$185,000
SOLD SEP 4, 2025

307 Palmetto Ave Melbourne, FL 32901

3 Beds
2 Baths
1,638 Sq Ft
13,068 Sq Ft Lot

Recently Sold

$113 Per Sq Ft

8% Below List Price

1 Day on Market

Highlights

  • No HOA
  • Tile Flooring
  • South Facing Home
  • 2 Car Attached Garage
  • Central Air
  • 4-minute walk to Melbourne Military Memorial Park

About This Home

As of September 2025

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.

Last Agent to Sell the Property

Lacy Osborne

Real Broker LLC License #3527755 Listed on: 08/14/2025

Real Broker LLC

Last Buyer's Agent

David Andai

Compass Florida LLC License #3513832

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,026

Year Built

  • Built in 1967

Lot Details

  • 13,068 Sq Ft 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,026

Year Built

Built in 1967

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Wells Map No 3
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 28-37-03-33-00003.0-0010.00
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 4026.4
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1638.0
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13068.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Property Condition Fixer: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information Land Lease YN2: No
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Marketing Remarks:Marketing Remarks: 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.
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances:Electric Range: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.3
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Other21: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-03-33-00003.0-0010.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4026.4

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2025
Closed on
Sep 4, 2025
Sold by
Hall Elizabeth
Bought by
Kofflin Matthew L
Seller's Agent
Lacy Osborne
Real Broker LLC
Buyer's Agent
David Andai
Compass Florida LLC
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%
Views
16
Current Estimated Value
$231,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,345
Avg. Annual Appreciation
49.06%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $185,000 None Listed On Document
Warranty Deed $185,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2025 09/04/25 Sold $185,000 -7.5% $113 / Sq Ft
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®)

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 $4,221 $263,960 -- --
2024 $4,026 $255,560 -- --
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

Agents Affiliated with this Home

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Map

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

MLS Number: 1054545

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-03-33-00003.0-0010.00

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