2 months on rocket

1803 Loquat Dr, Melbourne, FL, 32901

$299,000

Home List Price

$3,551*

Closing Credit

3 Bedrooms
2 Full Baths
1,580 SqFt
$189/SqFt
House

Location

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1803 Loquat Dr, Melbourne$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, RV Access/Parking
Year Built1958
HeatingElectric
CoolingCentral Air, Electric
MLS #1023256
Lot Size0.37 Acres
StatusActive

About 1803 Loquat Dr

Welcome Home to 1803 Loquat Drive in the heart of Melbourne, FL. This 3-bedroom, 2-bathroom gem sits on a lush, spacious, 0,37 acre lot, offering privacy and potential. With mid-century modern touches, this home is a canvas ready for your personal updates to bring its timeless character back to life. Enjoy the convenience of an RV parking pad with power, a storage shed, fenced back yard and ample outdoor space for relaxation or play. This property is primed for you to move right in or transform into a fantastic investment opportunity! Located just minutes from top Brevard employers like Harris, Northrop Grumman, and Rockwell Collins, this home also boasts easy access to beautiful beaches, shopping malls, and local attractions. This property is a rare find in one of the area's best locations—don't miss your chance to create your dream home!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1958
  • Stories: 1
  • Living Area: 1,580 SqFt

Listing Office:

  • Office Name: Relentless Real Estate Co.
  • Office Phone: (321) 302-0763
  • Listing Agent: Mariacher Masucci Home Selling Team

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Flooring Type: Carpet, Tile
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Attached Garage: No
  • Parking: Attached Carport, RV Access/Parking

Virtual/3D Tour

  • Virtual Tour: 1803 Loquat Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From Airport Blvd Head West on Fee and then head South on Loquat Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $189/SqFt

Tax Information:

  • Annual Amount: $833
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Melbourne, FL.

Med. Sold Price

$420.8K

Med. Price/SqFt

$237

Avg. Days On Market

58

# of Sold Homes

237

1803 Loquat Dr vs Melbourne

82 DAYS ON ROCKET

+24 Days

$299,000

-$121.8K Less

$189/SqFt

-$48 Less

KEY TAKEAWAY

This property is $121.8K less than the Median Sold Price and $48/SqFt less than other homes in Melbourne, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1023256

Listing Office:

  • Office Name: Relentless Real Estate Co.
  • Office Phone: (321) 302-0763
  • Listing Agent: Mariacher Masucci Home Selling Team

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:55:12 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$833$82,710
2019$813$80,860
2018$803$79,360
2017$803$77,730

History based on county public records data.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-542271
3
/10
  • University Park Elementary School

  • 500 W University Blvd

  • 1.21 miles

  • Public District Grades PK-6

school-card-donut-542272
10
/10
  • W. Melbourne Elementary School for Science

  • 2255 Meadowlane Ave

  • 2.55 miles

  • Public District Grades PK-6

school-card-donut-542273
8
/10
  • Educational Horizons Charter

  • 1281 S Wickham Rd

  • 2.66 miles

  • Public Charter Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,630. Most Melbourne, FL residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1803 Loquat Dr

What is the listing price of this property?

The listing price of 1803 Loquat Dr property is $299,000.

What type of property is this?

The property 1803 Loquat Dr is a house located in Melbourne, Florida, 32901.

Is this property for sale now?

Active Listing: 1803 Loquat Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $833 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1803 Loquat Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1803 Loquat Dr is 1,580 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1803 Loquat Dr is 1958.

Rocket HomesFloridaBrevard CountyMelbourne329011803 Loquat Dr

This home is located at 1803 Loquat Dr in Melbourne, FL and zip code 32901 in the Magnolia Park neighborhood. This 1,580 square foot home, which was built in 1958, sits on a 0.37 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $299,000.

In October 2024 more than 12 listings in Melbourne, FL were sold above the asking price. During the same period more than 65 listings were sold at asking price, while more than 160 were sold below. The inventory of homes for sale in Melbourne, FL between September 2024 and October 2024 increased by 2.1%. The median list price of listings available in October 2024 was $420,837, while the average time on the real estate market was 58 days.

From Rocket Homes Real Estate and based on county public records data.

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