842 Torrence Ln

Melbourne, FL 32935

$229,900
Price
—
Beds
—
Baths
1,026 Sq. Ft.
$224 / Sq. Ft.
1,026
Sq. Ft.
$224
per Sq. Ft.
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Pending
Pending
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Description

Prime location! Sarno & US1 Investment Opportunity 🌴Run your business and live here, or generate immediate passive income! Located in the heart of Melbourne, this flexible residential/professional property gives you endless options on a budget. Income Potential: Studio Aptartment: Market rent at $925/month and the 2-Bedroom: Currently occupied at $1400/month Total Gross: $2,325/month ($27,900/year) Endless Possibilities: Live-Work: Operate your small business in the studio and live in the...Prime location! Sarno & US1 Investment Opportunity 🌴Run your business and live here, or generate immediate passive income! Located in the heart of Melbourne, this flexible residential/professional property gives you endless options on a budget. Income Potential: Studio Aptartment: Market rent at $925/month and the 2-Bedroom: Currently occupied at $1400/month Total Gross: $2,325/month ($27,900/year) Endless Possibilities: Live-Work: Operate your small business in the studio and live in the 2-bedroom. Short-Term Rentals: Convert into two lucrative Airbnb/vacation suites. Full Business/Residence: Open it up for an office/real estate/cpa or a single-family home. We have the space--you have the vision. Let's make it happen! Reach out today to schedule a tour and make your dreams a reality.
  1. Listed by Roger L Bukowski • Sunshine Realty Brevard
  2. Listed by Julie Schooler • Sunshine Realty Brevard

Property Details for 842 Torrence Lane

Directions
(US1 and Sarno Rd), Heading south on US1 one block south of Sarno Rd, right on Torrence. Home will be on the right.
Zoning
Multi Family
Subdivision/Condo Name
Melbogallie Subd
Furnished
Unfurnished
LISTING UPDATED: 06/04/2026 08:01 AM

Property Details for 842 Torrence Lane

StatusPending
MLS #1078627
Days on Market4
Taxes$1,752 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1947
Lot Size0.11 AC / 4,791 SF
CountyBrevard County
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Location

Listing Courtesy of Sunshine Realty Brevard, Roger L Bukowski; Sunshine Realty Brevard, Julie Schooler
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Building Information for 842 Torrence Lane

Stories-Residences2Year Built1947Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

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$1,292 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,146

Property Taxes

$146

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 842 Torrence Lane

Summary
Location and General Information
  • City: Melbourne
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 28.121337
  • Geo Lon: -80.632044
  • Absolute Longitude: 80.632044
  • Schools: Elementary School: Harbor City
  • Schools: Middle School: Hoover
  • Schools: High School: Melbourne
  • General County Loc: South
  • County Sub/Condo Name: Melbogallie Subd
Taxes and HOA Information
  • Taxes: $1,751.69
  • Tax Year: 2025
  • Tax Acct: 2725198
  • Tax ID: 27-37-21-50-0000a.0-0007.00
Parking
  • Parking Spaces: 4.0
  • Parking: Off Street, Unassigned
  • Open Parking Spaces: 4.0
Owner
  • Co-Owner: Kristina Palmisano
Property
Lot Information
  • SqFt - Living: 1026.0
  • SqFt - Total: 1166.0
  • Lot SqFt: 4792.0
  • Year Built: 1947
  • Picture Count: 19
  • Document Count: 5
  • Acreage: 0.11
  • Furnishings: Unfurnished
  • Road Surface: Asphalt
  • Current Adjacent Use: Multi-Family, Residential
Property and Assessments
  • Construction: Frame, Wood Siding
  • Docs on File: 5
  • Property Type: B
  • Legal/Misc: 55+ Community: No
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: B
  • Sub Type: Duplex
  • To Be Constructed: No
Utilities
  • Utilities: Sewer or Septic: Public Sewer
  • Utilities: Water Type: Public
  • Utilities: Cable Available, Electricity Connected, Sewer Connected
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Total Floors in Bldg: 1
  • # of Units: 2
  • Buildings: 1
  • Flooring: Tile,Vinyl
Interior Features
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heat: Central, Electric, Other
  • Equipment/Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Multi Family
Income & Expenses
  • Income & Expenses: Annual Gross Income: $27,900.00
Multi-Family Information
  • Unit 1 Details: Actual Rent: 1400.0
  • Unit 1 Details: Beds Total: 2.0
  • Unit 1 Details: Furnished: Unfurnished
  • Unit 1 Details: Unit ID: 842
  • Unit 1 Details: Unit Remarks: 2 bed 1 bath, laundry, kitchen, living
  • Unit 1 Details: Unit SqFt: 726.0
  • Unit 2 Details: Actual Rent: 925.0
  • Unit 2 Details: Beds Total: 1.0
  • Unit 2 Details: Furnished: Unfurnished
  • Unit 2 Details: Unit ID: 841
  • Unit 2 Details: Unit Remarks: studio apt
  • Unit 2 Details: Unit SqFt: 300.0
  • Selling Terms Code: Cash, Conventional
Agent
Sale and Listing
  • Cumulative DOM: 4
  • Days On Market: 4
  • Possession: Close Of Escrow
Showing and Remarks
  • Showing: Lockbox
  • Appointment Phone: Showingtime

Property History for 842 Torrence Lane

DateEvent & SourcePriceAppreciation
Jun 3, 2026

Pending

SCMLS #1078627

—
May 30, 2026

Listed (Active)

SCMLS #1078627

$229,900—
DateEvent & SourcePrice
06/03/2026

Pending

SCMLS #1078627

—
05/30/2026

Listed (Active)

SCMLS #1078627

$229,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 842 Torrence Lane

Taxable ValueLand$33,250Additions$40,430Total$73,680
Tax Record2021$1,439 ($120 / month)
Home Facts
Beds3Total Finished SqFt1,026 SqFtAbove Grade Finished SqFt1,026 SqFtStories1Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1947Year Renovated1990CountyBREVARDAPN27-37-21-50-0000A.0-0007.00 01

Schools near 842 Torrence Lane

This home is within Brevard Public Schools.
Rating
School
Type
Grades
Distance
Harbor City Elementary School
Public - PK to 6
Herbert C. Hoover Middle School
Public - 7 to 8
Melbourne Senior High School
Public - 9 to 12
Westshore Junior/Senior High School
Public - 7 to 12
Rating
School
Distance
Harbor City Elementary School
PublicPK to 6

Herbert C. Hoover Middle School
Public7 to 8

Melbourne Senior High School
Public9 to 12

Westshore Junior/Senior High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sunshine Realty Brevard, Roger L Bukowski; Sunshine Realty Brevard, Julie Schooler

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 06/04/2026 08:01 AM