13 hours on RocketTour
$4,245 Closing Credit¹
#1047820, Jeannette E Aratare, Patti Bradshaw, Listing Office: HomeSmart Coastal Realty
$377,000 List price
342 Gray Rd Melbourne, FL 32904
$4,477
Closing credit¹
4 beds
3 full
1,094 sqft
0.3 acres
$345 / sqft
House
Property details
About 342 Gray Rd
This fully renovated 3 bedroom, 2 bathroom home, paired with a renovated, INCOME-PRODUCING detached 1 bedroom, 1 bathroom unit, offers a unique opportunity for both living and earning. The main home has been completely transformed from floor to ceiling, including a new roof, brand-new HVAC system, and newer appliances. The partially fenced yard offers privacy and versatility, complete with two detached storage sheds, including an impressive 20x20 structure. Conveniently located just minutes from dining and shopping and only 10 miles from Melbourne's beaches, this property combines modern living with an incredible location. Whether you're looking for a home with extra income potential or simply a fresh start, this one has it all!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Split System
Size1,094 sqft
Lot size0.33 Acres
Year built1935
ParkingAttached,Unassigned
MLS #1032914
Attached garageYes
Virtual tour
Summary
- Full Bathrooms: 3
- Appliances: Convection Oven, Dishwasher, Electric Water Heater, Microwave, Refrigerator
- Flooring Type: Laminate,Terrazzo,Tile
- Interior: Ceiling Fan(s),In-Law Floorplan,Primary Bathroom - Shower No Tub
- Total Bedroom Count: 4
- Attached Garage: Yes
- Parking: Attached,Unassigned
- Heating: Central, Electric
- Cooling: Central Air, Split System
- List Price: $377,000
- Price/SqFt: $344
- Annual Tax Amount: $2,443
- Tax Year: 2023
- Lot: Dead End Street
- Directions: From I-95 Take exit 180 toward US-192/West Melbourne and head east onto 192. Go for 1.7 miles and turn left onto Gray Rd. Go 0.3 miles and home is on the right.
- Year Built: 1935
- Stories: 1
- Living Area: 1,094 SqFt
- Lot Size: 0.33 Acres
- MLS Number: 1032914
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: Keystone Residential Group
- Office Phone: (407) 556-3249
- Listing Agent: Lisa Bertossa
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: 6/3/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$377,000
342 Gray Rd
$4,477
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 30, 2023 | Home Sold | $116,000 |
| Jun 03, 2004 | Home Sold | $64,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $107,440 | $2,443 |
| 2022 | $97,020 | $2,204 |
| 2021 | $83,670 | $2,204 |
History based on county public records data.
Nearby schools
10
Educational Horizons Charter
Public Charter KG-6
0.4 mi
•1281 S Wickham Rd
10
W. Melbourne Elementary School for Science
Public District PK-6
0.8 mi
•2255 Meadowlane Ave
7
Meadowlane Intermediate Elementary School
Public District 3-6
1.7 mi
•2700 Wingate Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,709. Residents of Melbourne, FL typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
27%
<35k
53%
35k-100k
16%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
41%
Single, No Kids
10%
Single, with Kids
31%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
41%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Stein Mart
Kmart
Family Dollar
Where do the neighbors go to eat?
Bob Evans
Dominos Pizza
Arbys
What do the neighbors drive?
Lincoln
Buick
Ford
What do the neighbors listen to?
News/Talk/Information
Oldies
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 342 Gray Rd
The listing price of 342 Gray Rd property is $377,000.
The property 342 Gray Rd is a house located in Melbourne, Florida, 32904.
Active Listing: 342 Gray Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 342 Gray Rd are: Educational Horizons Charter (GreatSchools Rating 10/10), W. Melbourne Elementary School for Science (GreatSchools Rating 10/10), Meadowlane Intermediate Elementary School (GreatSchools Rating 7/10), Central Middle School (GreatSchools Rating 4/10), Pineapple Cove Classical Academy at West Melbourne (GreatSchools Rating 6/10), L. B. Johnson Middle School (GreatSchools Rating 5/10), West Shore Junior/Senior High School (GreatSchools Rating 10/10), Melbourne High School (GreatSchools Rating 5/10), Eau Gallie High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $2,443 (source: MLS/based on county public records data).
The last sale was on January 30, 2023 for $116,000 (source: MLS/tax record).
The property at 342 Gray Rd has 4 bedrooms and 3 bathrooms.
The property 342 Gray Rd is 1,094 SqFt (source: MLS/tax record).
The year of construction for 342 Gray Rd is 1935.
This home is located at 342 Gray Rd in Melbourne, FL and zip code 32904. This 1,094 square foot home, which was built in 1935, sits on a 0.33 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 31, 2024 and is currently priced at $377,000.
While more than 23 listings in Melbourne, FL in May 2025 were sold above asking price, there were more than 49 listings sold at asking price, and more than 189 were sold below. Between April and May 2025, Melbourne, FL real estate market has seen increase in the number of listings by 4.9%. In May 2025, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $408,853.
From Rocket Homes Real Estate and based on county public records data.