842 Torrence Ln
Melbourne, FL 32935
- 3 Beds
- 2 Baths
- 1,026 sqft
$226,000
Last Sold: Jul 15, 2026
2% below list $230K
$220/sqft
Est. Refi. Payment $1,481/mo*
$226,000
Last Sold: Jul 15, 2026
2% below list $230K
$220/sqft
Est. Refi. Payment $1,481/mo*
3 Beds
2 Baths
1,026 sqft
Local Information
-- mins to
Description
PRIME LOCATION! Sarno & US1 Investment Opportunity 🌴Run your business and live here, or generate immediate passive income! Located in the heart of Melbourne, this flexible residential/professional property gives you endless options on a budget. Income Potential: Studio Aptartment: Market rent at $925/month and the 2-Bedroom: Currently occupied at $1400/month Total Gross: $2,325/month ($27,900/year) Endless Possibilities: Live-Work: Operate your small business in the studio and live in the 2-bedroom. Short-Term Rentals: Convert into two lucrative Airbnb/vacation suites. Full Business/Residence: Open it up for an office/real estate/cpa or a single-family home. We have the space--you have the vision. Let's make it happen! Reach out today to schedule a tour and make your dreams a reality.
842 Torrence Ln, Melbourne, FL 32935 is a 3 bedroom, 2 bathroom, 1,026 sqft multi-family built in 1947. It last sold for $226,000 on Jul 15, 2026 (2% below the $229,900 asking price). It is currently off market. The Trulia Estimate is $220,000, with a rent estimate of $1,718/month.
Home Highlights
Parking
4 Parking Spaces
Outdoor
No Info
View
No Info
HOA
None
Price/Sqft
$220/sqft
Listed
46 days ago
Home Details for 842 Torrence Ln
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1026 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity Connected, Sewer ConnectedAppliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, WasherDryerLaundry: In UnitRefrigeratorWasher |
Heating & Cooling Heating: Central,Electric,OtherHas CoolingAir Conditioning: Central Air,Wall/Window Unit(s)Has HeatingHeating Fuel: Central |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Tile, Vinyl |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Floors: Tile, Vinyl |
View No View |
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Exterior Home Features Roof: ShingleNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking Spaces: 4Parking: Off Street,Unassigned |
Frontage Road Frontage: City StreetRoad Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1947 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex |
Building Construction Materials: Frame, Wood SidingNot a New ConstructionHas Additional Parcels |
Property Information Parcel Number: 273721500000a.00007.00Additional Parcels Description: 2725198 |
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Price List Price: $229,900Price Per Sqft: $220/sqft |
Status Change & Dates Off Market Date: Wed Jun 03 2026Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: MelbourneCommunity: Melbogallie Subd |
School Information Elementary School: Harbor CityJr High / Middle School: HooverHigh School: Melbourne |
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Building Area Building Area: 1166 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 4791.6 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Expense Tenant Pays: Cable TV, Electricity, Sewer, Telephone, Water |
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Delayed Marketing Date: Sat May 30 2026Mls Number: 1078627Showing Requirements: Lockbox |
Last check for updates: about 8 hours ago
Listed by Roger L Bukowski, (321) 243-4952
Sunshine Realty Brevard
Julie Schooler, (321) 412-0245
Sunshine Realty Brevard
Bought with: Julie Schooler, (321) 412-0245, Sunshine Realty Brevard
Source: Space Coast AOR, MLS#1078627
Price History for 842 Torrence Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 07/15/2026 | $226,000 | Sold | Space Coast AOR #1078627 |
| 06/04/2026 | $229,900 | Pending | Space Coast AOR #1078627 |
| 05/30/2026 | $229,900 | Listed For Sale | Space Coast AOR #1078627 |
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
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,752 |
| Assessment | $92,650 |
Home facts updated by county records
Comparable Sales for 842 Torrence Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.41 | Multi-Family Home | $277,500 | 12/29/25 | 4 | 2 | 1,646 | |
1.71 | Multi-Family Home | $388,000 | 01/02/26 | 4 | 2 | 1,728 | |
1.53 | Multi-Family Home | $1,000,000 | 11/21/25 | 15 | 8 | 1,456 | |
0.93 | Multi-Family Home | $1,250,000 | 12/17/25 | 18 | 9 | 5,916 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 842 Torrence Ln.
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.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 842 Torrence Ln
Off Market Homes Near 842 Torrence Ln
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

