#1037385, Patricia Spangler, Listing Office: HomeSmart Coastal Realty
2042 Foxwood Dr Melbourne, FL 32935
Property details
About 2042 Foxwood Dr
Attractive & homey, well-maintained, single-owner investment property with happy tenants and very low vacancy on quiet, shaded, dead-end/cul-de-sac less than 10 min from Eau Gallie Arts District. Commercial contractor/owner built abutting quads and held for long-term income investment. All units stay rented easily and occasional vacancies fill immediately. Great quality of life for tenants. Units are same size & have back porches with utility/storage rooms that include laundry hookups. End units slightly different layout. Ample parking on either side of building or on tree-lined street. 2018 roof; many units have tile throughout, new appliances; HVACs. Property management company has most recent lease at $1550/mo, but still room to grow. Potential additional income source utilizing land around cul-de-sac for tenant storage bays, etc. Identical quad for sale next door.
Highlights
Virtual tour
Summary
- MLS Number: 1037384
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: HomeSmart Coastal Realty
- Office Phone: (321) 348-9528
- Office Email: broker@hscoastal.com
- Listing Agent: Patricia Spangler
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Last updated on: 2/21/2025, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$860,000
2042 Foxwood Dr
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $543,000 | $7,534 |
2022 | $361,500 | $5,865 |
2021 | $282,200 | $5,865 |
2020 | $257,900 | $4,931 |
2019 | $239,910 | $4,765 |
2018 | $235,000 | $4,545 |
2017 | $225,000 | $4,545 |
History based on county public records data.
Nearby schools
2
Dr. W. J. Creel Elementary School
Public District PK-6
0.4 mi
•2000 Glenwood Dr
7
Croton Elementary School
Public District PK-6
1.0 mi
•1449 Croton Rd
3
Sabal Elementary School
Public District PK-6
1.5 mi
•1401 N Wickham 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 $47,966. Typical income of Melbourne, FL residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
This home is located at 2042 Foxwood Dr in Melbourne, FL and zip code 32935. This 3,900 square foot home, which was built in 2000, sits on a 1.64 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $860,000.
Melbourne, FL housing market in January 2025 saw over 15 listings sold above listed price, more than 42 sold at listed price and over 120 sold below. The inventory of homes for sale in Melbourne, FL between December and January 2025 increased by 9.3%. The median list price of listings available in January 2025 was $416,799, while the average time on the real estate market was 59 days.