$112,400
as of Sep 4, 2026
- 2 Beds
- 1 Bath
- 815 sqft
104 Preston Ln, Melbourne, FL 32935
Home Highlights
Apartment
Built in 1977
815 sqft
$138/sqft
Local Information
-- mins to
About this House
Nicely remodeled, downstairs, two bedroom unit. New kitchen with granite and stainless steel appliances, new bathroom and new windows. Access to clubhouse, playground/park area, pool, lighted tennis courts and laundry rooms. Close to shopping, restaurants, golf, schools and colleges.
Rent includes water, sewer, basic cable, internet, pest control.
Rent includes water, sewer, basic cable, internet, pest control.
104 Preston Ln, Melbourne, FL 32935 is a 2 bedroom, 1 bathroom, 815 sqft apartment built in 1977. It last sold for $25,000 on Feb 19, 2016 (1,686% above the $1,400 asking price). More recently, it was listed as a rental in January 2026 with an asking price of $1,450 per month. That rental listing was removed on February 7, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $112,400, with a rent estimate of $1,425/month.
Home Details for 104 Preston Ln
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Year Built Year Built: 1977 |
Property Type / Style Property Type: Apartment |
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Lease Term: 1 YEAR, Available 2/6/2023 |
Comparable Sales for 104 Preston Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.37 | Apartment | $87,500 | 12/01/25 | 2 | 2 | 1,150 sqft | |
1.41 | Apartment | $127,000 | 01/16/26 | 2 | 2 | 1,058 sqft | |
4.25 | Apartment | $547,000 | 05/20/26 | 2 | 1 | 1,945 sqft | |
4.40 | Apartment | $260,000 | 05/01/26 | 2 | 2 | 1,055 sqft | |
4.36 | Apartment | $230,000 | 05/08/26 | 3 | 2 | 1,320 sqft | |
4.38 | Multi-Family Home | $665,000 | 12/04/25 | 3 | 2 | 1,368 sqft | |
4.81 | Multi-Family Home | $785,000 | 09/19/25 | 3 | 2 | 1,795 sqft | |
5.20 | Apartment | $700,000 | 07/14/26 | 2 | 2 | 1,200 sqft | |
6.53 | Apartment | $145,000 | 02/18/26 | 3 | 2 | 1,140 sqft | |
6.62 | Apartment | $125,000 | 12/12/25 | 2 | 2 | 857 sqft |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Melbourne
Last updated Sep 2026
Trulia Rent Estimate$1,425/mo
Average rent
$1.95K
$50MoM
Available listings
398
Around this home
What Locals Say about Melbourne
At least 923 Trulia users voted on each feature.
88 % Say car is needed
88 % Say it's dog friendly
83 % Say parking is easy
74 % Say yards are well-kept
74 % Say there are sidewalks
72 % Say there's holiday spirit
69 % Say it's quiet
65 % Say people would walk alone at night
61 % Say kids play outside
58 % Say streets are well-lit
53 % Say neighbors are friendly
50 % Say there's wildlife
49 % Say they plan to stay for at least 5 years
43 % Say it's walkable to grocery stores
40 % Say it's walkable to restaurants
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 7, 2026 Source: Zillow Rentals | ListingRemoved | $1,400 |
Jan 23, 2026 Source: Zillow Rentals | PriceChange | $1,400 Price decreased by 3% |
Jan 22, 2026 Source: Zillow Rentals | Listed For Rent | $1,450 |
Feb 19, 2016 Source: N/A | Sold | $25,000 |
May 23, 2008 Source: Agent Provided | ListingRemoved | $77,500 |
Feb 1, 2008 Source: Agent Provided | Listed For Sale | $77,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,634 | $107,910 |
Home facts updated by county records
Frequently asked questions about 104 Preston Ln
- What is 104 Preston Ln estimated to be worth?Trulia's estimated value for 104 Preston Ln in Melbourne, FL is $112,400.
- What is the price history for 104 Preston Ln?104 Preston Ln in Melbourne, FL last sold for $25,000 in February 2016.
- Is Melbourne a buyer's or seller's market?Melbourne is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Melbourne?The median sale price in Melbourne is $367K. That is up $4.33K from the prior month.
Homes for rent near 104 Preston Ln
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

