ActiveDuplex
1760&1766 Mason Terrace, Melbourne, FL 32935
Melbourne, FL 32935 · MLS #1088372The residence
About this property
ASSUMABLE 3.75% MORTGAGE! Approx. $335K loan balance available to a qualified buyer. Skip today's rates and step into a low-rate, income-producing duplex in Melbourne. This concrete block duplex offers two well-sized units, each with its own 1-car garage. Unit one is a 3 bed, 2 bath with additional parking, and unit two is a 2 bed, 2 bath. Major updates are already done: impact-rated windows throughout, 2019 roof, a 2021 AC system on one side, and a 2016 air handler on the other. Both units are occupied by long-term tenants paying $1,700 and $1,500 per month ($38,400 per year gross), with leases ending in December. That gives you flexibility to keep the steady income, raise rents, or live in one side and rent the other. City water and sewer. Low-rate financing, solid construction, and proven rental history make this a strong fit for investors and house-hackers.
At a glance
Property details
- Property type
- Duplex
- Listing type
- For sale
- Status
- Active
- Bedrooms
- 5
- Bathrooms
- 4
- Living area
- 2,432 sq. ft.
- Year built
- 1985
- Lot size
- 11,326 sq. ft.
- Subdivision
- Country Club Gardens Subd
- County
- Brevard
- Original list price
- $599,900
- Listing date
- September 23, 2026
- Annual property tax
- $5,556 (2025)
- Listing agent
- Chaleah Gehrman
- Listing office
- Denovo Realty
- MLS number
- 1088372
Neighborhood & location
Explore Country Club Gardens Subd
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- Elementary school
- Creel
- Middle school
- Johnson
- High school
- Eau Gallie
- School district
- Brevard Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $3,033
- Property taxes
- $463
- Homeowners insurance
- $300
- Estimated total
- $3,796
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Listing courtesy of Denovo Realty, 321-237-1887.
Data provided by Space Coast MLS. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.