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$349,900
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Property Description
Tucked beneath a towering oak tree on an oversized lot, this beautifully renovated 2BR/2BA + flex room historic Spanish Villa feels like a private oasis just minutes from Downtown Melbourne and the beach. Professionally updated in 2022 to preserve its original character, the home blends timeless charm with modern amenities rarely found in historic properties. The chef's kitchen features stainless appliances, double ovens, gas cooktop, and abundant storage. The impressive 27' x 14' primary suite includes a large en suite with jetted tub and separate shower--features uncommon for homes of this era. The fully fenced yard offers park-like paver patios, a centuries old Grandfather Oak, gas firepit, and a dedicated dog run, plus an RV hookup with double gate entry for added flexibility. Major upgrades include new AC (2024) and new drain plumbing (2026). Short-term rental friendly, ideal for families, investors, or short term rental hosts seeking a charming, cool, and unique home under $350K.
Full Property Details
Full Property Details for 2010 Pennwood Dr
General
- Price: $349,900
- Taxes: $5,357 (2025)
- Status: Under Contract
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1072123
- Updated: 3/18/2026
- Added to Site: 17 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Primary Bathroom -Tub with Separate Shower, Split Bedrooms
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Water Heater, Instant Hot Water, Microwave, Refrigerator
- Furnishings: Negotiable
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Exterior
- Exterior Features: Fire Pit
- Porch/Patio/Deck: Front Porch, Patio
Parking
- Parking Features: Additional Parking, Off Street, RV Access/Parking
Location
- Area: 330 - Melbourne - Central
- County: Brevard
- Subdivision: Palm Gardens
- Driving Directions: From Babcock and New Haven head South on Babcock, and turn Left on Melbourne Ave heading East. Make your second Left onto Pennwood Dr. heading North. House will be 5th on the Left.
- Direction Faces: East
School Information
- Elementary School: University Park
- Middle School: Hoover
- High School: Melbourne
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Electric
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Spanish, Villa
- Exterior Const.: Frame, Stucco
- Roof: Membrane
- Stories/Levels: 1
- Square Feet: 1,728
- Living Area: 1,728 Sq. Ft.
- Current Bldg. Use: Residential, Single Family
- Year Built: 1923
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Frontage: City Street
- Lot Features: Many Trees, Sprinklers In Front, Sprinklers In Rear
- Fencing (Description): Chain Link, Fenced, Wood
Financial Considerations
- Price Per Sq. Ft.: $202.49
- Tax Amount: $5,357.08
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 28-37-03-55-00003.0-0009.00
Listed by Florida Homes Rlty & Mtg. LLC
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Schools
Schools serving 2010 Pennwood Dr
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
University Park Elementary School 500 West University Boulevard, Melbourne, FL 32901 | PK-6 | 1.2 mi |
Herbert C. Hoover Middle School 2000 Hawk Haven Drive, Indialantic, FL 32903 | 7-8 | 3.2 mi |
Melbourne Senior High School 74 Bulldog Boulevard, Melbourne, FL 32901 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2010 Pennwood Dr
Date
Details
Price
Change
Source
3/16/2026
Listed
$349,900
30.56%
MLS
12/21/2020
Sold
$268,000
—
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 2010 Pennwood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,240
6%
$306,440
-1%
2024
$4,954
4%
$309,140
—
2023
$4,742
29%
$308,470
55%
2021
$3,681
-17%
$198,720
-38%
2022
$4,418
20%
$322,780
263%
2021
$3,681
138%
$88,800
7%
2018
$1,544
8%
$83,050
14%
2017
$1,435
8%
$73,140
24%
2016
$1,330
4%
$58,870
10%
2015
$1,274
-22%
$53,590
-32%
2019
$1,641
44%
$78,340
61%
2014
$1,141
368%
$48,720
50%
2013
$244
—
$32,420
—
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 2010 Pennwood Dr
2010 Pennwood Drive, Melbourne, FL 32901 (MLS# 1072123) is a Single Family property with 2 bedrooms and 2 full bathrooms. 2010 Pennwood Drive is currently listed for $349,900 and was received on March 16, 2026. Want to learn more about 2010 Pennwood Drive? Do you have questions about finding other Single Family real estate for sale in Melbourne? You can browse all Melbourne real estate or contact a Coldwell Banker agent to request more information.

