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Sold for $265,000
  • $265,000

    520 Palmetto Ave, Melbourne, FL 32901

    3beds
    971sqft
    Single Family Residence
    Built in 1942
    6,534 Square Feet Lot
    $274,900 Zestimate®
    $273/sqft
    $1,818 Estimated rent

    Home value

    $274,900

    $258,000 - $291,000

    $1,818/mo

    Zestimate® history
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    What's special

    Mango treesEntertainment downtownMetal roofHigh ceilingsPainting studioFrench doorsHeart of downtown melbourne
    Unbeatable location in the heart of downtown Melbourne within walking distance to shops, restaurants, Hotel Melby , Fee Avenue park & all of the entertainment downtown has to offer. This charming cottage offers an oversized carport, metal roof, impact windows (2016), farmhouse kitchen sink, new refrigerator (2024) hardwood floors, crown molding & American Standard Whirlpool jet tub, coastal interior paint. Upgrades included electrical system (2005) & no copper pipes - all PVC & PEX. This home features an attached sun room with plenty of natural light perfect for plants or a painting studio, French doors & high ceilings. You'll love the lush landscaping, window flower boxes & large, fully-fenced outdoor space boasting a custom fire pit, large oak tree providing an abundance of shade & mango trees. This property is brimming with potential & comes with the downtown charm & all the freedom of No HOA.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Krauser,

    J. Edwards Real Estate

    Bought with:

    Rebecca D Maciel, 3162341

    J. Edwards Real Estate

    Source: Space Coast AOR,MLS#: 1009993

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Area: 148.73
    • Dimensions: 10.70 x 13.90
    Bedroom 2
    • Area: 124.45
    • Dimensions: 9.50 x 13.10
    Bedroom 3
    • Area: 112.96
    • Dimensions: 12.40 x 9.11
    Dining room
    • Area: 73.26
    • Dimensions: 9.90 x 7.40
    Florida room
    • Area: 210.21
    • Dimensions: 23.10 x 9.10
    Kitchen
    • Area: 76.95
    • Dimensions: 9.50 x 8.10
    Living room
    • Area: 175.54
    • Dimensions: 13.40 x 13.10
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Refrigerator
    • Laundry: Electric Dryer Hookup
    Features
    • Flooring: Tile, Wood
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,496
    • Total interior livable area: 971 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Attached Carport, Carport
    • Has attached garage: Yes
    • Carport spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Fire Pit, Impact Windows
    • Pool features: None
    • Fencing: Chain Link,Fenced,Wood
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 95 ft x 70 ft
    • Features: Historic Area, Many Trees
    Details
    • Additional structures: Shed(s)
    • Additional parcels included: 2817553
    • Parcel number: 2837030100043.00016.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1942

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: La Bertha Lawn
    HOA
    • Has HOA: No
    Location
    • Region: Melbourne

    Financial & listing details

    • Price per square foot: $273/sqft
    • Tax assessed value: $203,540
    • Annual tax amount: $2,513
    • Date on market: 4/9/2024
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/7/2024Sold$265,000-5.3%$273/sqft
    Source: Space Coast AOR #1009993 Report a problem
    5/7/2024Contingent$279,900$288/sqft
    Source: Space Coast AOR #1009993 Report a problem
    5/1/2024Price change$279,900-8.2%$288/sqft
    Source: Space Coast AOR #1009993 Report a problem
    4/24/2024Price change$305,000-7.6%$314/sqft
    Source: Space Coast AOR #1009993 Report a problem
    4/9/2024Listed for sale$330,000+108.9%$340/sqft
    Source: Space Coast AOR #1009993 Report a problem
    6/5/2019Sold$158,000+0.3%$163/sqft
    Source: Public Record Report a problem
    12/11/2006Sold$157,500+24.5%$162/sqft
    Source: Public Record Report a problem
    11/17/2004Sold$126,500+35.3%$130/sqft
    Source: Public Record Report a problem
    12/13/2001Sold$93,500+87%$96/sqft
    Source: Public Record Report a problem
    1/10/1994Sold$50,000$51/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,715 +44%$203,540 +10.7%
    2024$2,579 +2.6%$183,890 +3%
    2023$2,514 +6.8%$178,540 +3%
    2022$2,353 +6.9%$173,340 +48.6%
    2021$2,202 +1.1%$116,620 +1.8%
    2020$2,177 +349.3%$114,590 +152.5%
    2019$485 $45,380 +1.9%
    2018$485 +1.7%$44,540 +2.1%
    2017$477 +1.6%$43,630 +2.1%
    2016$469 -0.5%$42,740 +0.7%
    2015$471 +1.1%$42,450 +0.8%
    2014$466 $42,120 -9.9%
    2013-- $46,730 +14.5%
    2012$348 -0.4%$40,810 -0.1%
    2011$349 -48.4%$40,850 -44.1%
    2010$676 -15.3%$73,130 -11.7%
    2009$798 -31.3%$82,780 -20.1%
    2008$1,161 -30.5%$103,600 -12.9%
    2007$1,672 -18.8%$118,900 +7.6%
    2005$2,060 +144.1%$110,480 +32.8%
    2004$844 -0.3%$83,170 +34.9%
    2003$847 +5.3%$61,640 +8.9%
    2002$804 +261.6%$56,590 +29.6%
    2001$222 +13%$43,670 +3.6%
    2000$197 $42,160
    Find assessor info on the county website

    Neighborhood: 32901

    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
    $274,900
    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
    $274,900