When was property at 586 Lorraine Drive built and last sold?

The property at 586 Lorraine Drive was built in 1958 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 586 Lorraine Drive is $262,816.

What are some comparable homes to 586 Lorraine Drive?

There are currently no comparable homes to 586 Lorraine Drive.

Melbourne

32935

Almar

586 Lorraine Drive

$255,000

● House - Off Market

586 Lorraine Drive

Melbourne, FL 32935

3 Beds

2 Baths

1,111 Ft²

$1,378

Est. Monthly

About This Property

This mid-century modern home is a nice blend of quality-built old with new! Including new luxury vinyl plank and/or tile flooring throughout! Freshly painted interior - walls, ceiling, & doors (2026) and exterior (2025). New blinds, electrical outlets & switches, ceiling fans, and light fixtures. New toilets and vanities in both baths. This home has been lovingly maintained by one family since 1964. Large, mostly fenced yard on .2 acres -- NO HOA! Washer & Dryer stay. New ROOF 2015, HWH 2019, A/C Condenser 2018, handler 2012; HWH 2019; upgraded electrical panel 2018; new garage door with opener 2019; and whole house replumb supply lines appx. 2013. On city water & sewer. Close to everything --: 12 min. to the beaches; 5 min. to EGAD, airport, Harris, & Embraer; walk to DRS, Melbourne Courthouse, & West Shore Jr./Sr. High which is across the street! Sellers have made this home Move-in Ready for the new owners including a one-year ''Essential'' home warranty by American Home Shield.

Unit Size

1,111 Ft²

Days on Market

23 days

Land Size

0.20 acres

Price per sqft

$233

Property Type

House

Property Taxes

$106

HOA Dues

Year Built

1958

Payment Calculator

Cap Rate Calculator

Last updated: 6 months ago (Space Coast MLS #1071628)

Price History

Date / Event	Date	Event
Apr 3, 2026	Sold	Premium
Sold
Mar 14, 2026	In contract	-
In contract
Mar 11, 2026	Listed by Vanderveer Properties	$259,000
Listed by Vanderveer Properties

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1958

Effective Year Built: 1985
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 7
Building Condition: 0
Building Quality: 10
Construction Type: 12
Building Style: 0
Exterior Walls Type: 15
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: 325
Parking Space Count: 1
Patio Type: 5
Porch Type: 126
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 8,712

Lot Size Depth Feet: 1,100
Lot Size Frontage Feet: 780
Total Building Area: 1,526
Gross Building Area: 1,526
Building Area: 1,111
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,111
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ALMAR SUBD SEC B 1ST ADDN
Land Acres: 0000000200
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: ALMAR SUBD SEC B 1ST ADDN LOT 19 BLK P

Neighborhood

School District Name: Brevard County School District

Census Tract: 064201

Zoning

Zoning: R1AA

Geography

Assessors Map Reference: 304

Account Number: 2728677
Parcel: 27-37-28-03-0000P.0-0019.00
Block: P
Lot: 19
Meridian: SEC 28 TWN 27S RNG 37E
Municipality: MELBOURNE
Latitude: 28.1099
Longitude: -80.6275

Address

Full Address: 586 Lorraine Dr

Address - House Number: 586
Address - Street Name: Lorraine
Address - Suffix Type: Dr
State: FL
City Name: Melbourne
Carrier Code: C003
4-Digit Zip Code: 6426
Zip Code: 32935

Valuation

Tax

Total Area: 1,329

Tax Year: 2022
Tax Amount: $106,568
Tax Rate Code Area: 53K0

Appraisal Valuation

Standard Deviation: 0.1809

Valuation Date: Jan 03, 2024
Confidence Score: 76
Final Value: 248,756
High Value: 293,766
Low Value: 203,747

Market Valuation

Market Total Value: $143,670

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $98,060

Exemptions

Homeowner Exemption: Yes

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

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Comparables

About Almar

Stats & Trends

Median Asking:

$319,900

Sale Price/ft²

$201

Below Asking

0.03%

Average Days on Market

Average Home Size

1485 ft²

Average Home Age

66 years

Currently For Sale

2 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 208 W Seminole Avenue, FL, 32901

$2,100 /mo

Studio
1 Bath
350 ft²

208 W Seminole Avenue #2, FL, 32901 Listing by Nathan Doyle

Unit for rent at 1981 Guava Avenue, FL, 32935

$2,600 /mo

2 Beds
1 Bath
506 ft²

1981 Guava Avenue #101, FL, 32935 Listing by Nathan Doyle

Unit for rent at 1677 Avocado Avenue, Melbourne, FL, 32935

$1,300 /mo

2 Beds
1 Bath
900 ft²

1677 Avocado Avenue #6, Melbourne, FL, 32935 Listing by Dawn Ostovich

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Pamela Vanderveer, Vanderveer Properties
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1071628

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.

586 Lorraine Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Almar

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions