586 Louvre Drive, Melbourne, FL 32935 (MLS# 1077763)

586 Louvre Drive, Melbourne, FL 32935

$289,000

Virtual Tour

https://www.virtualtourcafe.com/mls/10006326

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,067 Lot Size (sq. ft.): 7,841 Status: Active

Current Price: $289,000 List Date: 5/20/2026 Last Modified: 6/12/2026

Overview

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.

Listing Details MLS# 1077763

General Property Information

Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Living Area: 1067
Living Area Source: Public Records
Accessibility Features YN: No
New Construction YN: No
Year Built: 1971
Garage YN: Yes
Garage Spaces: Yes
Carport YN: No
Lot Size Acres: 0.18
Lot Size Square Feet: 7841
Land Lease YN: No
Association YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: No
Waterfront YN: No
Furnished: Unfurnished
Stories: Yes
Entry Level: Yes
Direction Faces: East
Senior Community YN: No
Pool Private YN: Yes
List Price/SqFt: 270.85
Bathrooms Half: 0

Property Features

Appliances: Electric Water Heater; Microwave Architectural Style: Ranch Construction Materials: Concrete; Vinyl Siding Cooling: Central Air; Electric Current Use: Residential; Single Family Fencing: Vinyl Flooring: Carpet; Tile Heating: Central; Electric Interior Features: Ceiling Fan(s); Eat-in Kitchen; Primary Bathroom - Shower No Tub; Split Bedrooms Laundry Features: In Garage Listing Terms: Cash Lot Features: Drainage Canal Parking Features: Garage Patio And Porch Features: Patio; Screened Pool Features: In Ground; Screen Enclosure Possession: Close Of Escrow Property Condition: Fixer Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Electricity Connected; Sewer Connected; Water Connected View: Canal; Other Water Source: Public Community Features: Sidewalks

Contract Information

Original List Price: 299000
Listing Contract Date: 2026-05-19
Property Sub Type: Single Family Residence
Comp Sale YN: No

Location Tax and Legal

Street Number: 586
Street Name: Louvre
Street Suffix: Drive
County: Brevard
State: FL
Postal Code: 32935
MLS Area Major: 323 - Eau Gallie
Subdivision Name: Fountainhead Unit 2

Remarks and Miscellaneous

Public Remarks: 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.

Status Change Information

Major Change Timestamp: 2026-06-12T11:17:22Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-06-12T11:17:22Z
Status Change Timestamp: 2026-05-20

More Information

Closing Company Details

Closing Company Name: Supreme Title
Closing Company Address: 125 W New Haven Ave, Melbourne, FL 32901

DPR Eligible

DPR Eligible: Yes

Legal Details

Permission Granted to Advertise: No

Currently Not Used

Homestead YN: Yes

Location, Tax, and Legal

Tax Account: 2721729
Parcel Number: 27-37-19-53-00002.0-0015.00
General County Location: South
Elementary School: Roy Allen
Middle School: Central
High School: Eau Gallie
Tax Annual Amount: 1021.73
Tax Year: 2025
Tax Legal Description: FOUNTAINHEAD UNIT 2 LOT 15 BLK 2
Directions: Sarno to North Wickham to Fountain Head, to Lyon, Right on Rouen, Left on Louvre

Appliances

Electric Water Heater: Yes
Microwave: Yes

Architectural Style

Ranch: Yes

Construction Materials

Concrete: Yes
Vinyl Siding: Yes

Cooling

Central Air: Yes
Electric: Yes

Current Use

Residential: Yes
Single Family: Yes

Fencing

Vinyl: Yes

Flooring

Carpet: Yes
Tile: Yes

Heating

Central: Yes
Electric: Yes

Interior Features

Ceiling Fan(s): Yes
Eat-in Kitchen: Yes
Primary Bathroom - Shower No Tub: Yes
Split Bedrooms: Yes

Laundry Features

In Garage: Yes

Listing Terms

Cash: Yes

Lot Features

Drainage Canal: Yes

Parking Features

Garage: Yes

Patio And Porch Features

Patio: Yes
Screened: Yes

Pool Features

In Ground: Yes
Screen Enclosure: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

View

Canal: Yes
Other: Yes

Water Source

Public: Yes

Property Condition

Fixer: Yes

Community Features

Sidewalks: Yes

Listing Office: One Sotheby's International

Last Updated: June - 12 - 2026

Information is deemed to be reliable, but is not guaranteed.