586 Louvre Drive Melbourne FL 32935

Price Reduction - Water Views - Fixer Upper
Price Reduction - Water Views - Fixer Upper
Address
586 Louvre Drive, Melbourne, FL
Price
$ 294,000
Property Attributes
  • MLS#1077763
  • TypeSingle Family
  • Listing Status Active
  • CountyBrevard
  • CityMelbourne
  • AreaEau Gallie
  • NeighborhoodFountainhead Unit 2
  • Zip32935
  • Style
  • Year Built1971
  • Taxes$ 1021
  • Price$ 294,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1067
  • Lot Size0.18 Acres
Data Source:
Space Coast AOR
Property Description

Opportunity awaits in this 3-bedroom, 2-bath pool home located in an established Melbourne community with an elementary school conveniently situated at the back of the subdivision. Situated at 586 Louvre Drive, this property offers tremendous potential for an investor, flipper, or cash buyer looking to create value. The home features a private pool and spa, spacious layout, and a newer roof; however, the roof was installed without permits. The property also contains aluminum wiring and will require updating and improvements throughout, making it best suited for cash purchasers. With great bones, desirable location, and strong upside potential, this could be the perfect project for someone ready to transform it into a standout home or investment property.

Elementary School Middle School High School
Roy Allen Elementary School Central Middle School Eau Gallie High School
Price History
5/20/2026 Listed $299,000
6/2/2026 2$294,000

General Features

Living Area 1067
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air,Electric
Utilities Electricity Connected,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Electric Water Heater,Microwave
Garage Spaces 1
Patio/Porch Features Patio,Screened
Architectural Style Ranch
Pool Features In Ground,Screen Enclosure
Construction Materials Concrete,Vinyl Siding
Year Built 1971
View Canal,Other
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
Current Use Residential,Single Family
Additional Parcels Description 2721729
County Brevard
New Construction false
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Fountainhead Unit 2
Facing Direction East
Garage Y/N true
Full Baths 2
Status Active
Directions Sarno to North Wickham to Fountain Head, to Lyon, Right on Rouen, Left on Louvre
High School Eau Gallie
City Melbourne
Senior Community Y/N false
MLS Area 323 - Eau Gallie
Lot Size Units Acres
Lot Size Square Feet 7841
Carport Y/N false
Elementary School Roy Allen
Land Lease Y/N false
Tax Annual Amount 1021.73
Middle/Junior High School Central
Property Condition Fixer
MLS Area Minor 323 - Eau Gallie
Virtual Tour https://www.virtualtourcafe.com/mls/10006326
Standard Status Active
Legal Description FOUNTAINHEAD UNIT 2 LOT 15 BLK 2

Interior Features

Interior Amenities Ceiling Fan(s),Eat-in Kitchen,Primary Bathroom - Shower No Tub,Split Bedrooms
Flooring Carpet,Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Laundry Features In Garage
Total Bedrooms 3
Entry Level 1
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Fencing Vinyl
Parking Features Garage
Lot Features Drainage Canal
Water Source Public
Lot Size Area 0.18
Lot Size Acres 0.18
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32935

Price
AVG $390K
$290K
Taxes
AVG $3,331
$1,021
Year Built
AVG 1973
1971

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