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    158 Ct West Melbourne, FL 32904

    For Sale
    $545,000

    MULTI_FAMILY - Melbourne, FL

    Property size:
    2,252 SF
    Lot size:
    0.19 Acres
    Days on Market:
    75
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 158 Ct West

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2
    Bedrooms
    4
    Bathrooms
    3
    APN
    28-37-05-03-00003.0-0007.00
    Parking
    4
    Appliances
    Electric Range, Refrigerator
    Size
    2,252 SF
    Lot size
    0.19 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1953
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Tile, Laminate, Vinyl
    Building materials
    Frame
    Roof type
    Shingle

    MTG of Brevard Inc. DBA RE/MAX Alternative Realty (321) 777-4111 [email protected]

    Listing agent Jack Taylor (321) 777-4111

    Listing date Oct 1, 2025

    MLS# 1049317 Listing URL

    Copyright © 2025 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Income Multifamily Property in Melbourne

    This multifamily property in Melbourne, Florida, features three separate cottages, offering a high-income-producing investment opportunity. The property includes two units with 2 bedrooms and 1 bath each, along with one large studio. The studio was newly completed in 2024. Situated on a lot with shade trees, the property has a newer roof and new exterior paint. The adjusted gross rent is $4,400. The property is conveniently located near Crunch Fitness, Starbucks, First Watch, Cheddar's, and Melbourne Square Mall, which is a 3-minute drive away. The beach is a 10-minute drive from the property. Seller financing is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.642972
    Latitude
    28.081411

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    FAQs

    What type of property is this?
    Multifamily property - Three-unit multifamily property with strong income potential in a prime location.
    Where is this multifamily property located?
    The property is located at 158 Ct West Melbourne, FL.
    What is the asking price?
    The asking price for this property is $545,000.
    What are key features of this property?
    This property features: - High income producing property with $4,400 adjusted gross rent.; - Seller financing available.; - Three separate units: Two 2-bedroom/1-bath cottages and one new studio (completed 2024).
    (321) 777-4111
    Request Owner's contact information
    158 Ct West Melbourne, FL 32904
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    Melbourne, FL 32904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    158 Ct West Melbourne, FL 32904
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