1806&1808 Pine Street, Melbourne, FL 32901

Property Details:

INVESTOR SPECIAL!!!Nestled in the heart of central Melbourne and directly across from a lush local golf course, this historic home presents a rare, high-upside opportunity for investors and developers alike. Set on a generous .84-acre parcel with city water and sewer in place, the property offers flexibility to rehabilitate the existing residence or start fresh with new construction. The value multiplies with the option to further expand by adding a third property available for purchase to reach an impressive 1.26 acres--unlocking the ability to pursue R2 rezoning with a density allowance of up to six units per acre. Currently, zoning allows for an accessory dwelling unit of up to 600 square feet, attached or detached, and permits short-term rentals, creating immediate income potential. Located within a Qualified Opportunity Zone, this assemblage delivers substantial tax advantages, making it an exceptional canvas for redevelopment, income production,

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• Acreage0.84
• Area330 - Melbourne - Central
• Baths - Full3
• Baths - Total3
• Bedrooms5
• CityMelbourne
• Community FeesNo
• ConstructionFrame
• CoolingOther
• CountyBrevard
• Directionsoff of 192
• FurnishedUnfurnished
• General County LocationSouth
• HeatOther
• List Price/SqFt$146.16 / sqft
• Listing ID1066680
• Listing StatusPending
• Lot DescriptionOther
• Lot SqFt36,590.40 sqft
• ParkingOther
• Pet RestrictionsYes
• PetsYes
• PoolNo
• PossessionClose Of Escrow
• Private PoolNo
• Property TypeResidential
• Residential Sub-TypeSingle Family Residence
• Road SurfaceAsphalt
• ShowingAppointment Only
• Sold Terms CodeCash,Conventional,FHA,VA Loan
• SqFt - Living2,394 sqft
• State/ProvinceFL
• StatusPending
• Status Change DateFriday, January 30th, 2026
• Street NamePine
• Street Number1806&1808
• Street SuffixStreet
• SubdivisionWells Map No 3
• Tax Year2025
• Taxes$7,969.98
• To Be ConstructedNo
• Total Garage Spaces1
• Under Contract DateFriday, January 30th, 2026
• UtilitiesCable Connected and Electricity Connected
• WaterfrontNo
• Year Built1969
• Zip Code32901