Sold for $350,000

$350,000

510 E Melbourne Ave, Melbourne, FL 32901

4beds

2,360sqft

Single Family Residence

Built in 1923

0.42 Acres Lot

$529,100 Zestimate^®

$148/sqft

$2,930 Estimated rent

Home value

$529,100

$455,000 - $619,000

$2,930/mo

Zestimate^® history

Owner options

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$2,930/mo

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$2,930/mo

Rent Zestimate^®

Refinance and save

$2,331/mo

Est. payment

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$2,331/mo

Est. payment

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What's special

Detached garage apartmentSeparate garage apartmentFull underground cellarFlorida techHalf an acreHot spots

*SELLER WILL INSTALL NEW SHINGLE ROOF ON MAIN & GUEST HOMES PRIOR TO CLOSING WITH ACCEPTABLE OFFER* Iconic, Historic Melbourne Avenue Charmer on Corner Lot with Separate Garage Apartment. 101 Year Old One-Story Home on Almost Half An Acre With Mint Julep Sipping Front Porch and Gracious Old Oaks. Watch the World Go By or Take a Short Stroll to the Many Shops, Restaurants & Hot Spots in Downtown Melbourne. Main House is Three Bedrooms, Two Full Baths and Packed with Possibility. Detached Garage Apartment is One Bedroom, One Bath with Kitchen and Small Living Area. Fabulous Potential! One of the VERY Rare Properties in South Brevard with a Full Underground Cellar! No HOA! No Rental Restrictions! Walking Distance to Melbourne Harbour, Florida Tech and the Intracoastal Waterway. 5 Minute Drive to the Beach!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Electric Range, Refrigerator
Laundry: Electric Dryer Hookup, In Unit, Washer Hookup

Features

Eat-in Kitchen, Kitchen Island, Primary Downstairs, Wine Cellar
Flooring: Wood, Other
Has fireplace: Yes
Fireplace features: Wood Burning

Interior area

Total structure area: 2,968
Total interior livable area: 2,360 sqft

Property

Parking

Total spaces: 1
Parking features: Circular Driveway, Garage, Off Street
Garage spaces: 1

Features

Levels: One
Stories: 1
Patio & porch: Covered, Front Porch, Side Porch
Pool features: None

Lot

Size: 0.42 Acres
Dimensions: 120 x 150
Features: Corner Lot, Historic Area

Details

Additional structures: Guest House
Additional parcels included: 2818158
Parcel number: 2837037600001.00001.00
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Wood Siding
Roof: Shingle

Condition

Fixer
New construction: No
Year built: 1923

Utilities & green energy

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

Community & HOA

Community

Subdivision: Hallwood Place

HOA

Has HOA: No

Location

Region: Melbourne

Financial & listing details

Price per square foot: $148/sqft
Tax assessed value: $296,040
Annual tax amount: $1,194
Date on market: 7/3/2024
Listing terms: Cash,Conventional
Road surface type: Asphalt

Price history

Date	Event	Price
8/30/2024	Sold	$350,000-6.6%$148/sqft
Source: Space Coast AOR #1012793 Report a problem
8/5/2024	Pending sale	$374,900$159/sqft
Source: Space Coast AOR #1012793 Report a problem
8/4/2024	Listing removed	--
Source: Space Coast AOR #1012793 Report a problem
7/19/2024	Contingent	$374,900$159/sqft
Source: Space Coast AOR #1012793 Report a problem
7/16/2024	Price change	$374,900-6.3%$159/sqft
Source: Space Coast AOR #1012793 Report a problem
7/3/2024	Price change	$399,900-15.8%$169/sqft
Source: Space Coast AOR #1012793 Report a problem
6/22/2024	Pending sale	$474,900$201/sqft
Source: Space Coast AOR #1012793 Report a problem
6/7/2024	Contingent	$474,900$201/sqft
Source: Space Coast AOR #1012793 Report a problem
5/24/2024	Listed for sale	$474,900$201/sqft
Source: Space Coast AOR #1012793 Report a problem
5/9/2024	Contingent	$474,900$201/sqft
Source: Space Coast AOR #1012793 Report a problem
5/8/2024	Price change	$474,900-5%$201/sqft
Source: Space Coast AOR #1012793 Report a problem
5/3/2024	Listed for sale	$499,900$212/sqft
Source: Space Coast AOR #1012793 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,466 +348.5%	$296,040 +180.4%
2024	$1,219 +2%	$105,560 +1.5%
2023	$1,195 +11.4%	$103,950 +9.2%
2022	$1,073 +3.3%	$95,190 +10.8%
2021	$1,038 +1.6%	$85,940 +1.3%
2020	$1,022 +0.8%	$84,810 +4.7%
2019	$1,013	$81,030 +3%
2018	$1,013 +1%	$78,670 +4.4%
2017	$1,003 +1.1%	$75,360 +6.1%
2016	$993 -0.2%	$71,020 +8.1%
2015	$995 +2.6%	$65,710 +1.1%
2014	$970	$65,010 -1%
2013	--	$65,670 +6%
2012	$732 -27.9%	$61,940 -44.7%
2010	$1,015 +1.7%	$112,080 -26.5%
2008	$998 -28.7%	$152,400 -21.3%
2007	$1,399 +8.9%	$193,700 +10.3%
2005	$1,284 +11.4%	$175,610 +30.9%
2004	$1,153 +1.6%	$134,200 +22.2%
2003	$1,135 +6.6%	$109,830 +8%
2002	$1,065 -3.1%	$101,720 0%
2001	$1,099 +13.7%	$101,730 +8.6%
2000	$966	$93,640