$294,000
$5K PRICE DROP

586 Louvre Dr Melbourne, FL 32935

Estimated payment $1,645/month

Total Views 3,041
3 Beds
2 Baths
1,067 Sq Ft
$276 Price per Sq Ft

Highlights

  • Popular Property
  • Canal View
  • Screened Porch
  • Screened Pool
  • No HOA
  • Eat-In Kitchen

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; however, the roof was installed without permits. The property also contains aluminum wiring and will require updating and improvements throughout, making it best suited for cash purchasers. 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.

Listing Agent

Cindy Walker

One Sotheby's International License #3123156 Listed on: 05/20/2026

One Sotheby's International

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,022

Year Built

Built in 1971

Lot Details

7,841 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Drainage Canal
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Canal, Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Fountainhead Unit 2
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Fixer
  • General Property Information Community Fee(s) YN: No
  • General Property Information CDD Fee YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Primary Bathroom - Shower No Tub, Split Bedrooms
  • Flooring: Carpet, Tile
  • Appliances: Electric Water Heater, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Pool Features: In Ground, Screen Enclosure
  • Roof: Shingle
  • Fencing: Vinyl
  • Acres: 0.18
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Concrete, Vinyl Siding
  • Direction Faces: East
  • Patio And Porch Features: Patio, Screened

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Central

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-19-53-00002.0-0015.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 1021.73

MLS Schools

  • Elementary School: Roy Allen
  • High School: Eau Gallie

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 -- --
Source: Public Records

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

MLS Number: 1077763

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-19-53-00002.0-0015.00

Your Personal Tour Guide

Ask me questions while you tour the home.