$650,000
- 5 Beds
- 2 Baths
- 1,886 sqft (on 0.61 acres)
511 E Melbourne Ave, Melbourne, FL 32901
Est. Mortgage $4,450/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1954
0.61 acre lot
$345/sqft
Garage
Local Information
-- mins to
About this House
What's unique:Mature treesExpansive water views
Direct waterfront property on scenic Crane Creek in the heart of Downtown Melbourne. This 1/2+ acre homesite is zoned R-3, offers public water & sewer, detached 800 sq/ft concrete block garage, navigable small-boat access to the Indian River Lagoon and the potential for a private dock (buyer to verify requirements). The existing 1,886 sq/ft residence is in need of substantial renovation and is being offered primarily for land value. Located just one block from Downtown Melbourne's restaurants, shopping, entertainment, and waterfront amenities, this property presents endless possibilities for a private estate, luxury waterfront residence, or future investment opportunity. Enjoy expansive water views, privacy, mature trees, and a truly irreplaceable location along Crane Creek. Bring your vision and create something extraordinary.
Last check for updates: about 6 hours ago
Listing courtesy of Jon Feshan, (407) 712-2000
Home Wise Realty Group, Inc.
Source: Space Coast AOR, MLS#1087368
Also Listed on Space Coast AOR.
Home Details for 511 E Melbourne Ave
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Interior Details Number of Rooms: 2Types of Rooms: Family Room, Kitchen |
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1886 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity Available, Sewer Available, Water Available, Water ConnectedAppliances: Disposal, Electric Water Heater, RefrigeratorDisposalLaundry: Electric Dryer Hookup,Washer HookupRefrigerator |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: Wood BurningHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Vinyl, Wood, Other |
Levels, Entrance, & Accessibility Stories: 1Floors: Vinyl, Wood, Other |
View No View |
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Exterior Home Features Roof: ShingleOther Structures: OtherNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Additional Parking,Detached Carport,Garage Door Opener |
Frontage WaterfrontWaterfront: Canal Front, CreekRoad Frontage: City StreetRoad Surface Type: AsphaltOn Waterfront |
Water & Sewer Sewer: Public SewerWater Body: Crane Creek |
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Days on Market: 29 |
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Year Built Year Built: 1954 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HistoricArchitecture: Craftsman |
Building Construction Materials: Block, ConcreteNot a New ConstructionHas Additional Parcels |
Property Information Condition: FixerParcel Number: 2837037600003.00003.01Additional Parcels Description: 2818183 |
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Price List Price: $650,000Price Per Sqft: $345 |
Status Change & Dates Possession Timing: Other |
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MLS Status: Active |
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Direction & Address City: MelbourneCommunity: Hallwood Place |
School Information Elementary School: University ParkJr High / Middle School: HooverHigh School: Melbourne |
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Listing Agent Listing ID: 1087368 |
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Not Senior Community |
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No HOA |
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Lot Area: 0.61 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Delayed Marketing Date: Fri Sep 11 2026Mls Number: 1087368Showing Requirements: Appointment Only |
Around this home
What Locals Say about Melbourne
This October
Trick-or-Treat Score
Built from what locals say about this neighborhood.- 74% say there are sidewalks
- 72% say there's holiday spirit
- 53% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
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.
Market trends in Melbourne
Last updated August 2026
Avg. sale price
$371K
$3.17KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$221
$1MoM
Available listings
783
4MoM
Home Value
Trulia Estimate
$618KSince last month
Increased$71K (+12.9%)Since last year
Increased$66K (+11.9%)Since last sale
Increased$53K (+9.3%)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 +96% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| October 2026 | $618K |
| September 2026 | $636K |
| August 2026 | $547K |
| July 2026 | $547K |
| June 2026 | $549K |
| May 2026 | $555K |
| March 2026 | $546K |
| February 2026 | $542K |
| January 2026 | $545K |
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 |
|---|---|---|---|---|---|---|---|
0.14 | Single-Family Home | $563,000 | 05/14/26 | 4 | 3 | 1,938 | |
0.17 | Single-Family Home | $535,000 | 03/16/26 | 3 | 2 | 1,863 | |
0.37 | Single-Family Home | $540,000 | 09/04/26 | 3 | 2 | 1,733 | |
0.45 | Single-Family Home | $275,000 | 03/10/26 | 5 | 3 | 2,394 | |
0.14 | Single-Family Home | $225,000 | 09/11/26 | 3 | 1.5 | 1,093 | |
0.56 | Single-Family Home | $430,000 | 02/11/26 | 3 | 2 | 1,655 | |
0.48 | Single-Family Home | $650,000 | 01/20/26 | 5 | 4 | 3,393 | |
0.24 | Single-Family Home | $1,200,000 | 12/12/25 | 4 | 3 | 3,011 |
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 |
|---|---|---|---|---|---|---|
0.01 | $543,900 | 3 | 2.5 | 2,103 | Off Market | |
0.02 | $567,400 | 4 | 2.5 | 2,103 | Off Market | |
0.02 | $557,000 | 4 | 2.5 | 2,103 | Off Market | |
0.02 | $470,000 | Studio | - | 2,103 | Recently Sold | |
0.02 | - | 3 | 3 | 2,814 | Off Market | |
0.02 | $538,000 | 3 | 2.5 | 2,100 | Off Market | |
0.02 | $538,000 | 3 | 2.5 | 2,100 | Off Market | |
0.02 | $538,000 | 3 | 2.5 | 2,100 | Off Market | |
0.02 | $781,100 | 3 | 2.5 | 2,824 | Off Market | |
0.02 | $538,000 | 3 | 2.5 | 2,100 | Off Market | |
0.02 | $740,300 | 3 | 2.5 | 2,699 | Off Market | |
0.02 | $654,600 | 3 | 2.5 | 2,814 | Off Market | |
0.02 | $654,600 | 3 | 2.5 | 2,814 | Off Market | |
0.02 | $654,600 | 3 | 2.5 | 2,814 | Off Market | |
0.02 | $654,600 | 3 | 2.5 | 2,814 | Off Market | |
0.02 | $654,600 | 3 | 2.5 | 2,814 | Off Market | |
0.02 | $654,600 | 3 | 2.5 | 2,814 | Off Market | |
0.02 | $654,600 | 3 | 2.5 | 2,814 | Off Market | |
0.02 | $654,600 | 3 | 2.5 | 2,814 | Off Market | |
0.02 | $654,600 | 3 | 2.5 | 2,814 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 11, 2026 Source: Space Coast AOR #1087368 | Listed For Sale | $650,000 |
Mar 5, 2025 Source: Space Coast AOR #1020377 | Sold | $565,000 |
Feb 19, 2025 Source: Space Coast AOR #1020377 | Pending | $609,000 |
Jan 24, 2025 Source: Space Coast AOR #1020377 | PendingToActive | $609,000 |
Dec 13, 2024 Source: Space Coast AOR #1020377 | Pending | $609,000 |
Dec 3, 2024 Source: Space Coast AOR #1020377 | PriceChange | $609,000 Price decreased by 6% |
Nov 7, 2024 Source: Space Coast AOR #1020377 | PendingToActive | $649,000 |
Oct 28, 2024 Source: Space Coast AOR #1020377 | Pending | $649,000 |
Oct 11, 2024 Source: Space Coast AOR #1020377 | PriceChange | $649,000 Price decreased by 7% |
Jul 24, 2024 Source: Space Coast AOR #1020377 | Listed For Sale | $699,000 |
Jul 18, 2024 Source: St Augustine St Johns County BOR #SC970177 | ListingRemoved | |
Mar 19, 2024 Source: Space Coast AOR #970177 | PriceChange | $799,000 Price decreased by 6% |
Jul 22, 2023 Source: Space Coast AOR #970177 | Listed For Sale | $849,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,112 | $403,590 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jon Feshan, Home Wise Realty Group, Inc.
Agent Phone: (407) 712-2000
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.
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Frequently asked questions about 511 E Melbourne Ave
- What is the estimated monthly payment for 511 E Melbourne Ave?Based on a $650,000 list price with 20% down at today's rates, the estimated monthly payment for 511 E Melbourne Ave is approximately $4,523 (about $3,652 principal & interest, $796 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 511 E Melbourne Ave compare to homes in Melbourne?511 E Melbourne Ave is listed at $650,000, about 75% above the $371K median sale price in Melbourne.
- What do residents say about Melbourne?Residents describe Melbourne, FL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Melbourne, FL.
- What are the closest schools to 511 E Melbourne Ave?The closest schools to 511 E Melbourne Ave are Herbert C. Hoover Middle School (rated 7/10), Melbourne Senior High School (rated 6/10), University Park Elementary School (Pre-K, rated 3/10).
- Does 511 E Melbourne Ave have air conditioning?Yes, 511 E Melbourne Ave has air conditioning.
- Does 511 E Melbourne Ave have laundry facilities?Yes, 511 E Melbourne Ave has laundry facilities.
511 E Melbourne Ave, Melbourne, FL 32901 is a 5 bedroom, 2 bathroom, 1,886 sqft single-family home built in 1954. This property is currently available for sale and was listed by Space Coast AOR on Sep 11, 2026. The MLS # for this home is MLS# 1087368.

