Check Availability
$474,900
House - For Sale

510 E Melbourne Avenue

Melbourne, FL 32901
bedrooms
4 Beds
bathrooms
3 Baths
$2,432
Estimated Monthly
5.69%
Cap Rate

About This Property

Iconic, Historic Melbourne Avenue Charmer on Corner Lot with Separate Garage Apartment.  101 Year Old One-Story Home on Almost Half An Acre With Mint Julep Sipping Front Porch and Gracious Old Oaks.  Watch the World Go By or Take a Short Stroll to the Many Shops, Restaurants & Hot Spots in Downtown Melbourne.  Main House is Three Bedrooms, Two Full Baths and Packed with Possibility.  Detached Garage Apartment is One Bedroom, One Bath with Kitchen and Small Living Area.  (Currently Rented on Month to Month Lease)  Fabulous Potential! Brand New Roofs Being Installed on Main & Guest Homes Before Closing! One of the VERY Rare Properties in South Brevard with a Full Underground Cellar! No HOA!  No Rental Restrictions! Walking Distance to Melbourne Harbour, Florida Tech and the Intracoastal Waterway. 5 Minute Drive to the Beach!
Unit Size
-
Days on Market
29 days
Land Size
0.42 acres
Price per sqft
-
Property Type
House
Property Taxes
$100
HOA Dues
-
Year Built
1953

Listed By

Stacey Buchanan
Melbourne Realty, Inc.
Last updated: 7 days ago (Space Coast MLS #1012793)

Price History

Date / Event Date Event Price
May 25, 2024 Relisted $474,900
Relisted
May 10, 2024 In contract -
In contract
May 9, 2024 Price Decreased $474,900
↓ $25K (5%)
Price Decreased
May 2, 2024 Listed by Melbourne Realty, Inc. $499,900
Listed by Melbourne Realty, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Circular Driveway, Garage, Off Street
Garage Spaces: 1
Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Full Bathrooms: 3

Interior Information

Interior Features: Eat-in Kitchen, Kitchen Island, Primary Downstairs, Wine Cellar
Appliances: Dishwasher, Electric Range, Refrigerator
Flooring Type: Wood, Other
Living Area Square Feet Source: Assessor

Room Information

Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup

Fireplace Information

Has Fireplace
Wood Burning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1980
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 220
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 209
  • Total Building Area: 3,710
  • Gross Building Area: 3,710
  • Building Area: 2,360
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: HALLWOOD PLACE
  • Land Acres: 0.42
  • Legal Description 1: HALLWOOD PLACE LOTS 1,2,3 BLK 1

Ownership

  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064902

Zoning

  • Zoning: R1AA

Geography

  • Assessors Map Reference: 325
  • Account Number: 2818158
  • Parcel: 28-37-03-76-00001.0-0001.00
  • Block: 1
  • Lot: 1
  • Meridian: SEC 03 TWN 28S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.0767
  • Longitude: -80.6119

    Address

  • Full Address: 510 E Melbourne Ave
  • Address - House Number: 510
  • Street Direction: E
  • Address - Street Name: Melbourne
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C001
  • 4-Digit Zip Code: 5503
  • Zip Code: 32901

Valuation

    Tax

  • Total Area: 2,356
  • Tax Year: 2022
  • Tax Amount: $1,073
  • Tax Rate Code Area: 34K0

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 332,756
  • High Value: 478,111
  • Low Value: 187,400

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $119,045
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 23, 2012
  • First Open Lien Mortgage Loan Amount: $119,045
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2042

    Market Valuation

  • Market Total Value: $245,540

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $95,190

    Exemptions

  • Homeowner Exemption: Yes

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
4 Beds
3 Baths
-
$399,500 Jun 15, 2020
$399,500 Sep 24, 2020
$767/mo
Townhouse
4 Beds
3 Baths
-
$440,000 Sep 30, 2020
$440,000 Dec 4, 2020
$765/mo
Townhouse
4 Beds
3 Baths
-
$544,000 Jul 3, 2023
$544,000 Aug 22, 2023
$945/mo
House
3 Beds
3 Baths
-
$450,000 Jan 25, 2024
$450,000 Apr 29, 2024
$34/mo
Townhouse
3 Beds
3 Baths
-
$410,500 Mar 12, 2021
$410,500 Jun 9, 2021
$661/mo
Townhouse
3 Beds
3 Baths
-
$424,350 Sep 29, 2017
$424,350 Jun 29, 2018
$348/mo
House
4 Beds
2 Baths
-
$450,000 Feb 22, 2024
-
$123/mo
Condo
3 Beds
3 Baths
2,176 ft²
$261/ft²
$569,000 Apr 15, 2024
-
$984/mo
Condo
3 Beds
2 Baths
-
$560,000 Apr 5, 2024
-
$1,467/mo
Commercial
Loft
1 Bath
-
$425,000 Apr 17, 2024
-
$270/mo
Land
Loft
-
-
$539,000 Mar 24, 2021
-
$257/mo
Land
Loft
-
-
$550,000 Oct 5, 2023
-
$205/mo

About Hallwood Place


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Frequently Asked Questions

When was property at 510 East Melbourne Avenue built and last sold?
The property at 510 East Melbourne Avenue was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 510 East Melbourne Avenue is $504,899.
What are some comparable homes to 510 East Melbourne Avenue?
Homes that are comparable to 510 East Melbourne Avenue include a house property at 2801 Dorsey Place, a condo property at 2260 Front Street, 2220 Front Street.

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