135 STEPHENSON DR

This property presents a prime investment opportunity in a desirable, well-established neighborhood. Whether you're looking for a buy-and-hold rental or a profitable flip, this home offers excellent potential. A fire in the primary bedroom—caused by a lit cigarette—was quickly contained by the fire department. There is no damage to the roof trusses, and a certificate of livability is attached to the MLS. The property does require a new roof, and a $12,500 quote is available. Seller is willing to install a new roof with agreed on terms. The major systems have been updated, with newer electric and plumbing already in place. Both bathrooms and flooring have been recently renovated, ensuring modern comfort. The home features a neutral monochrome color palette, allowing you to customize the space to your taste. Enjoy the large screened back porch, perfect for relaxing while overlooking the expansive backyard with stunning oak trees providing ample shade. A shed in the backyard offers convenient storage for tools and outdoor equipment.

MLS ID#

MFRO6279981

Price

$235,000

Status

Active

Bedrooms

3

Bathrooms

2

Full Baths

2

Half Baths

0

Square Footage

1,590 sqft

Acres

0.2600

Year Built

1965

Type

Residential

Subtype

Single Family Residence

Style

N/A

Address

135 STEPHENSON DR

Subdivision

Melbourne Estates Add

City

Melbourne

County

Brevard

State

FL

Zip Code

32904

Senior Community

No

Amenities

N/A

Parking

N/A

View

No

Waterfront

No

Pool

No

Interior Features

Living Room/Dining Room Combo, Solid Wood Cabinets, Split Bedroom, Thermostat

Heating

Central, Electric

Cooling

Central Air

Flooring

Tile

Fireplace

N/A

Stories

1

Appliances

Microwave, Refrigerator, Dryer, Washer

Exterior Features

Sliding Doors

Construction

Block

Foundation

Block

Roof

Shingle

Fencing

N/A

Lot Features

N/A

Elementary

N/A

Middle

N/A

High

N/A

Date Listed

February 11, 2025

Days on Market

1

Zoning

R1A

Direction Faces

East

New Construction

No