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$920,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 0.59 Acres
  • Updated 1 hour ago
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Located just 1.5 blocks to the ocean and 3 blocks to Ocean Avenue, this property is situated in an ideal location and boasts a .59 acre homesite. The options include maintaining it as an Income-producing property with tenants already in place--start generating returns from day one. Option two, live in one unit and rent the other (tenants are month to month). Option 3, the highest use, build a true custom home on a hard to find .59 acre lot! Currently, there is a 3-bedroom, 2-bath home offering approximately 1,552 square feet of living space and additionally a 1 bedroom cottage. The property presents strong upside potential for investors looking to enhance value over time, whether as a long-term rental or future renovation project. This home is Being sold as-is. Tenant occupied. Showings by appointment only.

Full Property Details for 702 Oak St

General

  • Price: $920,000
  • Taxes: $13,256 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: BrevardCounty
  • MLS ID: 1075526
  • Updated: 4/23/2026
  • Added to Site: 1 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator
  • Flooring: Tile, Vinyl

Additional Information

  • Shared Amenities: Beach Access

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Garage

Location

  • Area: 384-Indialantic/Melbourne Beach
  • County: Brevard
  • Subdivision: Sunset Bay Subd
  • Driving Directions: From US Highway 1. Head west on US-192/E New Haven Ave, turn left onto Oak St, and continue to 702 Oak St which will be on your right at the corner of Sunset & Oak.

School Information

  • Elementary School: Gemini
  • Middle School: Hoover
  • High School: Melbourne

Community

  • Community Features: Beach Access

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Sewer Available, Water Available

Structural Information

  • # Buildings: 2
  • Exterior Const.: Concrete, Stucco
  • Roof: Shingle
  • Square Feet: 2,212
  • Living Area: 2,212 Sq. Ft.
  • Current Bldg. Use: Investment, Multi-Family, Residential
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.59
  • Lot Size (Sq. Ft.): 25,700
  • Lot Features: Corner Lot

Financial Considerations

  • Price Per Sq. Ft.: $415.91
  • Tax Amount: $13,256.3
  • Tax Year: 2025
  • Terms: Cash, Conventional
  • Owner Pays: Grounds Care

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 28-38-06-78-00000.0-0048.00

Listed by Golden Group Realty LLC

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Listing agent

— 702 Oak St —

  • Golden Group Realty LLC

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 702 Oak St

School District:Brevard County School District
NameGradesDistance
Gemini Elementary School
2100 Oak Street, Melbourne Beach, FL 32951
K-61.2 mi
Herbert C. Hoover Middle School
2000 Hawk Haven Drive, Indialantic, FL 32903
7-82.3 mi
Melbourne Senior High School
74 Bulldog Boulevard, Melbourne, FL 32901
9-123.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 702 Oak St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/22/2026
Listed
$920,000
38.35%
MLS
1/31/2006
Sold
$665,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 702 Oak St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,039
13%
$922,390
23%
2024
$11,529
6%
$750,110
7%
2023
$10,891
8%
$701,450
17%
2021
$10,045
-6%
$597,990
-17%
2022
$10,650
6%
$716,600
20%
2021
$10,045
13%
$595,970
22%
2019
$8,878
4%
$486,760
-10%
2018
$8,497
6%
$538,410
5%
2017
$7,981
9%
$511,900
21%
2016
$7,342
6%
$423,960
28%
2015
$6,902
12%
$332,480
10%
2014
$6,184
11%
$302,260
10%
2013
$5,589
—
$274,790
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Golden Group Realty LLC

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702 Oak Street, Melbourne Beach, FL 32951 (MLS# 1075526) is a Multi-Family property with 0 units containing 0 bedrooms and 0 full bathrooms. 702 Oak Street is currently listed for $920,000 and was received on April 22, 2026. Want to learn more about 702 Oak Street? Do you have questions about finding other Multi-Family real estate for sale in Melbourne Beach? You can browse all Melbourne Beach real estate or contact a Coldwell Banker agent to request more information.

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