Income producing property. Live in one rent the other! Adorable dual residence opportunity in West Melbourne. Welcome to the perfect Multi-Generational residential or income producing property, ideally located in the heart of West Melbourne! This unique property features 2 charming residences with no HOA, making it a rare find for howeowners and investors alike.Main residence: 3 bedrooms 1.5 baths. Kitchen includes dishwasher, stove and refrigerator. Luxury vinyl plank floors (2022), HVAC (2021), water heater (2022), washer/dryer hook ups, portico connecting attached apartment. Furnished 1 bedroom/ 1 bath apartment with updated kitchen with refrigerator, stove, microwave and dishwasher. HVAC (2019). Home has been meticulously cared for with a new roof (July 2024), plumbing drains relined 2022, new septic tank/pump 2023, water filter and aerator 2019. Whether you're looking for a multi-generational living solution or a way to offset your mortgage with rental income, this is a must-see!
Sold for $335,000
$335,000
550 La Veta Dr, Melbourne, FL 32904
3beds
1,502sqft
Single Family Residence
Built in 1957
0.33 Acres Lot
$327,900 Zestimate®
$223/sqft
$2,082 Estimated rent
Home value
$327,900
$298,000 - $361,000
$2,082/mo
Zestimate® history
Owner options
List your home for rent
$2,082/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,082/mo
Rent Zestimate®
Refinance and save
$2,228/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,228/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
New roofWater heaterLuxury vinyl plank floorsUpdated kitchenKitchen includes dishwasher
Zillow last checked:
Listing updated:
Listed by:
Amanda Moyles Gonnella 321-693-0906,
RE/MAX Alternative Realty
Bought with:
Christine Gibson Callahan, 3463413
RLL Real Estate Group
Source: Space Coast AOR,MLS#: 1045932
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Range, Microwave, Refrigerator
- Laundry: Electric Dryer Hookup
Features
- Ceiling Fan(s), Eat-in Kitchen, Guest Suite, In-Law Floorplan
- Flooring: Laminate, Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 1,502 sqft
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Carport, Guest, RV Access/Parking
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Fencing: Back Yard,Privacy
Lot
- Size: 0.33 Acres
- Features: Dead End Street
Details
- Additional structures: Shed(s), Workshop
- Additional parcels included: 2802164
- Parcel number: 2836120100000.00016.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Roof: Shingle
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Cable Available, Electricity Connected, Water Available, Water Connected
Green energy
- Energy efficient items: Appliances, Water Heater
Community & HOA
Community
- Subdivision: Laveta Subd
HOA
- Has HOA: No
Location
- Region: Melbourne
Financial & listing details
- Price per square foot: $223/sqft
- Tax assessed value: $172,040
- Annual tax amount: $2,745
- Date on market: 5/12/2025
- Listing terms: Cash,Conventional,FHA,VA Loan,Other
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2025 | Pending sale | $335,000$223/sqft |
Source: Space Coast AOR #1045932 Report a problem | ||
| 7/22/2025 | Sold | $335,000$223/sqft |
Source: Space Coast AOR #1045932 Report a problem | ||
| 6/19/2025 | Contingent | $335,000$223/sqft |
Source: Space Coast AOR #1045932 Report a problem | ||
| 5/23/2025 | Price change | $335,000-4.3%$223/sqft |
Source: Space Coast AOR #1045932 Report a problem | ||
| 5/12/2025 | Listed for sale | $349,999$233/sqft |
Source: Space Coast AOR #1045932 Report a problem | ||
| 4/10/2025 | Listing removed | $349,999$233/sqft |
Source: Space Coast AOR #1030918 Report a problem | ||
| 4/1/2025 | Listed for sale | $349,999$233/sqft |
Source: Space Coast AOR #1030919 Report a problem | ||
| 3/27/2025 | Contingent | $349,999$233/sqft |
Source: Space Coast AOR #1030918 Report a problem | ||
| 3/27/2025 | Pending sale | $349,999$233/sqft |
Source: Space Coast AOR #1030919 Report a problem | ||
| 3/19/2025 | Price change | $349,999-4.1%$233/sqft |
Source: Space Coast AOR #1030918 Report a problem | ||
| 1/21/2025 | Price change | $365,000-5.2%$243/sqft |
Source: Space Coast AOR #1030918 Report a problem | ||
| 12/1/2024 | Listed for sale | $385,000-3.5%$256/sqft |
Source: Space Coast AOR #1030918 Report a problem | ||
| 10/14/2024 | Listing removed | $399,000$266/sqft |
Source: Space Coast AOR #1020094 Report a problem | ||
| 7/19/2024 | Price change | $399,000-6.1%$266/sqft |
Source: Space Coast AOR #1019448 Report a problem | ||
| 7/13/2024 | Listed for sale | $425,000+240%$283/sqft |
Source: Space Coast AOR #1019448 Report a problem | ||
| 2/1/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/23/2023 | Listed for rent | $1,799+49.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/20/2019 | Listing removed | $1,200$1/sqft |
Source: WILSON & ASSOCIATES #U8052338 Report a problem | ||
| 7/14/2019 | Listed for rent | $1,200$1/sqft |
Source: WILSON & ASSOCIATES #U8052338 Report a problem | ||
| 2/6/2019 | Sold | $125,000-7.4%$83/sqft |
Source: Space Coast AOR #834986 Report a problem | ||
| 1/28/2019 | Pending sale | $135,000$90/sqft |
Source: Keller Williams Realty Brevard #834986 Report a problem | ||
| 1/24/2019 | Listed for sale | $135,000$90/sqft |
Source: Keller Williams Realty,Brevard #834986 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,745 +8.6% | $172,040 +0.4% |
| 2024 | $2,528 +6.4% | $171,330 +9.5% |
| 2023 | $2,377 +10% | $156,480 +4.6% |
| 2022 | $2,161 +9.9% | $149,640 +39.2% |
| 2021 | $1,966 +8.6% | $107,470 +10.1% |
| 2020 | $1,811 +4.7% | $97,570 +3.2% |
| 2019 | $1,729 | $94,580 -1.8% |
| 2018 | $1,729 +1.4% | $96,360 +21.9% |
| 2017 | $1,706 +8.5% | $79,030 +15.3% |
| 2016 | $1,573 +5.4% | $68,570 +0.6% |
| 2015 | $1,492 +1.3% | $68,140 +9.3% |
| 2014 | $1,472 | $62,370 +2.8% |
| 2013 | -- | $60,690 +17.7% |
| 2012 | $914 -16.3% | $51,550 -16.2% |
| 2011 | $1,092 -20.9% | $61,540 -27.3% |
| 2010 | $1,380 -12.6% | $84,620 -17.8% |
| 2009 | $1,579 -25% | $102,950 -24.9% |
| 2008 | $2,106 +340.3% | $137,000 -19% |
| 2007 | $478 -5.2% | $169,100 +26.1% |
| 2005 | $504 -0.6% | $134,090 +35.8% |
| 2004 | $508 -0.7% | $98,740 +19% |
| 2003 | $511 +4.9% | $82,980 +10.8% |
| 2002 | $488 +12.1% | $74,870 +9.7% |
| 2001 | $435 +2% | $68,280 +30.8% |
| 2000 | $426 | $52,190 |
Find assessor info on the county website
Neighborhood: June Park
Nearby homes
- $270,2003 bd2 ba1.5k sqft560 La Veta Dr, Melbourne, FL 32904Off Market
- $251,2003 bd2 ba1.4k sqft540 La Veta Dr, Melbourne, FL 32904Off Market
- $347,2003 bd3 ba1.4k sqft551 La Veta Dr, Melbourne, FL 32904Off Market
- $344,5003 bd3 ba1.7k sqft549 La Veta Dr, Melbourne, FL 32904Off Market
- $221,4002 bd2 ba1.2k sqft530 La Veta Dr, Melbourne, FL 32904Off Market
- $375,8003 bd2 ba1.6k sqft555 La Veta Dr, Melbourne, FL 32904Off Market
- $55,0000.33 Acres559 La Veta Dr, Melbourne, FL 32904Off Market
- $160,0002 bd1 ba910 sqft510 La Veta Dr, Melbourne, FL 32904Sold
Nearby schools
GreatSchools rating
- NAMeadowlane Primary Elementary SchoolGrades: PK-2Distance: 0.6 mi
- 5/10Central Middle SchoolGrades: 7-8Distance: 0.8 mi
- 6/10Melbourne Senior High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Meadowlane
- Middle: Central
- 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.
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
$327,900
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
$327,900
- Florida
- Brevard County
- Melbourne
- 32904
- June Park
- 550 La Veta Dr
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Melbourne Topics
