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$599,900

  • For Sale
  • Active
  • Duplex
  • 5 Beds
  • 4 Full Baths
  • 2,432 Sq. Ft.
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ASSUMABLE 3.75% MORTGAGE! Approx. $335K loan balance available to a qualified buyer. Skip today's rates and step into a low-rate, income-producing duplex in Melbourne. This concrete block duplex offers two well-sized units, each with its own 1-car garage. Unit one is a 3 bed, 2 bath with additional parking, and unit two is a 2 bed, 2 bath. Major updates are already done: impact-rated windows throughout, 2019 roof, a 2021 AC system on one side, and a 2016 air handler on the other. Both units are occupied by long-term tenants paying $1,700 and $1,500 per month ($38,400 per year gross), with leases ending in December. That gives you flexibility to keep the steady income, raise rents, or live in one side and rent the other. City water and sewer. Low-rate financing, solid construction, and proven rental history make this a strong fit for investors and house-hackers.

Full Property Details for 1760&1766 Mason Terrace

General

  • Price: $599,900
  • Taxes: $5,555 (2025)
  • Status: Active
  • Type: Duplex
  • Source: BrevardCounty
  • MLS ID: 1088372
  • Updated: 9/23/2026
  • Added to Site: 15 day(s) ago

Interior

  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: In Garage

Exterior

  • Exterior Features: Impact Windows

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 8
  • Parking Features: Additional Parking, Attached

Location

  • Area: 323 - Eau Gallie
  • County: Brevard
  • Subdivision: Country Club Gardens Subd
  • Driving Directions: From US-1, head west on Lake Washington Rd. Turn left onto Stewart Rd, then take the first right onto Mason Ter. The duplex is on the right.
  • Direction Faces: South

School Information

  • Elementary School: Creel
  • Middle School: Johnson
  • High School: Eau Gallie

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Sewer Connected, Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Concrete
  • Roof: Shingle
  • Stories/Levels: 1
  • Square Feet: 2,432
  • Living Area: 2,432 Sq. Ft.
  • Current Bldg. Use: Multi-Family, Residential
  • Year Built: 1985

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Size (Sq. Ft.): 11,326
  • Frontage: City Street
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Price Per Sq. Ft.: $246.67
  • Tax Amount: $5,555.98
  • Tax Year: 2025
  • Terms: Assumable, Cash, Conventional, FHA, VA Loan
  • Owner Pays: Insurance, Taxes
  • Tenant Pays: Cable TV, Electricity, Grounds Care, Hot Water, Pest Control, Sewer, Water

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 27-37-08-50-0000a.0-0015.00

Listed by Denovo Realty

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— 1760&1766 Mason Terrace —

  • Denovo Realty

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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 1760&1766 Mason Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/23/2026
Listed
$599,900
59.97%
MLS
1/03/2022
Sold
$375,000
—
Public Record
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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 1760&1766 Mason Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,556
4%
$303,600
—
2025
$5,367
-1%
$303,600
—
2024
$5,417
-1%
$303,600
—
2023
$5,476
-21%
$303,600
38%
2021
$6,940
52%
$219,860
-25%
2022
$4,579
-34%
$291,600
46%
2021
$6,940
95%
$199,870
13%
2018
$3,559
-2%
$177,000
-4%
2019
$3,641
7%
$185,070
9%
2017
$3,399
4%
$170,000
10%
2016
$3,275
8%
$155,000
16%
2015
$3,030
11%
$133,100
10%
2014
$2,741
3%
$121,000
5%
2013
$2,656
—
$115,000
—
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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1760&1766 Mason Terrace, Melbourne, FL 32935 (MLS# 1088372) is a Duplex property with 5 bedrooms and 4 full bathrooms. 1760&1766 Mason Terrace is currently listed for $599,900 and was received on September 23, 2026. Want to learn more about 1760&1766 Mason Terrace? Do you have questions about finding other Duplex 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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