Pending

842 Torrence Lane

Melbourne, FL 32935
Mark as Favorite
$229,900 $969/Mo
Get Pre-Approved Check your credit
Bed 3

Bed

Bath 2

Bath

SqFt1,026

Sqft

Acres0.11

Acre(Lot)

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 real ity.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $229,900

AD Id : 79652531

MLS Id : 1078627

Beds : 3

Lot Size : 0.11 Acre

Living Area Size : 1,026

Year Built : 1947

County : Brevard

Subdivision: Melbogallie Subd

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Water/Sewer

    Sewer: Public Sewer

  • Flooring Information

    Tile, Vinyl

  • Roofing Information

    Shingle

  • Interior Features

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

  • Heating & Cooling

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

  • Building Information

    Year Built: 1947 Stories: 1 Construction Materials: Frame, Wood Siding Roof: Shingle

  • Road Types

    Asphalt
    City Street

  • Laundry Features

    In Unit

  • Lot Information

    Lot Size Area: 0.11 Acres Lot Square Feet: 4,792 Stories: 1 Main Square Feet: 1026

    Property Information

    Property Type: Residential Income Sub Type: Duplex SQ ft (Living Area): 1,026 Subdivision: Melbogallie Subd MLS Area Minor: 323 - Eau Gallie Source Neighborhood: Melbogallie Subd Construction Materials: Frame, Wood Siding Property Age: 79

  • Listing Price Information

    Listing Id: 1078627 ist Price: $229,900 List Price Tot SqFt: $224 Listing Terms Cash, Conventional

  • Listing Information

    Possession: Close Of Escrow

  • Tax Information

    Parcel Number: 27-37-21-50-0000a.0-0007.00 Annual Tax: $1,752 Tax Year: 2025 Taxes: MELBOGALLIE SUBD LOT 7 BLK A

  • School Information

    Elementary School: Harbor City
    Elementary School District:
    Junior High School: Hoover
    Senior High School: Melbourne

  • Utility Information

    Cable Available, Electricity Connected, Sewer Connected

  • Location Information

    Direction: (US1 and Sarno Rd), Heading south on US1 one block south of Sarno Rd, right on Torrence. Home will be on the right.
Sell a home like this and save $13,295 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
658 Young Street, Melbourne, FL, 32935 $625,000 4 4 3,144 3,144 SqFt
2189 Pineapple Avenue, Melbourne, FL, 32935 $2,140,000 11 7 5,630 5,630 SqFt
1778 & 1780 Stewart Place, Melbourne, FL, 32935 $475,000 6 4 2,658 2,658 SqFt

Similar Multifamily To 842 Torrence Lane

Nearby For Sale

Slider Thumb
Active
Mark as Favorite
$1,300,000
Multifamily For Sale

207-237 Hidden Woods Place,
Melbourne, FL, 32901

Bed 14

Bed

Bath 12

Bath

Acres0.10

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$1,300,000
Multifamily For Sale

208-238 Hidden Woods Place,
Melbourne, FL, 32901

Bed 14

Bed

Bath 12

Bath

Acres0.09

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$1,300,000
Multifamily For Sale

168-198 Hidden Woods Place,
Melbourne, FL, 32901

Bed 14

Bed

Bath 13

Bath

Acres0.10

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$569,900
Multifamily For Sale

1620-1622 Peachtree Street,
Melbourne, FL, 32901

Bed 5

Bed

Bath 4

Bath

SqFt2,118

Sqft

Acres0.20

Acre(Lot)
Slider Thumb
Mark as Favorite
$2,140,000
Multifamily For Sale

2189 Pineapple Avenue,
Melbourne, FL, 32935

Bed 11

Bed

Bath 7

Bath

SqFt5,630

Sqft

Acres0.47

Acre(Lot)

ByOwner last updated this listing 06/22/2026 @ 15:28

MLS: 1078627 LISTED BY: Roger Bukowski, Sunshine Realty Brevard 321-412-0245 SOURCE: Space Coast MLS (Space Coast Association of REALTORS®)

More Cities with for Sale by Owner Homes

Homes around $229,900

Slider Thumb
Active
Mark as Favorite
$215,000
Condo For Sale

2690 Revolution Street ..,
Melbourne, FL, 32935

Bed 3

Bed

Bath 3

Bath

SqFt1,580

Sqft

Acres0.06

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$219,000
Land For Sale

4018 N Highway 1,
Melbourne, FL, 32935

Acres0.33

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$220,000
Condo For Sale

3001 Sandtrap Lane #3-A,
Melbourne, FL, 32935

Bed 2

Bed

Bath 2

Bath

SqFt1,020

Sqft

Acres0.05

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$225,000
Townhouse For Sale

2545 Revolution Street ..,
Melbourne, FL, 32935

Bed 3

Bed

Bath 3

Bath

SqFt1,548

Sqft

Acres0.05

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$227,000
Townhouse For Sale

3454 Pheasant Court,
Melbourne, FL, 32935

Bed 3

Bed

Bath 3

Bath

SqFt1,945

Sqft
Slider Thumb
Active
Mark as Favorite
$229,000
Land For Sale

1435 Rose Court,
Melbourne, FL, 32935

Acres0.40

Acre(Lot)
Slider Thumb
Mark as Favorite
$229,900
Home For Sale

2056 Little John Road,
Melbourne, FL, 32935

Bed 3

Bed

Bath 1

Bath

SqFt936

Sqft

Acres0.17

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$229,999
Townhouse For Sale

1479 Beechfern Drive #P..,
Melbourne, FL, 32935

Bed 2

Bed

Bath 2

Bath

SqFt984

Sqft

Acres0.06

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$230,000
Townhouse For Sale

2680 Revolution Street ..,
Melbourne, FL, 32935

Bed 2

Bed

Bath 3

Bath

SqFt1,508

Sqft

Acres0.05

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$234,900
Townhouse For Sale

2630 Revolution Street ..,
Melbourne, FL, 32935

Bed 2

Bed

Bath 3

Bath

SqFt1,508

Sqft

Acres0.05

Acre(Lot)
Slider Thumb
Mark as Favorite
$235,000
Home For Sale

608 Mandan Avenue,
Melbourne, FL, 32935

Bed 2

Bed

Bath 1

Bath

SqFt882

Sqft

Acres0.15

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$237,000
Home For Sale

1957 Glenwood Drive,
Melbourne, FL, 32935

Bed 3

Bed

Bath 2

Bath

SqFt960

Sqft

Acres0.19

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$239,000
Home For Sale

1498 Birch Street,
Melbourne, FL, 32935

Bed 3

Bed

Bath 2

Bath

SqFt1,342

Sqft

Acres0.17

Acre(Lot)
Slider Thumb
Mark as Favorite
$240,000
Home For Sale

1357 Palmwood Drive,
Melbourne, FL, 32935

Bed 3

Bed

Bath 2

Bath

SqFt1,250

Sqft

Acres0.17

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$245,000
Townhouse For Sale

2515 Revolution Street ..,
Melbourne, FL, 32935

Bed 3

Bed

Bath 3

Bath

SqFt1,548

Sqft

Acres0.05

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$245,000
Townhouse For Sale

2545 Revolution Street ..,
Melbourne, FL, 32935

Bed 2

Bed

Bath 3

Bath

SqFt1,467

Sqft

Acres0.05

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$249,000
Land For Sale

Aurora Road,
Melbourne, FL, 32935

SqFt9,584

Sqft(Lot)
Slider Thumb
Active
Mark as Favorite
$249,000
Home For Sale

2253 Dordon Drive,
Melbourne, FL, 32935

Bed 3

Bed

Bath 1

Bath

SqFt1,006

Sqft

Selling? Save $13,295 when you sell a home like this

Tour with a ByOwner Agent