418 Poinciana Drive, Melbourne, FL 32935

$225,000
3
BD
2
BA
1,551
SqFt

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List Price
$225,000
MLS#
1089115
Type
Single Family Residential
Bedrooms
3
Bathrooms
2
Living Area
1,551
Lot Size
14,375
Subdivision
Loveridge Heights Addn 2 Amended Plat Of
Year Built
1951

Property Description

Unique dual-living opportunity in the desirable Loveridge Heights neighborhood, complete with a newer roof (2021) and AC (2017)! This versatile 3-bedroom, 2-bathroom property offers incredible flexibility and immediate cash flow, currently tenant-occupied until June 30, 2027. The spacious front home features a 2-bedroom, 1-bathroom layout with a fully equipped kitchen, a large dining room, and a massive family room with abundant storage. Completely separate with its own private exterior entrance and no interior connecting door, the rear 1-bedroom, 1-bathroom addition includes a functional kitchenette—making it the ultimate future Mother-in-Law suite, guest house, or private retreat. Situated on a super-large, fully fenced lot perfect for outdoor activities, this investment gem combines privacy with an unbeatable coastal lifestyle where you can walk to nearby fishing, boating, and swimming while remaining close to shopping and dining.

Additional Information

Exterior Construction
Block, Concrete, Stucco
Appliances
Disposal, Dishwasher, Electric Oven, Electric Water Heater, Ice Maker, Refrigerator
Roof
Shingle
High School
Melbourne
Middle School
Hoover
Elementary School
Harbor City
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Floor
Tile
Heating
Central, Electric
Cooling
Central Air, Electric

Listing courtesy of 85 & Sunny Real Estate,PA.

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Calculator source: Real Geeks