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1620-1622 Peachtree Street

Melbourne, FL 32901
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$569,900 $2,402/Mo
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Bed 5

Bed

Bath 4

Bath

SqFt2,118

Sqft

Acres0.20

Acre(Lot)

NEW Roof before closing! Highly desirable triplex with long term tenants in the heart of Melbourne! This property consists of a 3 bed, 2 bath unit in the front. 1 bed, 1 bath unit in the middle, and a 1 bed, 1 bath unit in the back. Each unit has its own washer and dryer hookup. Two units have new water heaters. Turn key investment with plenty of growth available! The area is growing with already existing and new companies, business, and infrastructure. Plenty of schools, shopping, restaurant and churches in the area. Centrally located with a quick walk to Downtown Melbourne, four minutes to the river & US1, less than ten minutes to the beach, LESS than four minute to the evergrowing Melbourne International Airport & less than 15 minutes to I-95.

Detail Ic Property Details

Property Type : Residential Income

Price : $569,900

AD Id : 64826796

MLS Id : 1046554

Beds : 5

Lot Size : 0.20 Acre

Living Area Size : 2,118

Year Built : 1959

County : Brevard

Subdivision: Magnolia Heights

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 5

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Water/Sewer

    Sewer: Public Sewer

  • Flooring Information

    Tile

  • Roofing Information

    Shingle

  • Interior Features

    Roof: Shingle Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup

  • Heating & Cooling

    Heating: Central, Electric, Separate Meters Cooling: Central Air, Electric, Separate Meters, Wall/Window Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1959 Stories: 1 Construction Materials: Block, Concrete, Stucco Roof: Shingle

  • Road Types

    Asphalt
    City Street

  • Fencing

    Wood

  • Laundry Features

    Electric Dryer Hookup, In Unit, Washer Hookup

    Fencing

    Wood

  • Lot Information

    Lot Dimensions: 70 X 125 Lot Description: Few Trees Lot Size Area: 0.2 Acres Lot Square Feet: 8,712 Stories: 1 Main Square Feet: 2118

    Property Information

    Property Type: Residential Income Sub Type: Triplex SQ ft (Living Area): 2,118 Subdivision: Magnolia Heights MLS Area Minor: 330 - Melbourne - Central Source Neighborhood: Magnolia Heights Construction Materials: Block, Concrete, Stucco Property Age: 67

  • Listing Price Information

    Listing Id: 1046554 ist Price: $569,900 Original List Price: $599,900 List Price Tot SqFt: $269 Listing Terms Cash

  • Listing Information

    Possession: Close Of Escrow

  • Tax Information

    Parcel Number: 28-37-04-01-0000i.0-0014.00 Annual Tax: $3,608 Tax Year: 2024 Taxes: MAGNOLIA HEIGHTS S 10 FT OF LOT 14 & ALL LOT 15 BLK I

  • School Information

    Elementary School: University Park
    Elementary School District:
    Junior High School: Stone
    Senior High School: Melbourne

  • Utility Information

    Cable Available, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Water Meters

  • Location Information

    Direction: From US1 head west on US 192, make a right on to Babcock St, left on to Fee ave, right on to Peachtree st and the triplex is on your left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
907 E Melbourne Avenue, Melbourne, FL, 32901 $1,595,000 -- -- 3,486 3,486 SqFt
701 E Fee Avenue #701-703, Melbourne, FL, 32901 $549,500 3 3 1,188 1,188 SqFt
168-238 Hidden Woods Pl.., Melbourne, FL, 32901 $3,895,000 29 43 --
207-237 Hidden Woods Pl.., Melbourne, FL, 32901 $1,300,000 14 12 --
208-238 Hidden Woods Pl.., Melbourne, FL, 32901 $1,300,000 14 12 --
168-198 Hidden Woods Pl.., Melbourne, FL, 32901 $1,300,000 14 13 --

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ByOwner last updated this listing 06/23/2026 @ 10:13

MLS: 1046554 LISTED BY: Justin Luke, Blue Marlin Real Estate 321-877-2902 SOURCE: Space Coast MLS (Space Coast Association of REALTORS®)

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