Laura Johnston
RE/MAX DOWNTOWN
(321) 280-6453
84 Total Sales
6 in Melbourne
$121K - $355K Price Range
255 Coral Dr Melbourne, FL 32935
Melbourne Area
3
Beds
2
Baths
1,588
Sq Ft
0.42
Acre Lot
Highlights
- 0.42 Acre Lot
- No HOA
- Central Heating and Cooling System
- Corner Lot
- Cul-De-Sac
- 2 Car Garage
About This Home
As of August 2026Investor Alert! Rare opportunity to own a prime double lot totaling 0.42 acres in one of Melbourne's most desirable riverfront neighborhoods. This property is a complete renovation or teardown and is being sold for land value and location. The existing home needs substantial work and is ideal for builders, investors, or buyers looking to create a custom dream home.
Surrounded by beautiful properties and located just one lot away from the river, this oversized homesite offers incredible potential. Build a two-story home and enjoy the possibility of water views from a balcony or upper level living area. The neighborhood itself is the true gem, offering surroundings, mature landscaping, and endless possibilities for redevelopment.
Opportunities like this on oversized lots near the river are becoming harder to find. Bring your vision and transform this property into something spectacular.
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,182
Year Built
- Built in 1950
Lot Details
- 18,295 Sq Ft Lot
- Cul-De-Sac
- East Facing Home
- Wood Fence
- Corner Lot
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Concrete Siding
- Stucco
Interior Spaces
- 1,588 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Harbor City Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Loveridge Heights Subd Subdivision
Listing and Financial Details
- Probate Listing
- Assessor Parcel Number 27-37-22-Em-00016.0-0019.00
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Melbourne, FL
-
Laura Johnston
-
Donna Knowles-Lynne
Donna Knowles-Lynne
Realty & Resources LLC
(321) 351-4909
48 Total Sales
2 in Melbourne
$187K - $365K Price Range
-
Brenda Muh
Brenda Muh
Space Coast Realty Corp.
(321) 504-5241
43 Total Sales
5 in Melbourne
$180K - $350K Price Range
-
Charles Hoffhine
Charles Hoffhine
Real Broker LLC
(321) 414-9542
31 Total Sales
4 in Melbourne
$48K - $469K Price Range
-
Cynthia Manzo
Cynthia Manzo
RE/MAX Aerospace Realty
(321) 635-1256
83 Total Sales
5 in Melbourne
$20K - $315K Price Range
-
Danita Bell
Danita Bell
Responds QuicklyRE/MAX Aerospace Realty
(321) 334-2719
63 Total Sales
6 in Melbourne
$220K - $375K Price Range
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 |
|---|---|---|---|---|
| 08/12/2026 08/12/26 | Sold | $290,000 | -9.3% | $183 / Sq Ft |
| 06/17/2026 06/17/26 | Pending | -- | -- | -- |
| 06/05/2026 06/05/26 | Price Changed | $319,900 | 0.0% | $201 / Sq Ft |
| 06/05/2026 06/05/26 | For Sale | $319,900 | -13.3% | $201 / Sq Ft |
| 06/03/2026 06/03/26 | Pending | -- | -- | -- |
| 05/14/2026 05/14/26 | For Sale | $369,000 | -- | $232 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
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 | $1,182 | $296,210 | ||
| 2025 | $1,113 | $106,820 | ||
| 2024 | $1,157 | $103,810 | ||
| 2023 | $1,157 | $100,790 | $0 | $0 |
| 2022 | $1,062 | $97,860 | $0 | $0 |
| 2021 | $1,058 | $95,010 | $0 | $0 |
| 2020 | $1,041 | $93,700 | $0 | $0 |
| 2019 | $1,036 | $91,600 | $0 | $0 |
| 2018 | $1,025 | $89,900 | $0 | $0 |
| 2017 | $1,017 | $88,060 | $0 | $0 |
| 2016 | $1,031 | $96,800 | $96,800 | $0 |
| 2015 | $1,049 | $88,000 | $88,000 | $0 |
| 2014 | $1,031 | $84,980 | $77,000 | $7,980 |
Source: Public Records
Agents Affiliated with this Home
-
Flavia Barrial
Seller's Agent in 2026
Flavia Barrial
Denovo Realty
(321) 615-5658
71 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1077294
APN: 27-37-22-EM-00016.0-0019.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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