DOWNTOWN MELBOURNE COMMERCIAL LAND .42 ACRES in a high traffic area! Perfect location for a business to thrive in Melbourne growing economy. Many business opportunities can be launched here, also adjacent land can also be potentially purchased from the owner. This property is located in the heart of downtown Melbourne with walking distance to many other successful business.
Property Details
Property Features
Listing Office:
Office Name: Charles Rutenberg Realty
Office Phone: (407) 622-2122
Listing Agent: Nima Heshmati
Lot Features
Lot Information:
Lot Size: 0.42 Acres
Other
Directions Information:
Directions: From US 1 head west on Strawbridge, property is located after Oak st on the right hand side
Price Information
Listing Price Info
Price Summary:
List Price: $539,000
Tax Information:
Annual Amount: $3,088
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Melbourne, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,758
Per Month
Principal & Interest
$2,691
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,682
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
University Park Elementary School
500 W University Blvd
Distance between this listing and this school1.41 miles
Public District Grades PK-6
10
/10
Indialantic Elementary School
1050 N Palm Ave
Distance between this listing and this school2.91 miles
Public District Grades KG-6
6
/10
Harbor City Elementary School
1377 Sarno Rd
Distance between this listing and this school3.25 miles
Public District Grades PK-6
Nearby Schools
2
/10
Stone Magnet Middle School
1101 E University Blvd
Distance between this listing and this school1.39 miles
Public Magnet Grades 7-8
5
/10
Hoover Middle School
2000 Hawk Haven Dr
Distance between this listing and this school2.89 miles
Public District Grades 7-8
4
/10
Palm Bay Academy Charter School
2112 Palm Bay Rd NE
Distance between this listing and this school3.16 miles
Public Charter Grades KG-8
Nearby Schools
6
/10
Melbourne High School
74 Bulldog Blvd
Distance between this listing and this school0.77 miles
Public District Grades 9-12
10
/10
West Shore Junior/Senior High School
250 Wildcat Aly
Distance between this listing and this school2.06 miles
Public District Grades 7-12
3
/10
Palm Bay Magner High School
101 Pirate Ln
Distance between this listing and this school2.17 miles
The neighbors living near this home have an average income of $31,613. Residents of Melbourne, FL typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 308 E Strawbridge Ave
What is the listing price of this property?
The listing price of 308 E Strawbridge Ave property is $539,000.
What type of property is this?
The property 308 E Strawbridge Ave is land located in Melbourne, Florida, 32901.
Is this property for sale now?
Active Listing: 308 E Strawbridge Ave 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 $3,088 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 8, 1997 for $160,000. (source: MLS/tax record).
How much acreage is this property?
The property 308 E Strawbridge Ave is 0.42 acres.
Interested in 308 E Strawbridge Ave? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 308 E Strawbridge Ave in Melbourne, FL and zip code 32901. This home sits on a 0.42 acre lot. It has been listed on Rocket Homes since March 24, 2021 and is currently priced at $539,000.
While more than 6 listings in Melbourne, FL in November 2024 were sold above asking price, there were more than 43 listings sold at asking price, and 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%. The median list price of listings available in November 2024 was $420,005, while the average time on the real estate market was 65 days.
From Rocket Homes Real Estate and based on county public records data.
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.
UFC
UFC
Figure Skating
Family Dollar
Chico's
Burlington
Burger King
Church's Chicken
Bob Evans
Buick
Cadillac
Oldsmobile
Urban Contemporary
Jazz
News