$179,900

Estimated payment $1,197/month

Total Views 2,882
2 Beds
2 Baths
1,226 Sq Ft
$147 Price per Sq Ft

Highlights

  • Hot Property
  • No HOA
  • Separate Outdoor Workshop
  • Open Floorplan
  • Screened Porch
  • 1 Car Attached Garage

About This Home

Solid investment opportunity in high-demand W. Melbourne, offering stable rental potential, strong long-term appreciation, & minimal turnover risk. Situated minutes from major employers, shopping, & transportation routes, this property aligns perfectly w/investor priorities: location, functionality, & consistent tenant appeal. The home features a practical, easy-to-maintain layout, making it ideal for long-term renters. Durable finishes, efficient systems, and a straightforward floor plan help reduce ongoing maintenance costs. The large fenced yard adds value for tenants seeking outdoor space boosting retention & supporting competitive rental rates. W/ a covered carport, extended driveway, & no HOA restrictions, the property offers flexibility for tenants & future improvements. The neighborhood's strong rental demand and proximity to I-95, US-192, L3Harris, Northrop Grumman, and the Melbourne business district make this an attractive option for investors seeking reliable occupancy!

Listing Agent

Shirley Weems

Waterman Real Estate, Inc. License #3186592 Listed on: 08/13/2026

Waterman Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 1959

Lot Details

  • 8,276 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Back Yard Fenced
  • Few Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,226 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Screened Porch
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Shed

Schools

  • Meadowlane Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Private Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cannova Park Sec B Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 28-37-05-51-0000a.0-0011.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,524

Year Built

Built in 1959

Lot Details

8,276 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Few Trees, Other
  • Road Frontage Type: City Street
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Cannova Park Sec B
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Reso Other Structures: Shed(s), Workshop
  • General Property Information Community Fee(s) YN: No
  • General Property Information CDD Fee YN: No
  • Marketing Remarks:Marketing Remarks: Solid investment opportunity in high-demand W. Melbourne, offering stable rental potential, strong long-term appreciation, & minimal turnover risk. Situated minutes from major employers, shopping, & transportation routes, this property aligns perfectly w/investor priorities: location, functionality, & consistent tenant appeal. The home features a practical, easy-to-maintain layout, making it ideal for long-term renters. Durable finishes, efficient systems, and a straightforward floor plan help reduce ongoing maintenance costs. The large fenced yard adds value for tenants seeking outdoor space boosting retention & supporting competitive rental rates. W/ a covered carport, extended driveway, & no HOA restrictions, the property offers flexibility for tenants & future improvements. The neighborhood's strong rental demand and proximity to I-95, US-192, L3Harris, Northrop Grumman, and the Melbourne business district make this an attractive option for investors seeking reliable occupancy!
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Open Floorplan
  • Flooring: Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Wood
  • Acres: 0.19
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Covered, Patio, Porch, Rear Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Central

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-05-51-0000a.0-0011.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 2524.07

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,524 $178,000
2025 $683 $163,650
2024 $669 $53,700
2023 $669 $52,140
2022 $637 $50,630 $0 $0
2021 $645 $49,160 $0 $0
2020 $600 $48,490 $0 $0
2019 $593 $47,400 $0 $0
2018 $585 $46,520 $0 $0
2017 $555 $45,570 $0 $0
2016 $553 $44,640 $20,000 $24,640
2015 $561 $44,330 $15,000 $29,330
2014 $565 $44,360 $20,000 $24,360
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/13/2026 08/13/26 For Sale $179,900 -- $147 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Certificate Of Transfer -- --
Quit Claim Deed $56,000 Title Professionals Of Fl
Warranty Deed $97,000 State Title
Warranty Deed $32,300 --
Warranty Deed $64,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $270,000 FHA
Previous Owner $87,000 No Value Available
Source: Public Records

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1084920

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-05-51-0000A.0-0011.00

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