When was property at 503 2nd Avenue built and last sold?

The property at 503 2nd Avenue was built in 1971 and last sold on Feb 16, 2021 for $352,000.

How much is this home worth?

The estimated value of the home located at 503 2nd Avenue is $0.

What are some comparable homes to 503 2nd Avenue?

There are currently no comparable homes to 503 2nd Avenue.

Melbourne Beach

32951

503 2nd Avenue

Sold on Jun 24, 2024

Map

$625,000

● House - Off Market

503 2nd Avenue

Melbourne Beach, FL 32951

3 Beds

2 Baths

1,302 Ft²

$3,779

Est. Monthly

2.88%

Cap Rate

About This Property

Live where everyone else wants to drive every day in the most attractive location of MB!

300 feet to the River, 3 blocks to our gorgeous huge beaches and then walk to town for a delicious meal or vino!

A diamond in the rough! Most of the big improvements are completed...just awaiting some finishing touches.

2022 -Underground Electric, entire AC, Plumbing, Lighting, Baseboards, Impact sliders and doors, garage door, Tankless WH, Outdoor shower, Fences and gates.

Unit Size

1,302 Ft²

Days on Market

36 days

Land Size

0.26 acres

Price per sqft

$482

Property Type

House

Property Taxes

$695

HOA Dues

Year Built

1971

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Space Coast MLS #1014346)

Price History

Date / Event	Date	Event
Jun 24, 2024	Sold	Premium
Sold
May 30, 2024	In contract	-
In contract
May 23, 2024	Price Decreased	$628,000 ↓ $27K (4.1%)
Price Decreased
May 18, 2024	Listed by Prominent Properties of FL,LLC	$655,000
Listed by Prominent Properties of FL,LLC
Feb 17, 2021	Sold	Premium
Sold
Nov 8, 2000	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1971

Effective Year Built: 1995
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 7
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: 554
Parking Space Count: 2
Patio Type: 69
Porch Type: 126
Pool Type: 8
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 11,326

Lot Size Depth Feet: 1,150
Lot Size Frontage Feet: 964
Total Building Area: 1,955
Gross Building Area: 1,955
Building Area: 1,302
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,302
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: WILCOX PLAT OF MELBOURNE BEACH RESUBD OF
Land Acres: 0000000260
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: WILCOX PLAT OF MELBOURNE BEACH RESUBD OF BLKS 11,20,21,30 & 31 LOT 3 EX S 35 FT BLK 11

Neighborhood

School District Name: Brevard County School District

Census Tract: 066101

Zoning

Zoning: 3RS

Geography

Assessors Map Reference: 336

Account Number: 2847683
Parcel: 28-38-07-02-00011.0-0003.01
Block: 11
Lot: 3
Meridian: SEC 07 TWN 28S RNG 38E
Municipality: MELBOURNE BEACH
Latitude: 28.0662
Longitude: -80.5637

Address

Full Address: 503 2nd Ave

Address - House Number: 503
Address - Street Name: 2nd
Address - Suffix Type: Ave
State: FL
City Name: Melbourne Beach
Carrier Code: C002
4-Digit Zip Code: 2511
Zip Code: 32951

Valuation

Tax

Total Area: 1,703

Tax Year: 2022
Tax Amount: $803,166
Initial Tax Delinquent Year: 2022
Tax Rate Code Area: 34X0

Appraisal Valuation

Standard Deviation: 0.1933

Valuation Date: Jan 03, 2024
Confidence Score: 74
Final Value: 616,050
High Value: 735,182
Low Value: 496,917

Market Valuation

Market Total Value: $510,090

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $510,090

Sales

Current Sale Contract Date: Feb 16, 2021

Current Sale Recording Date: Feb 17, 2021
Current Sale Price:

Premium
Current Sale Document Type: 69
Current Sale Input Document Number: 2021038617
Previous Sale Recording Date: Nov 08, 2000
Previous Sale Contract Date: Nov 06, 2000
Previous Sale Amount: $156,500
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium

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

Request mortgage information redaction

Comparables

About Melbourne Beach

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$413

Below Asking

0.02%

Average Days on Market

Average Home Size

2517 ft²

Average Home Age

51.8 years

Currently For Sale

25 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 210 6th Avenue, Indialantic, FL, 32903

$2,300 /mo

1 Bed
1 Bath
580 ft²

210 6th Avenue #7, Indialantic, FL, 32903 Listing by Scott M Bouchard

Unit for rent at 1706 Atlantic Street, Melbourne Beach, FL, 32951

$2,300 /mo

2 Beds
2 Baths
1,575 ft²

1706 Atlantic Street #3B, Melbourne Beach, FL, 32951 Listing by Eric S Van Dam

Unit for rent at 1700 Atlantic Street, Melbourne Beach, FL, 32951

$2,250 /mo

2 Beds
2 Baths
1,120 ft²

1700 Atlantic Street #1, Melbourne Beach, FL, 32951 Listing by Jody V Donnelly

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Joanie Shepherd, Prominent Properties of FL,LLC
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1014346

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.