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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
Bedrooms: 3
Bathrooms: 2
Sq. Ft: 1,551
Lot Size: 14,375
Subtype: Single Family Residence
County: Brevard
Subdivision: Loveridge Heights Addn 2 Amended Plat Of
Year Built: 1951

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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.

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Additional Information

Construction: Block, Concrete, Stucco
Cooling: Central Air, Electric
Furnished: Unfurnished
Heating: Central, Electric
Lot Description: Irregular Lot
Parking: On Street
Roof: Shingle
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Stories: 1
Acres: 0.33
Price Per Sqft: $145