$757,997

1248 Highland Ave Melbourne, FL 32935

$9,001
Closing credit¹
3 beds
1,823 sqft
0.3 acres
$416 / sqft
Multi-Family

Property details

About 1248 Highland Ave

Historic Charm Meets Modern Functionality in the Eau Gallie Arts District. BUSINESS OPPORTUNITY: Looking for a BED & BREAKFAST or AirBNB venture? This fully furnished 1928 historic home is currently generating income as a part-time Airbnb rental and offers the possibilities for a great and much needed full-time Bed & Breakfast in the area. Situated just a 4-minute walk from the vibrant Downtown Eau Gallie Arts District, a 3-minute stroll to the river and boat docks, and 8 minutes to the Popular Cocoa Beach, this property is ideally located to attract guests year-round. How do you convert this single family into a Bed & Breakfast? Turn the spacious detached 2-car workshop, and fully equipped RV spots into additional living quarters for nightly rentals. Per City of Melbourne, you need one parking space per guest suite, and there is plenty of space within the limits of this property. The possibilities are endless. PROPERTY HIGHLIGHTS: This beautifully restored 1928 home was remodeled in 2007 to preserve its original period style while incorporating modern conveniences. Set on a 1/3-acre corner lot, the property features two entrances, a paved driveway, and ample parking for residents and guests. The detached 2-car workshop offers potential for conversion into a guest house, in-law suite, or private studio. Additionally, a detached shed awaits transformation into host quarters (if you go the B&B route), a she-shed, or creative retreat A welcoming front porch provides an ideal spot for guests to relax and enjoy the neighborhood's ambiance. The home boasts beautifully restored hardwood flooring, a formal living room, a cozy family area, a modern kitchen with stainless steel appliances, and a charming butler's pantry. A flexible room downstairs offers potential as a home office, den, or playroom. Upstairs, two generously sized bedrooms and two full bathrooms await. A third, smaller room is perfect for a nursery, private dressing room, or ensuite extension to the adjacent bedroom. An upstairs balcony offers views of the historic neighborhood and lush greenery. PRIME LOCATION IN YOUR BACKYARD WITHIN 5 - 10 MINUTES Guests will appreciate being just a 3-minute walk from the Eau Gallie Arts District, home to trendy bars, restaurants, galleries, and boutiques. Outdoor enthusiasts will enjoy being less than ten minutes from the beach and 3-5 minutes from boat docks, the marina, and peaceful spots for kayaking. OTHER NEARBY ATTRACTIONS WITHIN 15-40 MINUTES This charming home offers easy access to a variety of renowned attractions: watch rocket launches from the porch, visit the Kennedy Space Center, explore the Brevard Zooranked No. 6 in the US or depart on a cruise from the nearby Port Canaveral Cruise Terminal. Guests will have many reasons to stay.

Highlights

Home typeMulti Family
HeatingCentral
StatusActive
CoolingCentral Air
Size1,823 sqft
Lot size0.3 Acres
Year built1928
ParkingAdditional Parking,Detached,Garage,RV Access/Parking,Unassigned
MLS #1047748
Garage2 spaces
ViewCity, Trees/Woods

Virtual tour

Summary

  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Flooring Type: Wood
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Additional Parking,Detached,Garage,RV Access/Parking,Unassigned
  • View: City, Trees/Woods
  • Exterior: Balcony
  • Heating: Central
  • Cooling: Central Air
  • List Price: $757,997
  • Price/SqFt: $415
  • Annual Tax Amount: $839
  • Tax Year: 2023
  • Lot: Corner Lot, Few Trees
  • Directions: Heading north on US1 turn right into Young Street, then left on Highland Ave
  • Year Built: 1928
  • Stories: 2
  • Living Area: 1,823 SqFt
  • Lot Size: 0.3 Acres
  • MLS Number: 1047748
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: Denovo Realty
  • Office Phone: (321) 237-1887
  • Office Email: garrett@denovorealty.com
  • Listing Agent: Cartama Ramos Crafton

IDX Copyright © 2025 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: 6/27/2025, 12:50:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1248 Highland Ave, Melbourne, FL 32935 - aerial view of property and surrounding area

$757,997

1248 Highland Ave

$9,001

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 11, 2006
Home Sold
$250,000

Tax history

YearAssessmentProperty Tax
2023$87,620$839
2022$85,070$834
2021$82,600$834
2020$81,460$810
2019$79,630$799
2018$78,150$789
2017$76,550$789

History based on county public records data.

Nearby schools

6

Harbor City Elementary School

Public District PK-6

1.0 mi

1377 Sarno Rd

2

Dr. W. J. Creel Elementary School

Public District PK-6

1.5 mi

2000 Glenwood Dr

7

Croton Elementary School

Public District PK-6

1.7 mi

1449 Croton Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,068. Typical income of Melbourne, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

39%
<35k
47%
35k-100k
10%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
10%
Single, with Kids
27%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
15%
18-34 yrs old
50%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Symphony or OperaSymphony or Opera
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Chico'sChico's
  • DillardsDillards
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Boston MarketBoston Market
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • OldsmobileOldsmobile
  • VolvoVolvo
  • BuickBuick

What do the neighbors listen to?

  • NewsNews
  • Talk/PersonalityTalk/Personality
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

Frequently asked questions

About 1248 Highland Ave

The listing price of 1248 Highland Ave property is $757,997.

The property 1248 Highland Ave is a multi located in Melbourne, Florida, 32935.

Active Listing: 1248 Highland Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1248 Highland Ave are: Harbor City Elementary School (GreatSchools Rating 6/10), Dr. W. J. Creel Elementary School (GreatSchools Rating 2/10), Croton Elementary School (GreatSchools Rating 7/10), L. B. Johnson Middle School (GreatSchools Rating 5/10), Hoover Middle School (GreatSchools Rating 5/10), DeLaura Middle School (GreatSchools Rating 8/10), Eau Gallie High School (GreatSchools Rating 3/10), West Shore Junior/Senior High School (GreatSchools Rating 10/10), Melbourne High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $839 (source: MLS/based on county public records data).

The last sale was on October 11, 2006 for $250,000 (source: MLS/tax record).

The property 1248 Highland Ave is 1,823 SqFt (source: MLS/tax record).

The year of construction for 1248 Highland Ave is 1928.

This home is located at 1248 Highland Ave in Melbourne, FL and zip code 32935 in the Eau Gallie neighborhood. This 1,823 square foot home, which was built in 1928, sits on a 0.30 acre lot. Features: 3 bedrooms, 0 bathroom. It has been listed on Rocket Homes since June 2, 2025 and is currently priced at $757,997.

In May 2025 more than 23 listings in Melbourne, FL were sold above the asking price. During the same period more than 49 listings were sold at asking price, while more than 189 were sold below. In May 2025 in Melbourne, FL there were 4.9% more homes for sale than in April. The median list price of listings available in May 2025 was $408,853, while the average time on the real estate market was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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