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Pending
    • Price cut: $49.1K (6/5)
    $319,900

    255 Coral Dr, Melbourne, FL 32935

    3beds
    1,588sqft
    : 
    $2,079/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    0.42 Acres Lot
    $306,700 Zestimate®
    $201/sqft
    $-- HOA

    What's special

    Surrounded by beautiful propertiesOversized homesiteMature landscaping
    Investor Alert! Rare opportunity to own a prime double lot totaling 0.42 acres in one of Melbourne's most desirable riverfront neighborhoods. This property is a complete renovation or teardown and is being sold for land value and location. The existing home needs substantial work and is ideal for builders, investors, or buyers looking to create a custom dream home. Surrounded by beautiful properties and located just one lot away from the river, this oversized homesite offers incredible potential. Build a two-story home and enjoy the possibility of water views from a balcony or upper level living area. The neighborhood itself is the true gem, offering surroundings, mature landscaping, and endless possibilities for redevelopment. Opportunities like this on oversized lots near the river are becoming harder to find. Bring your vision and transform this property into something spectacular.
    73 days
    |
    81
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Flavia Barrial 321-615-5658,

    Denovo Realty

    Source: Space Coast AOR,MLS#: 1077294

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: None
      Features
      • Flooring: Other
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,588 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Stories: 1
      • Fencing: Wood
      Lot
      • Size: 0.42 Acres
      • Features: Corner Lot, Cul-De-Sac
      Details
      • Additional parcels included: 2725415
      • Parcel number: 273722Em00016.00019.00
      • Special conditions: Probate Listing

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Concrete, Stucco
      Condition
      • New construction: No
      • Year built: 1950

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Loveridge Heights Subd
      HOA
      • Has HOA: No
      Location
      • Region: Melbourne

      Financial & listing details

      • Price per square foot: $201/sqft
      • Tax assessed value: $316,020
      • Annual tax amount: $1,182
      • Date on market: 6/5/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $306,700

        $291,000 - $322,000

        $2,675/mo

        Price history

        DateEventPrice
        6/23/2026Pending sale$319,900$201/sqft
        Source: Space Coast AOR #1077294 Report a problem
        6/5/2026Price change$319,900-13.3%$201/sqft
        Source: Space Coast AOR #1077294 Report a problem
        6/4/2026Pending sale$369,000$232/sqft
        Source: Space Coast AOR #1077294 Report a problem
        5/14/2026Listed for sale$369,000+5.7%$232/sqft
        Source: Space Coast AOR #1077294 Report a problem
        10/16/2024Listing removed$349,000$220/sqft
        Source: BHHS broker feed #1018412 Report a problem
        7/28/2024Price change$349,000-7.9%$220/sqft
        Source: Space Coast AOR #1018412 Report a problem
        7/2/2024Listed for sale$379,000+64.8%$239/sqft
        Source: Space Coast AOR #1018412 Report a problem
        1/1/2019Listing removed$230,000$145/sqft
        Source: Richards Real Estate #817942 Report a problem
        8/12/2018Price change$230,000-8%$145/sqft
        Source: Richards Real Estate #817942 Report a problem
        6/30/2018Listed for sale$250,000$157/sqft
        Source: Richards Real Estate #817942 Report a problem
        3/11/2008Listing removed$250,000$157/sqft
        Source: NCI #482794 Report a problem
        2/1/2008Listed for sale$250,000+257.1%$157/sqft
        Source: NCI #482794 Report a problem
        6/1/1993Sold$70,000$44/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,182 +6.2%$106,820 +2.9%
        2024$1,113 -3.8%$103,810 +3%
        2023$1,157 +8.9%$100,790 +3%
        2022$1,062 +0.4%$97,860 +3%
        2021$1,058 +1.6%$95,010 +1.4%
        2020$1,041 +0.5%$93,700 +2.3%
        2019$1,036 $91,600 +1.9%
        2018$1,036 +1.1%$89,900 +2.1%
        2017$1,025 +0.8%$88,060 -9%
        2016$1,017 -1.3%$96,800 +10%
        2015$1,031 0%$88,000 +3.6%
        2014$1,031 $84,980 -17.3%
        2013-- $102,730 -12.2%
        2012$913 +5.9%$117,060 +7.9%
        2011$862 +12.7%$108,460 -11.8%
        2010$765 +11.6%$122,940 -11.6%
        2009$686 +2.4%$139,120 -3.2%
        2008$670 -23.8%$143,700 +21.9%
        2007$879 +2.8%$117,900 +27%
        2005$855 -0.6%$92,800 +35%
        2004$860 -0.4%$68,720 -3.8%
        2003$863 +5.3%$71,450 +6.7%
        2002$820 +3.4%$66,990 +4%
        2001$793 +7.4%$64,440 +8.3%
        2000$738 $59,490
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 32935

        Getting around

        51 / 100
        Somewhat Walkable
        55 / 100
        Bikeable

        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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