HOMES BY DARCI
Southern Key Realty
255 Coral Drive Melbourne FL 32935
Address
255 Coral Drive, Melbourne, FL
Price
$ 369,000
Property Attributes
- MLS#1077294
- TypeSingle Family
- Listing Status Pending
- CountyBrevard
- CityMelbourne
- AreaEau Gallie
- NeighborhoodLoveridge Heights Subd
- Zip32935
- StyleSingle Family Residence
- Year Built1950
- Taxes$ 1182
- Price$ 369,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1588
- Lot Size0.42 Acres
Data Source:
Space Coast AOR
Property Description
Investor Alert! Rare opportunity to own a prime double lot totaling 0.42 acres in one of Melbourne's most desirable riverfront neighborhoods. This property is a complete renovation or teardown and is being sold for land value and location. The existing home needs substantial work and is ideal for builders, investors, or buyers looking to create a custom dream home. Surrounded by beautiful properties and located just one lot away from the river, this oversized homesite offers incredible potential. Build a two-story home and enjoy the possibility of water views from a balcony or upper level living area. The neighborhood itself is the true gem, offering surroundings, mature landscaping, and endless possibilities for redevelopment. Opportunities like this on oversized lots near the river are becoming harder to find. Bring your vision and transform this property into something spectacular.
| Elementary School | Middle School | High School |
|---|---|---|
| Harbor City Elementary School | Hoover Middle School | Melbourne High School |
| Price History | |
|---|---|
| 5/14/2026 | Listed $369,000 |
General Features
| Living Area | 1588 |
|---|---|
| Sewer | Public Sewer |
| Heating | Central,Electric |
| Cooling | Central Air,Electric |
| Utilities | Electricity Connected,Sewer Connected,Water Connected |
| Possession | Close Of Escrow |
| Appliances | None |
| Garage Spaces | 2 |
| Construction Materials | Concrete,Stucco |
| Year Built | 1950 |
| Stories Count | 1 |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Current Use | Residential,Single Family |
| Additional Parcels Description | 2725415 |
| County | Brevard |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Loveridge Heights Subd |
| Facing Direction | East |
| Garage Y/N | true |
| Full Baths | 2 |
| Status | Pending |
| Directions | From US-1, head east on Eau Gallie Blvd. Turn left onto S Tropical Trail, then right onto Coral Dr. Property is located at 255 Coral Dr, Melbourne, FL 32935. |
| High School | Melbourne |
| City | Melbourne |
| Senior Community Y/N | false |
| MLS Area | 323 - Eau Gallie |
| Lot Size Units | Acres |
| Lot Size Square Feet | 18295 |
| Carport Y/N | false |
| Elementary School | Harbor City |
| Tax Annual Amount | 1182.25 |
| Middle/Junior High School | Hoover |
| MLS Area Minor | 323 - Eau Gallie |
| Virtual Tour | https://www.virtualtourcafe.com/mls/10006110 |
| Standard Status | Pending |
| Legal Description | LOVERIDGE HEIGHTS SUBD LOTS 19,20 BLK 16 |
Interior Features
| Flooring | Other |
|---|---|
| Furnished Y/N | Unfurnished |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 3 |
| LivingAreaSource | Public Records |
| Total Baths | 2 |
Exterior Features
| Fencing | Wood |
|---|---|
| Parking Features | Garage,Garage Door Opener |
| Lot Features | Corner Lot,Cul-De-Sac |
| Water Source | Public |
| Lot Size Area | 0.42 |
| Lot Size Acres | 0.42 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32935
Price
Taxes
Year Built
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