$298,000

1948 Wallace Ave Melbourne, FL 32935

$3,539
Closing credit¹
4 beds
2 full
1,276 sqft
0.2 acres
$234 / sqft
House

Property details

About 1948 Wallace Ave

Welcome to your ideal Florida retreat! This charming single-family pool home offers 4 comfortable bedrooms, 2 well-maintained bathrooms, and a convenient laundry room, all designed for easy living. A brand-new roof ensuring peace of mind for years to come. Step outside to your private screened-in pool and patio—perfect for enjoying the sunshine or hosting gatherings. The fully fenced yard includes a powered shed, ideal for storage or hobbies, and a one-car garage for added convenience. Situated in a prime location just minutes from the beaches, shopping, and major highways, this home blends comfort, practicality, and the coastal lifestyle you've been dreaming of. Don't miss this incredible opportunity!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,276 sqft
Lot size0.18 Acres
Year built1962
ParkingAdditional Parking,Garage,Off Street,On Street
MLS #1032421
Garage1 space
ViewPool

Virtual tour

Summary

  • MLS Number: 1032421
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: Florida Homes Rlty. & Mtg. LLC
  • Office Phone: (904) 996-9115
  • Office Email: locateoffice2@comcast.net
  • Listing Agent: Guy Newman

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: 3/3/2025, 11:50:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style home with cooling unit and a front yard

$298,000

1948 Wallace Ave

$3,539

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 08, 2024
Home Sold
$275,000

Tax history

YearAssessmentProperty Tax
2023$204,530$3,357
2022$192,900$3,017
2021$144,960$3,017
2020$67,500$648
2019$65,990$664
2018$64,760$673
2017$63,430$673

History based on county public records data.

Nearby schools

6

Harbor City Elementary School

Public District PK-6

0.7 mi

1377 Sarno Rd

5

Roy Allen Elementary School

Public District KG-6

0.7 mi

2601 Fountainhead Blvd

7

Croton Elementary School

Public District PK-6

0.8 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 $44,052. The most common annual income of people living in Melbourne, FL is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

34%
<35k
58%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

40%
Single, No Kids
12%
Single, with Kids
31%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
17%
18-34 yrs old
43%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Stein MartStein Mart
  • Sam's ClubSam's Club
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle
  • Bob EvansBob Evans

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • ChevroletChevrolet

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1948 Wallace Ave

This home is located at 1948 Wallace Ave in Melbourne, FL and zip code 32935 in the Bowe Gardens neighborhood. This 1,276 square foot home, which was built in 1962, sits on a 0.18 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $298,000.

In February 2025, from all listings sold in Melbourne, FL there were more than 20 sold above asking price, over 133 sold below and more than 48 were sold right at the asked price. Between January and February 2025, Melbourne, FL real estate market has seen increase in the number of listings by 10.1%. The median list price of listings available in February 2025 was $416,729, while the average time on the real estate market was 69 days.

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

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