$160,000
Melbourne, FL 32901
MLS# 937784
Status: Closed
3 beds | 2 baths | 1998 sqft

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Property Description
Amazing investment opportunity with extreme potential! This home with a large (almost third acre) lot is possible to rezone as commercial with mixed use. Central location close to everything - downtown Melbourne, Melbourne Orlando International Airport, the beaches, shopping, and restaurants. Being sold AS-IS, Cash Only.
Details
Maps
Location, Tax, and Legal
Tax Account: 2818504
Parcel Number: 28-37-04-02-00013.0-0019.00
General County Location: South
Elementary School: University Park
Middle School: Stone
High School: Melbourne
Tax Annual Amount: 1995.88
Tax Year: 2021
Tax Legal Description: MAGNOLIA PARK PLAT NO 2 LOTS 19,20 BLK 13
Directions: From 192, go North on Dr Martin Luther King Jr Blvd (used to be Airport), home on Right.
General Property Information
Bathrooms Half: 0
Living Area: 1450
Living Area Source: Public Records
Building Area Total: 1998
Lot Size Acres: 0.29
Lot Size Square Feet: 12632
Association YN: No
New Construction YN: No
Association Name: MAGNOLIA PARK PLAT NO 2
Garage YN: No
Property Use: 01 / SINGLE FAMILY RESIDENCE
Garage Spaces: 0
Carport YN: No
Carport Spaces: 0
Waterfront YN: No
Senior Community YN: No
Water Body Access YN: No
Furnished: Unfurnished
Direction Faces: West
Pool Private YN: No
List Price/SqFt: 134.48
Sold Price/SqFt: 110.34
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Year Built: 1955
Remarks and Miscellaneous
Public Remarks: Amazing investment opportunity with extreme potential! This home with a large (almost third acre) lot is possible to rezone as commercial with mixed use. Central location close to everything - downtown Melbourne, Melbourne Orlando International Airport, the beaches, shopping, and restaurants. Being sold AS-IS, Cash Only.
Appliances
None: 1
Closing Company Details
Closing Company Name: Platinum Title vicky@platinumtitleflorida.com
Closing Company Address: 428 S Tamiami Trail, Osprey, FL
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Fireplace Features
Wood Burning: 1
Other: 1
Flooring
Other: 1
Legal Details
Permission Granted to Advertise: No
Levels
One: 1
Listing Terms
Cash: 1
Parking Features
Other: 1
Pets Allowed
Yes: 1
Pool Features
None: 1
Roof
Membrane: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Water Source
Public: 1
Showing Requirements
Lockbox: 1
Showing Service: 1
Property Condition
Fixer: 1
Contract Information
Current Price: $160,000
Original List Price: 225000
Sold Price: $160,000
Status: Closed
Listing Contract Date: 2022-06-14
Property Sub Type: Single Family Residence
Location Tax and Legal
Street Number: 1609
Street Name: Dr Martin Luther King Jr
Street Suffix: Boulevard
County: Brevard
State: FL
Postal Code: 32901
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: Magnolia Park Plat No 2
Status Change Information
Major Change Timestamp: 2023-11-11T02:54:57Z
Major Change Type: Price Reduced
Price Change Timestamp: 2022-06-26T14:43:11Z
Status Change Timestamp: 2022-07-29
Purchase Contract Date: 2022-07-08
Close Date: 2022-07-29
Close Price: 160000
Property Features
Appliances: None
Construction Materials: Block; Concrete; Stucco
Fireplace Features: Wood Burning; Other
Flooring: Other
Levels: One
Listing Terms: Cash
Parking Features: Other
Pets Allowed: Yes
Pool Features: None
Property Condition: Fixer
Roof: Membrane
Sewer: Public Sewer
Showing Requirements: Lockbox; Showing Service
Special Listing Conditions: Standard
Utilities: Cable Available
Water Source: Public
Listing Office: Keller Williams Realty Brevard
Last Updated: June - 15 - 2026
Information is deemed to be reliable, but is not guaranteed.
