307 Palmetto Avenue
Melbourne, FL, 32901 $ 585,000
Bedrooms3 Baths2.0 Sq 1,881 Monthly Estimate*
$ 4,040
for $585,000 with 3 bedrooms and 2 full baths. This 1,881 square foot home was built in 1967 on a lot size of 0.3.
RECENTLY RENOVATED AND FULLY UPDATED IN 2026, ONE BLOCK FROM DOWNTOWN MELBOURNE! This 3-bedroom, 2-bath home sits on a spacious .30-acre lot with an open floor plan, 2-car garage, and fenced-in backyard with room for a pool. Taken down to the foundation and exterior walls, the home underwent an extensive permitted 2026 renovation, including a new shingle roof, roof truss improvements, insulation, HVAC and ductwork, PVC plumbing supply and drain lines, and electrical system, PGT impact windows, impact-rated exterior and garage doors, fascia, soffits, gutters, and exterior lighting. NEW Interior features include tile flooring throughout, quartz countertops, cabinetry, LG appliances, under-cabinet lighting, Moen fixtures, a primary suite with walk-in closet, mudroom/office, and dedicated laundry room. Enjoy generous outdoor space for entertaining, pets, or gardening, conveniently close to downtown shopping, dining, and entertainment, and a short drive to the beach. LOCATION, LOCATION, LOCATION! Just one block from the heart of Downtown Melbourne, with easy access to restaurants, boutiques, entertainment, and the Indian River. Approximately 5 minutes to the Atlantic beaches via the causeway and Melbourne Square Mall, with convenient access to I-95, Melbourne and Orlando International Airports, Viera, Cocoa Beach, Vero Beach, Brevard Zoo, Kennedy Space Center, Disney World, and other Space Coast and Central Florida attractions. A rare combination of historic Melbourne character, extensive modern upgrades, a spacious double lot, and a desirable downtown location.
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FeaturesGeneralLiving Area 1881
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Disposal Electric Oven Electric Range Microwave Refrigerator
Garage Spaces 2
Patio/Porch Features Patio
Architectural Style Traditional
Construction Materials Block Concrete Stucco
Pets Allowed Yes
Year Built 1967
Stories Count 1
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Current Use Residential Single Family
Additional Parcels Description 2817786
County Brevard
New Construction false
Property Type Residential
HOA false
Attached Garage true
Subdivision Name Wells Map No 3
Facing Direction North
Garage Y/N true
Total Rooms 0
Full Baths 2
Status Active
Directions East on 192 to Pine Avenue right on Palmetto Ave home is on right.
High School Melbourne
City Melbourne
Senior Community Y/N false
MLS Area 330 - Melbourne - Central
Lot Size Units Acres
Lot Size Square Feet 13068
Carport Y/N false
Elementary School Harbor City
Tax Annual Amount 4846
Middle/Junior High School Hoover
Property Condition Updated/Remodeled
MLS Area Minor 330 - Melbourne - Central
Virtual Tour https://www.zillow.com/view-imx/219c951e-2738-4c8f-9e15-4c10bd538790?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Legal Description WELLS MAP NO 3 LOTS 10 11 BLK 3
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InteriorInterior Amenities Ceiling Fan(s) Open Floorplan Primary Bathroom - Shower No Tub Primary Downstairs Walk-In Closet(s)
Flooring Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features In Unit Lower Level
Total Bedrooms 3
Total Baths 2
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ExteriorExterior Amenities Impact Windows
Fencing Full Wood
Parking Features Attached Garage
Lot Features Other
Water Source Public
Lot Size Area 0.3
Building Area Total 2551
Lot Size Acres 0.3
Waterfront Y/N false
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* Excluded FeaturesList ByCompass Florida LlcBroker
david.andai@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,040
- Monthly Property Taxes
- $404
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Melbourne, FL
Average List Price $536,775
Percent of Sale Price 8%
About Melbourne, FL 665 Population
22% Since 2002
$ 53,919 Median Income
55.55 Median Age
11% Households with Children
Trends Information provided by ATTOM Data Solutions.
4776008 Elementary School
4810970 Middle School
Melbourne High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/30/2026 | $585,000 | | Listed Price |