About This Home

This 4-bedroom, 4-bathroom multi-family at 658 Young Street in Melbourne, FL is listed for $600,000 ($191 per sqft). Built in 1926, the home offers 3,144 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1926
  • 0.11 acre lot
  • 2 stories
  • 8 parking spaces
  • Fireplace

Property Details

2 stories
4 full
8 spaces
1926

Amenities

FireplaceA/C
Listing Description

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.

Monthly Cost Estimate

$3,209/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

658 Young Street

Melbourne, FL 32935

Snells S/D of Lot 25 Houstons Add To Eau Gallie

Features & Amenities

Exterior Features

Balcony

Property Details

Flooring

Laminate

Construction

Frame Stucco

Parking

GuestParking LotAssignedDriveway

Heating

Varies by Unit (Heating)

Cooling

Multi Units

Appliances

Gas OvenGas RangeGas Water HeaterMicrowaveRefrigeratorTankless Water HeaterWasher/Dryer Stacked

Questions & Answers

This 4-bedroom, 4-bathroom multi-family at 658 Young Street is listed at $600,000 ($191/sqft). The estimated monthly payment is $3,209 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1926, 0.11 acre lot, 2 stories, 8 parking spaces, Fireplace. Exterior Features: Balcony.

This property is listed by Donna A Gianotti-Kelley.

DG

Donna A Gianotti-Kelley

Agent at Showcase Property Management LLC

Listed by Showcase Property Management LLC · Broker phone: (321) 783-5000 · View on Broker Site · Broker website

MLS# 1076310· Source: Space Coast Association of Realtors· 181 days on PropertySimple

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

658 Young Street, Melbourne, FL 32935

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