This property is located in the Heart of the very desirable & sought after Eau Gallie Art District! One or both sides can be purchased. $129,000 is price per unit (2 Deeds) & might be the income producing property you have been looking for. Consider living on 1 side & rent out the other. Within Walking Distance to the Brewery, Bridge & River. You might never have to leave the Art District! It Would make a perfect Vacation Rental Property. Freshly Painted Exterior with a large yard. The property has remained in the same family since it was built! Concrete block construction. Very well maintained for the age. Fenced yard with sprinkler system. Laundry room off the carport. Entire property is protected with accordion hurricane shutters. All flat roof areas were recently replaced.
Sold for $260,000
$260,000
737 Law St, Melbourne, FL 32935
2beds
957sqft
MultiFamily
Built in 1958
-- sqft lot
$267,300 Zestimate®
$272/sqft
$1,588 Estimated rent
Home value
$267,300
$246,000 - $289,000
$1,588/mo
Zestimate® history
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$1,721/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric
Cooling
- Central
Appliances
- Included: Range / Oven
Features
- Built-in-Features
- Flooring: Linoleum / Vinyl
Interior area
- Total interior livable area: 957 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
Features
- Exterior features: Stucco
- Has view: Yes
- View description: City
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 27371625279
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Roof: Asphalt
Condition
- Year built: 1958
Utilities & green energy
- Utilities for property: Cable Available, City Water, Electricity Connected
Community & HOA
Location
- Region: Melbourne
Financial & listing details
- Price per square foot: $272/sqft
- Tax assessed value: $158,890
- Annual tax amount: $2,169
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2024 | Sold | $260,000+101.6%$272/sqft |
Source: Public Record Report a problem | ||
| 4/2/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/22/2024 | Price change | $1,550-8.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/10/2024 | Price change | $1,700-5.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/3/2024 | Listed for rent | $1,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/9/2020 | Listing removed | $129,000$135/sqft |
Source: Pineapple Farms Properties #866626 Report a problem | ||
| 2/5/2020 | Pending sale | $129,000$135/sqft |
Source: Pineapple Farms Properties #866626 Report a problem | ||
| 1/30/2020 | Listed for sale | $129,000$135/sqft |
Source: Pineapple Farms Properties #866626 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,169 +89.2% | $158,890 +55.7% |
| 2024 | $1,146 +3.8% | $102,030 +3% |
| 2023 | $1,104 +9.2% | $99,060 +3% |
| 2022 | $1,012 +0.5% | $96,180 +3% |
| 2021 | $1,007 -42.6% | $93,380 +1% |
| 2020 | $1,755 -5.9% | $92,500 -2.5% |
| 2019 | $1,865 | $94,920 +7.3% |
| 2018 | $1,865 +4.9% | $88,460 +8.4% |
| 2017 | $1,779 +5.2% | $81,630 +2.7% |
| 2016 | $1,692 -1.1% | $79,510 +12.9% |
| 2015 | $1,711 +368.5% | $70,420 +65% |
| 2014 | $365 | $42,670 -25.2% |
| 2013 | -- | $57,080 +38.1% |
| 2012 | $271 +5.2% | $41,340 -13.4% |
| 2011 | $257 +13.6% | $47,730 -27.2% |
| 2010 | $227 +132.6% | $65,560 +126.9% |
| 2000 | $97 | $28,890 |
Find assessor info on the county website
Neighborhood: 32935
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Nearby schools
GreatSchools rating
- 3/10Dr. W.J. Creel Elementary SchoolGrades: PK-7Distance: 1 mi
- 4/10Eau Gallie High SchoolGrades: PK,9-12Distance: 1.1 mi
- 4/10Lyndon B. Johnson Middle SchoolGrades: 7-8Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Creel
- Middle: Johnson
- High: Eau Gallie
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
$267,300
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
$267,300
- Florida
- Brevard County
- Melbourne
- 32935
- 737 Law St
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