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For SaleMulti-Family
$600K
658 Young Street, Melbourne, FL 32935
Croton Road Area neighborhood
Subdivision: Snells S/D of Lot 25 Houstons Add To Eau Gallie
4
Bedrooms
4
Bathrooms
3,144
Sq Ft
1926
Year Built
$191 /sqft

About This Property

Description from listing agent

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 all 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.

Space Coast Context

🚀 Launch Viewing — Good Views

30.2 mi from SLC-40

30.2 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
Northrop0.1 mi~0 min
L3Harris2 mi~4 min
Blue Origin24.4 mi~54 min
SpaceX25.4 mi~57 min
Lockheed25.4 mi~57 min
Boeing/KSC27.1 mi~1h
KSC27.6 mi~1h 2m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 9/10/26
    Price change
    $600K -4.0%
    $191/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
1 reduction
Originally listed at $600,000 · Cut $25,000 total
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.11 acres (4,792 sqft)
Full Baths
4
Fireplaces
4
Days on Market
134
MLS Area
323 - Eau Gallie

Schools

Middle School

Johnson

Financial & Listing Details

Listed
May 2, 2026
Parcel #
27-37-21-05-00000.0-0007.00
$600K

Listing Agent (for property info)

D
Donna A Gianotti-Kelley
Space Coast Realty & Inv. LLC
321-806-6362
Call Listing Agent

Estimated Monthly Payment

$3,911/mo
Principal & interest
$3,161
Property taxes
$600
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $600K price — down payment shown: $120,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1076310

What's Nearby

restaurants
Starbucks
0.2 mi away
coffee shops
Starbucks
0.2 mi away
restaurants
Subway
0.2 mi away
restaurants
Island Root Kava Bar Egad
0.2 mi away
coffee shops
Island Root Kava Bar Egad
0.2 mi away
restaurants
Anaya Coffee
0.2 mi away
coffee shops
Anaya Coffee
0.2 mi away
home improvement
Ace Hardware
0.2 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1076310 · Listing Broker: Space Coast Realty & Inv. LLC · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.