703 Shady Ln, Melbourne, FL 32935
FOR SALE
3D VIEW

703 Shady Ln
Melbourne, FL 32935

  • 2 Beds
  • 1 Bath
  • 916 sqft

$429,000

Est. Mortgage $2,759/mo*
Get Pre-Qualified

$429,000

Est. Mortgage $2,759/mo*
Get Pre-Qualified
2 Beds
1 Bath
916 sqft

Local Information

  • Map ViewExplore the area around 703 Shady Ln.
  • Schools2 Preschool Schools1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- 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
168 days ago

Home Details for 703 Shady Ln

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Primary Bedroom, Bedroom 2, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 916 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Phone Available, Public, Water ConnectedAppliances: Dryer, Microwave, Range, Refrigerator, WasherDryerLaundry: InsideMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: Non Wood BurningHas a Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneFloors: Hardwood
View
No View

Exterior Features

Exterior Home Features
Roof: MetalExterior: StorageFoundation: Block, SlabNo Private Pool
Parking & Garage
No CarportNo Garage
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: None

Days on Market

Cumulative Days on Market: 1Days on Market: 168

Property Information

Year Built
Year Built: 1934
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Wood FrameNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 27 372106*29

Price & Status

Price
List Price: $429,000Price Per Sqft: $468

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: MELBOURNECommunity: CREELS SUB

Agent Information

Listing Agent
Listing ID: O6371273

Building

Building Area
Building Area: 916 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Orlando RegionalNo HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 4356 sqft

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash, Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: O6371273Showing Requirements: Appointment Only, Call Listing Agent, Call OwnerUniversal Property Id: US-12009-N-2737210629-R-N
Last check for updates: about 4 hours ago
Listing Provided by: Luiz Machado, (561) 762-3258
LANDMARK INVESTMENTS & REAL ESTATE, (561) 762-3258
Originating MLS: Orlando Regional
Source: Stellar MLS, MLS#O6371273
Also Listed on Stellar MLS.
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. Some IDX listings have been excluded from this website.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511

Market trends in Melbourne

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$347K
$6.17KMoM
Sale-to-List Price
97.4%
0.1%MoM
Price per sq ft
$216
$4MoM
Available listings
876
27MoM

Price History for 703 Shady Ln

DatePriceEventSource
05/23/2026$429,000PendingBeachesMLS #R11139020
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
04/07/2017$135,000Sold
Space Coast AOR #779132
01/04/2016$125,000Sold
N/A
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

Year2025
Tax$5,002
Assessment$276,400
Home facts updated by county records

Comparable Sales for 703 Shady Ln

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

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 703 Shady Ln.
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

Sourced by Trulia users. Learn more about our methodology.
  • M8w6ftxvph
    "No parks with playgrounds for kids to play; no sidewalks except on the main road; lots of through traffic & noise from airport; not everyone maintains their yard..."
    1
    Flag
  • 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
  • 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 Machado, LANDMARK INVESTMENTS & REAL ESTATE, (561) 762-3258
Agent Phone: (561) 762-3258
703 Shady Ln, 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 Stellar MLS on Jan 6, 2026. The MLS # for this home is MLS# O6371273.