Margarett Klein
EXP Realty, LLC
(321) 587-3019
131 Total Sales
5 in Melbourne
$195K - $525K Price Range
307 Palmetto Ave Melbourne, FL 32901
Melbourne AreaEstimated Value: $183,000 - $288,000
3
Beds
2
Baths
1,638
Sq Ft
$137/Sq Ft
Est. Value
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 2025Charming 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.
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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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2025
Closed on
Sep 4, 2025
Sold by
Hall Elizabeth
Bought by
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,139
Avg. Annual Appreciation
21.70%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Melbourne, FL
-
Margarett Klein
-
Lisa Ramsey
Lisa Ramsey
Keller Williams Realty Brevard
(321) 985-5358
101 Total Sales
16 in Melbourne
$155K - $658K Price Range
-
Sharon Maynard
Sharon Maynard
Space Coast Realty & Inv. LLC
(321) 587-3771
107 Total Sales
11 in Melbourne
$154K - $765K Price Range
-
Michelle Carey
Michelle Carey
Dale Sorensen Real Estate Inc.
(321) 541-4454
41 Total Sales
2 in Melbourne
$262K - $405K Price Range
-
Tamela Staubs
Tamela Staubs
Connect Homeowners LLC
(321) 248-5323
45 Total Sales
1 in Melbourne
$330,000 Price
-
Suzanne Mathieu
Suzanne Mathieu
Realty World Curri Properties
(650) 844-1184
1 Total Sale
1 in Melbourne
$160,000 Price
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $185,000 | None Listed On Document |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $117,300 |
Source: Public Records
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 |
|---|---|---|---|---|
| 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
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 | $4,637 | $276,340 | ||
| 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
-
Lacy Osborne
LO
Seller's Agent in 2025
Lacy Osborne
Real Broker LLC
(321) 631-5511
79 Total Sales
-
David Andai
Buyer's Agent in 2025
David Andai
Compass Florida LLC
(407) 203-9441
90 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1054545
APN: 28-37-03-33-00003.0-0010.00
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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