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$319,900
Monthly Est:$1,592
3 Beds
2 Baths2 full baths
1,588sqft
255 Coral Dr, Melbourne, FL 32935
$319,900
$1,592/moEst:
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Single Family Residence
Built in 1950
$-- HOA
0.42 acre lot
$201/sq.ft
Description
Investor Alert! Rare opportunity to own a prime double lot totaling 0.42 acres in one of Melbourne's most desirable riverfront neighborhoods. This property is a complete renovation or teardown and is being sold for land value and location. The existing home needs substantial work and is ideal for builders, investors, or buyers looking to create a custom dream home.
Surrounded by beautiful properties and located just one lot away from the river, this oversized homesite offers incredible potential. Build a two-story home and enjoy the possibility of water views from a balcony or upper level living area. The neighborhood itself is the true gem, offering surroundings, mature landscaping, and endless possibilities for redevelopment.
Opportunities like this on oversized lots near the river are becoming harder to find. Bring your vision and transform this property into something spectacular.
- Houzeo last checked: 11 minutes ago
- Listing updated: June 23, 2026 at 3:45 am
- Listing Provided by: Flavia Barrial (321) 615-5658 | Denovo Realty (321) 237-1887
- Source: Space Coast MLS (Space Coast Association of REALTORS®)-FL | MLS#: 1077294
Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
1950
HOA Fees
-
Finished Area
1,588 sqft
Lot Size
0.42 acre lot
Basement Area
- sqft
MLS Name
Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number
1077294
MLS Status
Pending
Days on Market
151
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Appliances
None
Heating
Central, Electric
Cooling
Central Air, Electric
Flooring
Other
Sewer
Public Sewer
Construction
Year Built
Year Built: 1950
Home type
Single Family Residence
Construction Materials
Concrete, Stucco
Utilities & Energy
Parking Features
Garage, Garage Door Opener
Utilities
Electricity Connected, Sewer Connected, Water Connected
Water Source
Public
Other Features
Subdivision Name
Loveridge Heights Subd
Lot Features
Corner Lot, Cul De Sac
Price History
| Date | Event | Price |
|---|---|---|
06/23/2026 Source: | Pending | $319,900 $201/sqft |
06/05/2026 Source: | Listed for Sale | $319,900 -13.31% $201/sqft |
06/04/2026 Source: | Pending | $369,000 $232/sqft |
05/14/2026 Source: | Listed for Sale | $369,000 +5.73% $232/sqft |
11/01/2024 Source: | Price Increased | $349,000 +51.74% $220/sqft |
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Based on information from the Space Coast MLS through Nov 04, 2026, 03:00AM. 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. All information provided is deemed reliable but is not guaranteed and should be independently verified. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Space Coast Association of Realtors®. All Rights Reserved.
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