307 Palmetto Ave Melbourne, FL 32901
Downtown Melbourne NeighborhoodEstimated payment $1,426/month
Total Views
273
3
Beds
2
Baths
1,638
Sq Ft
$122
Price per Sq Ft
Highlights
- No HOA
- 2 Car Attached Garage
- Central Air
- Melbourne Senior High School Rated A-
- Tile Flooring
- 4-minute walk to Melbourne Military Memorial Park
About This Home
Charming Fixer-Upper with Prime Location!
Unlock the potential of this 3-bedroom, 2-bathroom home located near the vibrant Downtown Melbourne! This property is a true fixer-upper and priced accordingly, with a full rehab estimated at ~$100K—perfect for investors, flippers, or buyers looking to create their dream home from the ground up.
Enjoy the convenience of being within walking distance to Fee Avenue Park, where you'll find tennis courts, walking trails, and a community pool. Explore the shopping, dining, and entertainment options of Downtown Melbourne just blocks away, or make a quick 10-minute drive to the beach for sun and surf.
This is a rare opportunity to own in one of Melbourne's most walkable and desirable areas. Bring your vision and contractor—this home needs it all, but the location makes it worth the effort!
Sold AS-IS.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,026
Year Built
- Built in 1967
Lot Details
- 0.3 Acre Lot
- South Facing Home
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Fixer Upper
- Shingle Roof
- Concrete Siding
- Stucco
Interior Spaces
- 1,638 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Electric Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Harbor City Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Central Air
- Heating Available
- Cable TV Available
Community Details
- No Home Owners Association
- Wells Map No 3 Subdivision
Listing and Financial Details
- Assessor Parcel Number 28-37-03-33-00003.0-0010.00
Map
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $4,026 | $253,460 | $0 | $0 |
| 2022 | $3,619 | $240,610 | $0 | $0 |
| 2021 | $3,191 | $171,540 | $70,000 | $101,540 |
| 2020 | $2,851 | $168,640 | $70,000 | $98,640 |
| 2019 | $2,772 | $165,900 | $65,000 | $100,900 |
| 2018 | $2,589 | $151,690 | $55,000 | $96,690 |
| 2017 | $2,404 | $134,130 | $55,000 | $79,130 |
| 2016 | $2,352 | $127,600 | $49,000 | $78,600 |
| 2015 | $2,154 | $89,120 | $37,630 | $51,490 |
| 2014 | $1,929 | $81,020 | $30,510 | $50,510 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Pending | -- | -- | -- |
| 08/14/2025 08/14/25 | For Sale | $200,000 | -- | $122 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $117,300 | Credit Line Revolving |
Source: Public Records
Similar Homes in Melbourne, FL
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1054545
APN: 28-37-03-33-00003.0-0010.00
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