30
Map
$397,000
●
House -
For Sale
110 Lagoon Avenue
Melbourne, FL 32901
4 Beds
3 Baths
1,615 Ft²
$2,394
Est. Monthly
About This Property
Spacious double-lot property offering rare flexibility and room to
grow. This 4-bed, 3-bath home features a bright, open layout that
feels instantly welcoming, with natural light moving easily through
the main living areas. The kitchen and dining spaces sit at the
center of the home, creating a comfortable flow ideal for everyday
living.
A standout bonus is the mother-in-law suite with private entrance, kitchenette, and full bath--a versatile space that quietly expands what's possible, whether for guests, extended family, or future income potential. The layout supports both connection and privacy, giving the home a balanced, easy-to-live-in feel. Plenty of space for RV or boat. Close to entertainment, churches and schools. Several blocks to the intracoastal waterway. Seller concessions will be considered. This is a must see!
A standout bonus is the mother-in-law suite with private entrance, kitchenette, and full bath--a versatile space that quietly expands what's possible, whether for guests, extended family, or future income potential. The layout supports both connection and privacy, giving the home a balanced, easy-to-live-in feel. Plenty of space for RV or boat. Close to entertainment, churches and schools. Several blocks to the intracoastal waterway. Seller concessions will be considered. This is a must see!
Unit Size
1,615 Ft²
Days on Market
205 days
Land Size
0.40 acres
Price per sqft
$246
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1974
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (Space Coast MLS #1071353)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2026 | Sold | ||
| Sold | |||
| Jul 19, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Listed by CENTURY 21 Baytree Realty | $349,900 | |
| Listed by CENTURY 21 Baytree Realty | |||
   | |||
|
Welcome to 110 Lagoon Ave, a rare double-lot property offering exceptional space, flexibility, and value. Situated in a coastal neighborhood, this home delivers the kind of room--indoors and out--that's nearly impossible to find at this price point.
Sitting on two full lots, the property provides expansive yard space perfect for storing boats or RVs, adding a pool, creating lush gardens, or simply enjoying the privacy of extra land.
A standout feature is the 750 sq. ft. garage, built with serious storage, workshop, or hobby needs in mind. Inside the garage is a full efficiency unit complete with its own private entrance, making it ideal for guests, extended family, or potential rental income. The home has a metal roof to give you years of worry free life.
Whether you're looking for a home with room to grow, space to create, or a property with built-in income potential, 110 Lagoon Ave offers unmatched versatility in a prime location.
| |||
| Apr 14, 2026 | Price Decreased |
$397,000
↓ $43K
(9.8%) | |
| Price Decreased | |||
| Apr 4, 2026 | Price Decreased |
$440,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Circular Driveway, Garage, RV Access/Parking
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), In-Law Floorplan, Open Floorplan, Pantry, Guest Suite
Appliances: Dishwasher, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
Flooring Type: Laminate, Tile
Laundry Features: In Garage, In Unit
Exterior Details
Square Footage: 1615
Square Footage Source: $0
Property Condition: Updated/Remodeled
Architectural Style: Ranch, Multi Generational
Year Built: 1974
Levels: One
Construction Materials: Block, Concrete
Patio and Porch Features: Patio
Lot Features: Irregular Lot
Lot Size Area: 0.4
Lot Size Units: Acres
Lot Size Acres: 0.4
Lot Size Square Feet: 17424
Water Source: Public
Financial Details
Tax Annual Amount: $5,328
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Electric, Hot Water
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Indian River Bluff
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Listed by: Alfred T Jenkins, Jenkins Realty
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1071353
IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1071353
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