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Pending
  • $125,000

    1042 Mollie Ln #81042, Melbourne, FL 32935

    1beds
    733sqft
    : 
    Condominium
    Built in 1984
    -- sqft lot
    $119,100 Zestimate®
    $171/sqft
    $224/mo HOA

    What's special

    Great condition
    Under contract-accepting backup offers. Turnkey 1-Bed/1-Bath Condo – Reliable Long-Term Tenants in Place Great opportunity to own a well-maintained 1-bedroom, 1-bathroom condo in the desirable Coral Gardens community. The current tenants — a responsible couple — have lived here for over 10 years, always paying on time and taking excellent care of the property. The central heating system was replaced in 2024, and the home is in great condition. Photos were taken on May 25, 2025, and reflect the current state of the unit. This is a fantastic investment with stable rental income from day one. Whether you're looking to add to your portfolio or purchase your first rental, this unit is ready to go!
    14 days
    on Zillow
    |
    475
    |
    21
    |

    Zillow last checked: 7 hours ago

    Listing updated: 21 hours ago

    Listing Provided by:

    Moses Nae 407-499-0240,

    MIAMI TANGO INVESTMENTS REALTY 786-464-8803

    Source: Stellar MLS,MLS#: O6322130MLS LogoOriginating MLS: Orlando Regional

    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    Primary bathroom
    • Level: First
    Balcony porch lanai
    • Level: First
    Great room
    • Level: First
    Kitchen
    • Level: First
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Disposal, Microwave, Range, Refrigerator
    • Laundry: Other
    Features
    • Other
    • Flooring: Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 733
    • Total interior livable area: 733 sqft
    Video & virtual tour

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Balcony, Other
    Lot
    • Size: 14.77 Acres
    Details
    • Parcel number: 27 371900268.D
    • Zoning: XX
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Stucco
    • Foundation: Block, Other
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Other

    Community & HOA

    Community
    • Features: Fitness Center, Playground, Pool
    • Subdivision: CORAL GARDENS BLDG 8
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Structure, Maintenance Grounds, Pool Maintenance, Water
    • HOA fee: $224 monthly
    • HOA name: Becca Mengel
    • Pet fee: $0 monthly
    Location
    • Region: Melbourne

    Financial & listing details

    • Price per square foot: $171/sqft
    • Annual tax amount: $1,649
    • Date on market: 6/27/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Condominium
    • Total actual rent: 13200
    • Road surface type: Asphalt
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