703 Shady Lane, Melbourne, FL 32935
FOR SALE

703 Shady Lane
Melbourne, FL 32935

  • 2 Beds
  • 1 Bath
  • 916 sqft

$429,000

Est. Mortgage $2,701/mo*
Get Pre-Qualified

$429,000

Est. Mortgage $2,701/mo*
Get Pre-Qualified
2 Beds
1 Bath
916 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Recently remodeled 1934 cottage in Melbourne's Eau Gallie Arts District! This charming 2BR/1BA home offers 916 sq. ft. of light-filled living with high ceilings and vintage character. Central A/C. Metal roof. Wood flooring. Kitchen and bathroom were recently renovated. Enjoy a private front yard, spacious back deck, and detached shed with potential for workshop or guest suite. Walk to breweries, shops, art galleries, and the library. Just 1 minute to the Indian River and 5 minutes to the beach. Perfect as a primary home or short-term rental, 703 Shady Lane combines location, lifestyle, and investment potential in one rare find!

Home Highlights

Parking
No Info
Outdoor
No Info
View
No Info
HOA
None
Price/Sqft
$468
Listed
180+ days ago

Home Details for 703 Shady Lane

Interior Features

Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 916 Square Feet
Appliances & Utilities
Utilities: Sewer Available, Water AvailableAppliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, WasherDishwasherDryerLaundry: InsideMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Wood
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneFloors: Wood

Exterior Features

Exterior Home Features
Roof: MetalNo Private Pool
Parking & Garage
No Garage
Frontage
Waterfront: NoneNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 167Days on Market: 180+

Property Information

Year Built
Year Built: 1934
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Florida
Building
Construction Materials: FrameNot a New Construction
Property Information
Condition: ResaleParcel Number: 2737210600000.00029.00

Price & Status

Price
List Price: $429,000Price Per Sqft: $468
Status Change & Dates
Possession Timing: Close Of Escrow, Negotiable

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: MelbourneCommunity: CREELS S/D OF LOT 26 HOUSTONS ADD TO EAU GALLIE

Agent Information

Listing Agent
Listing ID: R11139020

Building

Building Area
Building Area: 916 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: BeachesMLSNo HOA

Offer

Listing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: R11139020Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12009-N-27372106000000002900-R-N

Additional Information

HOA Amenities: NoneDays On Market Replication: 167
Last check for updates: about 13 hours ago
Listing courtesy of Luiz F Machado, (561) 762-3258
Landmark Investments & Real Estate
Originating MLS: BeachesMLS
Source: BeachesMLS, MLS#R11139020
Also Listed on BeachesMLS, Stellar MLS, Stellar MLS.

Price History for 703 Shady Lane

DatePriceEventSource
11/07/2025$429,000Listed For SaleBeachesMLS #RX-11139020
01/09/2023$340,000Sold
Space Coast AOR #943471
12/12/2022$364,795ContingentSpace Coast AOR #943471
12/02/2022$364,795PriceChange
Space Coast AOR #943471
11/07/2022$376,984PendingToActiveSpace Coast AOR #943471
10/06/2022$398,765ContingentSpace Coast AOR #943471
09/20/2022$398,765PendingToActiveSpace Coast AOR #943471
09/02/2022$398,765ContingentSpace Coast AOR #943471
08/20/2022$398,765PriceChange
Space Coast AOR #943471
08/12/2022$429,760PriceChange
Space Coast AOR #943471
07/26/2022$450,000Listed For SaleN/A
06/27/2022ListingRemovedN/A
03/26/2022$450,000Listed For SaleN/A
02/07/2022ListingRemovedN/A
08/29/2021$400,000Listed For SaleN/A
06/13/2021ListingRemovedN/A
06/04/2021$500,000Listed For SaleN/A
04/01/2021ListingRemovedN/A
02/08/2021$400,000Listed For SaleN/A
05/21/2020$399,999ListingRemovedN/A
12/04/2019$399,999PriceChange
N/A
10/24/2019$349,999Listed For SaleN/A
07/18/2019$349,999ListingRemovedN/A
02/27/2019$349,999PriceChange
N/A
11/22/2018$349,000PriceChange
N/A
04/07/2017$135,000Sold
Space Coast AOR #779132
01/05/2016$125,000Sold
Space Coast AOR #739924
08/31/2007$165,000Sold
N/A
03/30/2005$195,000Sold
N/A
05/15/2001$82,500Sold
N/A

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Property Tax and Assessment

Year2024
Tax$5,146
Assessment$291,940
Home facts updated by county records

Comparable Sales for 703 Shady Lane

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
555 Montreal Ave, Melbourne, FL
0.19
Single-Family Home
$360,000
04/17/26
1
1
888

Assigned Schools

These are the assigned schools for 703 Shady Lane.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Melbourne

At least 922 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

Learn more about our methodology.
  • Sharon L Hardy
    "We have a wonderful clubhouse that schedules all sorts of events, and activities for the families that live here and for the children. they even have a mom’s night at ldad’s night babysitting night, every kind of social club you can think of"
    0
    Flag
  • Jacqueline Malinowska
    "The Eau Gallie section of Melbournes is in the north and used to be a city of its own. It seems to have a different style "
    0
    Flag
  • Toddtreadway
    "Wonderful, family and retiree oriented neighborhood with beautiful homes! Our neighbors are very nice and we always look forward to the monthly/quarterly/annual parties and gatherings!"
    0
    Flag
  • Jacqueline Malinowska
    "Schools are good and some are very good. This is a family friendly city. Many high tech jobs and the nearby Space Center make this area unique "
    0
    Flag
  • Walter_falk_texas
    "Family and retirement friendly with a good mix of working families. Space, technology and services industry. "
    0
    Flag
  • Steven Rodrigo
    "Numerous events held at the local park here in Melbourne Beach. The Pineapple Man Triathlon is the oldest Triathlon in Florida held here. Founders day is also a huge event that happens the first Saturday in May."
    0
    Flag
  • Christine Brown
    "Dog friendly area with several designated walking areas for dogs. All on leashes no loose animals allowed"
    0
    Flag
  • Ywd4sb4dch
    "Wickham park has events all the time. Very family friendly . There are 1-2 events at this park every week. "
    0
    Flag
  • 5x6s6yrvym
    "Various, especially Historical Down Town Melbourne . St. Patrick parade is the best. "
    0
    Flag
  • Steven Rodrigo
    "No high rises allowed. Still a harbor and beach town. The people are extremely friendly and the Island Root kava bar is awesomely!"
    0
    Flag
  • Digglegiggle
    "Almost everyone has dogs. Most owners are respectful and walk their dogs in the neighborhood. It’s been a good community to live in. "
    0
    Flag
  • Alexmorales122078
    "Is great !! Sadly like any other great area the builders have gone greedy and houses are getting stack super close and there is just too many people !"
    9
    Flag
  • Christine Brown
    "We have a lot of things like art shows, parades, craft shows, holiday festivals, ect in downtown Melbourne. Melbourne is really just a place that is an easy paced, not over populated great place to live. "
    5
    Flag
  • Walter_falk_texas
    "Great community with nice neighbors and close to beach and shopping. Safe and well maintained. HOA is fairly priced. "
    2
    Flag
  • James Behan
    "Not sure what community events make our neighborhood different but we live beach side and getting around is easy, shopping within a mile or two "
    2
    Flag
  • Iowafsu
    "Suntree is great. We have lived here for over 20 years and raised our kids here. The schools are great and the area is convenient to shopping and amenities. "
    1
    Flag
  • Ninacgibilaro
    "Seeet and very nice people we love the people that live on our street and n our neighborhood this is the best place to live or stay "
    1
    Flag
  • Iowafsu
    "We raised our kids here (20 years). My neighbor is the 1st owner of their house from the early 1980s. We know 99% of the neighbors in our neighborhood and we all look out for each other."
    4
    Flag
  • Trulia User
    "We walk our dogs 3 to 6 times a day and there’s always someone out walking or riding cars. The houses and yards are very well manicured."
    0
    Flag
  • Melbourne Family
    "Been here 20 years and raised our kids in Suntree…great for all ages. Schools are excellent. Close proximity to the ocean and a short drive to Disney."
    2
    Flag
  • Marilyn Arnold
    "Nothing much to say about Melbourne neighbors except too many renters and too much traffic. Roads are bad"
    0
    Flag
  • Rssllgolf
    "Restaurants, groceries, and medical facilities. Suntree is beautifully landscaped and maintained with great schools, community centers, and parks. Close to many cultural gems. "
    0
    Flag
  • Kyle Renner
    "Technically it’s on Beachside, but the dog beach is a big plus. There are plenty of dog-friendly businesses too that won’t give you issues about bringing your pups."
    2
    Flag
  • James Behan
    "Most neighborhoods are pretty safe, a couple that are not. Do your research before buying a home. Same with the schools, most are really good , a couple are not. "
    2
    Flag
  • Sedamac
    "I live in Suntree, 32940. I believe it is the best part of the county. Beach is a short drive away. Best schools of the County. Walking, fishing, biking, golfing. Super clean and safe neighborhood. People walk and everyone is friendly. No crime here. Elementary school is really awesome. Quiet and 1-2 mile to everything you may need. Doctors, restaurants, contry club, river, etc. You don’t lose power during hurricane here. Lots are bigger so you are not into each other’s face. Green and shade by the trees. Love it here! Best middle and high school is zoned for 32940. "
    15
    Flag
  • Sydney
    "good area. nice neighborhood. mostly quiet and peaceful. you will love it! beautiful to walk around. lovely "
    30
    Flag
  • Robin H.
    "Living here is a pleasure. The people are kind, the city is clean, and e have easy access to many stores and restaurants. It’s a safe neighborhood!"
    12
    Flag
  • Robin H.
    "It’s a wonderful place to live! We have kind neighbors, helpful and friendly community, lots to do, easy access to stores, parks etc! It’s safe and clean and truly wonderful!"
    8
    Flag
  • Toddtreadway
    "What a great mix of retirees and young folks with kids! Beautiful houses with clay tile roofs and great weather. Very active community groups for all types...retirees, neighborhoods, moms/dads with kids, golfers, surfers. Love this area! And the Brevard Zoo is great."
    0
    Flag
  • Maryannirribarra
    "many people have dogs here and can walk them in our complex or at local parks. I do not own a dog but it seems a good place for them."
    0
    Flag
  • Edgar H.
    "tranquil and peaceful. most of the population are retired and snowbirds. golfing, fishing and surfing are most common activities among this population."
    0
    Flag
  • Trulia User
    "No public transportation, traffic isn’t terrible but there are so many schools in this small area that you don’t want to go anywhere from V 2-5"
    12
    Flag
  • Jose D. G.
    "They would love the abundant of trees and grass around the neighborhood. No heavy traffic in most neighborhoods either "
    0
    Flag
  • Jeband
    "I commute by car 11 miles to work. Public transportation is not easily accessed in this county and define not in my neighborhood. "
    4
    Flag
  • Drew36861
    "The traffic in the area is heavy but it's a very clean and safe community. close to great shopping and dining , many Winton walking distance"
    0
    Flag
  • Chancegulick
    "I have lived in this neighborhood for 10 years and this neighborhood is not very friendly, lots of crime, car jacking, etc. not dog friendly streets. There is also lots of traffic during rush hour recently. The Melbourne neighborhood does not have much uniqueness."
    0
    Flag
  • Decordova63
    "Picking up there own dog poop but great area to walk dog no speeders and safe neighborhood! Highly recommended Melbourne"
    11
    Flag
  • Ste0698ve
    "People are walking their dogs all the time. I see them everyday, but sometimes they are off leash and shouldn’t be."
    3
    Flag
  • Christine_gaul
    "Love the area. Very close to everything . Easy access to highways and the beach. Quite and neighborhood is very well kept"
    1
    Flag
  • Karen P.
    "Very nice and quiet, neighborhood, Street and parking it easy! Nice live in Melbourne! Very good ! "
    0
    Flag

LGBTQ Local Legal Protections

Luiz F Machado, Landmark Investments & Real Estate
Agent Phone: (561) 762-3258
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
703 Shady Lane, Melbourne, FL 32935 is a 2 bedroom, 1 bathroom, 916 sqft single-family home built in 1934. This property is currently available for sale and was listed by BeachesMLS on Nov 7, 2025. The MLS # for this home is MLS# R11139020.