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#1038900, Barbara Lyn, Listing office: RE/MAX Elite
$347,000 List price
2027 Wallace Ave Melbourne, FL 32935
4 beds
3 full
1,802 sqft
0.2 acres
$193 / sqft
House
Property details
About 2027 Wallace Ave
2025 Renovated, spacious, & versatile home! This beautifully updated property features a 3 bed, 2 bath main house PLUS an attached 1 bed, 1 bath in-law suite—perfect for rental income or multigenerational living. No HOA. Recent upgrades include: 2025 AC & air handler, mini split in in-law suite, partial interior repipe with PEX/PVC, and 2024 water heater. Additional 2025 updates include fresh exterior/interior paint, updated kitchen with granite countertop in main house, updated baths, and modern lighting/fans. Gas stoves in both units and partial impact windows along the back of the house complete the package. Located in the heart of Melbourne, this move-in ready home is well equipped with flexible living options, all on a huge, fully fenced corner lot with a 1-car garage for added storage and convenience!
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusComing Soon
CoolingCentral Air, Electric, Multi Unit(s), Wall/Window Unit(s)
Size1,802 sqft
Lot size0.2 Acres
Year built1962
ParkingAttached,Garage
MLS #1053048
Attached garage1 space
Active DateJuly 29, 2025
Summary
- Full Bathrooms: 3
- Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
- Flooring Type: Tile
- Interior: Ceiling Fan(s),In-Law Floorplan,Open Floorplan,Pantry,Primary Bathroom - Shower No Tub,Primary Downstairs
- Total Bedroom Count: 4
- Garage Space: 1 space
- Attached Garage: Yes
- Parking: Attached,Garage
- Heating: Electric
- Cooling: Central Air, Electric, Multi Unit(s), Wall/Window Unit(s)
- List Price: $347,000
- Price/SqFt: $192
- Annual Tax Amount: $2,245
- Tax Year: 2023
- Lot: Corner Lot, Few Trees
- Directions: From Sarno Rd, head South on Van Buren St. Turn left on Wallace. House is on the corner.
- Year Built: 1962
- Stories: 1
- Living Area: 1,802 SqFt
- Lot Size: 0.2 Acres
- MLS Number: 1053048
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: Keller Williams Realty Brevard
- Office Phone: (321) 259-1170
- Office Email: klrw404@kw.com
- Listing Agent: Todd Tracy
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: 8/1/2025, 10:40:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 01, 2020 | Home Sold | $174,500 |
| Nov 09, 2017 | Home Sold | $171,000 |
| Jul 28, 2016 | Home Sold | $143,900 |
| Jul 19, 2013 | Home Sold | $66,500 |
| Aug 04, 2003 | Home Sold | $87,857 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $163,170 | $2,245 |
| 2022 | $158,420 | $2,098 |
| 2021 | $153,810 | $2,098 |
| 2020 | $145,970 | $1,988 |
| 2019 | $142,690 | $1,988 |
| 2018 | $140,030 | $2,382 |
| 2017 | $115,480 | $2,382 |
History based on county public records data.
Nearby schools
5
Roy Allen Elementary School
Public District KG-6
0.6 mi
•2601 Fountainhead Blvd
6
Harbor City Elementary School
Public District PK-6
0.8 mi
•1377 Sarno Rd
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.
Neighborhood
The neighbors living near this home have an average income of $44,052. Most Melbourne, FL residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of 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 Races
Extreme Sports
Pro Boxing
Where do the neighbors shop?
Stein Mart
Sam's Club
Family Dollar
Where do the neighbors go to eat?
LongHorn Steakhouse
White Castle
Bob Evans
What do the neighbors drive?
Buick
Oldsmobile
Chevrolet
What do the neighbors listen to?
Contemporary Inspirational
Rock
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2027 Wallace Ave
The listing price of 2027 Wallace Ave property is $347,000.
The property 2027 Wallace Ave is a house located in Melbourne, Florida, 32935.
Coming Soon: 2027 Wallace Ave is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.
The nearby schools for 2027 Wallace Ave are: Roy Allen Elementary School (GreatSchools Rating 5/10), Harbor City Elementary School (GreatSchools Rating 6/10), Croton Elementary School (GreatSchools Rating 7/10), L. B. Johnson Middle School (GreatSchools Rating 5/10), Central Middle School (GreatSchools Rating 4/10), Stone Magnet Middle School (GreatSchools Rating 2/10), Eau Gallie High School (GreatSchools Rating 3/10), West Shore Junior/Senior High School (GreatSchools Rating 10/10), South Area Alternative Learning Center (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $2,245 (source: MLS/based on county public records data).
The last sale was on September 1, 2020 for $174,500 (source: MLS/tax record).
The property at 2027 Wallace Ave has 4 bedrooms and 3 bathrooms.
The property 2027 Wallace Ave is 1,802 SqFt (source: MLS/tax record).
The year of construction for 2027 Wallace Ave is 1962.
This home is located at 2027 Wallace Ave in Melbourne, FL and zip code 32935 in the Bowe Gardens neighborhood. This 1,802 square foot home, which was built in 1962, sits on a 0.20 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $347,000.
Melbourne, FL housing market in June 2025 saw over 22 listings sold above listed price, more than 52 sold at listed price and over 187 sold below. The number of homes for sale in Melbourne, FL increased by 2.8% between May and June 2025. In June 2025, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $409,304.
From Rocket Homes Real Estate and based on county public records data.