1 / 22
For SaleSingle Family Home
$350K
1600 Avocado Avenue, Melbourne, FL 32935
Croton Road Area neighborhood
Subdivision: Sunset Terrace
3
Bedrooms
2
Bathrooms
1,624
Sq Ft
1953
Year Built
$216 /sqft

About This Property

Description from listing agent

Unique property near Eau Gallie art district. The property features main residence with 2-bedrooms, 1-bath (1164 sq. ft) plus a detached 1-bedroom, 1-bath cottage (500 sq ft) with its own kitchen and laundry. This setup offers flexibility for multi-generational living, guests, caretaker quarters, or potential rental income. Situated on a large fenced lot with room for RV, boat, or trailer storage. The main residence includes a whole-house generator and offers an opportunity for updating and renovation. Recent improvements include the main home's roof (2020), HVAC (2023), and water heater (2024), along with the cottage roof (2021). The cottage has a wall unit air conditioner and own electrical panel. Whether you're an investor, contractor, or buyer looking to create your own vision, this property offers a variety of possibilities. Buyers should verify all intended uses with the appropriate authorities. The cottage is tenant occupied through August 30, 2026.

Space Coast Context

🚀 Launch Viewing — Good Views

29.8 mi from SLC-40

29.8 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
Northrop0.4 mi~1 min
L3Harris2.3 mi~5 min
Blue Origin24 mi~53 min
SpaceX25 mi~56 min
Lockheed25.1 mi~56 min
Boeing/KSC26.7 mi~1h
KSC27.2 mi~1h 1m

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 6/13/26
    Listed
    $350K
    $216/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Based on 4 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
16.7% above median
Median comparable close: $299,900 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.0% of list price
At that rate, a competitive offer ≈ $343,003
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 4 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.4 acres (17,424 sqft)
Full Baths
2
Garage
1 car
Days on Market
76
MLS Area
323 - Eau Gallie

Schools

Elementary

Dr. W.J. Creel

Middle School

Johnson

High School

Eau Gallie

Financial & Listing Details

Listed
Jun 13, 2026
Parcel #
27-37-16-25-00039.0-0013.00
$350K

Listing Agent (for property info)

J
Jennifer J Pecora
Watson Realty Corp
321-474-1098
Call Listing Agent

Estimated Monthly Payment

$2,344/mo
Principal & interest
$1,844
Property taxes
$350
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $350K price — down payment shown: $70,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1079972

What's Nearby

government
Eau Gallie Post Office
0.2 mi away
restaurants
Subway
0.3 mi away
restaurants
Oh! Biscuit
0.3 mi away
home improvement
Ace Hardware
0.3 mi away
restaurants
Starbucks
0.3 mi away
coffee shops
Starbucks
0.3 mi away
fire stations
Melbourne Fire Station 71
0.3 mi away
restaurants
Anaya Coffee
0.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1079972 · Listing Broker: Watson Realty Corp · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.