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Off market
  • $504,800

    507 1st Ave, Melbourne Beach, FL 32951

    2beds
    1,246sqft
    SingleFamily
    Built in 1950
    0.28 Acres Lot
    $504,800 Zestimate®
    $405/sqft
    $2,903 Estimated rent

    Home value

    $504,800

    $459,000 - $555,000

    $2,903/mo

    Zestimate® history
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    Owner options

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    $2,903/mo

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    $2,903/mo

    Rent Zestimate®

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    $3,435/mo

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    $3,435/mo

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    What's special

    Rare Melbourne Beach home directly across from Ryckman Park. Enjoy the community pier, walk to fine dining or ride your bike to the beach. A simply beautiful area and a perfect home with so much potential. As it sits the main home is a 1 bedroom 2 bath house and there is an addition off the back porch that is a Full efficiency or perfect in-law suit. Beautiful grounds with tropical trees and bushes lovingly cared for and maintained over the years. Another option may be to add on or up.... Possible river view from a second floor addition, the possibilities are endless.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central
    Features
    • Other - Call Agent
    • Flooring: Other
    Interior area
    • Total interior livable area: 1,246 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 283807FY104

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Roof: Composition
    Condition
    • Year built: 1950

    Utilities & green energy

    • Utilities for property: City Water, Electric

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $88 monthly
    Location
    • Region: Melbourne Beach

    Financial & listing details

    • Price per square foot: $405/sqft
    • Tax assessed value: $421,950
    • Annual tax amount: $3,743

    Price history

    DateEventPrice
    11/14/2018Sold$305,000-4.7%$245/sqft
    Source: Space Coast AOR #818861 Report a problem
    11/13/2018Pending sale$319,900-3%$257/sqft
    Source: Lawyers Real Estate Brokerage #818861 Report a problem
    10/9/2018Price change$329,900-1.5%$265/sqft
    Source: Lawyers Real Estate Brokerage #818861 Report a problem
    10/2/2018Price change$335,000-4.3%$269/sqft
    Source: Lawyers Real Estate Brokerage #818861 Report a problem
    9/4/2018Price change$350,000-11.4%$281/sqft
    Source: Lawyers Real Estate Brokerage #818861 Report a problem
    7/11/2018Listed for sale$395,000$317/sqft
    Source: Lawyers Real Estate Brokerage #818861 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,743 +3%$281,300 +2.9%
    2024$3,634 +2.5%$273,380 +3%
    2023$3,544 +2.3%$265,420 +3%
    2022$3,466 -0.5%$257,690 +5.2%
    2021$3,484 +0.9%$244,880 +1.4%
    2020$3,452 -3.4%$241,500 -1%
    2019$3,574 $243,910 +174%
    2018$3,574 +441.7%$89,020 +2.1%
    2017$660 +2.6%$87,190 -42.1%
    2016$643 -1.2%$150,660 +6.7%
    2015$651 -1.4%$141,240 +11.1%
    2014$660 $127,120 +3.8%
    2013-- $122,460 +3.6%
    2012$581 +7.1%$118,230 -2.4%
    2011$543 +8.6%$121,190 -17.9%
    2010$500 +8.1%$147,650 -10%
    2009$462 +4%$164,060 -21.6%
    2008$444 -24.4%$209,200 -18.5%
    2007$588 -1.2%$256,700 +45.2%
    2005$595 +0.4%$176,760 +27.2%
    2004$593 -1.1%$138,990 +29.6%
    2003$599 -22%$107,230 +11.2%
    2002$768 +7.8%$96,400 +19.6%
    2001$713 +0.7%$80,600 +14.4%
    2000$708 $70,460
    Find assessor info on the county website

    Neighborhood: 32951

    Nearby schools

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

    Source: The MLS. 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
    $504,800
    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
    $504,800