new - 1 day on rocket

1920 Magnolia Ave, Melbourne, FL, 32935

$260,000

0.75 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #1032531
Lot Size0.75 Acres
StatusActive

About 1920 Magnolia Ave

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!

Property Details

Property Features

Listing Office:

  • Office Name: The Ullian Realty Corporation
  • Office Phone: (321) 729-9900
  • Listing Agent: Zachary Michael Ullian

Virtual/3D Tour

  • Virtual Tour: 1920 Magnolia Ave
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Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.75 Acres

Other

Directions Information:

  • 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

Listing Price Info

Price Summary:

  • List Price: $260,000
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Housing Market Comparison

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

Med. Sold Price

$420K

Med. Price/SqFt

$236

Avg. Days On Market

65

# of Sold Homes

183

1920 Magnolia Ave vs Melbourne

1 DAY ON ROCKET

-64 Days

$260,000

-$160K Less

KEY TAKEAWAY

This property is $160K less than the Median Sold Price 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: #1032531

Listing Office:

  • Office Name: The Ullian Realty Corporation
  • Office Phone: (321) 729-9900
  • Listing Agent: Zachary Michael Ullian

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: 12/24/2024, 7:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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-1414028
3
/10
  • Dr. W. J. Creel Elementary School

  • 2000 Glenwood Dr

  • 0.64 miles

  • Public District Grades PK-6

school-card-donut-1414029
4
/10
  • Croton Elementary School

  • 1449 Croton Rd

  • 1.28 miles

  • Public District Grades PK-6

school-card-donut-1414030
6
/10
  • Harbor City Elementary School

  • 1377 Sarno Rd

  • 1.29 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

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.

How much acreage is this property?

The property 1920 Magnolia Ave is 0.75 acres.
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Rocket HomesFloridaBrevard CountyMelbourne329351920 Magnolia Ave

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.

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