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Cottage-Style Triplex
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158 West Court, Melbourne, FL 32904

Three separate cottages offer two two-bedroom units and a newly completed studio on a spacious, shaded lot.

Property SizeContact for details
Days on Market142

Property Features for 158 West Court

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 2 x 2BR/1BA, 1 x studio
Multifamily Units 3

Building Details

Buildings 3
Listing Agency: RE/MAX Alternative Realty
Listed By: Jack Taylor · License #3073233
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 6:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Alternative Realty

Investment Insights

Based on property information with market context.

This triplex consists of three separate cottages with a practical mix of two 2 bedroom, 1 bath units and one large studio. The studio was completed in 2024, while the property also features a newer roof, new exterior paint, and mature shade trees across the large lot.

The property is located near Crunch Fitness, Starbucks, First Watch, and Cheddar’s. Melbourne Square Mall is approximately a 3-minute drive away, and the beach is approximately 10 minutes away. The separate-cottage layout and varied unit mix provide a clearly defined multifamily configuration.

Key Highlights

  • Three separate cottages configured as a triplex
  • Unit mix includes two 2 bedroom, 1 bath units and one large studio
  • Studio completed in 2024

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Storage Facility Parking Lot & Garage Building Supply Grocery & Convenience Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,377
Businesses Nearby

Demographics for 32904, FL

35,399
Population
15,117
Households
2.3
Avg Household Size
44
Median Age
40%
College-Educated
94%
High-School Grad
217.1 sq mi
ZIP Area
163
Density / Sq Mi
$86,943
Median Household Income
$42,451
Median Earnings
$1,763
Median Rent
$334,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate cottages offer two two-bedroom units and a newly completed studio on a spacious, shaded lot.
Where is this triplex located?
The property is located at 158 West Court Melbourne, FL.
What are key features of this property?
This property features: Three separate cottages configured as a triplex; Unit mix includes two 2 bedroom, 1 bath units and one large studio; Studio completed in 2024
(321) 258-8602 Call to check price and availability
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