12Distance: 1.1 mi
- 4/10Lyndon B. Johnson Middle SchoolGrades: 7-8Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Creel
- Middle: Johnson
- High: Eau Gallie
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$338,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$338,700
- Florida
- Brevard County
- Melbourne
- 32935
- 1778 Guava Ave
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