255 Coral Dr Melbourne, FL 32935
Estimated payment $1,817/month
Highlights
- 0.42 Acre Lot
- No HOA
- Central Heating and Cooling System
- Corner Lot
- Cul-De-Sac
- 2 Car Garage
About This Home
Investor 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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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 |
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 |
|---|---|---|---|---|
| 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®)
MLS Number: 1077294
APN: 27-37-22-EM-00016.0-0019.00
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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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Ask me questions while you tour the home.