Mar y Sol Properties

121 & 127 Ocean View Lane, Melbourne, FL 32903 (MLS# 1050828)


$732,000
121 & 127 Ocean View Lane
Melbourne, FL 32903
MLS# 1050828
Status: Closed
6 beds  |  3454 sqft


121 Ocean View Ln., Indialantic, FL 3290
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Property Description
Beachside Duplex Gem in the Heart of Indialantic. Opportunity knocks with this updated and income-ready duplex, perfectly located just one block from the beach on a quiet, sought-after lane in Indialantic. Whether you're expanding your portfolio, looking for a vacation home with rental income, or securing a smart multi-generational setup, this property checks all the boxes. Each side of this one-story duplex offers 3 bedrooms, 2 bathrooms, a private 1-car garage, and spacious living areas designed for comfort and functionality. Balconies off the living room and primary bedroom provide the perfect spot to enjoy the breeze and laid-back coastal living. The zoning allows for flexible use, and the property has been tastefully updated with modern finishes. It can also be sold fully furnished for an easy, turn-key transition. The setup is ideal for short or long-term rentals, seasonal use, or owner-occupancy with income on the side. Located just steps from Paradise Beach Park and within

Details
Maps
Documents
Contract Information
Start Showing Date: 2025-07-07
Current Price: $732,000
Original List Price: 739900
Sold Price: $732,000
Status: Closed
Listing Contract Date: 2025-07-03
Property Sub Type: Duplex
Location, Tax, and Legal
Tax Account: 2725990
Parcel Number: 27-37-24-02-00000.0-0032.00
General County Location: South
Elementary School: Indialantic
Middle School: Hoover
High School: Melbourne
Tax Annual Amount: 9618.7
Tax Year: 2023
Directions: From Highway A1A, turn West onto Ocean View Ln, 121-127 will be on the left.
General Property Information
Number Of Buildings: 1
Number Of Units Total: 2
Bathrooms Half: 0
Living Area: 2661
Building Area Total: 3454
Lot Size Acres: 0.24
Lot Size Square Feet: 10454
Association YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Water Body Access YN: No
Furnished: Negotiable
List Price/SqFt: 278.05
Sold Price/SqFt: 275.08
Bedrooms Total: 6
Year Built: 1999
Remarks and Miscellaneous
Public Remarks: Beachside Duplex Gem in the Heart of Indialantic. Opportunity knocks with this updated and income-ready duplex, perfectly located just one block from the beach on a quiet, sought-after lane in Indialantic. Whether you're expanding your portfolio, looking for a vacation home with rental income, or securing a smart multi-generational setup, this property checks all the boxes. Each side of this one-story duplex offers 3 bedrooms, 2 bathrooms, a private 1-car garage, and spacious living areas designed for comfort and functionality. Balconies off the living room and primary bedroom provide the perfect spot to enjoy the breeze and laid-back coastal living. The zoning allows for flexible use, and the property has been tastefully updated with modern finishes. It can also be sold fully furnished for an easy, turn-key transition. The setup is ideal for short or long-term rentals, seasonal use, or owner-occupancy with income on the side. Located just steps from Paradise Beach Park and within
Appliances
Dishwasher: 1
Electric Range: 1
Refrigerator: 1
Closing Company Details
Closing Company Name: Goldman, Monaghan, Thakkar & Bettin, P.A.
Closing Company Address: 96 Willard Street, Suite 302 Cocoa, FL 32922
Construction Materials
Block: 1
Cooling
Central Air: 1
Current Use
Residential: 1
DPR Eligible
DPR Eligible: Yes
Heating
Central: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Unit 1 Details
Unit ID: 121
Actual Rent: 1
Unit SqFt: 1330
Beds Total: 3
Furnished: Negotiable
Unit Remarks: 121
Unit 2 Details
Unit ID: 127
Actual Rent: 1
Unit SqFt: 1330
Beds Total: 3
Furnished: Negotiable
Unit Remarks: 127
Utilities
Cable Connected: 1
Electricity Connected: 1
Water Source
Public: 1
Location Tax and Legal
Street Number: 121 & 127
Street Name: Ocean View
Street Suffix: Lane
County: Brevard
State: FL
Postal Code: 32903
MLS Area Major: 383 - N Indialantic
Subdivision Name: Ocean View Estates
Status Change Information
Major Change Timestamp: 2025-09-16T15:58:26Z
Major Change Type: Status Change
Status Change Timestamp: 2025-09-16
Purchase Contract Date: 2025-07-15
Close Date: 2025-09-15
Close Price: 732000
Property Features
Appliances: Dishwasher; Electric Range; Refrigerator
Construction Materials: Block
Cooling: Central Air
Current Use: Residential
Heating: Central
Sewer: Public Sewer
Special Listing Conditions: Standard
Utilities: Cable Connected; Electricity Connected
Water Source: Public
Supplements
walking distance to popular local spots like Bunky's Raw Bar, Ichabod's Beachside, and a mix of great restaurants and boutiques, this duplex puts you in the center of everything that makes Indialantic so desirable. Enjoy close proximity to major employers, top-rated schools, and all the perks of Space Coast living, including rocket launch views from your own backyard. This is a rock-solid beachside investment with long-term upside and lifestyle appeal.

Listing Office: Glover Properties

Last Updated: April - 24 - 2026

Information is deemed to be reliable, but is not guaranteed.