1760&1766 Mason Terrace
Melbourne, FL, 32935
$599,900
13 photos— tap any to expand
- Price / sqft
- $247
- On the market
- 3 days
- Year built
- 1985
- Lot
- 0.26 acres
About this home
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.
Features
The details
- Type
- MultiFamily
- Year built
- 1985
- Living area
- 2,432 sqft
- Lot size
- 0.26 acres
- Garage
- 2 spaces
- Subdivision
- Country Club Gardens Subd
- County
- Brevard
- Sewer
- Public Sewer
- Water
- Public
- Schools
- Creel · Johnson · Eau Gallie
- MLS #
- 1088372
Listing courtesy of Chaleah Gehrman, Denovo Realty.
Listing information provided by the Space Coast Association of REALTORS® IDX program (source: Space Coast MLS (Space Coast Association of REALTORS®)). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS. Last updated Sep 24, 2026, 11:01 AM.
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Listing information provided by the Space Coast Association of REALTORS® IDX program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.