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$625,000
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Property Description
Outstanding investment opportunity in the Eau Gallie Arts District! This restored historic multifamily is an ideal portfolio addition for the astute buyer. All four units are 1BR/1BA with spacious living and dining areas, full kitchens, and a bonus room perfect for an office or creative space. Each unit includes two ductless wall-mounted mini-split systems, and two units feature stackable washer/dryers. Just steps from the Eau Gallie Marina and walking distance to shops, restaurants, and nightlife, with quick access to US-1 and the beach. Upgrades include new plumbing, some new electrical, tankless water heaters, impact windows in most areas, 2022 roof, and remodeled interiors that preserve historic charm. With high rental demand in this district, this turnkey property offers strong income potential and long-term appreciation.
Full Property Details
Full Property Details for 658 Young St
General
- Price: $625,000
- Taxes: $7,093 (2025)
- Status: Active
- Type: Multi-Family
- Source: BrevardCounty
- MLS ID: 1076310
- Updated: 5/18/2026
- Added to Site: 24 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 4
- Fireplace(s): Other
- Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked, Other
- Furnishings: Unfurnished
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Balcony
Parking
- Total Spaces: 8
- Parking Features: Assigned, Guest, Parking Lot, Shared Driveway, Other
Location
- Area: 323 - Eau Gallie
- County: Brevard
- Subdivision: Snells S/D of Lot 25 Houstons Add To Eau Gallie
- Driving Directions: US 1 South of Eau Gallie causeway to Young Street
- Direction Faces: South
School Information
- Middle School: Johnson
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Multi Units, Split System
- Heating Type: Varies by Unit, Individual
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Gas Meters
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Concrete, Stucco
- Roof: Shingle
- Stories/Levels: 2
- Square Feet: 3,144
- Living Area: 3,144 Sq. Ft.
- Current Bldg. Use: Investment, Multi-Family, Residential
- Year Built: 1926
Unit Information
- Units in Building: 4
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Features: Historic Area
Financial Considerations
- Price Per Sq. Ft.: $198.79
- Tax Amount: $7,093.88
- Tax Year: 2025
- Terms: Cash, Conventional, Owner May Carry
- Owner Pays: Common Area Maintenance, Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Management, Pest Control, Repairs, Roof Maintenance, Taxes, Trash Collection, Water
- Tenant Pays: Cable TV, Electricity, Gas
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 27-37-21-05-00000.0-0007.00
Listed by Space Coast Realty & Inv. LLC
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Schools
Schools serving 658 Young St
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Eau Gallie High School 1400 Commodore Boulevard, Melbourne, FL 32935 | 9-12 | 1.3 mi |
Dr. W.J. Creel Elementary School 2000 Glenwood Drive, Melbourne, FL 32935 | PK-6 | 1.4 mi |
Lyndon B. Johnson Middle School 2155 Croton Road, Melbourne, FL 32935 | 7-8 | 1.8 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 658 Young St
Date
Details
Price
Change
Source
5/01/2026
Listed
$625,000
66.67%
MLS
2/27/2019
Sold
$375,000
—
Public Record
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
Tax History for 658 Young St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,687
5%
$384,000
—
2023
$6,392
24%
$384,000
41%
2021
$5,172
-9%
$272,720
-22%
2022
$5,687
10%
$351,000
33%
2021
$5,172
51%
$264,750
111%
2019
$3,420
40%
$125,400
10%
2018
$2,450
-2%
$114,000
—
2017
$2,511
—
$114,000
6%
2016
$2,514
13%
$108,000
20%
2015
$2,224
11%
$90,200
10%
2014
$2,009
1%
$82,000
2%
2013
$1,986
—
$80,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 658 Young St
658 Young Street, Melbourne, FL 32935 (MLS# 1076310) is a Multi-Family property with 4 units containing 4 bedrooms and 4 full bathrooms. 658 Young Street is currently listed for $625,000 and was received on May 01, 2026. Want to learn more about 658 Young Street? Do you have questions about finding other Multi-Family real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.

