418 Poinciana DriveMelbourne, FL 32935

Description

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.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Year built

1951

Living area

1,551 Sq Ft

Lot size

0.33 acres

Days on market

13

MLS^® Listing#

1089115

Property Features

Appliances

Dishwasher · Disposal · Electric Oven · Electric Water Heater · Ice Maker · Refrigerator

Cooling

Central Air · Electric

Heating

Central · Electric

Flooring

Tile

Parking

On Street

Patio

Covered · Patio

Fencing

Fenced · Wire

Lot features

Irregular Lot

Construction

Block · Concrete · Stucco

Roof

Shingle

Utilities

Cable Available · Electricity Connected · Sewer Connected · Water Connected

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Harbor City

Middle

Hoover

High

Melbourne

Financial Details

HOA

None

Annual taxes

$3,109Tax year 2025

Parcel number

27-37-21-76-00003.0-0035.00