new - 6 days on rocket

342 Gray Rd, Melbourne, FL, 32904

$399,900

Home List Price

$4,749*

Closing Credit

4 Bedrooms
3 Full Baths
1,094 SqFt
$366/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

342 Gray Rd, Melbourne$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Unassigned
Attached GarageYes
Year Built1935
HeatingCentral, Electric
CoolingCentral Air, Split System
MLS #1032914
Lot Size0.33 Acres
StatusActive

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!

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Stories: 1
  • Living Area: 1,094 SqFt

Listing Office:

  • Office Name: Keystone Residential Group
  • Office Phone: (407) 556-3249
  • Listing Agent: Lisa Bertossa

Interior Features

Interior Information:

  • 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

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Unassigned

Virtual/3D Tour

  • Virtual Tour: 342 Gray Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Dead End Street
  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Split System

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $366/SqFt

Tax Information:

  • Annual Amount: $1,992
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Melbourne, FL.

Map thumbnail provided by MapBox

Melbourne, FL

City

Med. Sold Price

$420K

Med. Price/SqFt

$236

Avg. Days On Market

59

# of Sold Homes

231

342 Gray Rd vs Melbourne

6 DAYS ON ROCKET

-53 Days

$399,900

-$20.1K Less

$366/SqFt

+$129 More

KEY TAKEAWAY

This property is $20.1K less than the Median Sold Price and $129/SqFt more than other homes in Melbourne, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1032914

Listing Office:

  • Office Name: Keystone Residential Group
  • Office Phone: (407) 556-3249
  • Listing Agent: Lisa Bertossa

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: 1/6/2025, 11:51:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 03, 2004Home Sold
$64,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,992$78,230
2019$1,868$76,170
2018$1,809$73,760
2017$1,809$68,160

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-733694
8
/10

  • Educational Horizons Charter

  • 1281 S Wickham Rd

  • 0.42 miles

  • Public Charter Grades KG-6

school-card-donut-733695
10
/10

  • W. Melbourne Elementary School for Science

  • 2255 Meadowlane Ave

  • 0.84 miles

  • Public District Grades PK-6

school-card-donut-733696
5
/10

  • Meadowlane Intermediate Elementary School

  • 2700 Wingate Blvd

  • 1.67 miles

  • Public District Grades 3-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,709. Most Melbourne, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 342 Gray Rd

What is the listing price of this property?

The listing price of 342 Gray Rd property is $399,900.

What type of property is this?

The property 342 Gray Rd is a house located in Melbourne, Florida, 32904.

Is this property for sale now?

Active Listing: 342 Gray Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,992 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 3, 2004 for $64,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 342 Gray Rd has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 342 Gray Rd is 1,094 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 342 Gray Rd is 1935.

Rocket Homes›Florida›Brevard County›Melbourne›32904›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 $399,900.

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. The number of listings in Melbourne, FL increased by 2.5% between November 2024 and December 2024. In December 2024 median list price was $420,000 and the average listing age was 59 days.

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

More Resources