$232,500
Melbourne, FL 32901
MLS# 907434
Status: Closed
4 beds | 4 baths | 2213 sqft
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Property Description
BACK ON MARKET. Unique multi-generational home has 4 BEDROOMS - 4 BATHS & OFFICE - perfect for a large family or an INVESTOR. Located in OPPORTUNITY ZONE (capital gains advantage for investors) - within 2 miles of Florida Tech offering great rental income potential. Spacious MOTHER-IN-LAW SUITE on ground floor with separate entrance was added 2008. Newer dishwasher and washer/dryer. Solid wood beams accent soaring ceilings upon entry providing rustic charm on the ground floor. This home has good bones and huge potential with generous storage and workshop area included. Expansive back yard provides an amazing space for family gatherings while leaving plenty of room to add a pool and park a boat and RV. Property has been pre-inspected with multiple issues corrected by the seller
Details
Maps
Contract Information
Start Showing Date: 2021-07-12
Current Price: $232,500
Original List Price: 259900
Sold Price: $232,500
Status: Closed
Listing Contract Date: 2021-06-08
Property Sub Type: Single Family Residence
Location, Tax, and Legal
Tax Account: 2818451
Parcel Number: 28-37-04-02-00005.0-0015.00
General County Location: South
Elementary School: University Park
Middle School: Stone
High School: Melbourne
Tax Annual Amount: 3506.09
Tax Year: 2020
Tax Legal Description: MAGNOLIA PARK PLAT NO 2 LOTS 15,16,17 BLK 5
Directions: From !92 turn north on Airport Rd to left on Fee Ave. Go right one block (west) to Academy Dr. House is on left. From Hibiscus turn south on Airport -right on Fee & west on Academy. Don't use GPS.
General Property Information
Bathrooms Half: 0
Living Area: 1950
Living Area Source: Measured
Building Area Total: 2213
Lot Size Acres: 0.43
Lot Size Square Feet: 18731
Accessibility Features YN: Yes
Association YN: No
New Construction YN: No
Association Name: MAGNOLIA PARK PLAT NO 2
Garage YN: Yes
Property Use: 01 / SINGLE FAMILY RESIDENCE
Garage Spaces: 2
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Senior Community YN: No
Water Body Access YN: No
Furnished: Unfurnished
Direction Faces: East
Pool Private YN: No
List Price/SqFt: 133.28
Sold Price/SqFt: 119.23
Bedrooms Total: 4
Bathrooms Total: 4
Bathrooms Full: 4
Year Built: 1957
Remarks and Miscellaneous
Public Remarks: BACK ON MARKET. Unique multi-generational home has 4 BEDROOMS - 4 BATHS & OFFICE - perfect for a large family or an INVESTOR. Located in OPPORTUNITY ZONE (capital gains advantage for investors) - within 2 miles of Florida Tech offering great rental income potential. Spacious MOTHER-IN-LAW SUITE on ground floor with separate entrance was added 2008. Newer dishwasher and washer/dryer. Solid wood beams accent soaring ceilings upon entry providing rustic charm on the ground floor. This home has good bones and huge potential with generous storage and workshop area included. Expansive back yard provides an amazing space for family gatherings while leaving plenty of room to add a pool and park a boat and RV. Property has been pre-inspected with multiple issues corrected by the seller
Accessibility Features
Accessible Full Bath: 1
Grip-Accessible Features: 1
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Electric Water Heater: 1
Refrigerator: 1
Washer: 1
Closing Company Details
Closing Company Name: State Title Partners
321 728-3836
Closing Company Address: 300 W. Fee Ave. Melbourne, Fl 32901
Construction Materials
Block: 1
Concrete: 1
Fiber Cement: 1
Frame: 1
Stucco: 1
Vinyl Siding: 1
Wood Siding: 1
Cooling
Central Air: 1
Wall/Window Unit(s): 1
Fencing
Chain Link: 1
Fenced: 1
Wood: 1
Flooring
Laminate: 1
Terrazzo: 1
Tile: 1
Wood: 1
Green Water Conservation
Water-Smart Landscaping: 1
Heating
Central: 1
Electric: 1
Interior Features
Breakfast Bar: 1
Built-in Features: 1
Ceiling Fan(s): 1
Kitchen Island: 1
Open Floorplan: 1
Pantry: 1
Primary Bathroom - Tub with Shower: 1
Primary Downstairs: 1
Split Bedrooms: 1
Vaulted Ceiling(s): 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Historic Area: 1
Other Structures
Shed(s): 1
Workshop: 1
Parking Features
Attached: 1
Patio And Porch Features
Deck: 1
Patio: 1
Porch: 1
Pets Allowed
Yes: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Road Surface Type
Asphalt: 1
Roof
Metal: 1
Shingle: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Water Source
Public: 1
Showing Requirements
Lockbox: 1
Showing Service: 1
Property Condition
Fixer: 1
Room Types
Dining Room: 1
Great Room: 1
Laundry: 1
Library: 1
Office: 1
Location Tax and Legal
Street Number: 1709
Street Name: Academy
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2021-10-15T14:07:40Z
Major Change Type: Status Change
Status Change Timestamp: 2021-10-15
Purchase Contract Date: 2021-08-19
Close Date: 2021-10-01
Close Price: 232500
Property Features
Accessibility Features: Accessible Full Bath; Grip-Accessible Features
Appliances: Dishwasher; Dryer; Electric Range; Electric Water Heater; Refrigerator; Washer
Construction Materials: Block; Concrete; Fiber Cement; Frame; Stucco; Vinyl Siding; Wood Siding
Cooling: Central Air; Wall/Window Unit(s)
Fencing: Chain Link; Fenced; Wood
Flooring: Laminate; Terrazzo; Tile; Wood
Green Water Conservation: Water-Smart Landscaping
Heating: Central; Electric
Interior Features: Breakfast Bar; Built-in Features; Ceiling Fan(s); Kitchen Island; Open Floorplan; Pantry; Primary Bathroom - Tub with Shower; Primary Downstairs; Split Bedrooms; Vaulted Ceiling(s)
Levels: Two
Listing Terms: Cash; Conventional
Lot Features: Historic Area
Other Structures: Shed(s); Workshop
Parking Features: Attached
Patio And Porch Features: Deck; Patio; Porch
Pets Allowed: Yes
Pool Features: None
Possession: Close Of Escrow
Property Condition: Fixer
Road Surface Type: Asphalt
Roof: Metal; Shingle
Sewer: Public Sewer
Showing Requirements: Lockbox; Showing Service
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected
Water Source: Public
Room Types: Dining Room; Great Room; Laundry; Library; Office
Listing Office: Pioneer Properties USA
Last Updated: June - 23 - 2026
Information is deemed to be reliable, but is not guaranteed.