702 Oak Street, Melbourne Beach, FL 32951

• 4 beds |
• 2 baths |
• 2,212 sqft

Property Description

Located just 1.5 blocks to the ocean and 3 blocks to Ocean Avenue, this property is situated in an ideal location and boasts a .59 acre homesite. The options include maintaining it as an Income-producing property with tenants already in place--start generating returns from day one. Option two, live in one unit and rent the other (tenants are month to month). Option 3, the highest use, build a true custom home on a hard to find .59 acre lot! Currently, there is a 3-bedroom, 2-bath home offering approximately 1,552 square feet of living space and additionally a 1 bedroom cottage. The property presents strong upside potential for investors looking to enhance value over time, whether as a long-term rental or future renovation project. This home is Being sold as-is. Tenant occupied. Showings by appointment only.

Listing Status:

Active

Date Added:

April 24, 2026

Data Last Updated:

April 28, 2026 at 7:38AM

Listing Office:

Golden Group Realty LLC : 407-990-5905

Listing Agent:

Crystal Canina : 321-345-7578

MLS ID:

1075621

Interior

• Appliances: DishwasherElectric CooktopElectric OvenRefrigerator
• Flooring: TileVinyl
• A/C: Central Air
• Heating: Electric
• Fireplace: FireplaceFireplaces: 1

Exterior

• Parking: Garage

Construction

• Roofing: Shingle
• General: ConcreteStucco1

Location

• Originating MLS: Space Coast MLS (Space Coast Association of REALTORS®)
• County: Brevard

Lot

• Zoning: SUNSET BAY SUBD LOTS 48495028-38-06-78-00000.0-0048.00
• Current Use: InvestmentMulti-FamilyResidential

Utilities

• Utilities: Electricity AvailableSewer AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Space Coast MLS (Space Coast Association of REALTORS®)