Updated Concrete-Block
For Sale
Contact for pricing
5285 Palmetto Drive 5283/5285, Melbourne Beach, FL 32951
Two three-bedroom residences offer flexible layouts for rental income or multigenerational living.
Property SizeContact for details
Days on Market142
Property Features for 5285 Palmetto Drive 5283/5285
General Information
Standard status
Active
Property subtype
Multifamily, Land
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Road Access
Yes
Amenities
indoor laundry rooms
skylights
sliding glass doors
breakfast bars
Building Details
Buildings
1
Construction
concrete block
Listing Agency:
Premier Properties Real Estate
Listed By:
Laura Dowling Roy PA
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 6:41AM
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 Premier Properties Real Estate
Investment Insights
Based on property information with market context.
This well-maintained duplex includes two separate residences, each with 3 bedrooms and 2 bathrooms. Both sides feature open living and dining areas, remodeled kitchens with breakfast bars, indoor laundry rooms, two skylights, and front and rear sliding glass doors. The concrete-block construction has a stucco exterior, and the roof was replaced in 2019.
Unit-specific improvements include an enclosed office, updated appliances, laundry equipment, a water softener, and a gas range in the south residence. The north residence includes an open rear porch, new AC line drops, a dishwasher, water heater, refrigerator installed in 2023, stove replaced in 2022, and a new water house pump. The paver driveway was reset and leveled in 2025.
Each side occupies .23 acre, and the property is two blocks from the beach. The configuration supports use as an income property or for multigenerational living.
Unit-specific improvements include an enclosed office, updated appliances, laundry equipment, a water softener, and a gas range in the south residence. The north residence includes an open rear porch, new AC line drops, a dishwasher, water heater, refrigerator installed in 2023, stove replaced in 2022, and a new water house pump. The paver driveway was reset and leveled in 2025.
Each side occupies .23 acre, and the property is two blocks from the beach. The configuration supports use as an income property or for multigenerational living.
Key Highlights
- Two‑unit duplex with 3 bedrooms and 2 bathrooms per residence
- Each side sits on .23 acre of land
- Two blocks from the beach
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Explore this area
Business Placement
Demographics for 32951, FL
11,525
Population
7,720
Households
1.5
Avg Household Size
61
Median Age
52%
College-Educated
97%
High-School Grad
8.1 sq mi
ZIP Area
1,423
Density / Sq Mi
$88,859
Median Household Income
$53,281
Median Earnings
$1,690
Median Rent
$495,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences offer flexible layouts for rental income or multigenerational living.
Where is this duplex located?
The property is located at 5285 Palmetto Drive 5283/5285 Melbourne Beach, FL.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 2 bathrooms per residence; Each side sits on .23 acre of land; Two blocks from the beach
