1987 Wallace Ave, Melbourne, FL 32935 Property Records

Brevard County property record for 1987 Wallace Ave, Melbourne, FL 32935

Property Summary

Property TypeSingle Family Home
Details3 bd · 2 ba · 1,405 sqft · built 1962
Lot Size0.18 acres (7,841 sqft)
OwnerCompany Name on Record
Last Sale$768,000 (Jul 2023)
Tax Bill$4,128 (2025)
Deeds & MortgagesJul 2023 Sale & Mortgage
Dec 2022 Mortgage
+ 2 more
Flood ZoneZone X (minimal risk)
APN27-37-20-51-H-4

Property Details

APN / Parcel Number

Primary APN27-37-20-51-H-4
Alternative APNs
  • 27-37-20-51-0000H.0-0004.00
  • 2723434

Interior

Bedrooms3 Beds
Full Baths2 Baths
Stories1 Story
Building Area1,405 sqft Living Area
Gross Area1,777 sqft
1st Floor Area1,405 sqft

Exterior

Year BuiltBuilt 1962
Effective Year BuiltEffective 1998
Exterior MaterialStucco
Construction TypeMasonry / Concrete Block
Roof TypeGable/Hip
Roof MaterialAsphalt
Lot Area7,841 sqft (0.18 acres)
Lot Dimensions100 ft deep x 71.1 ft wide

Exterior Amenities

PorchFlorida Room
Porch Area372 sqft
Deck Area434 sqft
Patio Area560 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral

Location & Zoning

Account Number2723434
Street Address1987 WALLACE AVE
CityMELBOURNE
StateFL
Zip32935-3963
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR1A
Legal DescriptionBOWE GARDENS SEC K 2 LOT 4 BLK H
Legal Range37E
Legal Township27S
Legal Section20
Legal SubdivisionBOWE GARDENS SEC K 2
Legal BlockH
Legal Lot Number4
JurisdictionBREVARD FL
Township / Civil DivisionMELBOURNE
Census Block Group2
Census Block2023
Census Tract64400

Owner

Source: Brevard County records, as of August 19, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address3400 POSEIDON WAY, INDIALANTIC, FL 32903-1840
Owner TypeCompany
VestingLimited Liability Company

Deeds, Mortgages & Sale History

DateDocument
Jul 5, 2023Warranty Deed, Transfer · Commercial Mortgage
COREVEST AMERICAN FINANCE LENDER LL
Dec 19, 2022Deed of Trust, Mortgage · Commercial Mortgage
ANCHOR NATIONWIDE LOANS LLC
Dec 2, 2022Warranty Deed, Transfer · Commercial Mortgage
ANCHOR NATIONWIDE LOANS LLC
Mar 22, 2019Deed of Trust, Mortgage · Conventional Mortgage
BANK OF AMERICA

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 5, 2023 · Amount on Record
Deed SaleJul 5, 2023 · Amount on Record
Prior SaleDec 2, 2022 · Amount on Record
Deed Document Number2023140312
Deed Book / Page9829 / 2977
Record UpdatedSep 20, 2026

July 2023: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionBREVARD FL
Recording DateJul 5, 2023
Property Address1987 WALLACE AVE, MELBOURNE, FL 32935-3963
Document Number0098292977
Book / Page9829 / 2977
Map ReferenceMB 16 PG 55
Instrument DateJun 9, 2023
Instrument2023140312
Transaction TypeTransfer
Record UpdatedNov 27, 2025

Transaction

AmountAmount Recorded
Tax$5,376.00
Amount AccuracyRounded by County
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address3400 POSEIDON WAY, INDIALANTIC, FL 32903-1840

Transferred To (Grantee/Buyer)

NameVerified Name
Address3400 POSEIDON WAY, INDIALANTIC, FL 32903-1840
InvestorPossibly a Property Investor

Mortgage

Document Number0098300001
DateJul 5, 2023
Instrument9830/0001
Lender
NameCOREVEST AMERICAN FINANCE LENDER LL
TypeMortgage Company
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

December 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBREVARD FL
Property Address1987 WALLACE AVE, MELBOURNE, FL 32935-3963
Transaction TypeMortgage
Record UpdatedJan 2, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address5716 BUTTERFIELD ST, RIVERVIEW, FL 33578-3713

Mortgage

Document Number0096802437
DateDec 19, 2022
Book Page9680/2437
Instrument2022293390
Lender
NameANCHOR NATIONWIDE LOANS LLC
TypeMortgage Company
AddressTHOUSAND OAKS, CA 91362
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

December 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionBREVARD FL
Recording DateDec 2, 2022
Property Address1987 WALLACE AVE, MELBOURNE, FL 32935-3963
Document Number0096682416
Book / Page9668 / 2416
Map ReferenceMB 16 PG 55
Instrument DateNov 30, 2022
Instrument2022281199
Transaction TypeTransfer
Record UpdatedNov 27, 2025
Title CompanyGIANNELL TITLE LLC

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$1,491.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address881 CASTANADA ST NW, PALM BAY, FL 32907-2869

Transferred To (Grantee/Buyer)

NameVerified Name
Address3220 N HIGHWAY 1, COCOA, FL 32926-6671
InvestorPossibly a Property Investor

Mortgage

Document Number0096802437
DateDec 2, 2022
Instrument9680/2437
Lender
NameANCHOR NATIONWIDE LOANS LLC
TypeMortgage Company
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

March 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBREVARD FL
Property Address1987 WALLACE AVE, MELBOURNE, FL 32935-3963
Document Number0083990001
Instrument DateMar 22, 2019
Transaction TypeMortgage
Record UpdatedApr 5, 2019
Title CompanyNOT AVAILABLE

Transferred To (Grantee/Buyer)

NameVerified Name
Address881 CASTANADA ST NW PALM BAY FL 329072869, PALM BAY, FL 32907-2869

Mortgage

Document Number0083990001
DateMar 27, 2019
Book Page008399/000001
Instrument61976
Lender
NameBANK OF AMERICA
TypeBank
AddressCHARLOTTE, NC 28255
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueMar 26, 2049

Tax Assessment & Valuation

Source: Brevard County assessment roll, as of August 18, 2026

Property Jurisdictions

TypeName
StateFlorida
CountyBrevard County
MunicipalityMelbourne City
Unified School DistrictBrevard County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$213,720 (-5.83%)$213,720 (-5.83%)
2025$4,128.00 (+3.98%)$226,940 (+3.38%)$226,940 (+3.38%)
2024$3,970.00 (+0.71%)
2023$3,942.00 (+33.54%)$219,510 (+6.53%) Land $70,000 Building $149,510$219,510 (+6.53%) Land $70,000 Building $149,510
2022$2,952.00$206,060 Land $70,000 Building $136,060$206,060 Land $70,000 Building $136,060

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective October 8, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 33 policies
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies33 in force
Nearby Flood Claims21 (1995–2017)
Claims Outside the SFHA21 of 21
Most Recent ClaimSep 2017 · Hurricane Irma
Claims by Event
  • Tropical Storm Fay, Aug 2008 · 6 claims
  • Hurricane Frances, Sep 2004 · 3 claims
  • Hurricane Erin, Aug 1995 · 5 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF MELBOURNE
serves 167,753 people · EPA ID FL3051447
Water SourceSurface water
Last State InspectionAug 2024
Lead1 ppb (2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 626 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless, DSL in parts of the area
5,000 / 5,000
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20

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