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Sold for $115,000 on 08/22/25
  • $115,000

    1042 Mollie Ln #81042, Melbourne, FL 32935

    1beds
    733sqft
    Condominium
    Built in 1984
    -- sqft lot
    $117,800 Zestimate®
    $157/sqft
    $-- Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: August 22, 2025 at 01:56pm

    Listing Provided by:

    Moses Nae 407-499-0240,

    MIAMI TANGO INVESTMENTS REALTY 786-464-8803

    Bought with:

    Jama Porter, 3456167

    DENOVO REALTY

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

    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

    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 & neighborhood

    Community
    • Community features: Fitness Center, Playground, Pool
    Location
    • Region: Melbourne
    • Subdivision: CORAL GARDENS BLDG 8

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $224 monthly
    • Services included: Maintenance Structure, Maintenance Grounds, Pool Maintenance, Water
    • Association name: Becca Mengel
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 13200

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Condominium
    • Road surface type: Asphalt
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $117,800
    2% more+ $2,356
    With Zillow Showcase(estimated)
    $120,156