$1,661

closing credit¹

243 Cambridge Ln Unit 243 Melbourne, FL 32935

$139,900
2 beds
1 full
815 sqft
0.06 acres
$172 / sqft
Condo

Property details

About 243 Cambridge Ln Unit 243

Nice 6.7+% CAP Rate. Check out this second floor unit with views overlooking the pool! 2 Bed Condo. Similar units receiving $1,300/month (Subtract $355 Maintenance Fee & $109/month Taxes make the 6.7+ CAP rate) Check out this second floor unit with views overlooking the pool and golf course! This 2 bedroom 1 bathroom unit has ample living space. Close to restaurants, shopping and short drive to our beautiful river, beaches and Wickham park. This complex has a community pool, tennis courts, Basketball Court, Pickle Ball Courts, laundry facilities and playground for all to enjoy. Small storage room located on your back balcony for extra storage.

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size815 sqft
Lot size0.06 Acres
Year built1977
ParkingAssigned,Other
MLS #1029590
ViewPool

Virtual tour

Summary

  • MLS Number: 1029590
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: Atlantic Properties & Inv, Inc
  • Office Phone: (321) 779-9999
  • Office Email: gene@atlantic321.com
  • Listing Agent: Gene Lewis

IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 6:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of entrance to property

$139,900

243 Cambridge Ln Unit 243

$1,661

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Dr. W. J. Creel Elementary School

Public District PK-6

1.0 mi

2000 Glenwood Dr

4

Croton Elementary School

Public District PK-6

1.1 mi

1449 Croton Rd

3

Sabal Elementary School

Public District PK-6

1.2 mi

1401 N Wickham Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,983. The majority of Melbourne, FL residents have income less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

48%
<35k
46%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
15%
Single, with Kids
18%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
29%
18-34 yrs old
38%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Pro BoxingPro Boxing
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Forever 21Forever 21
  • BurlingtonBurlington
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • MazdaMazda
  • DodgeDodge
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 243 Cambridge Ln Unit 243

This home is located at 243 Cambridge Ln Unit 243 in Melbourne, FL and zip code 32935. This 815 square foot home, which was built in 1977, sits on a 0.06 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $139,900.

In December 2024 more than 13 listings in Melbourne, FL were sold above the asking price. During the same period more than 38 listings were sold at asking price, while more than 180 were sold below. In December 2024 in Melbourne, FL there were 2.5% more homes for sale than in November. While the average time on the market in December 2024 was 59 days, the median list price was $420,000.

From Rocket Homes Real Estate and based on county public records data.

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