$83,000
Melbourne, FL 32901
MLS# 763523
Status: Closed
3 beds | 2 baths | 2297 sqft
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Property Description
This investment property is located in the historic downtown Melbourne redevelopment area. Property has been renovated and currently has a awesome small family renting at $1050 per month on a yearly lease. Investors from all over the state will be targeting this investment area trying to take advantage of the awesome changes coming soon. This location is a five minutes walk from the downtown shops, restaurants/bars and only a five minute drive from the beautiful florida beaches.
Details
Maps
Location, Tax, and Legal
Tax Account: 2817123
Parcel Number: 28-37-02-80-00000.0-0005.00
General County Location: South
Elementary School: University Park
Middle School: Stone
High School: Melbourne
Tax Annual Amount: 1150.23
Tax Year: 2015
Tax Legal Description: METCALFS UNRECORDED PLAT OF BALEM ALLEN TRACT E 54.5 FT OF LOT 5,E 54 FT OF LOT 4 & PT OF LOT 11 AS DES IN ORB 502 PG 37
Directions: Babcock to University Blvd. University east to Lipscomb street. Turn left on Lipscomb Street and go north to Brothers. Make a right on Brothers Ave and arrive to 1003 Brothers.
General Property Information
Bathrooms Half: 0
Living Area: 1825
Living Area Source: Other
Building Area Total: 2297
Lot Size Acres: 0.22
Lot Size Dimensions: 54.0 ft x 100.0 ft
Lot Size Square Feet: 9583
Association YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 200
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Senior Community YN: No
Water Body Access YN: No
Furnished: Unfurnished
Direction Faces: North
Pool Private YN: No
List Price/SqFt: 43.56
Sold Price/SqFt: 45.48
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 1963
Remarks and Miscellaneous
Public Remarks: This investment property is located in the historic downtown Melbourne redevelopment area. Property has been renovated and currently has a awesome small family renting at $1050 per month on a yearly lease. Investors from all over the state will be targeting this investment area trying to take advantage of the awesome changes coming soon. This location is a five minutes walk from the downtown shops, restaurants/bars and only a five minute drive from the beautiful florida beaches.
Appliances
Electric Range: 1
Refrigerator: 1
Construction Materials
Block: 1
Concrete: 1
Flooring
Carpet: 1
Tile: 1
Interior Features
Ceiling Fan(s): 1
Open Floorplan: 1
Laundry Features
In Garage: 1
Levels
One: 1
Lot Features
Few Trees: 1
Historic Area: 1
Parking Features
Additional Parking: 1
Pool Features
None: 1
Roof
Shingle: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Water Available: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Call Listing Office: 1
Contingency Reason
Waiting for Signatures: 1
Other: 1
Contract Information
Current Price: $83,000
Original List Price: 179500
Sold Price: $83,000
Status: Closed
Listing Contract Date: 2016-09-01
Property Sub Type: Single Family Residence
Location Tax and Legal
Street Number: 1003
Street Name: Brothers
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: Metcalfs Unrecorded Plat of Balem Allen Tract
Status Change Information
Major Change Timestamp: 2023-11-10T19:25:09Z
Major Change Type: Price Reduced
Price Change Timestamp: 2016-09-02T00:09:53Z
Status Change Timestamp: 2016-11-08
Contingency: Active Under Contract
Purchase Contract Date: 2016-10-07
Close Date: 2016-11-04
Close Price: 83000
Property Features
Appliances: Electric Range; Refrigerator
Construction Materials: Block; Concrete
Flooring: Carpet; Tile
Interior Features: Ceiling Fan(s); Open Floorplan
Laundry Features: In Garage
Levels: One
Lot Features: Few Trees; Historic Area
Parking Features: Additional Parking
Pool Features: None
Roof: Shingle
Sewer: Public Sewer
Showing Requirements: Appointment Only; Call Listing Agent; Call Listing Office
Special Listing Conditions: Standard
Utilities: Water Available
Contingency Reason: Waiting for Signatures; Other
Listing Office: Crown Realty & Investments,Inc
Last Updated: June - 17 - 2026
Information is deemed to be reliable, but is not guaranteed.