For sale Home

Listed Oct 29, 2026

$585,000 Est. $3,869/mo

307 Palmetto Avenue

  • 3

    Beds

  • 2

    Baths

  • 1,881

    Sq ft

The story

RECENTLY RENOVATED AND FULLY UPDATED IN 2026, ONE BLOCK FROM DOWNTOWN MELBOURNE! This 3-bedroom, 2-bath home sits on a spacious .30-acre lot with an open floor plan, 2-car garage, and fenced-in backyard with room for a pool. Taken down to the foundation and exterior walls, the home underwent an extensive permitted 2026 renovation, including a new shingle roof, roof truss improvements, insulation, HVAC and ductwork, PVC plumbing supply and drain lines, and electrical system, PGT impact windows, impact-rated exterior and garage doors, fascia, soffits, gutters, and exterior lighting. NEW Interior features include tile flooring throughout, quartz countertops, cabinetry, LG appliances, under-cabinet lighting, Moen fixtures, a primary suite with walk-in closet, mudroom/office, and dedicated laundry room. Enjoy generous outdoor space for entertaining, pets, or gardening, conveniently close to downtown shopping, dining, and entertainment, and a short drive to the beach. LOCATION, LOCATION, LOCATION! Just one block from the heart of Downtown Melbourne, with easy access to restaurants, boutiques, entertainment, and the Indian River. Approximately 5 minutes to the Atlantic beaches via the causeway and Melbourne Square Mall, with convenient access to I-95, Melbourne and Orlando International Airports, Viera, Cocoa Beach, Vero Beach, Brevard Zoo, Kennedy Space Center, Disney World, and other Space Coast and Central Florida attractions. A rare combination of historic Melbourne character, extensive modern upgrades, a spacious double lot, and a desirable downtown location.

Facts & features

Home type

Home

Year built

1967

Floors

1

Price per sq ft

$311

Parking

2-car garage

Included features

  • Cooling

    Central Air, Electric

  • Heating

    Central, Electric

  • Appliances

    Disposal, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator

  • Flooring

    Tile

  • Roof

    Shingle

  • Exterior

    Impact Windows

  • Water Source

    Public

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$3,869 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $3,114
  • Property tax $585
  • Insurance $171

Includes principal, interest, taxes & insurance.

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Listing Broker

Compass Florida LLC

Broker Name

Compass Florida LLC

Agent

David Andai