Solid investment opportunity in high-demand W. Melbourne, offering stable rental potential, strong long-term appreciation, & minimal turnover risk. Situated minutes from major employers, shopping, & transportation routes, this property aligns perfectly w/investor priorities: location, functionality, & consistent tenant appeal. The home features a practical, easy-to-maintain layout, making it ideal for long-term renters. Durable finishes, efficient systems, and a straightforward floor plan help reduce ongoing maintenance costs. The large fenced yard adds value for tenants seeking outdoor space boosting retention & supporting competitive rental rates. W/ a covered carport, extended driveway, & no HOA restrictions, the property offers flexibility for tenants & future improvements. The neighborhood's strong rental demand and proximity to I-95, US-192, L3Harris, Northrop Grumman, and the Melbourne business district make this an attractive option for investors seeking reliable occupancy!
Foreclosure
$179,900
180 Lee Rd, West Melbourne, FL 32904
2beds
1,226sqft
Single Family Residence
Built in 1959
8,276 Square Feet Lot
$208,700 Zestimate®
$147/sqft
$-- HOA
What's special
Straightforward floor planLarge fenced yardDurable finishesExtended drivewayPractical easy-to-maintain layoutCovered carportEfficient systems
- 1 day |
- 264 |
- 10 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Shirley Weems 321-900-9900,
Waterman Real Estate, Inc.
Source: Space Coast AOR,MLS#: 1084920
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Breakfast Bar, Eat-in Kitchen, Open Floorplan
- Flooring: Tile
- Has fireplace: No
Interior area
- Total interior livable area: 1,226 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage
- Attached garage spaces: 1
Features
- Stories: 1
- Patio & porch: Covered, Patio, Porch, Rear Porch, Screened
- Fencing: Back Yard,Wood
Lot
- Size: 8,276 Square Feet
- Features: Few Trees, Other
Details
- Additional structures: Shed(s), Workshop
- Additional parcels included: 2819983
- Parcel number: 283705510000a.00011.00
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Wood Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Private Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Cannova Park Sec B
HOA
- Has HOA: No
Location
- Region: West Melbourne
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $163,650
- Annual tax amount: $2,524
- Date on market: 8/13/2026
- Listing terms: Cash
Foreclosure details
Estimated market value
Zestimate®
$208,700
Estimated sales range
$182,000 - $234,000
Rent Zestimate®
$1,944/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2003 | Sold | $97,000+50.4%$79/sqft |
Source: Public Record Report a problem | ||
| 5/4/1998 | Sold | $64,500$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,524 +269.7% | $163,650 +204.7% |
| 2024 | $683 +2.1% | $53,700 +3% |
| 2023 | $669 +4.9% | $52,140 +3% |
| 2022 | $637 -1.1% | $50,630 +3% |
| 2021 | $645 +7.4% | $49,160 +1.4% |
| 2020 | $600 +1.2% | $48,490 +2.3% |
| 2019 | $593 | $47,400 +1.9% |
| 2018 | $593 +1.3% | $46,520 +2.1% |
| 2017 | $585 +5.4% | $45,570 +2.1% |
| 2016 | $555 +0.3% | $44,640 +0.7% |
| 2015 | $553 -2% | $44,330 -0.1% |
| 2014 | $565 | $44,360 -0.2% |
| 2013 | -- | $44,470 +2.6% |
| 2012 | $334 -13.8% | $43,360 -6.3% |
| 2011 | $388 -12.4% | $46,280 -11.3% |
| 2010 | $443 -18.3% | $52,160 -22.8% |
| 2009 | $542 -20.5% | $67,550 -29.9% |
| 2008 | $681 -18.6% | $96,300 -20.7% |
| 2007 | $837 -7.5% | $121,400 +54.3% |
| 2005 | $904 +10.5% | $78,660 +34.2% |
| 2004 | $818 +95.9% | $58,620 +21.5% |
| 2003 | $418 +5.1% | $48,260 +8.2% |
| 2002 | $397 +4% | $44,610 +9.5% |
| 2001 | $382 +9.8% | $40,750 +2.4% |
| 2000 | $348 | $39,810 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 32904
Nearby schools
GreatSchools rating
- 7/10Meadowlane Intermediate Elementary SchoolGrades: 3-6Distance: 1.3 mi
- 5/10Central Middle SchoolGrades: 7-8Distance: 1.1 mi
- 6/10Melbourne Senior High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Meadowlane
- Middle: Central
- High: Melbourne
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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