Melbourne, FL 32901,1808 Pine ST
Melbourne, FL 32901,1808 Pine ST
Melbourne, FL 32901,1808 Pine ST
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Zachary Coletti

Zachary Coletti

+1(772) 418-0777
$189,900
Est. payment /mo
3 Beds
2 Baths
936 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 936 sqft

Price per Sqft $202

Subdivision Wells Map No 3

MLS Listing ID 1066679

Bedrooms 3

Full Baths 2

HOA Y/N No

Total Fin. Sqft 936

Year Built 1935

Annual Tax Amount $1,777

Tax Year 2024

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Single Family Residence

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

Nestled in the heart of central Melbourne and directly across from a lush local golf course, this historic home presents a rare, high-upside opportunity for investors and developers alike. Set on a generous .42-acre parcel with city water and sewer in place, the property offers flexibility to rehabilitate the existing residence or start fresh with new construction. The value multiplies with the option to combine the adjacent parcel for a total of .84 acres, or further expand by adding a third property to reach an impressive 1.26 acres—unlocking the ability to pursue R2 rezoning with a density allowance of up to six units per acre. Currently, zoning allows for an accessory dwelling unit of up to 600 square feet, attached or detached, and permits short-term rentals, creating immediate income potential. Located within a Qualified Opportunity Zone, this assemblage delivers substantial tax advantages, making it an exceptional canvas for redevelopment, income production, or long-term portfolio growth in one of Melbourne's most desirable corridors.

Location

State FL

County Brevard

Area 330 - Melbourne - Central

Direction off of 192

Interior

Heating Other

Cooling Other

Furnishings Unfurnished

Exterior

Exterior Feature ExteriorFeatures

Parking Features Other

Garage Spaces 1.0

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Present Use Residential

Garage Yes

Private Pool No

Building

Lot Description Other

Faces East

Story 1

Sewer Private Sewer

Water Public

Level or Stories One

New Construction No

Schools

Elementary Schools Harbor City

High Schools Melbourne

Others

Senior Community No

Tax ID 28-37-03-33-00011.0-0013.00

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

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Space Coast Association of Realtors (Brevard MLS)
Listed by Endless Summer Real Estate

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Zachary Coletti

Zachary Coletti

+1(772) 418-0777

Team Leader | License ID: 3336515

Team Leader License ID: 3336515

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