Located just 1.5 blocks from the ocean and only 3 blocks from Ocean Avenue, this rare .59-acre property offers exceptional flexibility and investment potential. Keep it as a proven income-producing property, live in the main home while renting the cottage, or build your dream custom estate on one of the area's hard-to-find oversized lots. The property features a 3-bedroom, 2-bath main home (approx. 1,552 SF) plus a separate 1-bedroom cottage. Major updates to the Main Home include a 2019 roof with peel-and-stick underlayment and Owens Corning Duration shingles, 2024 A/C and ductwork, partial impact windows, 2022 exterior sewer line replacement, remodeled guest bath (2021), and primary bath (2008). The Cottage features updated sewer and water lines (2023), 2008 cabinets, appliances, and ceramic flooring, making this an outstanding opportunity for homeowners and investors alike.
This home is Being sold as-is. Vacant and easy to show.
For sale
Price cut: $25K (7/8)
$895,000
702 Oak St, Melbourne Beach, FL 32951
4beds
2,212sqft
Single Family Residence
Built in 1950
0.59 Acres Lot
$841,400 Zestimate®
$405/sqft
$-- HOA
What's special
Partial impact windows
- 130 days
- 883
- 45
Zillow last checked:
Listing updated:
Listed by:
Crystal Canina 321-345-7578,
Golden Group Realty LLC
Source: Space Coast AOR,MLS#: 1075621
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator
Features
- Flooring: Tile, Vinyl
- Number of fireplaces: 1
Interior area
- Total interior livable area: 2,212 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.59 Acres
- Features: Corner Lot
Details
- Additional parcels included: 2847250
- Parcel number: 2838067800000.00048.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete, Stucco
- Roof: Shingle
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Sunset Bay Subd
HOA
- Has HOA: No
Location
- Region: Melbourne Beach
Financial & listing details
- Price per square foot: $405/sqft
- Tax assessed value: $922,390
- Annual tax amount: $13,256
- Date on market: 4/24/2026
- Listing terms: Cash,Conventional
Estimated market value
$841,400
$799,000 - $883,000
$4,242/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Price change | $895,000-2.7%$405/sqft |
Source: Space Coast AOR #1075621 Report a problem | ||
| 4/23/2026 | Listed for sale | $920,000+38.3%$416/sqft |
Source: Space Coast AOR #1075526 Report a problem | ||
| 10/1/2024 | Listing removed | $3,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/5/2024 | Price change | $3,800-2.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/29/2024 | Listed for rent | $3,900$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/6/2006 | Sold | $665,000+54.7%$301/sqft |
Source: Public Record Report a problem | ||
| 12/22/2004 | Sold | $430,000+168.8%$194/sqft |
Source: Public Record Report a problem | ||
| 7/16/1996 | Sold | $160,000+471.4%$72/sqft |
Source: Public Record Report a problem | ||
| 9/1/1995 | Sold | $28,000$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,256 +15% | $922,390 +23% |
| 2024 | $11,529 +5.9% | $750,110 +6.9% |
| 2023 | $10,891 +2.3% | $701,450 -2.1% |
| 2022 | $10,650 +6% | $716,600 +19.8% |
| 2021 | $10,045 +5.5% | $597,990 +0.3% |
| 2020 | $9,522 +7.3% | $595,970 +10% |
| 2019 | $8,878 | $542,020 +0.7% |
| 2018 | $8,878 +4.5% | $538,410 +5.2% |
| 2017 | $8,497 +6.5% | $511,900 +20.7% |
| 2016 | $7,981 +8.7% | $423,960 +27.5% |
| 2015 | $7,342 +18.7% | $332,480 +10% |
| 2014 | $6,184 | $302,260 +10% |
| 2013 | -- | $274,790 +9.8% |
| 2012 | $5,136 +0.2% | $250,170 -1.1% |
| 2011 | $5,125 -8.9% | $253,080 -16.6% |
| 2010 | $5,624 -4.1% | $303,330 -10.3% |
| 2009 | $5,866 -13.8% | $338,050 -18.3% |
| 2008 | $6,806 -13.4% | $414,000 -15.2% |
| 2007 | $7,860 +19% | $488,000 +26.3% |
| 2005 | $6,608 +181.1% | $386,300 +32.7% |
| 2004 | $2,351 -3.8% | $291,080 +32.1% |
| 2003 | $2,445 +2.8% | $220,360 +11.3% |
| 2002 | $2,379 +2% | $197,920 +7.6% |
| 2001 | $2,332 +4.2% | $183,980 +22.7% |
| 2000 | $2,238 | $149,930 |
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: 32951
Nearby schools
Schools provided by the listing agent
- Elementary: Gemini
- Middle: Hoover
- High: Melbourne
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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