Back 198 South Magnolia Avenue
Off Market

198 South Magnolia Avenue

Melbourne FL 32935

4
2
1
2019 sq. ft.
15682 sq. ft.
Single-Family
Last sold for $240,000
Angela LawlessAngela Lawless, last sold this property on 17 October 2025 after 69 days on market.

Overview

Spacious Fixer-Upper on a huge lot in a prime location with endless potential! This expansive home has a great split floor plan with large bedrooms, a dedicated dining room, huge living room with a fireplace, and a flex space. Wait until you see the primary bedroom- it is massive! Located on a sprawling .36 acre lot with a city easement buffer that gives you extra privacy and room to create your perfect outdoor oasis. Almost 400 sq feet of paver patio PLUS a covered porch. City water & Sewer PLUS an unbeatable location near, shopping, dining, schools, hospital, beaches, river, & more! Avoid the cookie-cutter homes out there! Expand your imagination the way you desire. With a little TLC, you can transform this unique home into a stunning showcase. Whether you are an investor seeking your next project or a homeowner eager to create something truly unique, this property offers the perfect canvas for your ideas. Concrete tile roof has been cleaned and coated many times, age unknown.

Features

4 bedrooms
2 bathrooms
1 carspace
1 garage space
2019 sq. ft. floor area
15682 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 198 South Magnolia Avenue is $330k.

Median value
$330k
Estimated value range
$140k - $1.25m
Median days on market
34
Estimated value trend
4%
increase 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 198 South Magnolia Avenue

2025
Sold
$240,000
17 Oct 2025 by Angela Lawless, of REMAX Elite | Palm Bay

Happy sellers in Melbourne

88%
88% 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 18 reviews in Melbourne over the last 12 months.

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

In the last 12 months, 99 four-bedroom single-family properties similar to 198 South Magnolia Avenue, have been sold.

This represents a 9% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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