$468,058Average Value$232Average Price per Sq Ft1Home For Sale
Coastal living in growing Downtown Melbourne
Melbourne's coastal, cultural and commercial center is undergoing a transition. Streetscape improvements, luxury condominiums and businesses are injecting new life into Downtown Melbourne after some mainstays recently closed. Even as it grows, it's already marked by a busy shopping, dining and events scene. "You can easily walk to enjoy a great night downtown and come back to your oasis without having to drive," according to Anthony Romero, Realtor with Dale Sorensen Real Estate. "That's the lifestyle that everyone lives down there. It's a magical spot that's really just being noticed and still on the forefront of growth."
Experience waterfront living in Melbourne where modern amenities and a laidback coastal lifestyle await.
Explore endless restaurants and retail in Downtown Melbourne.
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Waterfront condos and lush residential streets
The downtown landscape includes secluded, tree-lined streets and waterfront condos and townhouses. Residential streets branch off of New Haven Avenue, the main commercial road. Single-family homes include Spanish Revival, Minimal Traditional, ranch and bungalow-style properties ranging from around $300,000 to $900,000. Mature palms, pines and Spanish moss-draped oak trees help to buffer sound from the busy road. According to Romero, there is a high demand and a low supply in this sought-after area, but waterfront condos are adding to the luxury market. Condos generally range from about $600,000 to $2 million.
Experience serene waterfront living in Melbourne, where ocean breezes, scenic views and coastal charm await.
Discover cozy bungalow charm and spacious ranch homes perfect for laid back Florida living in Downtown Melbourne.
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New Haven Avenue makes way for new businesses
Downtown Melbourne's personality shines on New Haven Avenue, with around 300 unique businesses. They include candle shops, plant nurseries, pubs and patio restaurants, and interactive experiences like painting with a twist and pottery. Some downtown favorites have recently closed, making way for new additions. Mister O1 has built a following for its thin-crust pizza since opening in 2021. "They're usually packed because people want that new-school, modern vibe," Romero says. It's one of around 20 dining options, including longtime favorites such as Meg O'Malley's, a traditional Irish pub established in 2000. The Landing Rooftop bar and restaurant overlooks the city lights and the Indian River.
Enjoy brick oven style pizza from Mister 01 in Downtown Melbourne.
Meg O'Malleys Irish Pub is a Downtown Melbourne staple and a local favorite.
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Fishing and boating on the Indian River
The coastal lifestyle includes activities on the Crane Creek and the Indian River. Crane Creek is a calm manatee sanctuary accessible to kayaks and canoes. Holmes Park and Bean Park feature picnic pavilions and open grassy spaces near the water. Claude Edge Front Street is a larger community green space where locals can launch a motorized boat and fish on the pier. Sandy beaches are about 3 miles east across the Melbourne Causeway. The Melbourne Yacht Club offers a social outlet, with sailing competitions and group trips to the Bahamas and the Keys.
Live the boaters dream in Melbourne Florida, offering plenty of boat ramps, open water, and gorgeous sunset cruising.
Art meets nature at Holmes Park featuring manatee and dolphin sculptures for park goers to enjoy.
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Advanced pathways at Brevard Public Schools
Brevard Public Schools serves Melbourne and its downtown area. Students on the neighborhood's north side typically attend Harbor City Elementary School, which gets a B from Niche, while students on the south side typically attend University Park Elementary School, which receives a C-plus. Kids typically attend the same middle and high school. Hoover Middle School earns a B-plus and offers the REACH Academy to prepare students for advanced high-school programs. They may go on to participate in the dual enrollment, Advanced Placement or International Baccalaureate classes at the A-minus-rated Melbourne High School.
Harbor City Elementary School empowers students with a strong foundation in academics and character.
With a student-teacher ration of 12:1, University Park Elementary School students receive more individualized attention.
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Food and Wine Festival and Space Coast Pride call downtown Melbourne home
Some favorite downtown festivals have moved to other areas, but many remain. Food vendors and live music stages line Crane Creek at the Downtown Melbourne Food and Wine Fest, a ticketed event in November. The area hosts the Space Coast's annual Pride celebration in September. The Melbourne Art Festival relocated to Wickham Park in 2017 to accommodate a longer list of artists and visitors. After 40 years, it remains one of the city's most popular events, with over 200 participating artists.
Walking, driving and public transportation
Downtown is known for its walkability, which is boosted by new sidewalks, benches, and lighting. The renovations included a new parking garage for downtown drivers. East Strawbridge Avenue and East New Haven Avenue are the main east-west roads through the neighborhood, with centrally located Space Coast Area Transit bus stops. U.S. 1 is the main north-south route along the coast. Melbourne Orlando International Airport offers daily and weekly flights to the Midwest, the South and the Northeast regions.
Residents enjoy the many shopping and dining offerings in Downtown Melbourne.
Explore Downtown Melbourne's shops and dining with ease; Space Coast Area Transit's free routes make getting around a breeze for residents.
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Cameras and foot patrols boost downtown safety
New safety measures are part of the downtown transition. Overall, the area has a CAP Index crime risk score of 6 out of 10, compared to the national average of 4. Recent violent crime activity has spurred new security patrols and security cameras monitored by local police. Romero says that flooding may be a concern along the waterfront, but Melbourne's higher elevation helps. Residents still brace for hurricanes from June to November.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Jeff Porter,
an experienced agent in this neighborhood.
Parks in this Area
Kiwanis Park at Geiger Point
Campbell Park
Bean Park
Holmes Park
Claude Edge Front Street Park
Transit
Airport
Melbourne Orlando International
10 min drive
Bus
New Haven & Cvs
Bus
E New Haven Ave & S Franklin St (Sw Corner)
Bus
Waverly Pl & New Haven Ave (Se Corner)
Bus
S Hickory St & E Stawbridge Ave (Ne Corner)
Bus
E. Strawbridge Ave & Trinity Towers East
Bus
E Strawbridge Ave & S Harbor City Blvd (Sw Corner)
Bus
E Strawbridge Ave Across From Riverview Dr
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown Melbourne
US
Homicide
4
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
4
4
Burglary
7
4
Motor Vehicle Theft
5
4
Larceny
8
4
Crime Score
6
4
Source: WhatIsMyCrimeRisk.com
Downtown Melbourne Demographics and Home Trends
On average, homes in Downtown Melbourne, Melbourne sell after 78 days on the market compared to the national average of 70 days. The median sale price for homes in Downtown Melbourne, Melbourne over the last 12 months is $559,950, up 47% from the median home sale price over the previous 12 months.
This luxurious 3-bedroom, 3-bath condo, built in 2022, offers 2,082 sq. ft. of living space and a 165 sq. ft. balcony with breathtaking Indian River and Indialantic skyline views. The home features upgraded tile floors throughout, impact-resistant glass sliders, and a chef's kitchen with a waterfall island, quartz backsplash, soft-close maple cabinetry, GE appliances, and a beverage fridge. The
Surround yourself in South Florida luxury without the Miami price tag. Luxurious waterfront penthouse. Downsize without giving up space, storage or entertaining. This maintenance free condo allows privacy for owners, guests and unparalleled views of the river, launches, and Melbourne. 10' ceilings and open spaces in the chef's kitchen with Thermador appliances, great room and family rooms with
Experience luxury coastal living in this exquisite 9th-floor residence, built in 2022, offering the feel of a brand-new home with modern finishes and pristine condition. Featuring 10' ceilings and floor-to-ceiling impact-resistant glass, this stunning condo showcases breathtaking panoramic views of the Indialantic skyline and the vibrant blue ocean, where cruise ships are a regular sight. Off the
Adorable one bedroom, one bathroom unit near downtown Melbourne with Mexican tile, throughout. Downstairs unit in a triplex. Available August 1. Currently tenant occupied. Showings by appointment only. Minimum credit score 600. Security deposit $1000. No pets. Shared washer/dryer. Tenant pays water and electric.
Unwind at this bright and welcoming 3-bedroom, 2-bath home in the heart of Melbourne. With a private pool, fully equipped kitchen, and family-friendly amenities, this retreat offers comfort and convenience just 10 minutes from the beach, 5 minutes from the historic downtown, and local attractions. Whether you're here for sun, surf, or a peaceful getaway, this home has everything you need for the
Completely remodeled top floor penthouse! NORTH end unit w/wrap around panoramic views of the Indian River & Melbourne Harbor Marina/Yacht Club. Best views of the rocket launches & firework shows. In the heart of Downtown w/short walk to the best dining & shopping. High end kitchen w/Curava Savaii countertops, heat & scratch resistant. Custom Heller cabinets w/crown molding. High quality
Interested in learning more about homes in this area?
Reach out to
Jeff Porter,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
2,373
Median Age
63
Population under 18
10.5%
Below the national average
23.8%
Population over 65
46.4%
Significantly above the national average
19.1%
Finances
Median Household Income
$21,697
Significantly below the national average
$71,702
Average Household Income
$47,112
Education and Workforce
High School Graduates
88%
College Graduates
19.7%
Below the national average
34.1%
Advanced Degrees
7.5%
% Population in Labor Force
48.5%
Below the national average
65.1%
Weather
Annual Precipitation
51''
Average Winter Low Temperature
54°F
Average Summer High Temperature
91°F
Annual Snowfall
0''
Area Factors
Bikeable
Bike Score®
58/ 100
Very Walkable
Walk Score®
84/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
