416 3rd Ave Melbourne Beach, FL 32951
Melbourne Beach Neighborhood
3
Beds
2
Baths
1,580
Sq Ft
0.31
Acres
Highlights
- In Ground Pool
- No HOA
- Breakfast Area or Nook
- Gemini Elementary School Rated A-
- Covered patio or porch
- Tile Flooring
About This Home
As of July 2025THIS IS A GEM FOR THE RiGHT BUYER! AMAZING OPPORTUNITY FOR MELBOURNE BEACH PROPERTY! Calling INVESTORS, INVESTOR SPECIAL HERE! Rare Melbourne Beach opportunity in needs loads of TLC/RENOVATION But this pool home has so much to offer! Sitting on .31 of an Acre with a 2 car garage this home offers many updates: A/C 2018, Fence 2023, Garage Door 2017, Updated Electrical Box, & W/H 2017, Half a block Walk to the Indian River and just 2 1/2 blocks to the Beaches! Small public access area to Indian River a few streets away. Pool pump is not currently running/on. More photos coming soon.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,872
Year Built
- Built in 1962
Lot Details
- 0.31 Acre Lot
- South Facing Home
- Wood Fence
- Few Trees
Parking
- 2 Car Garage
Home Design
- Fixer Upper
- Shingle Roof
- Block Exterior
- Asphalt
Interior Spaces
- 1,580 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Kitchen
- Breakfast Area or Nook
- Electric Oven
- Electric Range
- Dishwasher
Flooring
- Concrete
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Garage
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Covered patio or porch
Schools
- Gemini Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Wilcox Melbourne Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 28-38-07-Fy-00012.0-0021.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2025
Closed on
Jul 8, 2025
Sold by
Nettles Debora Karen
Bought by
Cardigan Investment Group Llc
Seller's Agent
Barbara Lyn
RE/MAX Elite
Buyer's Agent
David Andai
Compass Florida LLC
List Price
$469,900
Sold Price
$455,000
Premium/Discount to List
-$14,900
-3.17%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.21%
Original Mortgage
$573,300
Outstanding Balance
$573,300
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$101,827
Purchase Details
Listed on
Jun 12, 2025
Closed on
Jun 3, 2025
Sold by
Richard M Wood Revocable Trust and Nettles Debora Karen
Bought by
Nettles Debora Karen
Seller's Agent
Barbara Lyn
RE/MAX Elite
Buyer's Agent
David Andai
Compass Florida LLC
List Price
$469,900
Sold Price
$455,000
Premium/Discount to List
-$14,900
-3.17%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,300
Outstanding Balance
$573,300
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$101,827
Purchase Details
Closed on
Jan 27, 2011
Sold by
Wood Richard M
Bought by
Richard M Wood Revocable Trust and Wood
Purchase Details
Closed on
May 19, 1997
Sold by
Ladrew Richard and Ladrew Gina
Bought by
Wood Richard M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
8.17%
Purchase Details
Closed on
Mar 26, 1997
Sold by
Whitley Barbara and Pearman Florence
Bought by
Ladrew Richard and Ladrew Gina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
8.17%
Similar Homes in Melbourne Beach, FL
Create a Home Valuation Report for This Property
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
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $455,000 | Prestige Title Of Brevard | |
| Warranty Deed | $455,000 | Prestige Title Of Brevard | |
| Deed | $100 | None Listed On Document | |
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $123,000 | -- | |
| Warranty Deed | $98,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $573,300 | New Conventional | |
| Closed | $573,300 | New Conventional | |
| Previous Owner | $142,000 | New Conventional | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $98,400 | No Value Available | |
| Previous Owner | $79,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Sold | $455,000 | -3.2% | $288 / Sq Ft |
| 06/12/2025 06/12/25 | For Sale | $469,900 | -- | $297 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $1,872 | $155,680 | $0 | $0 |
| 2022 | $1,809 | $151,150 | $0 | $0 |
| 2021 | $1,850 | $146,750 | $0 | $0 |
| 2020 | $1,830 | $144,730 | $0 | $0 |
| 2019 | $1,815 | $141,480 | $0 | $0 |
| 2018 | $1,798 | $138,850 | $0 | $0 |
| 2017 | $1,770 | $136,000 | $0 | $0 |
| 2016 | $1,803 | $154,080 | $154,080 | $0 |
| 2015 | $1,830 | $144,450 | $144,450 | $0 |
| 2014 | $1,832 | $131,240 | $130,010 | $1,230 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Barbara Lyn
RE/MAX
(321) 508-5650
2 in this area
144 Total Sales
-
Buyer's Agent in 2025
David Andai
Compass Florida LLC
(321) 327-4503
4 in this area
61 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1048185
APN: 28-38-07-FY-00012.0-0021.00
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