NOT LISTED FOR SALE

Estimated Value: $512,005

0.51 Acre
$1,003,931 Price per Acre
22,216 Sq Ft Lot

Sale Details

Date Sold: October 6, 2025

Last sale price $500,000 $159 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,229 / mo

2 Days on Market

Highlights

  • 97 Feet of Waterfront
  • 0.51 Acre Lot
  • Canal View
  • Home fronts a creek

About This Lot

As of October 2025

WATERFRONT NAVIGABLE LOT IN THE HEART OF DOWNTOWN MELBOURNE. Boat Lovers dream opportunity. Walk to all the local shops, restaurants, nightlife in HISTORIC DOWNTOWN MELBOURNE. This 1/2 acre sits on Crane Creek and connects to the Indian River. Come build your dream home and watch the dolphins and manatee swim by your backyard!

Last Agent to Sell the Property

Michael Swanson

Compass Florida, LLC License #3323965 Listed on: 09/09/2025

Compass Florida, LLC

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,146

Lot Details

  • 22,216 Sq Ft Lot
  • Home fronts a creek
  • 97 Feet of Waterfront
  • Home fronts navigable water
  • Home fronts a canal
  • Street terminates at a dead end
  • Cleared Lot

Property Views

  • Canal
  • Creek or Stream

Schools

  • University Park Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-37-03-54-00000.0-0137.00
  • Seller Concessions Offered

Community Details

Overview

  • Meyers Add To Melbourne Resubd Subdivision

Recreation

  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$7,146

Lot Details

0.51 Acres

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Dead End Street
  • Road Surface Type: Paved
  • Reso View: Canal, Creek/Stream
  • Water Body Name: Crane Creek
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Meyers Add To Melbourne Resubd
  • General Property Information Water Frontage Feet: 97
  • General Property Information CDD Fee YN: No
  • Marketing Remarks:Marketing Remarks: WATERFRONT NAVIGABLE LOT IN THE HEART OF DOWNTOWN MELBOURNE. Boat Lovers dream opportunity. Walk to all the local shops, restaurants, nightlife in HISTORIC DOWNTOWN MELBOURNE. This 1/2 acre sits on Crane Creek and connects to the Indian River. Come build your dream home and watch the dolphins and manatee swim by your backyard!
  • General Property Information Water Body Access YN3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.51
  • Waterfront Features: Creek, Canal Front, Navigable Water
  • Waterfront: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential, Single Family, Unimproved
  • Lot Size Sq Ft: 22216.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-03-54-00000.0-0137.00
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7145.54

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

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
Sep 9, 2025
Closed on
Oct 6, 2025
Sold by
Bought by
Seller's Agent
Michael Swanson
Compass Florida, LLC
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Views
6
Current Estimated Value
$512,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,005
Avg. Annual Appreciation
2.94%

Purchase Details

Listed on
Oct 6, 2023
Closed on
Sep 18, 2024
Sold by
Bought by
Seller's Agent
Dave Settgast
One Sotheby's International
Buyer's Agent
Michael Swanson
Compass Florida, LLC
List Price
$585,000
Sold Price
$525,000
Premium/Discount to List
-$60,000
-10.26%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.54%
Original Mortgage
$393,750
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2023
Closed on
Sep 11, 2024
Sold by
Bought by
Seller's Agent
Dave Settgast
One Sotheby's International
Buyer's Agent
Michael Swanson
Compass Florida, LLC
List Price
$585,000
Sold Price
$525,000
Premium/Discount to List
-$60,000
-10.26%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
7.88%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$500,000 State Title Partners
$525,000 State Title Partners
$525,000 State Title Partners
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
Closed $393,750
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 Prior Sale
10/06/2025 10/06/25 Sold $500,000 -9.1% $159 / Sq Ft
09/11/2025 09/11/25 Pending -- -- --
09/09/2025 09/09/25 For Sale $550,000 +4.8% $175 / Sq Ft
09/18/2024 09/18/24 Sold $525,000 -4.5% $167 / Sq Ft View Prior Sale
02/28/2024 02/28/24 Price Changed $550,000 -2.7% $175 / Sq Ft
12/12/2023 12/12/23 Price Changed $565,000 -3.4% $180 / Sq Ft
10/06/2023 10/06/23 For Sale $585,000 -- $186 / 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
2025 $4,918 $370,000
2024 $7,146 $285,000
2023 $7,146 $403,030 $275,000 $128,030
2022 $2,458 $189,500 $0 $0
2021 $2,474 $183,990 $0 $0
2020 $2,438 $181,450 $0 $0
2019 $2,450 $177,380 $0 $0
2018 $2,436 $174,080 $0 $0
2017 $2,428 $170,500 $0 $0
2016 $2,488 $167,000 $126,000 $41,000
2015 $2,431 $165,840 $126,000 $39,840
2014 $2,383 $164,530 $120,000 $44,530
Source: Public Records

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Map

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

MLS Number: 1056640

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-03-54-00000.0-0137.00

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