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704 E Lincoln

Melbourne, FL 32901
  • $784,500
  • STATUS: Active
  • ON SITE: 121 Days
  • MLS #: 1025209
Price Reduced
UPDATED: 43 min ago
$784,500
  • 4
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,619
    SQFT
  • $300
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1926
County:

School Information

Elementary School:
Middle School:
High School:

Description

TURN-KEY vacation rental investment opportunity 2 blocks from Historic Downtown. Operated as a professionally managed STR since 2018, the Lincoln Guest House has broad appeal to vacationers, students and professionals. This Spanish Colonial quadraplex apartment offers four one-bedroom/one-bath apartments metered separately. The units are fully furnished and thoughtfully decorated with a mix of modern aesthetic and old-Florida charm. The quad is within walking distance of restaurants, bars, shops with Indialantic beaches just over the causeway and easy access to US1 and A1A. Established STR operation with high occupancy currently listed on Airbnb, VRBO, direct website and mid-term channels. Professionally managed, property has a long income history, streamlined operations and software stack to optimize occupancy and rates. This is a great passive investment opportunity, turnkey self-managed STR or 1031 exchange. Professional management with Superhost status can continue.

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© 2025 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than World Impact Real Estate are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or World Impact Real Estate.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-01-19T17:09:22.06.
www.searchingfloridaproperties.com/homes/155440124
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704 E Lincoln Melbourne, FL 32901

  • Price: $784,500
  • Status: Active
  • On Site: 121 Days
  • Updated: 43 min ago
  • MLS #: 1025209
4
Beds
0
Baths
0
½ Baths
0.2
Acres
2,619
SQFT
$300
$/SQFT
1926
Built
Neighborhood:
Camps Plat Of Melbourne
County:
Brevard
Area:
330 - Melbourne - Central
Elementary School:
Harbor City
Middle School:
Hoover
High School:
Melbourne
Property Description
TURN-KEY vacation rental investment opportunity 2 blocks from Historic Downtown. Operated as a professionally managed STR since 2018, the Lincoln Guest House has broad appeal to vacationers, students and professionals. This Spanish Colonial quadraplex apartment offers four one-bedroom/one-bath apartments metered separately. The units are fully furnished and thoughtfully decorated with a mix of modern aesthetic and old-Florida charm. The quad is within walking distance of restaurants, bars, shops with Indialantic beaches just over the causeway and easy access to US1 and A1A. Established STR operation with high occupancy currently listed on Airbnb, VRBO, direct website and mid-term channels. Professionally managed, property has a long income history, streamlined operations and software stack to optimize occupancy and rates. This is a great passive investment opportunity, turnkey self-managed STR or 1031 exchange. Professional management with Superhost status can continue.
Exterior Features

Attached Garage YN No Carport Spaces 1 Carport YN Yes Construction Materials BlockStucco Direction Faces South Exterior Features BalconyStorm Shutters Fencing Chain LinkWood Garage YN No Levels [] Lot Features [] Other Structures [] Parking Features Additional ParkingAttached CarportOff Street Parking Total 5 Road Frontage Type City Street Road Surface Type Asphalt Roof Other View [] Waterfront Features [] Waterfront YN No

Interior Features

Appliances DishwasherDisposalElectric CooktopElectric OvenElectric RangeInduction CooktopMicrowaveRefrigerator Building Area Total 2956 Cooling [] Fireplace Features [] Fireplace YN Yes Fireplaces Total 2 Flooring TileWood Furnished Negotiable Heating ElectricSeparate MetersIndividual Heating YN Yes Stories 2 Stories Total 2 Unit1 Details Beds Total 1 Unit1 Furnished Negotiable Unit1 Sq Ft 647 Unit2 Details Beds Total 1 Unit2 Furnished Negotiable Unit2 Sq Ft 647

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Current Use InvestmentResidential Electric [] Green Energy Efficient HVAC Green Water Conservation [] Income Includes [] Laundry Features [] Listing Terms CashConventionalVA Loan New Construction YN No Owner Pays [] Pool Features [] Property Sub Type Quadruplex Security Features [] Senior Community YN No Sewer Public Sewer Spa Features [] Special Listing Conditions Corporate OwnedOwner Licensed RE Tax Annual Amount 7074 Tax Legal Description CAMPS PLAT OF MELBOURNE LOT 14 BLK 36 Tax Year 2023 Tenant Pays [] Unit1 Actual Rent 2400 Unit2 Actual Rent 2400 Utilities Electricity AvailableElectricity ConnectedSewer ConnectedWater Connected Water Source Public

Listing provided courtesy of Pineapple Place Realty, LLC: (407) 497-8563.
© 2025 Space Coast Association of REALTORS®, Inc. All Rights Reserved.


© 2025 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than World Impact Real Estate are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or World Impact Real Estate.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-01-19T17:09:22.06.
 
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World Impact Real Estate
4507 Furling Lane, Suite #203
Destin FL, 32541