Back 1948 Wallace Avenue
Off Market

1948 Wallace Avenue

Melbourne FL 32935

4
2
1
1276 sq. ft.
7841 sq. ft.
Single-Family
Last sold for $265,000
Guy NewmanGuy Newman, last sold this property on 27 February 2026 after 50 days on market.

Overview

Welcome to your ideal Florida retreat! This charming single-family pool home offers 4 comfortable bedrooms, 2 well-maintained bathrooms, and a convenient laundry room, all designed for easy living. A brand-new roof ensuring peace of mind for years to come. Step outside to your private screened-in pool and patio, perfect for enjoying the sunshine or hosting gatherings. The fully fenced yard includes a powered shed, ideal for storage or hobbies, and a one-car garage for added convenience. Situated in a prime location just minutes from the beaches, shopping, and major highways, this home blends comfort, practicality, and the coastal lifestyle you've been dreaming of.

Features

4 bedrooms
2 bathrooms
1 carspace
1 garage space
1276 sq. ft. floor area
7841 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Melbourne over the last 12 months, the estimated median property value of 1948 Wallace Avenue is $314k.

Median value
$314k
Estimated value range
$140k - $1.25m
Median days on market
37
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1948 Wallace Avenue

2026
Sold
$265,000
27 Feb 2026 by Guy Newman, of LPT Realty, LLC
2024
Sold
$275,000
05 Apr 2024 by Amanda Dalton, of WATERMAN REAL ESTATE, INC.

Happy sellers in Melbourne

87%
87% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Melbourne over the last 12 months.

Local market activity for 4 bedroom single-family properties in Melbourne

In the last 12 months, 89 four-bedroom single-family properties similar to 1948 Wallace Avenue, have been sold.

This represents a 19% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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