$3,859

closing credit¹

701 Espanola Way Melbourne, FL 32901

$325,000
3 beds
2 full
1,050 sqft
0.3 acres
$310 / sqft
House

Property details

About 701 Espanola Way

Welcome home to this delightfully cozy cottage nestled in the heart of Melbourne and longtime hidden gem of a community, Magnolia Park! This one has it all! A chef's dream of a kitchen with top-of-the-line appliances and beautiful cabinetry. Updated electrical panel, vinyl impact windows (2022) new plumbing, metal roof (2024) and tankless water heater. New AC duct system and fresh insulation in the attic. Remodeled and updated bathrooms and luxury vinyl plank flooring throughout. Upgraded floorboards, interior doors, door cases and windowsills. New exterior kitchen and laundry room doors. New vinyl fencing in the front yard and two new gates in the expansive and well-kept back yard which has a newly installed shed for all your lawn care and gardening needs. Tastefully decorated with furniture, decor and high-end electronics that stay with the property! Don't miss this one! It's a beauty!!

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air
Size1,050 sqft
Lot size0.3 Acres
Year built1958
ParkingAttached,Carport,Garage,Garage Door Opener
MLS #1035135
Attached garage1 space
ViewCreek/Stream

Virtual tour

Summary

  • MLS Number: 1035135
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: LaRocque & Co., Realtors
  • Office Phone: (321) 631-3715
  • Office Email: larocquerealty321@gmail.com
  • Listing Agent: Christie Tipton-Poirier

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: 2/1/2025, 9:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home

$325,000

701 Espanola Way

$3,859

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 14, 2017
Home Sold
$126,143

Tax history

YearAssessmentProperty Tax
2023$76,920$739
2022$74,680$669
2021$72,510$669
2020$71,510$681
2019$69,910$698
2018$68,610$1,578
2017$74,810$1,578

History based on county public records data.

Nearby schools

3

University Park Elementary School

Public District PK-6

1.2 mi

500 W University Blvd

10

W. Melbourne Elementary School for Science

Public District PK-6

2.3 mi

2255 Meadowlane Ave

8

Educational Horizons Charter

Public Charter KG-6

2.4 mi

1281 S Wickham 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 $34,630. The most common annual income of people living in Melbourne, FL is less than $<35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

51%
<35k
38%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

56%
Single, No Kids
9%
Single, with Kids
23%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
5%
12-17 yrs old
19%
18-34 yrs old
43%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Chico'sChico's
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • ChevroletChevrolet
  • OldsmobileOldsmobile
  • BuickBuick

What do the neighbors listen to?

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

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Frequently asked questions

About 701 Espanola Way

This home is located at 701 Espanola Way in Melbourne, FL and zip code 32901. This 1,050 square foot home, which was built in 1958, sits on a 0.30 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $325,000.

In January 2025, from all listings sold in Melbourne, FL there were more than 15 sold above asking price, over 120 sold below and more than 42 were sold right at the asked price. The number of homes for sale in Melbourne, FL increased by 9.3% between December and January 2025. In January 2025, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $416,799.

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

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