Property photo 1
Property photo 2
3 Beds
2 Baths
1,551 sqft

$225,000

418 Poinciana Drive, Melbourne FL, 32935

Price per sqft$145.07
Built in1951
Property size1,551 sqft
Property typeResidential

Overview

Active

Listed Oct 2, 2026

Updated 2 days ago

Unique dual-living opportunity in the desirable Loveridge Heights neighborhood, complete with a newer roof (2021) and AC (2017)! This versatile 3-bedroom, 2-bathroom property offers incredible flexibility and immediate cash flow, currently tenant-occupied until June 30, 2027. The spacious front home features a 2-bedroom, 1-bathroom layout with a fully equipped kitchen, a large dining room, and a massive family room with abundant storage. Completely separate with its own private exterior entrance and no interior connecting door, the rear 1-bedroom, 1-bathroom addition includes a functional kitchenette—making it the ultimate future Mother-in-Law suite, guest house, or private retreat. Situated on a super-large, fully fenced lot perfect for outdoor activities, this investment gem combines privacy with an unbeatable coastal lifestyle where you can walk to nearby fishing, boating, and swimming while remaining close to shopping and dining.

$1,497/mo

Est. mortgage payment based on a $225,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1089115

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.33 Acres

Other Property Details

Taxes
$3,109
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of 85 & Sunny Real Estate,PA, Patricia Lorenzo,
Listing Contact: 321-254-1330 

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 Milly Akins 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.

 

Powered by Luxury Presence