545 Westminster Ave Melbourne, FL 32935

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3 beds · 2 baths · 1,346 sq ft · Lot Size: 7,405 sq ft · Single Family Home · Oxford Ridge
Est. Property Value: $266,010

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545 Westminster Ave is in the Oxford Ridge neighborhood of Melbourne, FL. It is located in Brevard County and ZIP code 32935. This Single Family Home was built in 1964 and is approximately 61 years old. The single family home spans 1346 sq ft with 3 bedrooms and 2 bathrooms and sits on a 7405 sq ft lot. According to public records, it was sold for $26,200 and has a tax-assessed value of $203,470, which is $198 per sq ft. The Oxford Ridge area of Melbourne has 364 residential homes with an average size of 1366 sq ft. Analyze and compare real estate investment strategies for properties like this home at 545 Westminster Ave Melbourne, FL 32935 with Property Intel by Whitepages.

545 Westminster Ave

Melbourne, FL 32935

Owner Info

Owners & Occupancy for 545 Westminster Ave

This property is owned by Patsy J Giannacco. Owner contact information includes 11 phone numbers and 4 email addresses.

Property Owners

Cell Phone(407) ***-****View Cell Phone
Residence*************
Landline(321) 984-8749
Distance from Property**********
Email Address********@comcast.netView Email

Occupancy

Resident 1************** age 61
Resident 2*********** age 65
Resident 3*************** age 65

Property Financials for 545 Westminster Ave

545 Westminster Ave, Melbourne, FL has no known mortgage. The Brevard county assessment for 2024 values it at $203,470, with annual taxes of $619.

Property Tax

Property Tax Amount$619 in 2024
Purchase Price$26,200
Assessed Value$203,470 on 2024

Investment Potential for 545 Westminster Ave

The property has a current estimated value of $266,010, which is 1% above the neighborhood median, based on public records. It last sold for $26,200. Projected long-term
is $24,000 annually ($2,000 per month) with a 88% occupancy rate.

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Long-Term

Gross Rental
$24,000 per year($2,000 per month)
Net Operating Income
Cap Rate
Occupancy Rate
88%in 32935 zip code
 
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Property Details for 545 Westminster Ave

Property Details

Property Sq Ft

Living Area

1,346 sq ft

1% below market

Lot Size

7,405 sq ft

0% above market

Price Per Sq Ft

Living Area

$198 / sq ft

7% above market

Lot Size Area

$36 / sq ft

2% above market

Property condition, age, exterior, etc. for 545 Westmi…
Longitude: -80.657797 Latitude: 28.115758 Parcel Number (APN): 27 3719-77-C-17…

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Discover more single family homes near 545 Westminster Ave in Melbourne, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 545 Westminster Ave in Brevard County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$266,010
$349,875
-$83,865 (-24%)
$447,083
-$139,143 (-31%)
YoY Price Change
1.8%
-39%
Year Built
1964
1990
-26 years
Living Space
1,346 sq ft
1,630 sq ft
-284 (-17%)
$ Per Living Sq Ft
$198
$213
-$15 (-7%)
Lot Size
7,405 sq ft
9,599 sq ft
-2194 (-23%)
$ Per Lot Sq Ft
$36
$38
-$2 (-4%)

Net Operating Income
$19,792
-$1,561 (-8%)
Annual Revenue
$24,000
$29,400
-$5,400 (-18%)
$9,768
-$3,999 (-41%)
Net Operating Income
$19,792
-$1,561 (-8%)
Cap Rate
5.75%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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