1948 Wallace Ave, Melbourne, FL 32935
Property image
Property image
SOLD
FEB 27, 2026

$262,700

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,276 sqft

1948 Wallace Ave, Melbourne, FL 32935

Est. Refi. Payment $1,804/mo*
Refinance Your Home
Currently Off Market - Sold Feb 27, 2026 for $265,000 (11% below list price)

Home Value

Trulia Estimate
$263K
Since last month
Increased$800 (+0.3%)
Since last year
Decreased$44K (-14.3%)
Since last sale
Decreased$2K (-0.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +88% in the last 10 years
MonthEstimated value
2026
September 2026$263K
August 2026$262K
July 2026$263K
June 2026$263K
May 2026$264K
March 2026$265K
February 2026$294K
January 2026$291K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1961 Coolidge Ave, Melbourne, FL
0.07
Single-Family Home
$264,500
03/26/26
3
2
1,200
2015 Coolidge Ave, Melbourne, FL
0.10
Single-Family Home
$295,000
06/25/26
4
2
1,516
1974 Garner Ave, Melbourne, FL
0.06
Single-Family Home
$270,500
09/18/25
3
2
1,434
1988 Barkley Ave, Melbourne, FL
0.07
Single-Family Home
$255,000
08/14/26
3
2
1,395
1948 Barkley Ave, Melbourne, FL
0.05
Single-Family Home
$260,000
03/05/26
3
2
1,645
2019 BARKLEY Avenue, Melbourne, FL
0.11
Single-Family Home
$270,000
06/22/26
3
2
1,503
2002 Barkley Ave, Melbourne, FL
0.08
Single-Family Home
$306,000
11/21/25
3
2
1,550

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
2002 WALLACE AVENUE, Melbourne, FL 32935
0.06
$288,900
3
2
1,603
Off Market
1974 Garner Ave, Melbourne, FL 32935
0.06
$264,800
3
2
1,434
Off Market
1948 Garner Ave, Melbourne, FL 32935
0.05
$249,600
3
2
1,256
Off Market
1962 Barkley Ave, Melbourne, FL 32935
0.05
$290,600
4
2
1,625
Off Market
2003 Wallace Ave, Melbourne, FL 32935
0.07
$290,700
3
2
1,263
Off Market
1948 Barkley Ave, Melbourne, FL 32935
0.05
$260,000
3
2
1,645
Recently Sold
1988 Barkley Ave, Melbourne, FL 32935
0.07
$255,000
3
2
1,395
Recently Sold
1961 Coolidge Ave, Melbourne, FL 32935
0.07
$264,500
3
2
1,200
Recently Sold
2002 Barkley Ave, Melbourne, FL 32935
0.08
$306,000
3
2
1,550
Recently Sold
2027 Wallace Ave, Melbourne, FL 32935
0.10
$314,000
4
3
1,802
Off Market
2015 Coolidge Ave, Melbourne, FL 32935
0.10
$295,000
4
2
1,516
Recently Sold

Local Information

  • Map ViewExplore the area around 1948 Wallace Ave.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1962
1,276 sqft
$208/sqft
Garage

About this House

Welcome to your ideal Florida retreat! This charming single-family pool home offers 4 comfortable bedrooms, 2 well-maintained bathrooms, and a convenient laundry room, all designed for easy living. A brand-new roof ensuring peace of mind for years to come. Step outside to your private screened-in pool and patio, perfect for enjoying the sunshine or hosting gatherings. The fully fenced yard includes a powered shed, ideal for storage or hobbies, and a one-car garage for added convenience. Situated in a prime location just minutes from the beaches, shopping, and major highways, this home blends comfort, practicality, and the coastal lifestyle you've been dreaming of.
1948 Wallace Ave, Melbourne, FL 32935 is a 4 bedroom, 2 bathroom, 1,276 sqft single-family home built in 1962. It last sold for $265,000 on Feb 27, 2026 (11% below the $299,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $262,700, with a rent estimate of $2,702/month.
Last check for updates: about 13 hours ago
Listed by Guy Newman, (321) 285-2855
LPT Realty, LLC
Bought with: Terra Alease Lillis, (978) 259-8462, Redfin Corp.
Source: Space Coast AOR, MLS#1065723

Home Details for 1948 Wallace Ave

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1276 Square Feet
Appliances & Utilities
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, RefrigeratorDishwasherLaundry: In UnitMicrowaveRefrigerator
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Terrazzo, Tile
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Terrazzo, Tile
View
Has a ViewView: Pool

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Covered, Patio, Rear Porch, ScreenedFencing: Back Yard, Chain Link, FencedOther Structures: Shed(s)Exterior: Storm ShuttersHas a Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Additional Parking,Garage,Off Street,On Street
Pool
Pool: Gas Heat, In Ground, Screen EnclosurePool
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch
Building
Construction Materials: Block, Brick, Concrete, Stucco, Wood SidingNot a New ConstructionHas Additional Parcels
Property Information
Parcel Number: 273720510000g.00020.00Additional Parcels Description: 2723424

Price & Status

Price
List Price: $299,000Price Per Sqft: $208/sqft
Status Change & Dates
Off Market Date: Fri Jan 30 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: MelbourneCommunity: Bowe Gardens Sec K 2
School Information
Elementary School: Harbor CityJr High / Middle School: HooverHigh School: Eau Gallie

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 7840.8 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Delayed Marketing Date: Wed Jan 07 2026Mls Number: 1065723Showing Requirements: Lockbox, Showing Service

Price and Tax history

DateEventPrice
Feb 27, 2026
Source: Space Coast AOR #1065723
Sold
$265,000
Jan 31, 2026
Source: Space Coast AOR #1065723
Pending
$299,000
Jan 7, 2026
Source: Space Coast AOR #1065723
Listed For Sale
$299,000
May 29, 2025
Source: Space Coast AOR #1032421
ListingRemoved
$315,000
Mar 5, 2025
Source: Space Coast AOR #1032421
PriceChange
$315,000
Price increased by 6%

Market trends in Melbourne

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$371K
$3.17KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$221
$1MoM
Available listings
783
4MoM

Around this home

What Locals Say about Melbourne

At least 923 Trulia users voted on each feature.

  • 88 % Say car is needed

  • 88 % Say it's dog friendly

  • 83 % Say parking is easy

  • 74 % Say yards are well-kept

  • 74 % Say there are sidewalks

  • 72 % Say there's holiday spirit

  • 69 % Say it's quiet

  • 65 % Say people would walk alone at night

  • 61 % Say kids play outside

  • 58 % Say streets are well-lit

  • 53 % Say neighbors are friendly

  • 50 % Say there's wildlife

  • 49 % Say they plan to stay for at least 5 years

  • 43 % Say it's walkable to grocery stores

  • 40 % Say it's walkable to restaurants

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • K.mcginty
    "There are only a few children in our neighbor hood. "
    0
    Flag
  • Nansi
    "Don’t go down University Blvd. The fish at public’s will probably be the most fresh you’ll be able to find around here. People generally keep to themselves and only speak to you when spoken to. Not much else. "
    1
    Flag
  • M8w6ftxvph
    "No parks with playgrounds for kids to play; no sidewalks except on the main road; lots of through traffic & noise from airport; not everyone maintains their yard..."
    1
    Flag
  • Sharon L Hardy
    "We have a wonderful clubhouse that schedules all sorts of events, and activities for the families that live here and for the children. they even have a mom’s night at ldad’s night babysitting night, every kind of social club you can think of"
    0
    Flag
  • Jacqueline Malinowska
    "The Eau Gallie section of Melbournes is in the north and used to be a city of its own. It seems to have a different style "
    0
    Flag
  • Toddtreadway
    "Wonderful, family and retiree oriented neighborhood with beautiful homes! Our neighbors are very nice and we always look forward to the monthly/quarterly/annual parties and gatherings!"
    0
    Flag
  • Jacqueline Malinowska
    "Schools are good and some are very good. This is a family friendly city. Many high tech jobs and the nearby Space Center make this area unique "
    0
    Flag
  • Walter_falk_texas
    "Family and retirement friendly with a good mix of working families. Space, technology and services industry. "
    0
    Flag
  • Steven Rodrigo
    "Numerous events held at the local park here in Melbourne Beach. The Pineapple Man Triathlon is the oldest Triathlon in Florida held here. Founders day is also a huge event that happens the first Saturday in May."
    0
    Flag
  • Christine Brown
    "Dog friendly area with several designated walking areas for dogs. All on leashes no loose animals allowed"
    0
    Flag
  • Ywd4sb4dch
    "Wickham park has events all the time. Very family friendly . There are 1-2 events at this park every week. "
    0
    Flag
  • 5x6s6yrvym
    "Various, especially Historical Down Town Melbourne . St. Patrick parade is the best. "
    0
    Flag
  • Steven Rodrigo
    "No high rises allowed. Still a harbor and beach town. The people are extremely friendly and the Island Root kava bar is awesomely!"
    0
    Flag
  • Digglegiggle
    "Almost everyone has dogs. Most owners are respectful and walk their dogs in the neighborhood. It’s been a good community to live in. "
    0
    Flag
  • Alexmorales122078
    "Is great !! Sadly like any other great area the builders have gone greedy and houses are getting stack super close and there is just too many people !"
    9
    Flag
  • Christine Brown
    "We have a lot of things like art shows, parades, craft shows, holiday festivals, ect in downtown Melbourne. Melbourne is really just a place that is an easy paced, not over populated great place to live. "
    5
    Flag
  • Walter_falk_texas
    "Great community with nice neighbors and close to beach and shopping. Safe and well maintained. HOA is fairly priced. "
    2
    Flag
  • James Behan
    "Not sure what community events make our neighborhood different but we live beach side and getting around is easy, shopping within a mile or two "
    2
    Flag
  • Iowafsu
    "Suntree is great. We have lived here for over 20 years and raised our kids here. The schools are great and the area is convenient to shopping and amenities. "
    1
    Flag
  • Ninacgibilaro
    "Seeet and very nice people we love the people that live on our street and n our neighborhood this is the best place to live or stay "
    1
    Flag
  • Iowafsu
    "We raised our kids here (20 years). My neighbor is the 1st owner of their house from the early 1980s. We know 99% of the neighbors in our neighborhood and we all look out for each other."
    4
    Flag
  • Trulia User
    "We walk our dogs 3 to 6 times a day and there’s always someone out walking or riding cars. The houses and yards are very well manicured."
    0
    Flag
  • Melbourne Family
    "Been here 20 years and raised our kids in Suntree…great for all ages. Schools are excellent. Close proximity to the ocean and a short drive to Disney."
    2
    Flag
  • Marilyn Arnold
    "Nothing much to say about Melbourne neighbors except too many renters and too much traffic. Roads are bad"
    0
    Flag
  • Kyle Renner
    "Technically it’s on Beachside, but the dog beach is a big plus. There are plenty of dog-friendly businesses too that won’t give you issues about bringing your pups."
    2
    Flag
  • Sedamac
    "I live in Suntree, 32940. I believe it is the best part of the county. Beach is a short drive away. Best schools of the County. Walking, fishing, biking, golfing. Super clean and safe neighborhood. People walk and everyone is friendly. No crime here. Elementary school is really awesome. Quiet and 1-2 mile to everything you may need. Doctors, restaurants, contry club, river, etc. You don’t lose power during hurricane here. Lots are bigger so you are not into each other’s face. Green and shade by the trees. Love it here! Best middle and high school is zoned for 32940. "
    15
    Flag
  • Robin H.
    "Living here is a pleasure. The people are kind, the city is clean, and e have easy access to many stores and restaurants. It’s a safe neighborhood!"
    12
    Flag
  • Robin H.
    "It’s a wonderful place to live! We have kind neighbors, helpful and friendly community, lots to do, easy access to stores, parks etc! It’s safe and clean and truly wonderful!"
    8
    Flag
  • Toddtreadway
    "What a great mix of retirees and young folks with kids! Beautiful houses with clay tile roofs and great weather. Very active community groups for all types...retirees, neighborhoods, moms/dads with kids, golfers, surfers. Love this area! And the Brevard Zoo is great."
    0
    Flag
  • Maryannirribarra
    "many people have dogs here and can walk them in our complex or at local parks. I do not own a dog but it seems a good place for them."
    0
    Flag
  • Edgar H.
    "tranquil and peaceful. most of the population are retired and snowbirds. golfing, fishing and surfing are most common activities among this population."
    0
    Flag
  • Trulia User
    "No public transportation, traffic isn’t terrible but there are so many schools in this small area that you don’t want to go anywhere from V 2-5"
    12
    Flag
  • Jose D. G.
    "They would love the abundant of trees and grass around the neighborhood. No heavy traffic in most neighborhoods either "
    0
    Flag
  • Jeband
    "I commute by car 11 miles to work. Public transportation is not easily accessed in this county and define not in my neighborhood. "
    4
    Flag
  • Drew36861
    "The traffic in the area is heavy but it's a very clean and safe community. close to great shopping and dining , many Winton walking distance"
    0
    Flag
  • Chancegulick
    "I have lived in this neighborhood for 10 years and this neighborhood is not very friendly, lots of crime, car jacking, etc. not dog friendly streets. There is also lots of traffic during rush hour recently. The Melbourne neighborhood does not have much uniqueness."
    0
    Flag
  • Decordova63
    "Picking up there own dog poop but great area to walk dog no speeders and safe neighborhood! Highly recommended Melbourne"
    11
    Flag
  • Ste0698ve
    "People are walking their dogs all the time. I see them everyday, but sometimes they are off leash and shouldn’t be."
    3
    Flag
  • Christine_gaul
    "Love the area. Very close to everything . Easy access to highways and the beach. Quite and neighborhood is very well kept"
    1
    Flag
  • Karen P.
    "Very nice and quiet, neighborhood, Street and parking it easy! Nice live in Melbourne! Very good ! "
    0
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 1948 Wallace Ave

  • What is 1948 Wallace Ave estimated to be worth?
    Trulia's estimated value for 1948 Wallace Ave in Melbourne, FL is $262,700.
  • What is the price history for 1948 Wallace Ave?
    1948 Wallace Ave in Melbourne, FL last sold for $265,000 in February 2026.
  • Is Melbourne a buyer's or seller's market?
    Melbourne is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Melbourne?
    The median sale price in Melbourne is $371K. That is up $3.17K from the prior month.
  • Does 1948 Wallace Ave have air conditioning?
    Yes, 1948 Wallace Ave in Melbourne, FL has air conditioning.
  • Does 1948 Wallace Ave have a pool?
    Yes, 1948 Wallace Ave in Melbourne, FL has a pool.

Explore by feature - Pet Friendly

185 pet-friendly rentals in Melbourne, FL

Explore by feature - Garage

127 rentals with a garage in Melbourne, FL

Explore by feature - Air Conditioning

238 rentals with air conditioning in Melbourne, FL

Explore by feature - Pool

194 rentals with a pool in Melbourne, FL

Explore by feature - Washer/dryer

239 rentals with a washer/dryer in Melbourne, FL

Explore by feature - Outdoor Space

52 rentals with an outdoor space in Melbourne, FL

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 1948 Wallace Ave

Skip to last item
Skip to first item

Homes for sale near 1948 Wallace Ave

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item