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$650,000

511 Melbourne Ave

Melbourne, FL
Active
5
Bedrooms
2
Bathrooms
0.61
Lot Size (acres)
1954
Year Built
23
Days On Market

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.

Listing Information

Listing Updated
9 days ago
Listed By
Jon Feshan · Home Wise Realty Group, Inc., 4077122000
MLS#
1087368
Source
Space Coast MLS (Space Coast Association of REALTORS)
Status
Active

Facts & Features

Location

Community Information

Address
511 E Melbourne Ave, Melbourne, FL 32901
City
Melbourne
County
Brevard
Neighborhood
Hallwood Place
Zip Code
32901

Architecture

Bedrooms
5
Bathrooms
2
Stories
1
Year Built
1954
Style
Craftsman, Historic
Construction Materials
Block, Concrete
Roof
Shingle
Garage
Yes
Garage Spaces
2
Parking Features
Garage Door Opener, Additional Parking, Detached Carport

Features & Amenities

Interior Features
Eat-in Kitchen
Appliances
Electric Water Heater, Refrigerator, Disposal
Flooring
Vinyl, Other, Wood
Cooling
Central Air
Heating
Central

Property Features

Lot Size
0.61 Acres
Lot Features
Waterfront, Other
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Sewer Available, Electricity Available, Water Available, Water Connected

Square Footage

Total
1,886 sq. ft.

Tax & Financial Information

List Price
$650,000
Annual Taxes
$6,898

Schools

100/100
Stone Magnet Middle School
Middle · Grades 07–08 · 1.1 mi
City
Melbourne
Students
816
Student body
46% White · 29% Black · 15% Hispanic / Latino
Free/reduced lunch
65%
Phone
(321) 723-0741
77/100
Melbourne Senior High School
High · Grades 09–12 · 1.1 mi
City
Melbourne
Students
2,226
Parent reviews
5.0★ avg · 1 review
Student body
72% White · 12% Hispanic / Latino · 7% Black
Free/reduced lunch
30%
Phone
(321) 952-5880
58/100
West Shore Junior/Senior High School
High · Grades 07–12 · 2.4 mi
City
Melbourne
Students
957
Parent reviews
3.0★ avg · 2 reviews
Student body
68% White · 13% Hispanic / Latino · 9% Asian
Free/reduced lunch
11%
Phone
(321) 242-4730
55/100
Palm Bay Magnet Senior High School
High · Grades 08–12 · 1.9 mi
City
Melbourne
Students
1,598
Student body
45% White · 27% Black · 18% Hispanic / Latino
Free/reduced lunch
58%
Phone
(321) 952-5900
53/100
Riverdale Country Day School
7th & Above · Grades KG–12 · 2.8 mi
City
Palm Bay
Students
47
Student body
43% White · 26% Black · 21% Hispanic / Latino
Free/reduced lunch
83%
Phone
(321) 728-2856
52/100
University Park Elementary School
Elementary · Grades PK–06 · 1.4 mi
City
Melbourne
Students
480
Student body
44% White · 40% Black · 8% Hispanic / Latino
Free/reduced lunch
86%
Phone
(321) 723-2566
51/100
Palm Bay High Adult Education
Grades AE–AE · 1.9 mi
City
Melbourne
Phone
(321) 952-5914
50/100
South Area Adult Education-Day Program
Grades AE–AE · 1.1 mi
City
Melbourne
Phone
(321) 952-5977

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/11/2026Listed for sale$650,000

Listed by Jon Feshan · Home Wise Realty Group, Inc. · 4077122000

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Brevard MLS. IDX 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. Information deemed reliable but not guaranteed. Copyright © 2026 Brevard MLS. All Rights Reserved.

Last Updated: September 24, 2026 at 6:06 PM | Source: Brevard MLS | MLS#: 1087368

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