586 Louvre Drive Melbourne FL 32935

Price Reduction - Water Views - Fixer Upper
Price Reduction - Water Views - Fixer Upper
Address
586 Louvre Drive, Melbourne, FL
Price
$ 294,000
Property Attributes
  • MLS#1077763
  • TypeSingle Family
  • CountyBrevard
  • CityMelbourne
  • AreaEau Gallie
  • NeighborhoodFountainhead Unit 2
  • Zip32935
  • Style
  • Year Built1971
  • Taxes$ 1021
  • Price$ 294,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1067
  • Lot Size0.18 Acres
Data Source:
Space Coast AOR
Property Description

Opportunity awaits in this 3-bedroom, 2-bath pool home located in an established Melbourne community with an elementary school conveniently situated at the back of the subdivision. Situated at 586 Louvre Drive, this property offers tremendous potential for an investor, flipper, or cash buyer looking to create value. The home features a private pool and spa, spacious layout, and a newer roof; however, the roof was installed without permits. The property also contains aluminum wiring and will require updating and improvements throughout, making it best suited for cash purchasers. With great bones, desirable location, and strong upside potential, this could be the perfect project for someone ready to transform it into a standout home or investment property.

Price History
5/20/2026 Listed $299,000
6/2/2026 1$294,000

General Features

Additional Parcels Description 2721729
Appliances Electric Water Heater, Microwave
Architectural Style Ranch
Attached Garage false
Carport Y/N false
City Melbourne
Construction Materials Concrete, Vinyl Siding
Cooling Central Air, Electric
County Brevard
Current Use Residential, Single Family
Directions Sarno to North Wickham to Fountain Head, to Lyon, Right on Rouen, Left on Louvre
Elementary School Roy Allen
Facing Direction East
Full Baths 2
Garage Spaces 1
Garage Y/N true
HOA false
Heating Central, Electric
High School Eau Gallie
Land Lease Y/N false
Legal Description FOUNTAINHEAD UNIT 2 LOT 15 BLK 2
Living Area 1067
Lot Size Square Feet 7841
Lot Size Units Acres
MLS Area 323 - Eau Gallie
MLS Area Minor 323 - Eau Gallie
Middle/Junior High School Central
New Construction false
Patio/Porch Features Patio, Screened
Pool Features In Ground, Screen Enclosure
Possession Close Of Escrow
Property Condition Fixer
Property Subtype Single Family Residence
Property Type Residential
Roof Shingle
Senior Community Y/N false
Sewer Public Sewer
Standard Status Active
Status Active
Stories Count 1
Subdivision Name Fountainhead Unit 2
Tax Annual Amount 1021.73
Tax Year 2025
Utilities Electricity Connected, Sewer Connected, Water Connected
View Canal, Other
Virtual Tour https://www.virtualtourcafe.com/mls/10006326
Year Built 1971

Interior Features

Air Conditioning Y/N true
Entry Level 1
Flooring Carpet, Tile
Furnished Y/N Unfurnished
Heating Y/N true
Interior Amenities Ceiling Fan(s), Eat-in Kitchen, Primary Bathroom - Shower No Tub, Split Bedrooms
Laundry Features In Garage
Livingareasource Public Records
Total Baths 2
Total Bedrooms 3

Exterior Features

Fencing Vinyl
Lot Features Drainage Canal
Lot Size Acres 0.18
Lot Size Area 0.18
Parking Features Garage
Road Frontage Type City Street
Road Surface Type Asphalt
Water Source Public
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
AVG $400K
$290K
Taxes
AVG $3,312
$1,021
Year Built
AVG 1973
1971
Visits
AVG 27
10
Data Provided by Inside Real Estate®

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