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$569,900

1620 1622 Peachtree St

Melbourne, FL
Active
5
Bedrooms
4
Bathrooms
0.2
Lot Size (acres)
1959
Year Built
503
Days On Market

NEW Roof before closing! Highly desirable triplex with long term tenants in the heart of Melbourne! This property consists of a 3 bed, 2 bath unit in the front. 1 bed, 1 bath unit in the middle, and a 1 bed, 1 bath unit in the back. Each unit has its own washer and dryer hookup. Two units have new water heaters. Turn key investment with plenty of growth available! The area is growing with already existing and new companies, business, and infrastructure. Plenty of schools, shopping, restaurant and churches in the area. Centrally located with a quick walk to Downtown Melbourne, four minutes to the river & US1, less than ten minutes to the beach, LESS than four minute to the evergrowing Melbourne International Airport & less than 15 minutes to I-95.

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Listing Information

Listing Updated
05/26/2026
Listed By
Justin Luke · Blue Marlin Real Estate, 3218772902
MLS#
1046554
Source
Space Coast MLS (Space Coast Association of REALTORS)
Status
Active

Facts & Features

Location

Community Information

Address
1620 1622 Peachtree St, Melbourne, FL 32901
City
Melbourne
County
Brevard
Neighborhood
Magnolia Heights
Zip Code
32901

Architecture

Bedrooms
5
Bathrooms
4
Stories
1
Year Built
1959
Construction Materials
Stucco, Block, Concrete
Roof
Shingle
Levels
One
Garage Spaces
0
Parking Features
Attached, Garage, Shared Driveway

Features & Amenities

Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Flooring
Tile
Cooling
Central Air, Electric, Wall/Window Unit(s), Separate Meters
Heating
Electric, Central, Separate Meters

Property Features

Lot Size
0.2 Acres
Lot Features
Few Trees
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected

Square Footage

Total
2,118 sq. ft.

Tax & Financial Information

List Price
$569,900
Annual Taxes
$3,608

Schools

100/100
Stone Magnet Middle School
Middle · Grades 07–08 · 1.8 mi
City
Melbourne
Students
816
Student body
46% White · 29% Black · 15% Hispanic / Latino
Free/reduced lunch
65%
Phone
(321) 723-0741
77/100
Melbourne Senior High School
High · Grades 09–12 · 0.6 mi
City
Melbourne
Students
2,226
Parent reviews
5.0★ avg · 1 review
Student body
72% White · 12% Hispanic / Latino · 7% Black
Free/reduced lunch
30%
Phone
(321) 952-5880
58/100
West Shore Junior/Senior High School
High · Grades 07–12 · 1.7 mi
City
Melbourne
Students
957
Parent reviews
3.0★ avg · 2 reviews
Student body
68% White · 13% Hispanic / Latino · 9% Asian
Free/reduced lunch
11%
Phone
(321) 242-4730
54/100
Palm Bay Magnet Senior High School
High · Grades 08–12 · 2.4 mi
City
Melbourne
Students
1,598
Student body
45% White · 27% Black · 18% Hispanic / Latino
Free/reduced lunch
58%
Phone
(321) 952-5900
52/100
University Park Elementary School
Elementary · Grades PK–06 · 1.4 mi
City
Melbourne
Students
480
Student body
44% White · 40% Black · 8% Hispanic / Latino
Free/reduced lunch
86%
Phone
(321) 723-2566
52/100
Harbor City Elementary School
Elementary · Grades PK–06 · 2.9 mi
City
Melbourne
Students
403
Student body
58% White · 16% Black · 15% Hispanic / Latino
Free/reduced lunch
70%
Phone
(321) 254-5534
50/100
South Area Adult Education-Day Program
Grades AE–AE · 0.3 mi
City
Melbourne
Phone
(321) 952-5977
48/100
South Area Adult Education-Night Program
Grades AE–AE · 0.3 mi
City
Melbourne
Phone
(321) 952-5977

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
07/16/2025Price change$569,900
05/19/2025Listed for sale$599,900

Listed by Justin Luke · Blue Marlin Real Estate · 3218772902

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Brevard MLS. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright © 2026 Brevard MLS. All Rights Reserved.

Last Updated: May 26, 2026 at 9:01 AM | Source: Brevard MLS | MLS#: 1046554

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