1806&1808 Pine Street, Melbourne, FL 32901 - Photo 1

1/1

$275,000

Sold
Closed
Single Family
5 Beds
3 Full Baths
2,394 Sq. Ft.

1/1

Property Description

INVESTOR SPECIAL!!! 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 .84-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 further expand by adding a third property available for purchase 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.

Full Property Details

Full Property Details for 1806&1808 Pine St

General

Sold For: $275,000
Taxes: $7,969 (2025)
Status: Closed
Type: Single Family
Source: BrevardCounty
MLS ID: 1066680
Added to Site: 76 day(s) ago

Interior

Furnishings: Unfurnished

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 5

Parking

Garage: Yes
Garage Spaces: 1
Parking Features: Other

Location

Area: 330 - Melbourne - Central
County: Brevard
Subdivision: Wells Map No 3
Driving Directions: off of 192
Direction Faces: East

School Information

Elementary School: Harbor City
Middle School: Hoover
High School: Melbourne

Community

Pets Allowed: Yes
Pet Restrictions: Yes

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Other
Heating Type: Other

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable Connected, Electricity Connected

Structural Information

Exterior Const.: Frame
Stories/Levels: 1
Square Feet: 2,394
Living Area: 2,394 Sq. Ft.
Current Bldg. Use: Residential
Year Built: 1969

Lot Features

Lot Size (Acres): 0.84
Lot Size (Sq. Ft.): 36,590.4
Street/Road Desc.: Asphalt
Lot Features: Other

Financial Considerations

Price Per Sq. Ft.: $146.16
Tax Amount: $7,969.98
Tax Year: 2025
Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

Special Conditions: Standard
Property ID: 28-38-07-50-00000.0-0010.00

Listed and Sold by Endless Summer Real Estate

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Price & Sales History for 1806&1808 Pine St

Date

Details

Price

Change

Source

3/10/2026

Sold

$275,000

-21.41%

MLS

1/16/2026

Listed

$349,900

—

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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1806&1808 Pine Street, Melbourne, FL 32901 (MLS# 1066680) is a Single Family property that was sold at $275,000 on March 10, 2026. Want to learn more about 1806&1808 Pine Street? Do you have questions about finding other Single Family real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.

1806&1808 Pine St Melbourne, FL 32901