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$229,900 Just Listed
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Property Description
PRIME LOCATION! Sarno & US1 Investment Opportunity 🌴Run your business and live here, or generate immediate passive income! Located in the heart of Melbourne, this flexible residential/professional property gives you endless options on a budget. Income Potential: Studio Aptartment: Market rent at $925/month and the 2-Bedroom: Currently occupied at $1400/month Total Gross: $2,325/month ($27,900/year) Endless Possibilities: Live-Work: Operate your small business in the studio and live in the 2-bedroom. Short-Term Rentals: Convert into two lucrative Airbnb/vacation suites. Full Business/Residence: Open it up for an office/real estate/cpa or a single-family home. We have the space--you have the vision. Let's make it happen! Reach out today to schedule a tour and make your dreams a reality.
Full Property Details
Full Property Details for 842 Torrence Ln
General
- Price: $229,900
- Taxes: $1,751 (2025)
- Status: Active
- Type: Duplex
- Source: BrevardCounty
- MLS ID: 1078627
- Updated: 5/31/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Unit
Parking
- Total Spaces: 4
- Parking Features: Off Street, Unassigned
Location
- Area: 323 - Eau Gallie
- County: Brevard
- Subdivision: Melbogallie Subd
- Driving Directions: (US1 and Sarno Rd), Heading south on US1 one block south of Sarno Rd, right on Torrence. Home will be on the right.
- Direction Faces: North
School Information
- Elementary School: Harbor City
- Middle School: Hoover
- High School: Melbourne
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central, Electric, Other
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Frame, Wood Siding
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,026
- Living Area: 1,026 Sq. Ft.
- Current Bldg. Use: Multi-Family, Residential
- Year Built: 1947
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Frontage: City Street
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Sq. Ft.: $224.07
- Tax Amount: $1,751.69
- Tax Year: 2025
- Terms: Cash, Conventional
- Tenant Pays: Cable TV, Electricity, Sewer, Telephone, Water
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 27-37-21-50-0000a.0-0007.00
Listed by Sunshine Realty Brevard
Get Pre-Approved Today
Schools
Schools serving 842 Torrence Ln
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Harbor City Elementary School 1377 Sarno Road, Melbourne, FL 32935 | PK-6 | 0.6 mi |
Herbert C. Hoover Middle School 2000 Hawk Haven Drive, Indialantic, FL 32903 | 7-8 | 3.7 mi |
Melbourne Senior High School 74 Bulldog Boulevard, Melbourne, FL 32901 | 9-12 | 2.2 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 842 Torrence Ln
Date
Details
Price
Change
Source
5/30/2026
Listed
$229,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 842 Torrence Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,635
5%
$92,650
10%
2024
$1,562
-13%
$84,010
-22%
2023
$1,793
25%
$107,690
45%
2021
$1,439
-17%
$74,280
-39%
2022
$1,728
20%
$122,520
66%
2021
$1,439
-6%
$73,680
-3%
2019
$1,534
4%
$76,140
—
2018
$1,473
8%
$75,900
14%
2017
$1,367
2%
$66,440
6%
2016
$1,335
8%
$62,920
21%
2015
$1,239
12%
$52,010
10%
2014
$1,110
6%
$47,290
8%
2013
$1,050
—
$43,910
—
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 842 Torrence Ln
842 Torrence Lane, Melbourne, FL 32935 (MLS# 1078627) is a Duplex property with 3 bedrooms and 2 full bathrooms. 842 Torrence Lane is currently listed for $229,900 and was received on May 30, 2026. Want to learn more about 842 Torrence Lane? 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.

