$89,000

486 Magnolia Ave Melbourne, FL 32935

0.3 acres
Land

Property details

About 486 Magnolia Ave

Rare, buildable residential vacant land in Central Melbourne, located in Almar Subdivision. Preliminary architectural drawing and plans available to buyer of the property. Build your dream home in a well established neighborhood.

Highlights

Home typeUnimproved Land
StatusActive
Lot size0.27 Acres
MLS #1045973

Virtual tour

Summary

  • List Price: $89,000
  • Annual Tax Amount: $384
  • Tax Year: 2023
  • Lot: Wooded
  • Directions: On west side of Magnolia, heading south from the intersection of US1 and Magnolia.
  • Lot Size: 0.27 Acres
  • MLS Number: 1045973
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: Sea Turtle Realty
  • Office Phone: (321) 723-1616
  • Office Email: seaturtlerealty@gmail.com
  • Listing Agent: KC Light

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: 5/19/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$89,000

486 Magnolia Ave

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Price information

Property sales

DateEventPrice
Jun 07, 2004
Home Sold
$117,000
Feb 25, 1998
Home Sold
$112,000

Tax history

YearAssessmentProperty Tax
2023$27,000$384
2022$18,630$305
2021$15,480$305
2020$15,480$285
2019$15,480$302
2018$15,480$524
2017$26,320$524

History based on county public records data.

Nearby schools

6

Harbor City Elementary School

Public District PK-6

0.8 mi

1377 Sarno Rd

7

Croton Elementary School

Public District PK-6

1.8 mi

1449 Croton Rd

2

Dr. W. J. Creel Elementary School

Public District PK-6

2.0 mi

2000 Glenwood Dr

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. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

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

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Frequently asked questions

About 486 Magnolia Ave

The listing price of 486 Magnolia Ave property is $89,000.

The property 486 Magnolia Ave is land located in Melbourne, Florida, 32935.

Active Listing: 486 Magnolia Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 486 Magnolia Ave are: Harbor City Elementary School (GreatSchools Rating 6/10), Croton Elementary School (GreatSchools Rating 7/10), Dr. W. J. Creel Elementary School (GreatSchools Rating 2/10), L. B. Johnson Middle School (GreatSchools Rating 5/10), Hoover Middle School (GreatSchools Rating 5/10), Stone Magnet Middle School (GreatSchools Rating 2/10), West Shore Junior/Senior High School (GreatSchools Rating 10/10), Eau Gallie High School (GreatSchools Rating 3/10), Melbourne High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $384 (source: MLS/based on county public records data).

The last sale was on June 7, 2004 for $117,000 (source: MLS/tax record).

The property 486 Magnolia Ave is 0.27 acres.

This home is located at 486 Magnolia Ave in Melbourne, FL and zip code 32935 in the Segui Cothron Heights neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $89,000.

In April 2025 more than 27 listings in Melbourne, FL were sold above the asking price. During the same period more than 51 listings were sold at asking price, while more than 199 were sold below. The inventory of homes for sale in Melbourne, FL between March and April 2025 increased by 8%. In April 2025 median list price was $410,205 and the average listing age was 57 days.

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

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