702 Oak Street, Melbourne Beach, FL 32951

• 4 beds |
• 2 baths |
• 2,212 sqft

Property Description

Located just 1.5 blocks from the ocean and only 3 blocks from Ocean Avenue, this rare .59-acre property offers exceptional flexibility and investment potential. Keep it as a proven income-producing property, live in the main home while renting the cottage, or build your dream custom estate on one of the area's hard-to-find oversized lots. The property features a 3-bedroom, 2-bath main home (approx. 1,552 SF) plus a separate 1-bedroom cottage. Major updates to the Main Home include a 2019 roof with peel-and-stick underlayment and Owens Corning Duration shingles, 2024 A/C and ductwork, partial impact windows, 2022 exterior sewer line replacement, remodeled guest bath (2021), and primary bath (2008). The Cottage features updated sewer and water lines (2023), 2008 cabinets, appliances, and ceramic flooring, making this an outstanding opportunity for homeowners and investors alike. This home is Being sold as-is. Vacant and easy to show.

Listing Status:

Active

Date Added:

April 24, 2026

Data Last Updated:

August 6, 2026 at 6:36AM

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®)