When was property at 1948 Wallace Avenue built and last sold?

The property at 1948 Wallace Avenue was built in 1962 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 1948 Wallace Avenue is $300,885.

What are some comparable homes to 1948 Wallace Avenue?

There are currently no comparable homes to 1948 Wallace Avenue.

Melbourne

32935

Bowe Gardens

1948 Wallace Avenue

$275,000

● House - Off Market

1948 Wallace Avenue

Melbourne, FL 32935

4 Beds

2 Baths

1,276 Ft²

$1,720

Est. Monthly

10.23%

Cap Rate

About This Property

This centrally located single-family pool home offers 4 bedrooms, 2 bathrooms, a convenient laundry room, and a brand new AC. It also features a screened-in pool & patio, a shed with electricity, fenced in yard, and a one car garage. Don't miss out on this opportunity to have your own private pool while living minutes from the beaches, shopping, and the highway. It is the perfect blend of convenience and coastal living!

Unit Size

1,276 Ft²

Days on Market

192 days

Land Size

0.18 acres

Price per sqft

$234

Property Type

House

Property Taxes

$251

HOA Dues

Year Built

1962

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Space Coast MLS #976101)

Price History

Date / Event	Date	Event
Feb 27, 2026	Sold	Premium
Sold
Jan 31, 2026	In contract	-
In contract
Jan 7, 2026	Listed by LPT Realty, LLC	$299,000
Listed by LPT Realty, LLC

	Welcome to your ideal Florida retreat! This charming single-family pool home offers 4 comfortable bedrooms, 2 well-maintained bathrooms, and a convenient laundry room, all designed for easy living. A brand-new roof ensuring peace of mind for years to come. Step outside to your private screened-in pool and patio, perfect for enjoying the sunshine or hosting gatherings. The fully fenced yard includes a powered shed, ideal for storage or hobbies, and a one-car garage for added convenience. Situated in a prime location just minutes from the beaches, shopping, and major highways, this home blends comfort, practicality, and the coastal lifestyle you've been dreaming of.
Mar 6, 2025	Price Increased	$315,000 ↑ $17K (5.7%)
Price Increased
Mar 2, 2025	Relisted	$298,000
Relisted
Jan 11, 2025	In contract	-
In contract
Jan 6, 2025	Price Decreased	$298,000 ↓ $52K (14.9%)
Price Decreased
Dec 20, 2024	Listed	$350,000
Listed

	Welcome to your ideal Florida retreat! This charming single-family pool home offers 4 comfortable bedrooms, 2 well-maintained bathrooms, and a convenient laundry room, all designed for easy living. A brand-new roof ensuring peace of mind for years to come. Step outside to your private screened-in pool and patio—perfect for enjoying the sunshine or hosting gatherings. The fully fenced yard includes a powered shed, ideal for storage or hobbies, and a one-car garage for added convenience. Situated in a prime location just minutes from the beaches, shopping, and major highways, this home blends comfort, practicality, and the coastal lifestyle you've been dreaming of. Don't miss this incredible opportunity!
Apr 5, 2024	Sold	Premium
Sold
Sep 26, 2023	Listed by Waterman Real Estate, Inc.	$299,000
Listed by Waterman Real Estate, Inc.

Property Highlights

Garage

Parking Available

Air Conditioning

Building Info

Overview

General

Year Built: 1962

Effective Year Built: 1995
Building Count: 1
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 7
Building Condition: 0
Building Quality: 10
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 285
Parking Space Count: 1
Patio Type: 69
Porch Type: 59
Pool Type: 8
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 7,841

Lot Size Depth Feet: 1,000
Lot Size Frontage Feet: 711
Total Building Area: 1,753
Gross Building Area: 1,753
Building Area: 1,276
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,276
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: BOWE GARDENS SEC K 2
Land Acres: 0000000180
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: BOWE GARDENS SEC K 2 LOT 20 BLK G

Neighborhood

School District Name: Brevard County School District

Census Tract: 064400

Zoning

Zoning: R1A

Geography

Assessors Map Reference: 295

Account Number: 2723424
Parcel: 27-37-20-51-0000G.0-0020.00
Block: G
Lot: 20
Meridian: SEC 20 TWN 27S RNG 37E
Municipality: MELBOURNE
Latitude: 28.119
Longitude: -80.6527

Address

Full Address: 1948 Wallace Ave

Address - House Number: 1948
Address - Street Name: Wallace
Address - Suffix Type: Ave
State: FL
City Name: Melbourne
Carrier Code: C024
4-Digit Zip Code: 3964
Zip Code: 32935

Valuation

Tax

Total Area: 1,495

Tax Year: 2022
Tax Amount: $301,764
Tax Rate Code Area: 53K0

Appraisal Valuation

Standard Deviation: 0.0843

Valuation Date: Jan 03, 2024
Confidence Score: 93
Final Value: 307,210
High Value: 333,138
Low Value: 281,283

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $192,900

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $192,900

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Bowe Gardens

Stats & Trends

Median Asking:

$262,700

Sale Price/ft²

$191

Below Asking

0.03%

Average Days on Market

Average Home Size

1254 ft²

Average Home Age

63.7 years

Currently For Sale

20 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1211 Houston Street, Melbourne, FL, 32935

$2,750 /mo

3 Beds
2 Baths
1,476 ft²

1211 Houston Street, Melbourne, FL, 32935 Listing by Beth Fox-Kobel

Unit for rent at 905 N Harbor City Boulevard, Melbourne, FL, 32935

$2,800 /mo

3 Beds
2 Baths
1,713 ft²

905 N Harbor City Boulevard #204, Melbourne, FL, 32935 Listing by Richard D Lemon

Unit for rent at 816 Hunters Creek Drive, West Melbourne, FL, 32904

$2,800 /mo

3 Beds
2 Baths
1,598 ft²

816 Hunters Creek Drive, West Melbourne, FL, 32904 Listing by Danyel Nicole Choban

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Amanda R Dalton, Waterman Real Estate, Inc.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 976101

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

1948 Wallace Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Bowe Gardens

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions