




5 Beds
4 Baths
2,432 sqft
$599,900
1760&1766 Mason Terrace, Melbourne FL, 32935
Price per sqft$246.67
Built in1985
Property size2,432 sqft
Property typeMulti-family
Overview
Active
Listed Sep 23, 2026
Updated 2 weeks ago
ASSUMABLE 3.75% MORTGAGE! Approx. $335K loan balance available to a qualified buyer. Skip today's rates and step into a low-rate, income-producing duplex in Melbourne. This concrete block duplex offers two well-sized units, each with its own 1-car garage. Unit one is a 3 bed, 2 bath with additional parking, and unit two is a 2 bed, 2 bath. Major updates are already done: impact-rated windows throughout, 2019 roof, a 2021 AC system on one side, and a 2016 air handler on the other. Both units are occupied by long-term tenants paying $1,700 and $1,500 per month ($38,400 per year gross), with leases ending in December. That gives you flexibility to keep the steady income, raise rents, or live in one side and rent the other. City water and sewer. Low-rate financing, solid construction, and proven rental history make this a strong fit for investors and house-hackers.
$3,991/mo
Est. mortgage payment based on a $599,900 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 1088372
Interior Features
- Bedrooms
- 5
- Bathrooms
- 4
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.26 Acres
Other Property Details
- Taxes
- $5,556
- Tax Frequency
- Annually
- Garage
- Yes
- 55+/Senior Community
- No
Courtesy of Denovo Realty, Chaleah Gehrman,
Listing Contact: 321-237-1887
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Zack Spurlock shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2026 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.