1920 Magnolia Ave Melbourne, FL 32935
Estimated payment $1,541/month
Highlights
- 0.75 Acre Lot
- No HOA
- 3-minute walk to Masterson Park
- Corner Lot
About This Lot
Excellent opportunity to purchase a 0.75 acre piece of residential land in the heart of Melbourne! Property has est. 264' frontage on Magnolia Avenue x 264' Frontage on Beecher Street x 132' frontage on Mathers Street. Per City of Melbourne Zoning Department, Zoning allows up to 6-units per acre and 36' height restrictions. Utilities include City Water/Sewer & FPL Electric. Lot is mostly cleared. Property is located within minutes of the Eau Gallie Arts District (EGAD) which is home to a variety of Breweries, Restaurants, Comedy Clubs, and event spaces. Close proximity to Eau Gallie Boulevard which is a direct connector to the beaches and Interstate 95. Lots of employers, schools, and dining nearby. Call for details!
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,688
Lot Details
- 0.75 Acre Lot
- Corner Lot
Home Design
- Asphalt
Schools
- Creel Elementary School
- Johnson Middle School
- Eau Gallie High School
Community Details
- No Home Owners Association
- Eau Gallie Village Plat Of Subdivision
Listing and Financial Details
- Assessor Parcel Number 27-37-16-25-00049.0-0001.00
Map
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 |
|---|---|---|---|---|
| 2025 | $2,688 | $175,000 | -- | -- |
| 2024 | $2,571 | $165,000 | -- | -- |
| 2023 | $2,571 | $165,000 | $0 | $0 |
| 2022 | $2,128 | $124,000 | $0 | $0 |
| 2021 | $950 | $72,000 | $72,000 | $0 |
| 2020 | $909 | $72,000 | $72,000 | $0 |
| 2019 | $896 | $72,000 | $72,000 | $0 |
| 2018 | $877 | $72,000 | $72,000 | $0 |
| 2017 | $617 | $34,000 | $34,000 | $0 |
| 2016 | $614 | $34,000 | $34,000 | $0 |
| 2015 | $598 | $34,000 | $34,000 | $0 |
| 2014 | $477 | $22,000 | $22,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | Price Changed | $250,000 | -3.8% | -- |
| 12/23/2024 12/23/24 | For Sale | $260,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $315,000 | The Closing Place Inc | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | Twin Rivers Title Llc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $283,500 | Seller Take Back |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1032531
APN: 27-37-16-25-00049.0-0001.00
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