Excellent opportunity to purchase a 0.75 acre piece of residential land in the heart of Melbourne! Property has est. 264' frontage on Magnolia Avenue x 264' Frontage on Beecher Street x 132' frontage on Mathers Street. Per City of Melbourne Zoning Department, Zoning allows up to 6-units per acre and 36' height restrictions. Utilities include City Water/Sewer & FPL Electric. Lot is mostly cleared. Property is located within minutes of the Eau Gallie Arts District (EGAD) which is home to a variety of Breweries, Restaurants, Comedy Clubs, and event spaces. Close proximity to Eau Gallie Boulevard which is a direct connector to the beaches and Interstate 95. Lots of employers, schools, and dining nearby. Call for details!
Directions: Starting on US1 turn west onto Masterson Street. Magnolia Avenue is an immediate south turn. Property is located at the Magnolia Avenue x Mathers Street x Beecher Street corner.
Price Information
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Price Summary:
List Price: $260,000
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Schools
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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.
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Nearby Schools
3
/10
Dr. W. J. Creel Elementary School
2000 Glenwood Dr
Distance between this listing and this school0.64 miles
Public District Grades PK-6
4
/10
Croton Elementary School
1449 Croton Rd
Distance between this listing and this school1.28 miles
Public District Grades PK-6
6
/10
Harbor City Elementary School
1377 Sarno Rd
Distance between this listing and this school1.29 miles
Public District Grades PK-6
Nearby Schools
3
/10
L. B. Johnson Middle School
2155 Croton Rd
Distance between this listing and this school1.15 miles
Public District Grades 7-8
8
/10
DeLaura Middle School
300 Jackson Ave
Distance between this listing and this school3.92 miles
Public District Grades 7-8
5
/10
Hoover Middle School
2000 Hawk Haven Dr
Distance between this listing and this school4.48 miles
Public District Grades 7-8
Nearby Schools
3
/10
Eau Gallie High School
1400 Commodore Blvd
Distance between this listing and this school0.93 miles
Public District Grades 9-12
1
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South Area Alternative Learning Center
2175 N Wickham Rd
Distance between this listing and this school2.18 miles
Public District Grades 6-12
10
/10
West Shore Junior/Senior High School
250 Wildcat Aly
Distance between this listing and this school2.18 miles
The neighbors living near this home have an average income of $33,750. Residents of Melbourne, FL typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1920 Magnolia Ave
What is the listing price of this property?
The listing price of 1920 Magnolia Ave property is $260,000.
What type of property is this?
The property 1920 Magnolia Ave is land located in Melbourne, Florida, 32935.
Is this property for sale now?
Active Listing: 1920 Magnolia Ave is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 1920 Magnolia Ave in Melbourne, FL and zip code 32935. This home sits on a 0.75 acre lot. It has been listed on Rocket Homes since December 23, 2024 and is currently priced at $260,000.
In November 2024 more than 6 listings in Melbourne, FL were sold above the asking price. During the same period more than 43 listings were sold at asking price, while more than 134 were sold below. Between October 2024 and November 2024, Melbourne, FL real estate market has seen increase in the number of listings by 2.9%. In November 2024 median list price was $420,005 and the average listing age was 65 days.
From Rocket Homes Real Estate and based on county public records data.