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Melbourne 32935 Bowe Gardens
2305 Burns Avenue
$233,000
● House - Off Market

2305 Burns Avenue

Melbourne, FL 32935
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$1,480
Est. Monthly

About This Property

Welcome home to this beautifully updated 4 bedroom, 2 bath home in Melbourne, Florida. Featuring a brand-new 2025 roof, a freshly painted exterior, and quartz countertops with tile backsplash, this property is move-in ready and full of charm. Inside, you'll love the luxury vinyl plank flooring throughout, offering a clean, modern look and easy maintenance. The spacious yard provides plenty of room to relax, entertain, or add your personal touch. With no HOA, you'll enjoy the freedom to make this home truly your own. Priced for a quick sale-don't miss this fantastic opportunity to own a great home in a desirable area of Melbourne!
Unit Size
1,400 Ft²
Days on Market
150 days
Land Size
0.15 acres
Price per sqft
$175
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 8 months ago (Space Coast MLS #1059572)

Price History

Date / Event Date Event Price
Mar 13, 2026 Sold
Premium
Sold
Feb 13, 2026 In contract -
In contract
Oct 24, 2025 Price Decreased $245,000
↓ $4K (1.6%)
Price Decreased
Oct 9, 2025 Listed by Elevate Realty LLC $249,000
Listed by Elevate Realty LLC
Nov 23, 2022 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 585
  • Total Building Area: 1,371
  • Gross Building Area: 1,371
  • Building Area: 1,273
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,273
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOWE GARDENS SEC J 1
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: BOWE GARDENS SEC J 1 LOT 2 BLK N

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064500

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 294
  • Account Number: 2720848
  • Parcel: 27-37-19-03-0000N.0-0002.00
  • Block: N
  • Lot: 2
  • Meridian: SEC 19 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1223
  • Longitude: -80.6593

    Address

  • Full Address: 2305 Burns Ave
  • Address - House Number: 2305
  • Address - Street Name: Burns
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C006
  • 4-Digit Zip Code: 3151
  • Zip Code: 32935

Valuation

    Tax

  • Total Area: 1,318
  • Tax Year: 2022
  • Tax Amount: $308,597
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 246,230
  • High Value: 299,730
  • Low Value: 192,730

    Market Valuation

  • Market Total Value: $174,190

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $174,190

    Sales

  • Current Sale Contract Date: Oct 07, 2020
  • Current Sale Recording Date: Oct 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020225033
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Bowe Gardens

Stats & Trends

Median Asking:

$264,500

Sale Price/ft²

$195

Below Asking

0.04%

Average Days on Market

82

Average Home Size

1251 ft²

Average Home Age

62.8 years

Currently For Sale

16 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 2277 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2277 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith
Unit for rent at 2261 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2261 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith
Unit for rent at 2267 Highland Avenue, Melbourne, FL, 32935

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,597 ft²
2267 Highland Avenue, Melbourne, FL, 32935 Listing by Cheryl L Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Laura Auten, Elevate Realty LLC
Last Updated: 8 months ago
Data Source: Space Coast MLS, MLS# 1059572
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.

Frequently Asked Questions

When was property at 2305 Burns Avenue built and last sold?
The property at 2305 Burns Avenue was built in 1958 and last sold on Oct 7, 2020 for $25,000.
How much is this home worth?
The estimated value of the home located at 2305 Burns Avenue is $250,187.
What are some comparable homes to 2305 Burns Avenue?
There are currently no comparable homes to 2305 Burns Avenue.
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