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.
For sale
Price cut: $25K (9/9)
$600,000
658 Young St, Melbourne, FL 32935
4beds
3,144sqft
Quadruplex
Built in 1926
-- sqft lot
$578,200 Zestimate®
$191/sqft
$-- HOA
What's special
Full kitchens
- 158 days
- 1,219
- 119
Zillow last checked:
Listing updated:
Listed by:
Donna A Gianotti-Kelley 321-783-5000,
Space Coast Realty & Inv. LLC
Source: Space Coast AOR,MLS#: 1076310
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Varies by Unit, Individual
Cooling
- Multi Units, Split System
Appliances
- Included: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked, Other
Features
- Flooring: Laminate
- Number of fireplaces: 4
- Fireplace features: Other
Interior area
- Total interior livable area: 3,144 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Guest, Parking Lot, Shared Driveway, Other
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
Lot
- Size: 4,791 Square Feet
- Features: Historic Area
Details
- Additional structures: Shed(s)
- Additional parcels included: 2724766
- Parcel number: 2737210500000.00007.00
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame, Stucco
- Roof: Shingle
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Gas Meters
Community & HOA
Community
- Subdivision: Snells S/D of Lot 25 Houstons Add To Eau Gallie
HOA
- Has HOA: No
Location
- Region: Melbourne
Financial & listing details
- Price per square foot: $191/sqft
- Tax assessed value: $384,000
- Annual tax amount: $7,093
- Date on market: 10/6/2026
- Listing terms: Cash,Conventional,Owner May Carry
- Tenant pays: Cable TV, Electricity, Gas
- Income includes: Rent Only
Estimated market value
$578,200
$549,000 - $607,000
$3,301/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Price change | $600,000-4%$191/sqft |
Source: Space Coast AOR #1076310 Report a problem | ||
| 5/2/2026 | Listed for sale | $625,000+66.7%$199/sqft |
Source: Space Coast AOR #1076310 Report a problem | ||
| 2/27/2019 | Sold | $375,000-5.3%$119/sqft |
Source: Space Coast AOR #832656 Report a problem | ||
| 1/27/2019 | Pending sale | $395,900$126/sqft |
Source: Atlas Realty Florida #832656 Report a problem | ||
| 12/27/2018 | Listed for sale | $395,900+21.8%$126/sqft |
Source: Atlas Realty Florida #832656 Report a problem | ||
| 6/1/2018 | Listed for sale | $325,000+185.3%$103/sqft |
Source: RE/MAX Alternative Realty #815301 Report a problem | ||
| 3/21/2001 | Sold | $113,900$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,094 +6.1% | $384,000 |
| 2024 | $6,687 +4.6% | $384,000 |
| 2023 | $6,392 +12.4% | $384,000 +9.4% |
| 2022 | $5,687 +9.9% | $351,000 +28.7% |
| 2021 | $5,172 +2.3% | $272,720 +3% |
| 2020 | $5,056 +47.8% | $264,750 +3% |
| 2019 | $3,420 | $257,040 +125.5% |
| 2018 | $3,420 +39.6% | $114,000 |
| 2017 | $2,450 -2.4% | $114,000 +5.6% |
| 2016 | $2,511 -0.1% | $108,000 +19.7% |
| 2015 | $2,514 +25.1% | $90,200 +10% |
| 2014 | $2,009 | $82,000 +2.5% |
| 2013 | -- | $80,000 +19.3% |
| 2012 | $1,716 -3.9% | $67,040 -4.2% |
| 2011 | $1,784 -3.9% | $69,950 -16.9% |
| 2010 | $1,857 +0.4% | $84,210 -10% |
| 2009 | $1,849 -14.2% | $93,560 -14.3% |
| 2008 | $2,155 -2.3% | $109,200 -11.3% |
| 2007 | $2,206 +11.7% | $123,100 +3.6% |
| 2005 | $1,974 +60.8% | $118,850 +36.4% |
| 2004 | $1,228 +33.2% | $87,110 +22.2% |
| 2003 | $921 +6.1% | $71,270 +8.2% |
| 2002 | $869 +0.8% | $65,840 +5% |
| 2001 | $862 +2.3% | $62,730 +39.3% |
| 2000 | $843 | $45,040 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32935
Nearby schools
Schools provided by the listing agent
- Middle: Johnson
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $650,0004 bd2 ba1.6k sqft640 Old Oak St, Melbourne, FL 32935For Sale
MLS ID #1084961, Margret Cornell. Space Coast AOR - $700,0005 bd3 ba3k sqft750 Whitmire Dr, Melbourne, FL 32935For Sale
MLS ID #1081000, Jennifer Peters. Space Coast AOR - $349,9005 bd2 ba2.6k sqft2419 Lakeview Dr, Melbourne, FL 32935For Sale
MLS ID #1089169, Amy Yunker Gray. Space Coast AOR - $474,9004 bd2 ba2.1k sqft1638 Rustic Way, Melbourne, FL 32935For Sale
MLS ID #1086218, Stacey Buchanan. Space Coast AOR - $324,9003 bd3 ba1.7k sqft1380 Isabella Dr Unit 105, Melbourne, FL 32935For Sale
MLS ID #1228752, Kevin McCulty, Mark Spain Real Estate. DBAMLS
