Video tour
$4,038 Closing Credit¹
#1029816, Patrick PJ McLoughlin Jr., Jennifer Peters, Listing Office: Real Broker, LLC
$389,900 List price
342 Gray Rd Melbourne, FL 32904
$4,630
Closing credit¹
4 beds
3 full
1,094 sqft
0.3 acres
$356 / 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
- 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: 3/15/2025, 12:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$389,900
342 Gray Rd
$4,630
closing credit¹
Sell your home with Rocket and save even more!
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. Typical family type is single, no kids. Most 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
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 $389,900.
In February 2025, from all listings sold in Melbourne, FL there were more than 20 sold above asking price, over 133 sold below and more than 48 were sold right at the asked price. The number of listings in Melbourne, FL increased by 10.1% between January and February 2025. The median list price of listings available in February 2025 was $416,729, while the average time on the real estate market was 69 days.
From Rocket Homes Real Estate and based on county public records data.