NOT LISTED FOR SALE

823 E Melbourne Ave Melbourne, FL 32901

Estimated Value: $559,000 - $940,000

3 Beds
2 Baths
1,720 Sq Ft
$403/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $600,000 $349 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,164/month

34 Days on Market

Highlights

  • Boat Dock
  • Home fronts a creek
  • 0.61 Acre Lot
  • Home fronts navigable water
  • RV Access or Parking
  • 2-minute walk to Holmes Park

About This Home

As of March 2023

Great investment opportunity in the historic waterfront Downtown Melbourne community. 3 Bedroom 2 bathroom single family home w/ a private dock on the sheltered harbor of Crane Creek with direct access to the Indian River. Navigate your boat through Melbourne Harbor into the nearby Indian River and through the Intracoastal Waterway Or enjoy downtown Melbourne's vibrant nightlife, Walking distance to fine restaurants, boutique shops, rooftop bars & beautiful parks. Downtown is thriving and now's your chance to be right in the middle of it! Connecting property is also listed for sale and can be purchased together for a rare multi family development opportunity with potential up to 15 units!

Last Agent to Sell the Property

Anthony Romero

LIV Signature Real Estate, LLC License #695178 Listed on: 01/19/2023

Last Buyer's Agent

Lorilyn Gaudette

Lighthouse Realty of Brev.,Inc License #408639

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,623

Year Built

  • Built in 1900

Lot Details

  • 0.61 Acre Lot
  • Home fronts a creek
  • Home fronts navigable water
  • Home fronts a canal
  • North Facing Home

Parking

  • RV Access or Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Asphalt

Interior Spaces

  • 1,720 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Canal Views
  • Dishwasher
  • Dryer

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 28-37-03-Fd-00048.0-000f.00

Community Details

Overview

  • No Home Owners Association
  • Powells Resubd Of Melbourne Association
  • Powells Resubd Of Melbourne Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,623

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1900
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Reso View: Canal, Water
  • Water Body Name: Crane Creek
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Powells Resubd of Melbourne
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-03-Fd-00048.0-000f.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 7622.56
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1720.0
  • General Property Information Building Area Total3: 1720.0
  • General Property Information Lot Size Acres: 0.61
  • General Property Information Lot Size Square Feet2: 26572.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Flooring Wood: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Flooring Vinyl: Yes
  • ViewCanal: Yes
  • Cooling WallWindow Unit(s): Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedrooms
  • Flooring: Tile, Vinyl, Wood
  • Appliances: Dishwasher, Dryer, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Split Bedrooms: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.61
  • Pool Private: No
  • Waterfront Features: Canal Front, Creek, Navigable Water
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: North
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Creek: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Property Information:Garage YN: No
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: POWELLS RESUBD OF MELBOURNE
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: POWELLS RESUBD OF MELBOURNE
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 26572.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-03-Fd-00048.0-000f.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7622.56

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Mar 31, 2023
Sold by
Broome Cary
Bought by
Charles & Lorilyn Gaudette Revocable Trust
Seller's Agent
Anthony Romero
LIV Signature Real Estate, LLC
Buyer's Agent
Lorilyn Gaudette
Lighthouse Realty of Brev.,Inc
List Price
$649,000
Sold Price
$600,000
Premium/Discount to List
-$49,000
-7.55%
Views
88
Current Estimated Value
$694,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,000
Avg. Annual Appreciation
5.39%
Original Mortgage
$500,000
Interest Rate
6.32%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 10, 2021
Sold by
Lawrence Donna Hamilton
Bought by
Broome Cary and Berger Jonathan

Purchase Details

Closed on
Dec 4, 2019
Sold by
Lawrence Donna H
Bought by
Lawrence Donna Hamilton and Donna Hamilton Lawrence Trust

Purchase Details

Closed on
Oct 1, 2016
Bought by
Lawrence Donna
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Charles & Lorilyn Gaudette Revocable Trust $1,200,000 Heritage Title
Broome Cary $850,000 State Title Partners Llp
Lawrence Donna Hamilton -- Attorney
Lawrence Donna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Charles & Lorilyn Gaudette Revocable Trust $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $600,000 -7.6% $349 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $649,000 -- $377 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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 $6,418 $956,320 -- --
2024 $7,798 $372,000 -- --
2023 $7,798 $440,410 -- --
2022 $7,623 $439,380 $0 $0
2021 $5,857 $319,560 $295,860 $23,700
2020 $5,363 $290,420 $268,360 $22,060
2019 $5,249 $273,570 $251,860 $21,710
2018 $5,325 $271,850 $240,860 $30,990
2017 $5,321 $264,230 $240,860 $23,370
2016 $5,562 $261,550 $240,860 $20,690
2015 $5,672 $259,420 $240,860 $18,560
2014 $5,366 $246,670 $229,860 $16,810
Source: Public Records

Agents Affiliated with this Home

  • Anthony Romero

    Seller's Agent in 2023

    Anthony Romero

    LIV Signature Real Estate, LLC

    (321) 917-7450

    14 in this area

    100 Total Sales

    Anthony Romero
    Section Image

  • L

    Buyer's Agent in 2023

    Lorilyn Gaudette

    Lighthouse Realty of Brev.,Inc

    (321) 432-3073

    4 in this area

    10 Total Sales

    Lorilyn Gaudette
    Section Image
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Map

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

MLS Number: 955129

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-03-FD-00048.0-000F.00

Florida Brevard County Melbourne 32901

823 E Melbourne Ave, Melbourne, FL

Not Listed for Sale

Detached

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