400 Espanola Way Melbourne, FL 32901
Estimated payment $2,009/month
Highlights
- Corner Lot
- Living Room
- Central Heating and Cooling System
- No HOA
- Tile Flooring
- 2-minute walk to Magnolia Manor Park
About This Home
Prime location and packed with character. This 3-bedroom, 2-bathroom FURNISHED home offers over 1,600 sq. ft. of living space on more than 1/4 acre lot in the heart of Melbourne. The home has been thoughtfully updated whilst showcasing its classic Old Florida charm. Inside, you’ll find plenty of space, a cozy main living area with a fireplace and updated kitchen with newer FRIGIDAIRE appliances. Some of the other updates are the plumbing, Roof (2022), AC (2024) and Water Heater (2025). Perfect for a growing family, busy professionals, or investors seeking a strong cash-flow opportunity. With its central location, modern improvements, and 2022 Roof, this versatile property is truly unique. Do not miss out, request a showing today!
Listing Agent
COLDWELL BANKER RESIDENTIAL RE Brokerage Phone: 407-647-1211 License #3302231 Listed on: 09/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,607
Year Built
- Built in 1957
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 90x125
- East Facing Home
- Corner Lot
- Property is zoned R1AA
Parking
- 1 Carport Space
Home Design
- Slab Foundation
- Membrane Roofing
- Block Exterior
- Stucco
Interior Spaces
- 1,622 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Family Room with Fireplace
- Living Room
- Range
- Laundry Located Outside
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Magnolia Park 02 Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 11 / 7
- Assessor Parcel Number 28 3704-02-7-9
Map
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 |
|---|---|---|---|---|
| 2025 | $3,607 | $234,820 | -- | -- |
| 2024 | $3,212 | $215,230 | -- | -- |
| 2023 | $3,212 | $177,670 | $60,000 | $117,670 |
| 2022 | $2,166 | $130,620 | $0 | $0 |
| 2021 | $2,015 | $108,750 | $50,000 | $58,750 |
| 2020 | $1,870 | $102,040 | $45,000 | $57,040 |
| 2019 | $1,848 | $105,370 | $45,000 | $60,370 |
| 2018 | $1,764 | $102,220 | $40,000 | $62,220 |
| 2017 | $1,601 | $84,330 | $35,000 | $49,330 |
| 2016 | $1,534 | $75,470 | $30,000 | $45,470 |
| 2015 | $1,423 | $59,310 | $25,000 | $34,310 |
| 2014 | $1,275 | $53,920 | $20,000 | $33,920 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/27/2025 11/27/25 | Price Changed | $2,400 | -4.0% | $1 / Sq Ft | |
| 10/22/2025 10/22/25 | For Rent | $2,500 | 0.0% | -- | |
| 09/03/2025 09/03/25 | For Sale | $325,000 | +41.2% | $200 / Sq Ft | |
| 05/27/2022 05/27/22 | Sold | $230,150 | +15.1% | $148 / Sq Ft | View Prior Sale |
| 05/06/2022 05/06/22 | Pending | -- | -- | -- | |
| 05/04/2022 05/04/22 | For Sale | $199,999 | 0.0% | $128 / Sq Ft | |
| 08/16/2012 08/16/12 | Rented | $875 | 0.0% | -- | |
| 08/15/2012 08/15/12 | Under Contract | -- | -- | -- | |
| 07/14/2012 07/14/12 | For Rent | $875 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $80,000 | Island Title & Escrow | |
| Warranty Deed | $230,200 | New Title Company Name |
Source: Stellar MLS
MLS Number: O6341111
APN: 28-37-04-02-00007.0-0009.00
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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