421 Butler Street, Melbourne, FL 32901

New Listing
$247,000
Property Type: Residential Income Bedrooms: 3 Square Footage: 1,125 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $247,000 List Date: 7/28/2026 Last Modified: 7/29/2026

Overview

Description

Welcome to 421 Butler Street, a charming duplex located in the heart of Melbourne, Florida! This income-producing property offers a fantastic opportunity for investors, first-time buyers, or those looking for multi-generational living. The duplex features two separate units with a total of 3 bedrooms and 2 full bathrooms. Each unit offers comfortable living spaces, functional layouts, and the convenience of being close to downtown Melbourne, shopping, dining, schools, and major roadways. Enjoy the flexibility of rental income potential or the ability to live in one unit while renting the other. Situated on a desirable lot in an established neighborhood, this property provides both convenience and opportunity in a growing area. Don't miss your chance to own a versatile duplex in a prime Melbourne location!

Listing Details MLS# 1083562

General Property Information

Number Of Buildings
Yes
Number Of Units Total
2
Bedrooms Total
3
Living Area
1125
Living Area Source
Public Records
Accessibility Features YN
No
New Construction YN
No
Year Built
1955
Garage YN
No
Carport YN
No
Lot Size Acres
0.1399
Lot Size Square Feet
6098.4
Association YN
No
Stories Total
Yes
Stories
Yes
Direction Faces
West
Pool Private YN
No
Senior Community YN
No
List Price/SqFt
219.56
Bathrooms Half
0

Property Features

Construction Materials: Concrete Cooling: Central Air; Electric; Wall/Window Unit(s) Current Use: Multi-Family; Residential Heating: Central; Electric Levels: One Listing Terms: Cash; Conventional Lot Features: Few Trees Possession: Close Of Escrow Road Surface Type: Asphalt Roof: Membrane Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Electricity Connected; Water Connected Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent

Contract Information

Original List Price
247000
Listing Contract Date
2026-07-28
Property Sub Type
Duplex

Location Tax and Legal

Street Number
421
Street Name
Butler
Street Suffix
Street
County
Brevard
State
FL
Postal Code
32901
MLS Area Major
323 - Eau Gallie
Subdivision Name
Indian River Bluff No 3

Remarks and Miscellaneous

Public Remarks
Welcome to 421 Butler Street, a charming duplex located in the heart of Melbourne, Florida! This income-producing property offers a fantastic opportunity for investors, first-time buyers, or those looking for multi-generational living. The duplex features two separate units with a total of 3 bedrooms and 2 full bathrooms. Each unit offers comfortable living spaces, functional layouts, and the convenience of being close to downtown Melbourne, shopping, dining, schools, and major roadways. Enjoy the flexibility of rental income potential or the ability to live in one unit while renting the other. Situated on a desirable lot in an established neighborhood, this property provides both convenience and opportunity in a growing area. Don't miss your chance to own a versatile duplex in a prime Melbourne location!

Status Change Information

Major Change Timestamp
2026-07-28T15:01:38Z
Major Change Type
New Listing
Status Change Timestamp
2026-07-28

More Information

Closing Company Details

Closing Company Name
Homelight Title heidi.short@homelight.com (941) 877-2947 Heidi Short
Closing Company Address
2203 N Lois Ave, Ste 710, Tampa, FL 33607

DPR Eligible

DPR Eligible
Yes

Income and Expenses

Gross Income
25200
Net Operating Income
22540
Operating Expense
2659.66

Unit 1 Details

Unit ID
Unit 1
Actual Rent
1200
Unit SqFt
784
Furnished
Unfurnished
Unit Remarks
NA

Unit 2 Details

Unit ID
Unit 2
Actual Rent
900
Unit SqFt
341
Furnished
Unfurnished
Unit Remarks
NA

Location, Tax, and Legal

Tax Account
2728822
Parcel Number
27-37-28-76-00000.0-0292.00
General County Location
South
Elementary School
Harbor City
Middle School
Hoover
High School
Melbourne
Tax Annual Amount
2770.48
Tax Year
2025
Tax Legal Description
INDIAN RIVER BLUFF NO 3 LOT 292 & S 10 FT OF LOT 293
Directions
Take Exit 180 for US-192/New Haven Ave toward Melbourne. Head east on US-192 (W New Haven Ave) toward downtown Melbourne. Continue about 3.5 miles through downtown. Turn right onto Babcock Street. Drive about 0.3 mile. Turn left onto Butler Street. Continue a short distance--421 Butler Street will be on your left

Construction Materials

Concrete
Yes

Cooling

Central Air
Yes
Electric
Yes
Wall/Window Unit(s)
Yes

Current Use

Multi-Family
Yes
Residential
Yes

Heating

Central
Yes
Electric
Yes

Levels

One
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Few Trees
Yes

Possession

Close Of Escrow
Yes

Road Surface Type

Asphalt
Yes

Roof

Membrane
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Electricity Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Listing Office: Keller Williams Realty Brevard
Last Updated: July - 29 - 2026
Information is deemed to be reliable, but is not guaranteed.

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