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.
Sold for $226,000
$226,000
842 Torrence Ln, Melbourne, FL 32935
3beds
1,026sqft
Duplex
Built in 1947
-- sqft lot
$225,400 Zestimate®
$220/sqft
$1,902 Estimated rent
Home value
$225,400
$207,000 - $243,000
$1,902/mo
Zestimate® history
Owner options
List your home for rent
$1,902/mo
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$1,902/mo
Rent Zestimate®
Refinance and save
$1,574/mo
Est. payment
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$1,574/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Roger L Bukowski 321-243-4952,
Sunshine Realty Brevard,
Julie Schooler 321-412-0245,
Sunshine Realty Brevard
Bought with:
Julie Schooler, 3105427
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
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: $220/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
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Sold | $226,000-1.7%$220/sqft |
Source: Space Coast AOR #1078627 Report a problem | ||
| 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
Neighborhood: 32935
Nearby homes
- $112,3002 bd1 ba1k sqft833 Sarno Rd, Melbourne, FL 32935Off Market
- $195,9002 bd1 ba875 sqft846 Sarno Rd, Melbourne, FL 32935Off Market
- $178,7002 bd1 ba1k sqft817 Torrence Ln, Melbourne, FL 32935Off Market
- $211,9002 bd1 ba1.3k sqft856 Sarno Rd, Melbourne, FL 32935Off Market
- $179,9002 bd1 ba870 sqft872 Torrence Ln, Melbourne, FL 32935Off Market
- $160,0002 bd1 ba840 sqft866 Sarno Rd, Melbourne, FL 32935Sold
- $--2 bd1 ba600 sqft840 Adger Smith Ln #B, Melbourne, FL 32935Off Market
- $534,900-- bd-- ba2.6k sqft840 Adger Smith Ln, Melbourne, FL 32935Off Market
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.
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Estimated market value
$225,400
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
$225,400
- Florida
- Brevard County
- Melbourne
- 32935
- 842 Torrence Ln
