Active Under ContractSingle Family Residence
418 Poinciana Drive, Melbourne, FL 32935
Melbourne, FL 32935 · MLS #1089115The residence
About this property
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.
At a glance
Property details
- Property type
- Single Family Residence
- Listing type
- For sale
- Status
- Active Under Contract
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,551 sq. ft.
- Year built
- 1951
- Lot size
- 14,375 sq. ft.
- Subdivision
- Loveridge Heights Addn 2 Amended Plat of
- County
- Brevard
- Original list price
- $225,000
- Listing date
- October 2, 2026
- MLS record updated
- October 25, 2026
- Annual property tax
- $3,109 (2025)
- Listing agent
- Patricia Lorenzo
- Listing office
- 85 & Sunny Real Estate,PA
- MLS number
- 1089115
Neighborhood & location
Explore Loveridge Heights Addn 2 Amended Plat of
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
- Harbor City
- Middle school
- Hoover
- High school
- Melbourne
- School district
- Brevard Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $1,138
- Property taxes
- $259
- Homeowners insurance
- $113
- Estimated total
- $1,509
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.
Continue your search
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Listing courtesy of 85 & Sunny Real Estate,PA, 321-254-1330.
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.