See Home Value
$390,000
● House - Off Market

1704 Academy Drive

Melbourne, FL 32901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,645 Ft²
$2,011
Est. Monthly
5.70%
Cap Rate

About This Property

Brand new/custom-built and a true one-of-one, this all-concrete block home is located just two blocks from the golf course, 1 mile to Historic Downtown and the mall, 2 miles to the river to launch your boat, and only 4 miles to the beach. Built by a renowned local builder, this home blends quality craftsmanship with modern design. Features include soaring ceilings, luxurious granite and tile bathrooms, and a chef's kitchen with 42'' cabinets, premium finishes, and stainless steel smart appliances. Enjoy peace of mind with hurricane panels, underground electric, and a new HVAC system with a warranty. Fenced backyard. Fresh St. Augustine sod, a $10K+ irrigation system, and a large patio perfect for gatherings. The oversized 2-car garage offers ample storage. No HOA! Walk to parks, restaurants, and more. Bonus: $2,000 closing cost credit with preferred lender (Loan Depot). You won't find a better location than this. Located in the heart of Downtown/Midtown Melbourne, you're just minutes away from top-rated restaurants, great retail, the beach, and the riverfront. This is true central living with unmatched convenience. New construction in this area is incredibly rare and highly sought after. Homes nearby have sold for significantly more, including one just three doors down that closed at $484,900, making this property an exceptional value. This home is custom-built with exceptional quality and attention to detail, offering a one-of-a-kind opportunity in a location that puts everything at your fingertips. You won't find a better combination of location, quality, and value. This is a must-see!
Unit Size
1,645 Ft²
Days on Market
66 days
Land Size
0.16 acres
Price per sqft
$243
Property Type
House
Property Taxes
$51
HOA Dues
-
Year Built
-

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Last updated: 6 months ago (Space Coast MLS #1042314)

Price History

Date / Event Date Event Price
Jun 10, 2025 Sold
Sold
Jun 2, 2025 In contract -
In contract
May 21, 2025 Price Decreased $399,000
↓ $25K (5.9%)
Price Decreased
May 13, 2025 Price Decreased $424,000
↓ $11K (2.5%)
Price Decreased
Apr 12, 2025 Price Decreased $435,000
↓ $7K (1.6%)
Price Decreased
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Property Highlights

Garage
Air Conditioning

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Magnolia Park


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Currently no similar homes around

Nearby Rentals

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  • 1 Bed
  • 1 Bath
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208 W Seminole Avenue #4, FL, 32901 Listing by Nathan Doyle
Unit for rent at 304 Darrow Avenue, Melbourne, FL, 32901

$2,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,759 ft²
304 Darrow Avenue, Melbourne, FL, 32901 Listing by Karen L Brown
Unit for rent at 3204 Pecan Street, Melbourne, FL, 32901

$2,200 /mo

  • 4 Beds
  • 3 Baths
  • 1,322 ft²
3204 Pecan Street, Melbourne, FL, 32901 Listing by Esther J. Platt


Frequently Asked Questions

When was property at 1704 Academy Drive built and last sold?
The property at 1704 Academy Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1704 Academy Drive is $0.
What are some comparable homes to 1704 Academy Drive?
There are currently no comparable homes to 1704 Academy Drive.