See Home Value
$314,000
● House - Off Market

617 Cornell Avenue

Melbourne, FL 32901
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,471 Ft²
$1,708
Est. Monthly
9.11%
Cap Rate

About This Property

Nestled near Florida Institute of Technology and just minutes from historic downtown Melbourne, this 3-bedroom, 2-bath split-floor plan home offers a perfect blend of comfort and convenience. The light-filled living spaces include a spacious family room and a formal dining room. There's also an oversized laundry room, a 2-car garage, and a covered back porch. A functional kitchen with stainless appliances and oak cabinets overlooks the large, fully fenced backyard, ideal for privacy and pets. A true standout feature is the fully finished 308 sqft detached shed, complete with central air conditioning, perfect for transforming into a home office, playroom, or any hobbyist's space. Just 15 minutes from the beautiful east coast beaches, this property offers prime location and a range of functional features, making it ready to suit your lifestyle.
Unit Size
1,471 Ft²
Days on Market
71 days
Land Size
0.21 acres
Price per sqft
$210
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

Last updated: 2 months ago (Space Coast MLS #1056577)

Price History

Date / Event Date Event Price
Nov 18, 2025 Sold
Sold
Oct 2, 2025 In contract -
In contract
Sep 29, 2025 Price Decreased $309,000
↓ $16K (4.9%)
Price Decreased
Sep 8, 2025 Listed by Glover Properties $324,900
Listed by Glover Properties
Aug 1, 2017 Sold
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 2000
  • 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: 441
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 59
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,251
  • Gross Building Area: 2,251
  • Building Area: 1,471
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,471
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIVERSITY ESTATES
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: UNIVERSITY ESTATES LOT 12 BLK G

Neighborhood

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

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 333
  • Account Number: 2823455
  • Parcel: 28-37-09-50-0000G.0-0012.00
  • Block: G
  • Lot: 12
  • Meridian: SEC 09 TWN 28S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.0608
  • Longitude: -80.6323

    Address

  • Full Address: 617 Cornell Ave
  • Address - House Number: 617
  • Address - Street Name: Cornell
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C019
  • 4-Digit Zip Code: 7707
  • Zip Code: 32901

Valuation

    Tax

  • Total Area: 1,668
  • Tax Year: 2022
  • Tax Amount: $213,894
  • Tax Rate Code Area: 34K0

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 320,540
  • High Value: 378,538
  • Low Value: 262,542

    Market Valuation

  • Market Total Value: $217,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $160,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 25, 2017
  • Current Sale Recording Date: Aug 01, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017160977
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 University Estates


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Frequently Asked Questions

When was property at 617 Cornell Avenue built and last sold?
The property at 617 Cornell Avenue was built in 1978 and last sold on Jul 25, 2017 for $170,000.
How much is this home worth?
The estimated value of the home located at 617 Cornell Avenue is $0.
What are some comparable homes to 617 Cornell Avenue?
There are currently no comparable homes to 617 Cornell Avenue.