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.
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
$235,300 Zestimate®
$119/sqft
$2,446 Estimated rent
Home value
$235,300
$214,000 - $259,000
$2,446/mo
Zestimate® history
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$1,672/mo
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List your homeWhat's special
Extra privacyLarge bedroomsFlex spaceHuge lotCovered porchPaver patioSplit floor plan
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 & HOA
Community
- Subdivision: Almar Subd Sec B 1st Addn
HOA
- Has HOA: No
Location
- Region: Melbourne
Financial & listing details
- Price per square foot: $119/sqft
- Tax assessed value: $229,210
- Annual tax amount: $625
- Date on market: 8/8/2025
- Listing terms: Cash
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Sold | $240,000-7.7%$119/sqft |
Source: Space Coast AOR #1054022 Report a problem | ||
| 9/2/2025 | Contingent | $260,000$129/sqft |
Source: Space Coast AOR #1054022 Report a problem | ||
| 8/21/2025 | Price change | $260,000-3.7%$129/sqft |
Source: Space Coast AOR #1054022 Report a problem | ||
| 8/8/2025 | Listed for sale | $270,000$134/sqft |
Source: Space Coast AOR #1054022 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 homes
- $270,2003 bd2 ba1.2k sqft182 Magnolia Ave, Melbourne, FL 32935Off Market
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- $340,0004 bd2 ba1.6k sqft689 Charles Dr, Melbourne, FL 32935Sold
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- $325,0003 bd2 ba1.1k sqft688 Charles Dr, Melbourne, FL 32935For Sale
- $264,2003 bd2 ba1.1k sqft246 Magnolia Ave, Melbourne, FL 32935Off Market
- $277,1003 bd2 ba1.3k sqft673 Charles Dr, Melbourne, FL 32935Off Market
Nearby schools
GreatSchools rating
- 4/10Harbor City Elementary SchoolGrades: PK-6Distance: 1 mi
- 7/10Herbert C. Hoover Middle SchoolGrades: 7-8Distance: 3.4 mi
- 6/10Melbourne Senior High SchoolGrades: 9-12Distance: 1.4 mi
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
$235,300
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
$235,300
- Florida
- Brevard County
- Melbourne
- 32935
- 198 Magnolia Ave
