1 month on rocket

3551 N Sylvan Ln, Melbourne, FL, 32935

$1,475,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,496 SqFt
$591/SqFt
House

Location

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3551 N Sylvan Ln, Melbourne$1,475,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage2 spaces
Year Built1962
HeatingCentral, Electric
CoolingCentral Air, Electric
FireplaceWood Burning
ViewRiver, Intracoastal
MLS #1030084
Lot Size0.49 Acres
StatusActive

About 3551 N Sylvan Ln

Nestled along a quiet oak-lined street, this remarkable 1/2 acre Indian River front property offers the perfect blend of privacy and comfort. At 10 feet elevation, the home is in a non-flood zone, providing peace of mind from high water. Step inside to discover a spacious living area featuring a wood burning fireplace and a beautiful glass-enclosed, air-conditioned sunroom offering breathtaking views of the Indian River year-round. Outside, there is a concrete circular driveway for easy access. The dock has been well maintained and has a slip for you boat or water toys and activities. A great location to watch rocket launches from the Cape and KSC. The interior and exterior of the home are freshly painted. A Generac generator will keep your power in the event of a power failure. This exceptional property is a true hidden gem directly on the Indian River.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 1
  • Living Area: 2,496 SqFt

Listing Office:

  • Office Name: Relentless Real Estate Co.
  • Office Phone: (321) 302-0763
  • Listing Agent: Michael Pruitt

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Flooring Type: Stone, Wood
  • Interior: Primary Bathroom - Tub with Shower
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: River, Intracoastal
  • Exterior: Boat Slip, Boat Dock, Storm Windows

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage

Virtual/3D Tour

  • Virtual Tour: 3551 N Sylvan Ln
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Lot Features

Lot Information:

  • Lot: Dead End Street, Many Trees, Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 0.49 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: 2.1 miles north of EG CSWY on US1, turn right onto N Sylvan Lane Turn is 1/8 mile north of Parkway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,475,000
  • Price Per SqFt: $591/SqFt

Tax Information:

  • Annual Amount: $3,673
  • Tax Year: 2020
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Housing Market Comparison

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

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Melbourne, FL

City

Med. Sold Price

$420K

Med. Price/SqFt

$236

Avg. Days On Market

65

# of Sold Homes

183

3551 N Sylvan Ln vs Melbourne

32 DAYS ON ROCKET

-33 Days

$1,475,000

+$1.0M More

$591/SqFt

+$354 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $354/SqFt more 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: #1030084

Listing Office:

  • Office Name: Relentless Real Estate Co.
  • Office Phone: (321) 302-0763
  • Listing Agent: Michael Pruitt

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: 12/21/2024, 11:51:07 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$3,673$238,930
2019$3,702$233,560
2018$3,713$229,210
2017$3,713$224,500

History based on county public records data.

Payment Calculator

$7,429

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,489

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-867718
6
/10

  • Sherwood Elementary School

  • 2541 Post Rd

  • 1.41 miles

  • Public District Grades PK-6

school-card-donut-867719
3
/10

  • Dr. W. J. Creel Elementary School

  • 2000 Glenwood Dr

  • 1.65 miles

  • Public District Grades PK-6

school-card-donut-867720
9
/10

  • Longleaf Elementary School

  • 4290 N Wickham Rd

  • 2.16 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,803. The most common annual income of people living in Melbourne, FL is less than $35k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3551 N Sylvan Ln

What is the listing price of this property?

The listing price of 3551 N Sylvan Ln property is $1,475,000.

What type of property is this?

The property 3551 N Sylvan Ln is a house located in Melbourne, Florida, 32935.

Is this property for sale now?

Active Listing: 3551 N Sylvan Ln 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 $3,673 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3551 N Sylvan Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3551 N Sylvan Ln is 2,496 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3551 N Sylvan Ln is 1962.

Rocket Homes›Florida›Brevard County›Melbourne›32935›3551 N Sylvan Ln

This home is located at 3551 N Sylvan Ln in Melbourne, FL and zip code 32935 in the Sylvan Shores neighborhood. This 2,496 square foot home, which was built in 1962, sits on a 0.49 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $1,475,000.

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. In November 2024 in Melbourne, FL there were 2.9% more homes for sale than in October 2024. 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.

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