$1,595,000
- 3,486 Sq Ft
907 E Melbourne Ave, Melbourne, FL 32901
Meghan O'Hara Arium Real Estate, LLC
$1,595,000
907 E Melbourne Ave, Melbourne, FL 32901
Meghan O'Hara Arium Real Estate, LLC
$569,900
1620 Peachtree St, Melbourne, FL 32901
Justin Luke Blue Marlin Real Estate
$450,000
Unlisted Address
Jacqueline Malinowska Classique Properties of Brev.
$1,300,000
207 Hidden Woods Place, Melbourne, FL 32905
Meili Viera Porter Waterman Real Estate Inc.
$249,000
421 Butler St, Melbourne, FL 32901
steve david Florida Professional R E Inc
$625,000
658 Young St, Melbourne, FL 32935
Donna Gianotti-Kelley Space Coast Realty & Inv. LLC
$3,895,000
168 Hidden Woods Place, Melbourne, FL 32901
Meili Viera Porter Waterman Real Estate Inc.
$1,300,000
208 Hidden Woods Place, Melbourne, FL 32901
Meili Viera Porter Waterman Real Estate Inc.
$1,300,000
168 Hidden Woods Place, Melbourne, FL 32901
Meili Viera Porter Waterman Real Estate Inc.
Downtown Melbourne buzzes with art galleries, boutiques, and historic buildings, while the Eau Gallie Arts District showcases vibrant murals and hosts monthly art walks. The Indian River Lagoon provides prime spots for kayaking alongside manatees and dolphins, and Melbourne Beach delivers pristine Atlantic shorelines perfect for surfing and swimming. The Brevard Zoo creates interactive wildlife experiences through kayaking tours and animal encounters, while Sebastian Inlet State Park combines camping, fishing, and rocket launch viewing. Cultural attractions include Broadway shows at the King Center for the Performing Arts and Victorian-era exhibits at the Rossetter House Museum & Gardens.
The Melbourne housing market features diverse options across distinct neighborhoods. The median sale price in Melbourne is $375,000, with single-family homes in Downtown Melbourne commanding a median price of $420,000. Suntree's single-family homes reach a median of $560,000, while Paradise Beach homes command a median of $727,500. Condominiums present more affordable options, with one-bedroom units at a median of $147,000 and two-bedroom units at $179,000. Townhomes settle at a median price of $325,000.
Melbourne's tax structure includes a 0.7% effective property tax rate in Brevard County, matching neighboring cities Palm Bay, Rockledge, and Cocoa. Florida residents benefit from no state income tax, while paying a 6.95% combined sales tax rate.
The education system features several A-rated schools, including West Shore Junior/Senior High School and Viera Elementary School. Private education options include Holy Trinity Episcopal Academy and Florida Preparatory Academy, both rated A-plus. The Florida Institute of Technology adds higher education opportunities to the community. The Space Coast Area Transit system connects residents throughout Brevard County, with Melbourne International Airport providing commercial flights to major cities.
The median home sale price in Melbourne, FL is $395,000, down 5% year-over-year. Homes in Melbourne sell in 57 days on average, compared to the national average of 57 days.
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Median Sale Price
$395,000
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Median Single Family Sale Price
$424,000
|
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Median Townhouse Sale Price
$315,000
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Median 2 Bedroom Sale Price
$245,000
|
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Median 1 Bedroom Sale Price
$130,000
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Average Price Per Sq Ft
$233
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Number of Homes for Sale
775
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Last 12 months Home Sales
3,106
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Months of Supply
3.00
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Median List Price
$424,900
|
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Median Change From 1st List Price
4%
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Median Home Sale Price YoY Change
-5%
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Melbourne combines riverfront views, coastal access, and a laid-back lifestyle along Florida’s Space Coast.
In Melbourne, there are currently 9 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $249,000 to $3,895,000, there's a range to accomodate every budget. As of July, 2026 the median home price in Melbourne is $424,900, while the average sale price is $458,302, offering insights into the local housing market. On average, multi-family homes spend 57 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Melbourne, FL.