586 Louvre Drive, Melbourne, FL, 32935

586 Louvre DriveMelbourne, FL 32935Price: $299,000

  • Price: $299,000
  • Est. Mortgage of $/month
  • 7 Days on Market
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$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $299,000List Price
  • 3Bedrooms
  • 2Full Bath
  • 1,067Square Feet

Opportunity awaits in this 3-bedroom, 2-bath pool home located in an established Melbourne community with an elementary school conveniently situated at the back of the subdivision. Situated at 586 Louvre Drive, this property offers tremendous potential for an investor, flipper, or cash buyer looking to create value. The home features a private pool and spa, spacious layout, and a newer roof; however, the roof was installed without permits. The property also contains aluminum wiring and will require updating and improvements throughout, making it best suited for cash purchasers. With great bones, desirable location, and strong upside potential, this could be the perfect project for someone ready to transform it into a standout home or investment property.

Property Details of 586 Louvre Drive

Property Details

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Mortgage Calculator


$
$
%
Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Cindy Walker of One Sotheby's International

 "Based on information submitted to Space Coast Association of REALTORS as of May 26, 2026 12:47 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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