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Sold for $240,000
  • $240,000

    198 Magnolia Ave, Melbourne, FL 32935

    4beds
    2,019sqft
    Single Family Residence
    Built in 1959
    0.36 Acres Lot
    $236,400 Zestimate®
    $119/sqft
    $2,383 Estimated rent

    Home value

    $236,400

    $215,000 - $258,000

    $2,383/mo

    Zestimate® history
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    What's special

    Extra privacyLarge bedroomsFlex spaceHuge lotCovered porchPaver patioSplit floor plan
    Spacious Fixer-Upper on a huge lot in a prime location with endless potential! This expansive home has a great split floor plan with large bedrooms, a dedicated dining room, huge living room with a fireplace, and a flex space. Wait until you see the primary bedroom- it is massive! Located on a sprawling .36 acre lot with a city easement buffer that gives you extra privacy and room to create your perfect outdoor oasis. Almost 400 sq feet of paver patio PLUS a covered porch. City water & Sewer PLUS an unbeatable location near, shopping, dining, schools, hospital, beaches, river, & more! Avoid the cookie-cutter homes out there! Expand your imagination the way you desire. With a little TLC, you can transform this unique home into a stunning showcase. Whether you are an investor seeking your next project or a homeowner eager to create something truly unique, this property offers the perfect canvas for your ideas. Concrete tile roof has been cleaned and coated many times, age unknown.

    Zillow last checked:

    Listing updated:

    Listed by:

    Angela Lawless 321-720-8156,

    RE/MAX Elite

    Bought with:

    Kristin Kloos, 3415382

    Arium Real Estate, LLC

    Source: Space Coast AOR,MLS#: 1054022

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator
    • Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
    Features
    • Built-in Features, Ceiling Fan(s), Primary Bathroom - Shower No Tub, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
    • Flooring: Carpet, Terrazzo, Tile
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 2,019 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Garage
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio, Rear Porch
    • Fencing: Chain Link,Fenced,Wood
    Lot
    • Size: 0.36 Acres
    • Features: Many Trees
    Details
    • Additional parcels included: 2728680
    • Parcel number: 273728030000v.00001.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stone Veneer
    • Roof: Concrete,Tile
    Condition
    • Fixer
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Melbourne
    • Subdivision: Almar Subd Sec B 1st Addn

    Other

    Other facts
    • Listing terms: Cash
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    10/17/2025Sold$240,000-7.7%$119/sqft
    Source: Space Coast AOR #1054022 Report a problem
    9/2/2025Contingent$260,000$129/sqft
    Source: Space Coast AOR #1054022 Report a problem
    8/21/2025Price change$260,000-3.7%$129/sqft
    Source: Space Coast AOR #1054022 Report a problem
    8/8/2025Listed for sale$270,000$134/sqft
    Source: Space Coast AOR #1054022 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,168 +529.7%$229,210 +195.2%
    2024$662 +5.8%$77,650 +3%
    2023$626 -4.1%$75,390 +3%
    2022$653 -1.9%$73,200 +3%
    2021$666 +0.2%$71,070 +1.4%
    2020$664 -1.6%$70,090 +2.3%
    2019$675 $68,520 +1.9%
    2018$675 -0.8%$67,250 +2.1%
    2017$680 -1.3%$65,870 +4.8%
    2016$689 -1.7%$62,840 +0.7%
    2015$701 -1.4%$62,410 +0.8%
    2014$711 $61,920 +1.5%
    2013-- $61,010 +0.7%
    2012$633 +2.1%$60,560 +3.6%
    2011$619 -15.7%$58,460 -24.3%
    2010$735 -8.8%$77,210 -23%
    2009$806 +2.5%$100,310 -20.2%
    2008$786 -20.6%$125,700 -21.1%
    2007$991 +2.4%$159,400 +45.9%
    2005$967 -0.8%$109,240 +36%
    2004$975 -0.5%$80,340 -0.1%
    2003$980 +5.1%$80,390 +10.3%
    2002$932 +3.3%$72,860 +9.2%
    2001$903 +7.2%$66,740 +3%
    2000$842 $64,800

    Find assessor info on the county website

    Neighborhood: 32935

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Harbor City
    • Middle: Hoover
    • High: Melbourne

    Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $236,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $236,400