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$757,997
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Property Description
Historic Charm Meets Modern Functionality in the Eau Gallie Arts District. *72-hour kickout Clause in Place* BUSINESS OPPORTUNITY: Looking for a BED & BREAKFAST or AirBNB venture? This fully furnished 1928 historic home is currently generating income as a part-time Airbnb rental and offers the possibilities for a great and much needed full-time Bed & Breakfast in the area. Situated just a 4-minute walk from the vibrant Downtown Eau Gallie Arts District, a 3-minute stroll to the river and boat docks, and 8 minutes to the Popular Cocoa Beach, this property is ideally located to attract guests year-round. How do you convert this single family into a Bed & Breakfast? Turn the spacious detached 2-car workshop, and fully equipped RV spots into additional living quarters for nightly rentals. Per City of Melbourne, you need one parking space per guest suite, and there is plenty of space within the limits of this property. The possibilities are endless. PROPERTY HIGHLIGHTS: This beautifully restored 1928 home was remodeled in 2014 to preserve its original period style while incorporating modern conveniences. Set on a 1/3-acre corner lot, the property features two entrances, a paved driveway, and ample parking for residents and guests. The detached 2-car workshop offers potential for conversion into a guest house, in-law suite, or private studio. Additionally, a detached shed awaits transformation into host quarters (if you go the B&B route), a she-shed, or creative retreat A welcoming front porch provides an ideal spot for guests to relax and enjoy the neighborhood's ambiance. The home boasts beautifully restored hardwood flooring, a formal living room, a cozy family area, a modern kitchen with stainless steel appliances, and a charming butler's pantry. A flexible room downstairs offers potential as a home office, den, or playroom. Upstairs, two generously sized bedrooms and two full bathrooms await. A third, smaller room is perfect for a nursery, private dressing room, or ensuite extension to the adjacent bedroom. An upstairs balcony offers views of the historic neighborhood and lush greenery. PRIME LOCATION IN YOUR BACKYARD WITHIN 5 - 10 MINUTES Guests will appreciate being just a 3-minute walk from the Eau Gallie Arts District, home to trendy bars, restaurants, galleries, and boutiques. Outdoor enthusiasts will enjoy being less than ten minutes from the beach and 3-5 minutes from boat docks, the marina, and peaceful spots for kayaking. OTHER NEARBY ATTRACTIONS WITHIN 15-40 MINUTES This charming home offers easy access to a variety of renowned attractions: watch rocket launches from the porch, visit the Kennedy Space Center, explore the Brevard Zooranked No. 6 in the US or depart on a cruise from the nearby Port Canaveral Cruise Terminal. Guests will have many reasons to stay.
Full Property Details
Full Property Details for 1248 Highland Ave
General
- Price: $757,997
- Taxes: $839 (2023)
- Status: Active
- Type: Multi-Family
- Source: BrevardCounty
- MLS ID: 1047748
- Updated: 11/6/2025
- Added to Site: 228 day(s) ago
Interior
- Appliances: Dryer, Microwave, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Wood
Rooms
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Unit
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Additional Parking, Detached, Garage, RV Access/Parking, Unassigned
Location
- Area: 323 - Eau Gallie
- County: Brevard
- Subdivision: None
- Driving Directions: Heading north on US1 turn right into Young Street, then left on Highland Ave
- Direction Faces: East
School Information
- Elementary School: Creel
- Middle School: Johnson
- High School: Eau Gallie
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Cable Connected, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Frame, Wood Siding
- Roof: Metal, Shingle
- Stories/Levels: 2
- Square Feet: 1,823
- Living Area: 1,823 Sq. Ft.
- Current Bldg. Use: Residential, Single Family
- Year Built: 1928
Unit Information
- Units in Building: 1
Additional Structures
- Other Structures: Workshop
Lot Features
- Property View: City, Trees/Woods
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Lot Features: Corner Lot, Few Trees
- Fencing (Description): Back Yard, Fenced, Full, Wood
Financial Considerations
- Price Per Sq. Ft.: $415.8
- Tax Amount: $839.46
- Tax Year: 2023
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 27-37-21-01-00000.0-0023.07
Listed by Denovo Realty
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Schools
Schools serving 1248 Highland Ave
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Eau Gallie High School 1400 Commodore Boulevard, Melbourne, FL 32935 | 9-12 | 1.4 mi |
Dr. W.J. Creel Elementary School 2000 Glenwood Drive, Melbourne, FL 32935 | PK-6 | 1.5 mi |
Lyndon B. Johnson Middle School 2155 Croton Road, Melbourne, FL 32935 | 7-8 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1248 Highland Ave
Date
Details
Price
Change
Source
6/01/2025
Listed
$757,997
203.2%
MLS
10/05/2006
Sold
$250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1248 Highland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$819
-7%
$92,850
3%
2024
$879
5%
$90,240
3%
2023
$839
2%
$87,620
6%
2021
$826
-1%
$82,600
-3%
2022
$835
1%
$85,070
4%
2021
$826
3%
$81,460
2%
2019
$801
—
$79,630
2%
2018
$799
1%
$78,150
2%
2017
$790
-1%
$76,550
2%
2016
$796
-2%
$74,980
1%
2015
$816
-58%
$74,460
-12%
2014
$1,946
7%
$84,860
10%
2013
$1,821
—
$77,150
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1248 Highland Ave
1248 Highland Avenue, Melbourne, FL 32935 (MLS# 1047748) is a Multi-Family property with 1 unit containing 3 bedrooms and 0 full bathrooms. 1248 Highland Avenue is currently listed for $757,997 and was received on June 01, 2025. Want to learn more about 1248 Highland Avenue? Do you have questions about finding other Multi-Family real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.

