2814 Lorna Dr, Melbourne, FL 32935

Exceptional Value and Potential in Melbourne!

This spacious 4-bedroom, 2-bathroom single-family home at 2814 Lorna Dr offers 1,526 sqft of living space on a generous 8,712 sqft lot and was built in 1964.This is a truly remarkable outlier in a market where the median sold price for 4-bedroom homes in Melbourne has increased by 5.5% year-over-year to $575,000 as of June 2025. The property’s last recorded sale was in 2018 for $157,000, but a recent estimate places its value at over $280,000, indicating a potential for significant, immediate equity. With the Melbourne market currently in a balanced state, properties with these characteristics at an affordable price are highly sought after by both homeowners and investors alike, especially given the strong rental demand for 4-bedroom homes in the area, with average rents ranging from approximately $2,100 to over $4,000.