501 E Melbourne Ave
Melbourne, FL 32901
- 3 Beds
- 2 Baths
- 2,072 sqft (on 0.38 acres)
3 Beds
2 Baths
2,072 sqft
(on 0.38 acres)
Home Value
Trulia Estimate
$484KSince last month
Increased$900 (+0.2%)Since last year
Increased$56K (+13%)Since last sale
Increased$35K (+7.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +278% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $485K |
| July 2026 | $484K |
| June 2026 | $489K |
| May 2026 | $490K |
| April 2026 | $497K |
| March 2026 | $496K |
| February 2026 | $481K |
| January 2026 | $482K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $535,000 | 03/16/26 | 3 | 2 | 1,863 | |
0.10 | Single-Family Home | $563,000 | 05/14/26 | 4 | 3 | 1,938 | |
0.43 | Single-Family Home | $470,000 | 10/02/25 | 3 | 2 | 1,734 | |
0.57 | Single-Family Home | $430,000 | 02/11/26 | 3 | 2 | 1,655 | |
0.34 | Single-Family Home | $185,000 | 09/04/25 | 3 | 2 | 1,638 | |
0.42 | Single-Family Home | $360,000 | 10/03/25 | 4 | 2.5 | 1,976 | |
0.38 | Single-Family Home | $600,000 | 08/29/25 | 3 | 3 | 2,286 | |
0.62 | Single-Family Home | $360,000 | 05/12/26 | 3 | 2 | 1,845 | |
0.45 | Single-Family Home | $356,000 | 04/21/26 | 2 | 2 | 1,728 | |
0.33 | Single-Family Home | $320,000 | 10/10/25 | 3 | 2 | 1,305 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $528,900 | 4 | 2.5 | 2,271 | Off Market | |
0.04 | $546,500 | 5 | 2 | 1,886 | Off Market | |
0.05 | $529,900 | 3 | 2.5 | 2,103 | Off Market | |
0.05 | $546,200 | 4 | 2.5 | 2,103 | Off Market | |
0.05 | $565,300 | 4 | 2.5 | 2,103 | Off Market | |
0.05 | $535,500 | 3 | 2.5 | 2,103 | Off Market | |
0.06 | $532,300 | 4 | 3 | 2,360 | Off Market | |
0.08 | $586,900 | 3 | 2.5 | 2,424 | Off Market | |
0.02 | $1,310,100 | 4 | 3.5 | 3,385 | Off Market | |
0.08 | $515,000 | 3 | 2.5 | 2,424 | Recently Sold | |
0.08 | $599,000 | 3 | 2.5 | 2,460 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1925
Lot Size
0.38 acres
Living Area
2,072 sqft
Price/Sqft
$233
About this House
Step back through time to a bygone era of opulence and attention to detail in this circa 1925 Melbourne Ave historic home. With a little elbow grease and ambition, this property could be an absolute showplace within walking distance to all things Downtown Melbourne. Versatile floor plan currently configured as a 3 Bedroom with one full bath and two half baths. HVAC was replaced in 2018. Upgraded Electrical Panel. Gorgeous period woodworking, hardwood floors, door knobs, windows and touches throughout. Full stand up attic with dormer windows offers additional possibilities. Sun room, rear screened porch and multiple outdoor patios for enjoying the year round sunshine. Five minute drive to the Intracoastal Waterway and beaches of the Atlantic. If you have always dreamt of owning a charming, story-telling historic home, this is the one. Light in breakfast nook does not convey. Some furnishings negotiable.
501 E Melbourne Ave, Melbourne, FL 32901 is a 3 bedroom, 3 bathroom, 2,072 sqft single-family home built in 1925. It last sold for $450,000 on Apr 29, 2024 (6% above the $425,000 asking price). It is currently off market. The Trulia Estimate is $483,500, with a rent estimate of $2,566/month.
Last check for updates: about 2 hours ago
Listed by Stacey Buchanan
Melbourne Realty, Inc.
Bought with: Lisa Parlette, (352) 342-0418, YHSGR-Pioneer
Source: Space Coast AOR, MLS#1002999
Home Details for 501 E Melbourne Ave
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (half): 2 |
Dimensions and Layout Living Area: 2072 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Gas Range, Microwave, RefrigeratorLaundry: In Unit,Washer HookupMicrowaveRefrigerator |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: Wood BurningHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Wood |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Wood |
View No View |
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Exterior Home Features Roof: ShinglePatio / Porch: Rear Porch, Screened, Side PorchFencing: Vinyl, OtherOther Structures: Shed(s)No Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Off Street |
Pool Pool: None |
Frontage Road Frontage: City StreetRoad Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1925 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: FrameNot a New ConstructionHas Additional Parcels |
Property Information Condition: FixerParcel Number: 2837037500000.00002.06Additional Parcels Description: 2818120 |
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Price List Price: $425,000 |
Status Change & Dates Off Market Date: Fri Mar 22 2024Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: MelbourneCommunity: Fees Unrec Subd |
School Information Elementary School: University ParkJr High / Middle School: HooverHigh School: Melbourne |
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Building Area Building Area: 2488 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 0.38 acres |
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Listing Terms: Cash, Conventional |
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Mls Number: 1002999Showing AttendedShowing Requirements: Appointment Only, Showing Service, Listing Agent Must Accompany |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 29, 2024 Source: Space Coast AOR #1002999 | Sold | $450,000 |
Mar 22, 2024 Source: Space Coast AOR #1002999 | Pending | $425,000 |
Mar 15, 2024 Source: Space Coast AOR #1002999 | PriceChange | $425,000 Price decreased by 15% |
Feb 21, 2024 Source: Space Coast AOR #1002999 | PriceChange | $499,000 Price decreased by 4% |
Jan 25, 2024 Source: Space Coast AOR #1002999 | Listed For Sale | $519,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,307 | $278,570 |
Home facts updated by county records
Market trends in Melbourne
Last updated July 2026
Avg. sale price
$367K
$4.33KMoM
Sale-to-List Price
97.7%
0.2%MoM
Price per sq ft
$222
$1MoM
Available listings
775
58MoM
Around this home
What Locals Say about Melbourne
At least 923 Trulia users voted on each feature.
88 % Say car is needed
88 % Say it's dog friendly
83 % Say parking is easy
74 % Say yards are well-kept
74 % Say there are sidewalks
72 % Say there's holiday spirit
69 % Say it's quiet
65 % Say people would walk alone at night
61 % Say kids play outside
58 % Say streets are well-lit
53 % Say neighbors are friendly
50 % Say there's wildlife
49 % Say they plan to stay for at least 5 years
43 % Say it's walkable to grocery stores
40 % Say it's walkable to restaurants
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Frequently asked questions about 501 E Melbourne Ave
- What is 501 E Melbourne Ave estimated to be worth?Trulia's estimated value for 501 E Melbourne Ave is $483,500.
- What is the price history for 501 E Melbourne Ave?501 E Melbourne Ave last sold for $450,000 in April 2024.
- Is Melbourne a buyer's or seller's market?Melbourne is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Melbourne?The median sale price in Melbourne is $367K. That is up $4.33K from the prior month.
- Does 501 E Melbourne Ave have air conditioning?Yes, 501 E Melbourne Ave has air conditioning.
- Does 501 E Melbourne Ave have laundry facilities?Yes, 501 E Melbourne Ave has laundry facilities.

