255 Coral Drive, Melbourne, FL 32935
Local realty services provided by:Better Homes and Gardens Real Estate Star
Listed by: flavia barrial
Office: denovo realty
MLS#:1077294
Source:FL_SPACE
Price summary
- Price:$319,900
- Price per sq. ft.:$201.45
About this home
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.
Contact an agent
Home facts
- Year built:1950
- Listing ID #:1077294
- Added:45 day(s) ago
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:appl_
- Living area:1,588 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Year built:1950
- Building area:1,588 sq. ft.
- Lot area:0.42 Acres
- Construction Materials:Stucco
Schools
- High school:Melbourne
- Middle school:Hoover
- Elementary school:Harbor City
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$319,900
- Price per sq. ft.:$201.45
- Tax amount:$1,182 (2025)
Features and amenities
- Laundry features:appl_
Parking
- Garage:Yes
- Garage spaces:2
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