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$569,900

  • For Sale
  • Active
  • Triplex
  • 5 Beds
  • 4 Full Baths
  • 2,118 Sq. Ft.
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NEW Roof before closing! Highly desirable triplex with long term tenants in the heart of Melbourne! This property consists of a 3 bed, 2 bath unit in the front. 1 bed, 1 bath unit in the middle, and a 1 bed, 1 bath unit in the back. Each unit has its own washer and dryer hookup. Two units have new water heaters. Turn key investment with plenty of growth available! The area is growing with already existing and new companies, business, and infrastructure. Plenty of schools, shopping, restaurant and churches in the area. Centrally located with a quick walk to Downtown Melbourne, four minutes to the river & US1, less than ten minutes to the beach, LESS than four minute to the evergrowing Melbourne International Airport & less than 15 minutes to I-95.

Full Property Details for 1620-1622 Peachtree St

General

  • Price: $569,900
  • Taxes: $3,608 (2024)
  • Status: Active
  • Type: Triplex
  • Source: BrevardCounty
  • MLS ID: 1046554
  • Updated: 7/16/2025
  • Added to Site: 244 day(s) ago

Interior

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Electric Dryer Hookup, In Unit, Washer Hookup

Parking

  • Attached garage: Yes
  • Parking Features: Attached, Shared Driveway

Location

  • Area: 330 - Melbourne - Central
  • County: Brevard
  • Subdivision: Magnolia Heights
  • Driving Directions: From US1 head west on US 192, make a right on to Babcock St, left on to Fee ave, right on to Peachtree st and the triplex is on your left.
  • Direction Faces: East

School Information

  • Elementary School: University Park
  • Middle School: Stone
  • High School: Melbourne

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric, Separate Meters, Wall/Window Unit(s)
  • Heating Type: Central, Electric, Separate Meters
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Water Meters

Structural Information

  • # Buildings: 2
  • Exterior Const.: Block, Concrete, Stucco
  • Roof: Shingle
  • Stories/Levels: 1
  • Square Feet: 2,118
  • Living Area: 2,118 Sq. Ft.
  • Current Bldg. Use: Multi-Family
  • Year Built: 1959

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Dimensions: 70 x 125
  • Frontage: City Street
  • Street/Road Desc.: Asphalt
  • Lot Features: Few Trees
  • Fencing (Description): Wood

Financial Considerations

  • Price Per Sq. Ft.: $269.07
  • Tax Amount: $3,608.31
  • Tax Year: 2024
  • Terms: Cash
  • Owner Pays: Insurance, Taxes
  • Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Sewer, Trash Collection, Water

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 28-37-04-01-0000i.0-0014.00

Listed by Blue Marlin Real Estate

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— 1620-1622 Peachtree St —

  • Blue Marlin Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 1620-1622 Peachtree St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/16/2025
Price Reduced
$569,900
-1.72%
MLS
6/27/2025
Price Reduced
$579,900
-1.7%
MLS
5/29/2025
Price Reduced
$589,900
-1.67%
MLS
5/19/2025
Listed
$599,900
52.36%
MLS
7/25/2022
Sold
$393,750
—
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 1620-1622 Peachtree St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,762
—
$212,800
-5%
2024
$3,759
12%
$223,760
20%
2023
$3,353
47%
$185,780
53%
2021
$2,285
-7%
$121,210
-16%
2022
$2,450
7%
$144,730
25%
2021
$2,285
4%
$115,530
7%
2019
$2,199
8%
$108,110
2%
2018
$2,036
9%
$105,700
18%
2017
$1,866
1%
$89,360
5%
2016
$1,844
8%
$85,130
13%
2015
$1,714
40%
$75,110
43%
2014
$1,224
4%
$52,590
6%
2013
$1,178
—
$49,770
—
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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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Blue Marlin Real Estate

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1620-1622 Peachtree Street, Melbourne, FL 32901 (MLS# 1046554) is a Triplex property with 5 bedrooms and 4 full bathrooms. 1620-1622 Peachtree Street is currently listed for $569,900 and was received on May 19, 2025. Want to learn more about 1620-1622 Peachtree Street? Do you have questions about finding other Triplex real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.

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