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.
Pending
$229,900
842 Torrence Ln, Melbourne, FL 32935
3beds
1,026sqft
Duplex
Built in 1947
-- sqft lot
$-- Zestimate®
$224/sqft
$-- HOA
What's special
- 33 days |
- 133 |
- 3 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Roger L Bukowski 321-243-4952,
Sunshine Realty Brevard,
Julie Schooler 321-412-0245,
Sunshine Realty Brevard
Source: Space Coast AOR,MLS#: 1078627
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric, Other
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Tile, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,166
- Total interior livable area: 1,026 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Unassigned
Features
- Stories: 1
Lot
- Size: 4,791 Square Feet
Details
- Additional parcels included: 2725198
- Parcel number: 273721500000a.00007.00
- Zoning description: Multi Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Frame, Wood Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected
Community & HOA
Community
- Subdivision: Melbogallie Subd
HOA
- Has HOA: No
Location
- Region: Melbourne
Financial & listing details
- Price per square foot: $224/sqft
- Tax assessed value: $92,650
- Annual tax amount: $1,751
- Date on market: 5/30/2026
- Listing terms: Cash,Conventional
- Tenant pays: Cable TV, Electricity, Sewer, Telephone, Water
- Income includes: Rent Only
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Pending sale | $229,900$224/sqft |
Source: Space Coast AOR #1078627 Report a problem | ||
| 5/30/2026 | Listed for sale | $229,900$224/sqft |
Source: Space Coast AOR #1078627 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,752 +12.2% | $92,650 +10.3% |
| 2024 | $1,562 -12.9% | $84,010 -22% |
| 2023 | $1,793 +3.8% | $107,690 -12.1% |
| 2022 | $1,728 +20.1% | $122,520 +64.9% |
| 2021 | $1,439 +0.2% | $74,280 +0.8% |
| 2020 | $1,436 -6.4% | $73,680 -3.3% |
| 2019 | $1,534 | $76,170 +0.4% |
| 2018 | $1,534 +4.1% | $75,900 +14.2% |
| 2017 | $1,473 +7.7% | $66,440 +5.6% |
| 2016 | $1,367 +2.4% | $62,920 +21% |
| 2015 | $1,335 +20.2% | $52,010 +10% |
| 2014 | $1,110 | $47,290 +7.7% |
| 2013 | -- | $43,910 +3% |
| 2012 | $938 -4.6% | $42,630 -4.5% |
| 2011 | $983 -8.6% | $44,630 -17.2% |
| 2010 | $1,076 -3.1% | $53,910 -10.3% |
| 2009 | $1,111 -14.7% | $60,110 -17.1% |
| 2008 | $1,302 | $72,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32935
Nearby schools
GreatSchools rating
- 4/10Harbor City Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 7/10Herbert C. Hoover Middle SchoolGrades: 7-8Distance: 3.7 mi
- 6/10Melbourne Senior High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Harbor City
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Brevard County
- Melbourne
- 32935
- 842 Torrence Ln
Nearby cities
Nearby neighborhoods
Nearby zip codes
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