Back 307 Palmetto Avenue
Off Market

307 Palmetto Avenue

Melbourne FL 32901

3
2
2
1638 sq. ft.
13068 sq. ft.
Single-Family
Last sold for $185,000
Lacy OsborneLacy Osborne, last sold this property on 04 September 2025 after 20 days on market.

Overview

Charming Fixer-Upper with Prime Location! Unlock the potential of this 3-bedroom, 2-bathroom home located near the vibrant Downtown Melbourne! This property is a true fixer-upper and priced accordingly, with a full rehab estimated at ~$100K—perfect for investors, flippers, or buyers looking to create their dream home from the ground up. Enjoy the convenience of being within walking distance to Fee Avenue Park, where you'll find tennis courts, walking trails, and a community pool. Explore the shopping, dining, and entertainment options of Downtown Melbourne just blocks away, or make a quick 10-minute drive to the beach for sun and surf. This is a rare opportunity to own in one of Melbourne's most walkable and desirable areas. Bring your vision and contractor—this home needs it all, but the location makes it worth the effort! Sold AS-IS.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1638 sq. ft. floor area
13068 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Melbourne over the last 12 months, the estimated median property value of 307 Palmetto Avenue is $297k.

Median value
$297k
Estimated value range
$70k - $630k
Median days on market
39
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 307 Palmetto Avenue

2025
Sold
$185,000
04 Sep 2025 by Lacy Osborne, of Real Broker LLC

Happy sellers in Melbourne

66%
66% 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 10 reviews in Melbourne over the last 12 months.

Local market activity for 3 bedroom single-family properties in Melbourne

In the last 12 months, 176 three-bedroom single-family properties similar to 307 Palmetto Avenue, have been sold.

This represents a 20% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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