See Home Value
$510,000
● House - Off Market

2501 Reed Avenue

Melbourne, FL 32901
bedrooms
5 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,320 Ft²
$3,035
Est. Monthly
6.58%
Cap Rate

About This Property

Motivated Seller! One of the MOST WELL PRICED properties in South Brevard based on square footage! 3,320 SFL Under Air! 4,580 SF Total! Five bedrooms, 3 full baths, 2 half baths.  Oversized, side-entry 3 Car Garage. Over a third of an acre corner lot with fenced backyard and boat/RV parking options. Metal Roof. Impact doors and windows.  Designer touches throughout - rounded corners, tray ceiling, art niches, granite counters and more. Formal living and dining rooms plus large family room downstairs. Large kitchen with plenty of cabinet/counter space. First floor master suite with spacious bedroom, two walk-in closets, garden tub, walk-in shower and access to the rear porch. Upstairs features 4 Bedrooms, 2 Baths and a flex space leading to the private deck overlooking the backyard and Crane Creek Reserve Golf Course.  Plenty of room for a pool! No Homeowner's Association! No Rental Restrictions!  Walk to Florida Tech, golf, Downtown Melbourne and more. A MUST SEE!
Unit Size
3,320 Ft²
Days on Market
37 days
Land Size
0.32 acres
Price per sqft
$166
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
2003

Payment Calculator

Cap Rate Calculator

Last updated: 6 months ago (Space Coast MLS #1022768)

Price History

Date / Event Date Event Price
Sep 27, 2024 Sold
Sold
Sep 3, 2024 In contract -
In contract
Aug 14, 2024 Listed by Melbourne Realty, Inc. $549,900
Listed by Melbourne Realty, Inc.
Sep 11, 2013 Sold
Sold
Mar 26, 2012 Listed by Coston Appraisal & Research $279,900
Listed by Coston Appraisal & Research
Just Reduced!!!! Beautiful well maintained move in ready 5 bedroom home behind the Crane Creek Golf Course. Hardwood and tile floors, granite counters, 3-car garage!! Fenced yard with room for pool. Both A/C systems replaced. You will not be dissappointed. Very convenient area of Melbourne, just minutes to shopping or the beach!!
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 19
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 759
  • Parking Space Count: 3
  • Patio Type: 60
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,580
  • Gross Building Area: 4,580
  • Building Area: 3,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY CLUB TERRACE
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: COUNTRY CLUB TERRACE LOT 1 BLK A EXC ORB 3419 PG 2822

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064901

Zoning

  • Zoning: R1AA

Geography

  • Assessors Map Reference: 333
  • Account Number: 2823193
  • Parcel: 28-37-09-28-0000A.0-0001.00
  • Block: A
  • Lot: 1
  • Meridian: SEC 09 TWN 28S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.0712
  • Longitude: -80.6309

    Address

  • Full Address: 2501 Reed Ave
  • Address - House Number: 2501
  • Address - Street Name: Reed
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C019
  • 4-Digit Zip Code: 6835
  • Zip Code: 32901

Valuation

    Tax

  • Total Area: 3,892
  • Tax Year: 2022
  • Tax Amount: $377,847
  • Tax Rate Code Area: 34K0

    Appraisal Valuation

  • Standard Deviation: 0.2448
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 65
  • Final Value: 598,732
  • High Value: 745,347
  • Low Value: 452,117

    Market Valuation

  • Market Total Value: $472,590

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $256,640

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 06, 2013
  • Current Sale Recording Date: Sep 11, 2013
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013202858
  • Previous Sale Recording Date: Sep 03, 1993
  • Previous Sale Contract Date: Aug 20, 1993
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Country Club Terrace


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2220 Front Street, Melbourne, FL, 32901

$3,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,791 ft²
2220 Front Street #303, Melbourne, FL, 32901 Listing by Justin Luke
Unit for rent at 1208 E River Drive, Melbourne, FL, 32901

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,898 ft²
1208 E River Drive #401, Melbourne, FL, 32901 Listing by Shannon Barnhart


Frequently Asked Questions

When was property at 2501 Reed Avenue built and last sold?
The property at 2501 Reed Avenue was built in 2003 and last sold on Sep 6, 2013 for $270,000.
How much is this home worth?
The estimated value of the home located at 2501 Reed Avenue is $555,399.
What are some comparable homes to 2501 Reed Avenue?
There are currently no comparable homes to 2501 Reed Avenue.