1042 Mollie Lane #81042, Melbourne, FL 32935 - Photo 1

1/1

$115,000

Sold
Closed
Condo
1 Bed
1 Full Bath
733 Sq. Ft.

1/1

Property Description

Turnkey 1-Bed/1-Bath Condo - Reliable Long-Term Tenants in Place Great opportunity to own a well-maintained 1-bedroom, 1-bathroom condo in the desirable Coral Gardens community. The current tenants - a responsible couple - have lived here for over 10 years, always paying on time and taking excellent care of the property. The central heating system was replaced in 2024, and the home is in great condition. Photos were taken on May 25, 2025, and reflect the current state of the unit. This is a fantastic investment with stable rental income from day one. Whether you're looking to add to your portfolio or purchase your first rental, this unit is ready to go!

Full Property Details

Full Property Details for 1042 Mollie Ln #81042

General

Sold For: $115,000
HOA FEE: $224/month
Taxes: $1,649 (2024)
Status: Closed
Type: Condo
Source: MidFloridaRegionalMLS
MLS ID: O6322130
Added to Site: 205 day(s) ago

Rental Information

Min. Lease: 7 Months

Interior

Number of Rooms: 5
Interior Features: Other
Appliances: Disposal, Microwave, Range, Refrigerator
Flooring: Vinyl

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 1

Other Rooms

Laundry: Other

Exterior

Exterior Features: Balcony, Other

Location

Area: 32935 - Melbourne
County: Brevard
Development Name: 32935 - Melbourne
Subdivision: CORAL GARDENS BLDG 8
Driving Directions: From I-95, exit Eau Gallie, head east to Wickham Rd. Turn Right and Coral Gardens.
Direction Faces: East

Community

Community Name: 32935 - Melbourne
Community Features: Fitness Center, Playground, Pool
Association: Yes
Assoc. Name: Becca Mengel
Assoc. Fees Include: Maintenance Structure, Maintenance Grounds, Pool Maintenance, Water
Number of Pets: 2
Pet Restrictions: PLEASE VERIFY WITH ASSOCIATION, / 35lbs.

Heating & Cooling

Cooling Type: Central Air
Heating Type: Central

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable TV Available, Other

Structural Information

Exterior Const.: Stucco
Roof: Shingle
Stories/Levels: One
Square Feet: 733
Sq. Ft. Source: Public Records
Living Area: 733 Sq. Ft.
Year Built: 1984

Lot Features

Lot Size (Acres): 14.77
Lot Size (Sq. Ft.): 643,482
Lot Size: 14.7723
Street/Road Desc.: Asphalt

Financial Considerations

Association Fee: $224
Assoc Fee Freq.: Monthly
Assoc Fee Desc.: Required
Tax Amount: $1,649.09
Tax Year: 2024

Disclosures and Reports

Ownership: Condominium
Special Conditions: None
Legal Description: UNIT 81042 CORAL GARDENS CONDO AS DESC IN ORB 5629 PG 6647 AND ALL AMENDMENTS THERETO
Flood Zone Info: x
APN: 27 371900268.D
Property ID: 27 371900268.D
Block/Lot/Section: 268

Listed by Miami Tango Investments Realty
Sold by Denovo Realty

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Schools

Schools serving 1042 Mollie Ln #81042

School District:Brevard County School District

Name	Grades	Distance
Sabal Elementary School 1401 North Wickham Road, Melbourne, FL 32935	PK-6	0.5 mi
Eau Gallie High School 1400 Commodore Boulevard, Melbourne, FL 32935	9-12	1.4 mi
Lyndon B. Johnson Middle School 2155 Croton Road, Melbourne, FL 32935	7-8	1.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1042 Mollie Ln #81042

Date

Details

Price

Change

Source

8/22/2025

Sold

$115,000

-8%

MLS

6/27/2025

Listed

$125,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1042 Mollie Lane #81042, Melbourne, FL 32935 (MLS# O6322130) is a Condo property that was sold at $115,000 on August 22, 2025. Want to learn more about 1042 Mollie Lane #81042? Do you have questions about finding other Condo real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.

1042 Mollie Ln #81042 Melbourne, FL 32935