Welcome to 112 Lagoon Ave, where Florida living, flexibility, and thoughtful updates come together just minutes from Downtown Melbourne and the Indian River! This spacious 4-bedroom, 3-bath pool home offers an open-concept layout, versatile additional living space, and an impressive backyard designed for enjoying the Florida lifestyle.Inside, the main living areas feature beautiful wood-look tile flooring, exposed wood accents, abundant natural light, and an open living, dining, and kitchen desi...Welcome to 112 Lagoon Ave, where Florida living, flexibility, and thoughtful updates come together just minutes from Downtown Melbourne and the Indian River! This spacious 4-bedroom, 3-bath pool home offers an open-concept layout, versatile additional living space, and an impressive backyard designed for enjoying the Florida lifestyle.Inside, the main living areas feature beautiful wood-look tile flooring, exposed wood accents, abundant natural light, and an open living, dining, and kitchen design. The remodeled kitchen features quartz countertops, white cabinets, stainless steel appliances, farmhouse sink, tile backsplash, pendant lighting, and a large island with seating. The oversized primary suite is a standout, offering generous closet space and a beautifully remodeled bathroom with dual vessel sinks, quartz countertops, freestanding soaking/jetted tub, oversized glass-enclosed walk-in shower with multiple shower heads, wood-look tile, and custom cabinetry. Additional bathrooms have also been updated with tile showers and modern finishes.Adding tremendous versatility is approximately 346 sq. ft. of additional air-conditioned living space currently configured as a private guest/in-law suite with its own exterior entrance and patio, bedroom, closet, living area, kitchenette, full bathroom, and dedicated mini-split A/C. Currently utilized as a short-term rental, this flexible space offers excellent possibilities for guests, extended family, a private home office, or potential supplemental income.Step outside to your own private Florida retreat featuring a large swimming pool, expansive paver patio, covered outdoor entertaining area with bar, fire pit, tropical landscaping, and fenced backyard--plenty of room for relaxing, entertaining, gardening, or simply enjoying the sunshine.Major improvements include a 2021 roof, 2021 American Standard HVAC system, solar panels installed in 2025, and upgraded electrical panel in 2025. The home also features a two-car garage and multiple access points to the outdoor living areas.Conveniently located in an established Melbourne neighborhood near Downtown Melbourne, the Indian River, shopping, dining, medical facilities, major roadways, and a short drive to the beaches, this property combines location, space, flexibility, and the Florida lifestyle in one unique package.