1620 Peachtree St Melbourne, FL 32901
Magnolia Park NeighborhoodEstimated payment $3,406/month
Total Views
6,251
5
Beds
4
Baths
2,118
Sq Ft
$269
Price per Sq Ft
Highlights
- No HOA
- Attached Garage
- Tile Flooring
- Melbourne Senior High School Rated A-
- Cooling System Mounted To A Wall/Window
- 5-minute walk to Fee Avenue Playground
About This Home
NEW Roof before closing! Highly desirable triplex with long term tenants in the heart of Melbourne! This property consists of a 3 bed, 2 bath unit in the front. 1 bed, 1 bath unit in the middle, and a 1 bed, 1 bath unit in the back. Each unit has its own washer and dryer hookup. Two units have new water heaters. Turn key investment with plenty of growth available! The area is growing with already existing and new companies, business, and infrastructure. Plenty of schools, shopping, restaurant and churches in the area. Centrally located with a quick walk to Downtown Melbourne, four minutes to the river & US1, less than ten minutes to the beach, LESS than four minute to the evergrowing Melbourne International Airport & less than 15 minutes to I-95.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,608
Year Built
- Built in 1959
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 70 x 125
- East Facing Home
- Wood Fence
- Few Trees
Home Design
- Triplex
- Shingle Roof
- Concrete Siding
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 2,118 Sq Ft Home
- 1-Story Property
- Tile Flooring
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Electric Dryer Hookup
Parking
- Attached Garage
- Shared Driveway
Schools
- University Park Elementary School
- Stone Middle School
- Melbourne High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Separate Meters
- Separate Water Meter
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Buildings
- 3 Units
- Magnolia Heights Subdivision
Listing and Financial Details
- The owner pays for insurance, taxes
- Assessor Parcel Number 28-37-04-01-0000i.0-0014.00
- Seller Concessions Offered
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $3,353 | $185,780 | $60,000 | $125,780 |
| 2022 | $2,450 | $144,730 | $0 | $0 |
| 2021 | $2,285 | $121,210 | $50,000 | $71,210 |
| 2020 | $2,194 | $115,530 | $45,000 | $70,530 |
| 2019 | $2,199 | $118,610 | $45,000 | $73,610 |
| 2018 | $2,036 | $105,700 | $35,000 | $70,700 |
| 2015 | $1,714 | $75,110 | $25,000 | $50,110 |
| 2014 | $1,224 | $52,590 | $15,000 | $37,590 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Price Changed | $569,900 | -1.7% | $269 / Sq Ft |
| 06/27/2025 06/27/25 | Price Changed | $579,900 | -1.7% | $274 / Sq Ft |
| 05/29/2025 05/29/25 | Price Changed | $589,900 | -1.7% | $279 / Sq Ft |
| 05/19/2025 05/19/25 | For Sale | $599,900 | +499.9% | $283 / Sq Ft |
| 04/09/2014 04/09/14 | Sold | $100,000 | -9.1% | $56 / Sq Ft |
| 02/12/2014 02/12/14 | Pending | -- | -- | -- |
| 01/24/2014 01/24/14 | For Sale | $110,000 | 0.0% | $62 / Sq Ft |
| 08/30/2012 08/30/12 | Rented | $750 | +51.5% | -- |
| 08/29/2012 08/29/12 | Under Contract | -- | -- | -- |
| 08/19/2012 08/19/12 | Rented | $495 | -34.0% | -- |
| 08/18/2012 08/18/12 | Under Contract | -- | -- | -- |
| 06/25/2012 06/25/12 | For Rent | $750 | +42.9% | -- |
| 01/12/2012 01/12/12 | For Rent | $525 | -- | -- |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Peninsula Title Services | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $100,000 | State Title | |
| Warranty Deed | $65,000 | Supreme Title Closings Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | New Conventional | |
| Previous Owner | $95,000 | New Conventional |
Source: Public Records
Similar Homes in Melbourne, FL
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1046554
APN: 28-37-04-01-0000I.0-0014.00
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