586 Louvre Dr Melbourne, FL 32935
Melbourne AreaEstimated payment $1,525/month
Highlights
- Screened Pool
- No HOA
- Eat-In Kitchen
- Canal View
- Screened Porch
- Patio
About This Home
Opportunity awaits in this 3-bedroom, 2-bath pool home located in an established Melbourne community with an elementary school conveniently situated at the back of the subdivision. Situated at 586 Louvre Drive, this property offers tremendous potential for an investor, flipper, or cash buyer looking to create value. The home features a private pool and spa, spacious layout, and a newer roof. With great bones, desirable location, and strong upside potential, this could be the perfect project for someone ready to transform it into a standout home or investment property. Roof replaced in 2017. A/C handler 2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,022
Year Built
- Built in 1971
Lot Details
- 7,841 Sq Ft Lot
- East Facing Home
- Vinyl Fence
Parking
- 1 Car Garage
Home Design
- Fixer Upper
- Shingle Roof
- Concrete Siding
- Vinyl Siding
- Asphalt
Interior Spaces
- 1,067 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Screened Porch
- Canal Views
- Laundry in Garage
Kitchen
- Eat-In Kitchen
- Microwave
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- No Tub in Bathroom
Pool
- Screened Pool
- In Ground Pool
Schools
- Roy Allen Elementary School
- Central Middle School
- Eau Gallie High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Patio
- Drainage Canal
Community Details
- No Home Owners Association
- Fountainhead Unit 2 Subdivision
Listing and Financial Details
- Assessor Parcel Number 27-37-19-53-00002.0-0015.00
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,022 | $92,740 | ||
| 2024 | $925 | $90,130 | ||
| 2023 | $925 | $87,510 | ||
| 2022 | $842 | $84,970 | $0 | $0 |
| 2021 | $833 | $82,500 | $0 | $0 |
| 2020 | $818 | $81,370 | $0 | $0 |
| 2019 | $809 | $79,550 | $0 | $0 |
| 2018 | $798 | $78,070 | $0 | $0 |
| 2017 | $788 | $76,470 | $0 | $0 |
| 2016 | $795 | $74,900 | $20,000 | $54,900 |
| 2015 | $815 | $74,380 | $20,000 | $54,380 |
| 2014 | $809 | $73,790 | $19,080 | $54,710 |
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 |
|---|---|---|---|---|
| 07/12/2026 07/12/26 | Price Changed | $265,000 | -5.0% | $248 / Sq Ft |
| 06/15/2026 06/15/26 | Price Changed | $279,000 | -3.5% | $261 / Sq Ft |
| 06/12/2026 06/12/26 | Price Changed | $289,000 | -1.7% | $271 / Sq Ft |
| 06/02/2026 06/02/26 | Price Changed | $294,000 | -1.7% | $276 / Sq Ft |
| 05/20/2026 05/20/26 | For Sale | $299,000 | -- | $280 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Attorney | |
| Warranty Deed | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Open | $255,000 | FHA | |
| Closed | $255,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $100,000 | Unknown |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1077763
APN: 27-37-19-53-00002.0-0015.00
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Ask me questions while you tour the home.