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.

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Melbourne Beach is located in Florida. Melbourne Beach, Florida has a population of 3,219. Melbourne Beach is more family-centric than the surrounding county with 30.01% of the households containing married families with children. The county average for households married with children is 24.34%.
The median household income in Melbourne Beach, Florida is $69,896. The median household income for the surrounding county is $63,632 compared to the national median of $69,021. The median age of people living in Melbourne Beach is 53.4 years.
The average high temperature in July is 90.1 degrees, with an average low temperature in January of 50.5 degrees. The average rainfall is approximately 53.4 inches per year, with 0 inches of snow per year.