1806&1808 Pine St
Melbourne, FL 32901
- 5 Beds
- 3 Baths
- 2,394 sqft (on 0.84 acres)
$275,000
Last Sold: Mar 10, 2026
21% below list $350K
$115/sqft
Est. Refi. Payment $1,794/mo*
$275,000
Last Sold: Mar 10, 2026
21% below list $350K
$115/sqft
Est. Refi. Payment $1,794/mo*
5 Beds
3 Baths
2,394 sqft
(on 0.84 acres)
Local Information
-- mins to
Description
INVESTOR SPECIAL!!!
Nestled in the heart of central Melbourne and directly across from a lush local golf course, this historic home presents a rare, high-upside opportunity for investors and developers alike. Set on a generous .84-acre parcel with city water and sewer in place, the property offers flexibility to rehabilitate the existing residence or start fresh with new construction. The value multiplies with the option to further expand by adding a third property available for purchase to reach an impressive 1.26 acres—unlocking the ability to pursue R2 rezoning with a density allowance of up to six units per acre. Currently, zoning allows for an accessory dwelling unit of up to 600 square feet, attached or detached, and permits short-term rentals, creating immediate income potential. Located within a Qualified Opportunity Zone, this assemblage delivers substantial tax advantages, making it an exceptional canvas for redevelopment, income production, or long-term portfolio growth in one of Melbourne's most desirable corridors.
Nestled in the heart of central Melbourne and directly across from a lush local golf course, this historic home presents a rare, high-upside opportunity for investors and developers alike. Set on a generous .84-acre parcel with city water and sewer in place, the property offers flexibility to rehabilitate the existing residence or start fresh with new construction. The value multiplies with the option to further expand by adding a third property available for purchase to reach an impressive 1.26 acres—unlocking the ability to pursue R2 rezoning with a density allowance of up to six units per acre. Currently, zoning allows for an accessory dwelling unit of up to 600 square feet, attached or detached, and permits short-term rentals, creating immediate income potential. Located within a Qualified Opportunity Zone, this assemblage delivers substantial tax advantages, making it an exceptional canvas for redevelopment, income production, or long-term portfolio growth in one of Melbourne's most desirable corridors.
1806&1808 Pine St, Melbourne, FL 32901 is a 5 bedroom, 3 bathroom, 2,394 sqft single-family home built in 1969. It last sold for $275,000 on Mar 10, 2026 (21% below the $349,900 asking price). It is currently off market. The Trulia Estimate is $273,200, with a rent estimate of $3,253/month.
Home Highlights
Parking
Garage
Outdoor
No Info
View
No Info
HOA
None
Price/Sqft
$115/sqft
Listed
180+ days ago
Home Details for 1806&1808 Pine St
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 2394 Square Feet |
Appliances & Utilities Utilities: Cable Connected, Electricity Connected |
Heating & Cooling Heating: OtherHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Other |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
View No View |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Other |
Frontage Road Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1969 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: FrameNot a New ConstructionHas Additional Parcels |
Property Information Parcel Number: 2838075000000.00010.00Additional Parcels Description: 2847708 |
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Price List Price: $349,900Price Per Sqft: $115/sqft |
Status Change & Dates Off Market Date: Fri Jan 30 2026Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: MelbourneCommunity: Wells Map No 3 |
School Information Elementary School: Harbor CityJr High / Middle School: HooverHigh School: Melbourne |
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Not Senior Community |
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No HOA |
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Lot Area: 0.84 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Delayed Marketing Date: Fri Jan 16 2026Mls Number: 1066680Showing Requirements: Appointment Only |
Last check for updates: about 2 hours ago
Listed by Ryan Malone, (321) 514-1660
Endless Summer Real Estate
Bought with: Ryan Malone, (321) 514-1660, Endless Summer Real Estate
Source: Space Coast AOR, MLS#1066680
Price History for 1806&1808 Pine St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/10/2026 | $275,000 | Sold | Space Coast AOR #1066680 |
| 01/30/2026 | $349,900 | Pending | Space Coast AOR #1066680 |
| 01/16/2026 | $349,900 | Listed For Sale | Space Coast AOR #1066680 |
Market trends in Melbourne
Last updated June 2026
Avg. sale price
$363K
$16.33KMoM
Sale-to-List Price
97.5%
0.2%MoM
Price per sq ft
$223
$6MoM
Available listings
831
47MoM
Comparable Sales for 1806&1808 Pine St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Single-Family Home | $305,000 | 12/05/25 | 3 | 2.5 | 1,432 | |
0.42 | Single-Family Home | $600,000 | 08/29/25 | 3 | 3 | 2,286 | |
0.08 | Single-Family Home | $185,000 | 09/04/25 | 3 | 2 | 1,638 | |
0.35 | Single-Family Home | $563,000 | 05/14/26 | 4 | 3 | 1,938 | |
0.32 | Single-Family Home | $650,000 | 01/20/26 | 5 | 4 | 3,393 | |
0.12 | Single-Family Home | $320,000 | 10/10/25 | 3 | 2 | 1,305 | |
0.69 | Single-Family Home | $360,000 | 10/03/25 | 4 | 2.5 | 1,976 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1806&1808 Pine St.
What Locals Say about Melbourne
At least 922 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.
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