CENTURY 21 Edge
SoldSold Feb 2017
$180,000Sold Feb 2017Listed at $199,0005 bd2 ba2,244 sqft$89 /sqft

, MELBOURNE, FL, 32901

Sold3556 days on marketListed Oct 24, 2016Sold Mar 1, 2017MLS #R10277840

Priced 51% below the Melbourne medianReduced $21KSingle Family ResidenceSOUTHGATE SEC 2 UNIT 2

About this home

For the Family or as an Investment this 5 Bedroom home has the living space and Location to please. Desirable neighborhood within walking distance of The Florida Institute of Technology. The seller wants a quick sale so it is priced considerably Below Market Value. Most of the furniture can stay with the home. You want a deal, This is it. Sold As IS.

Facts & features

The home at a glance

5

Bedrooms

2

Bathrooms

2,244

Sqft

0.25 ac

Lot size

2

Garage

1974

Year built

1

Levels

$89

Per sqft

Garden viewPartiallyPets allowed

Inside

FlooringCarpet · Vinyl
AppliancesElectric Water Heater · Dishwasher · Dryer · Electric Range · Refrigerator · Washer
InteriorFrench Doors · Pantry · Skylight · Family Room · Utility/Laundry In Garage · Utility Room/Laundry
LaundryLaundry Room · In Garage · Utility Room/Laundry
CoolingCeiling Fan(s) · Central Air · Electric
HeatingCentral · Electric
FurnishedPartially

Outside & construction

RoofComp Shingle Roof · Composition Roll · Shingle
ConstructionConcrete Block Construction
ViewGarden
FacesSouth
Parking2 Or More Spaces · Parking Garage

Community & fees

Taxes (2015)$1,185/yr
PetsYes
CommunityNone · Paved Road · Public Road

Utilities & systems

UtilitiesElectricity Connected · Sewer Connected · Water Connected · Electricity Available · Sewer Available · Water Available
WaterPublic

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Melbourne actives

$89 vs $221

Days on market

3556 vs 21 typical

Where $89/sqft sits among the 71 Melbourne actives

3 · this home
7
27
19
7
8
$89–135$135–181$181–228$228–274$274–321$321+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Melbourne

Map of

Get to know Melbourne. See the full Melbourne guide →

The numbers that matter

The Melbourne market

Seller’s marketLeans seller4.0 months of inventoryBuyer’s market

$404K$320K

Melbourne median sold, yr/yr

97.9%

Sale-to-list ratio (12 mo)

26 of 71

Melbourne actives have cut their price

Median sold price, Melbourne, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 51% below the Melbourne median. See the full Melbourne market guide →

Paper trail

This home's history

CurrentPrice reduced to $199,000 $21K
Oct 24, 2016Listed at $219,900 · 3556 days on market since
1974Built · SOUTHGATE SEC 2 UNIT 2

Reality check

What actually sold near

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

2406 DUNBAR AVENUESold · Mar ’26

$210,000

2406 DUNBAR AVENUE

4 bd · 3 ba · 2,301 sqft · $91/sqft · 14 DOM

3033 FOREST CREEK DRIVESold · Dec ’25

$485,000

3033 FOREST CREEK DRIVE

4 bd · 2.5 ba · 2,336 sqft · $208/sqft · 0 DOM

4049 WILKES DRIVESold · Oct ’25

$355,000

4049 WILKES DRIVE

4 bd · 2 ba · 1,911 sqft · $186/sqft · 111 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Yumiko Sugawara

Your agent

Yumiko Sugawara

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for — before you fall in love.

Selling nearby?

What's your home worth today?

This sale is one data point — your home is another. Get a data-driven estimate built from real closed sales like this one, in about a minute.

The brief

Four things that matter here

01Under the Melbourne market on paper

$199,000 is 51% below the Melbourne median of $404,555, and at $89/sqft it sits under the Melbourne average of $235.

02Garden views

The garden view is part of what you're buying — views hold value independently of the structure.

03Time on market is leverage

3556 days on market against a Melbourne median of 21 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $219,900, now $199,000 — a $21K cut. The full history is in the market section below.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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