2 months on rocket

2016 Hallwood Pl, Melbourne, FL, 32901

$849,500

Home List Price

$10,000*

Closing Credit

0 Baths
1,696 SqFt
$501/SqFt
Multi
Schools Nearby

Location

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2016 Hallwood Pl, Melbourne$849,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Year Built1936
HeatingElectric, Natural Gas, Other
CoolingCentral Air, Wall/Window Unit(s)
FireplaceGas
MLS #1005339
Lot Size0.21 Acres
StatusActive

About 2016 Hallwood Pl

Rare opportunity to own this multi family triplex in the heart of Downtown Melbourne! The Flats in downtown Melbourne is a unique 1936 triplex with fantastic income earning opportunity for short term or long term rentals. Steps away from shops and restaurants in downtown. This property has been a successful short term rental for nearly 10 years. Each unit is furnished and artistically decorated throughout. The units offer 1 bedroom and 1 bath with kitchens, living areas and laundry area. Every unit offers an outdoor seating area, with shared backyard has a 1921 fire tub and bbq grill to enjoy the outdoors! Completely updated in 2015, including plumbing, electrical, tankless water heaters. New exterior paint in 2024!

Property Details

Property Features

Property Information:

  • Year Built: 1936
  • Living Area: 1,696 SqFt

Listing Office:

  • Office Name: Beycome of Florida LLC
  • Office Phone: (804) 656-5007
  • Listing Agent: Steven Koleno

Interior Features

Interior Information:

  • Fireplace: Gas

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Virtual/3D Tour

  • Virtual Tour: 2016 Hallwood Pl

Virtual Tour

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Other
  • Cooling: Central Air, Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Melbourne High School, Public District Grades 9-12
  • Herbert C. Hoover Middle School, Public District Grades 7-8
  • University Park Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Exit 180 from I95 onto US-192 East, continue right on New Haven Into Downtown Melbourne, turn right onto Hallwood Place, property will be on the right hand side of the road

Price Information

Listing Price Info

Price Summary:

  • List Price: $849,500
  • Price Per SqFt: $501/SqFt

Tax Information:

  • Annual Amount: $3,485
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Melbourne, FL.

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Melbourne, FL

City

Med. Sold Price

$403.3K

Med. Price/SqFt

$232

Avg. Days On Market

42

# of Sold Homes

268

2016 Hallwood Pl vs Melbourne

69 DAYS ON ROCKET

+27 Days

$849,500

+$446.1K More

$501/SqFt

+$269 More

KEY TAKEAWAY

This property is $446.1K more than the Median Sold Price and $269/SqFt more than other homes in Melbourne, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1005339

Listing Office:

  • Office Name: Beycome of Florida LLC
  • Office Phone: (804) 656-5007
  • Listing Agent: Steven Koleno

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 29, 2014Home Sold
$145,000
Nov 05, 2004Home Sold
$175,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,485$181,620
2019$3,273$165,110
2018$3,102$158,000
2017$3,102$145,000

History based on county public records data.

Payment Calculator

$4,307

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,613

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3531923
3
/10

  • University Park Elementary School

  • 500 W University Blvd

  • 1.48 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3531924
5
/10

  • Herbert C. Hoover Middle School

  • 2000 Hawk Haven Dr

  • 2.80 miles

  • Public District Grades 7-8

High School

school-card-donut-3531925
5
/10

  • Melbourne High School

  • 74 Bulldog Blvd

  • 1.03 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,177. Most Melbourne, FL residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Brevard County›Melbourne›32901›2016 Hallwood Pl

This home is located at 2016 Hallwood Pl in Melbourne, FL and zip code 32901 in the Hallwood Place neighborhood. This 1,696 square foot home, which was built in 1936, sits on a 0.21 acre lot. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $849,500.

Melbourne, FL housing market in March 2024 saw over 19 listings sold above listed price, more than 76 sold at listed price and over 173 sold below. In March 2024 in Melbourne, FL there were 11.8% more homes for sale than in February 2024. While the average time on the market in March 2024 was 42 days, the median list price was $403,349.

From Rocket Homes Real Estate and based on county public records data.

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