$245,200Average Value$221Average Price per Sq Ft11Homes For Sale
Close to schools and parks in Magnolia Park
Two miles west of downtown Melbourne, suburban Magnolia Park offers lower-priced single-family homes near parks, schools and local businesses. "It is much more affordable to live in this area compared to major cities like Orlando, Miami and Tampa," says Alisabet Valdes, a Realtor with Arium Real Estate, LLC, who has over a year of experience. "You have local events and beautiful parks, and you can enjoy the beach anytime." The area's packed with shopping and dining, and there's convenient access to thoroughfares and bus stops. "It is a very ideal location," Valdes says. "It's like a happy meal — you get the peace and quiet, and you get the beach."
Sports, recreation and the beach
For a round of golf, Crane Creek Reserve features a public, 18-hole course lined with palm trees. Two miles away, Wells Park offers picnic tables, walking paths and a catch-and-release fishing pond stocked with tilapia and bluegill. "You can take your kids, have a good time and walk downtown to enjoy the restaurants and boutiques," Valdes says. There's also the Melbourne Library and the Melbourne Auditorium, which hosts concerts throughout the year. For a beach trip, Melbourne Beach is 6 miles away. "It's a beautiful beach," Valdes says. "It's not crowded; it's very peaceful and enjoyable." Beachgoers can hunt for seashells along the shore's white sands while surfers ride the beach's clear, blue waves. Nearby, James H. Nance Park offers a covered playground and shaded picnic areas to cool off from the sun. "The city takes care of its parks," Valdes says.
Ranch-style homes priced lower than Orlando
Magnolia Park's ranch-style homes are generally from the mid 20th century through today, shaded in coastal colors with attached garages or carports. Older homes have features like horizontal siding, full-width porches and board-and-batten shutters, while newer homes have stucco facades, covered entryways and clean, symmetrical lines. Most houses are under 2,000 square feet; their lawns are dotted with mature trees, flowering bushes and traditional mailboxes. Prices range from $200,000 to $500,000, depending on a home's size, features and renovation needs. The median price here is $290,000, compared to $400,000 in Orlando.
Family fun and festivities downtown
"There are a lot of activities and festivals downtown," Valdes says. In November, the Downtown Melbourne Food & Wine Festival brings the community together with local art, live entertainment, wine tastings and food from area vendors. "People with costumes are walking around — it's a great opportunity to have a good time with family and friends," Valdes says. During the holidays, downtown transforms with Christmas lights, photos with Santa and a lively tree lighting ceremony.
Shopping and dining in every direction
Along West New Haven Avenue, residents can start their day with a smoothie, coffee or boba from Smoothie Paradise Cafe. "It's a very ideal location," Valdes says. "There are restaurants all along that avenue." Rain-Bo Island is a fast-casual spot with sushi and poke bowls, and Jao Thai Kitchen serves up favorites like chicken teriyaki and ginger curry. For groceries, there are cold cuts and fresh breads at Cerrato's Italian Market and Deli, and Aldi is less than a mile away with all the pantry essentials. Nearby, Melbourne Square, a shopping mall, features over 100 stores and restaurants, including department stores like Macy's, Dillard's and Dick's Sporting Goods. There are also several other retail plazas around the neighborhood, and downtown is 2 miles away with dozens of locally owned shops and eateries. For a downtown drink, Meg O'Malley's is a popular pub and restaurant with live music and Guinness on tap.
Local high schools receive high marks from Niche
Magnolia Park is part of Brevard Public Schools, rated B-plus overall by Niche. Local kids may start at University Park Elementary and Stone Magnet Middle—both rated C-plus by Niche. At the A-minus-rated Melbourne Senior High, teens may take dual-enrollment courses for college credit at Eastern Florida State College. Private options in the area include Florida Preparatory Academy for sixth through 12th grades and Melbourne Central Catholic High — both rated A-plus.
Getting around from Magnolia Park
"You're right there by a major road," Valdes says. U.S. Route 192 runs along Magnolia Park, connecting it to downtown just 2 miles east. Five miles away, Interstate 95 offers access to Orlando, 70 miles northwest. The area is considered walkable and bikeable, though there are no dedicated bike lanes. Space Coast Area Transit buses serve the area. Melbourne Orlando International Airport is a mile away, and Orlando Health Melbourne Hospital is 5 miles away.
Environmental concerns and risk of flooding
In 2024, Hurricanes Helene and Milton passed through the Melbourne area, impacting local businesses and beaches. Most of the neighborhood isn't considered a flood zone, but homes along Crane Creek are more vulnerable. Homebuyers may check with their insurance agent for more information.
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
Dr. Martin Luther King Blvd & W Fee Ave (Ne Corner)
Crime and Safety
1 - Low Crime, 10 - High Crime
Magnolia Park
US
Homicide
4
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
3
4
Burglary
6
4
Motor Vehicle Theft
4
4
Larceny
6
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Magnolia Park Demographics and Home Trends
On average, homes in Magnolia Park, Melbourne sell after 51 days on the market compared to the national average of 52 days. The median sale price for homes in Magnolia Park, Melbourne over the last 12 months is $310,000, up 19% from the median home sale price over the previous 12 months.
Prime location and packed with character. This 3-bedroom, 2-bathroom FURNISHED home offers over 1,600 sq. ft. of living space on more than 1/4 acre lot in the heart of Melbourne. The home has been thoughtfully updated whilst showcasing its classic Old Florida charm. Inside, you’ll find plenty of space, a cozy main living area with a fireplace and updated kitchen with newer FRIGIDAIRE appliances.
Step into this charming 3 bedroom 2 bathroom home with brand new lvp flooring, brand new kitchen appliances never used. Brand new hvac and roof, with a handcrafted kitchen island with an electric range, perfect for cooking and entertaining. Relax in the spacious enclosed porch overlooking your yard, ideal for gatherings, pets, or gardening. Conveniently located near stores, shopping, golf course,
Charming, Freshly painted, 3-Bedroom 1-bath 2-Car Garage Single-Family Home - Prime Melbourne Location! Welcome home to this Beautiful Landscaped property with lush, mature greenery and manicured grounds that offer great curb appeal and a relaxing outdoor space.Prime Location: Just minutes from Melbourne International Airport, Close to Holmes Regional Medical Center, Walking distance or
This 2 bedroom 1 bath house with a carport could be a great starter home. . Freshly painted on the inside. Grey vinyl plank throughout the home. Kitchen and bathroom has been remodeled. Large back yard. Close to shopping restaurants and only 5 miles to the beach. It is a must see!
Welcome to this remodeled 4 BEDROOM, 2 BATH one-story home in the heart of Melbourne, a short bike ride to Downtown and Florida Tech and less than 10 MINUTES TO THE BEACH by car. Tankless water heater, 2019 METAL ROOF and CONCRETE BLOCK CONSTRUCTION. Open and inviting floorplan, stylishly renovated kitchen with sleek finishes and spacious living and dining areas. XL Primary bedroom with ensuite
Come tour this 3 bedroom 2 bath rental in the heart of Melbourne! Just minutes to shopping, schools, airport, and the big tech/engineering companies. Located on a quiet cul-de-sac enjoy tucked away peace. The garage has been converted into an extra room, perfect for office or game room! Terrazzo flooring throughout, no carpet!
VERY SPACIOUS AND WELL-MAINTAINED PET FRIENDLY 2 BEDROOM 1 AND A HALF BATH THAT HAS BRAND NEW PAINT, BRAND NEW CARPET, BRAND NEW VINYL FLOORING, OPEN PARKING, REFRIGERATOR, RANGE, DISHWASHER, COMMUNITY LAUNDRY AND SO MUCH MORE. CENTRALLY LOCATED NEAR SHOPPING AND RESTAURANTS. LAWN CARE INCLUDED IN THE RENT. CALL TO SCHEDULE YOUR APPOINTMENT.
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