703 Shady Ln Melbourne, FL 32935
Estimated payment $2,650/month
Highlights
- Wood Flooring
- Central Heating and Cooling System
- 1-Story Property
- Laundry Room
- Family Room
- 4-minute walk to Rossetter Park
About This Home
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!
Listing Agent
Landmark Investments & Real Estate License #3204078 Listed on: 11/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,802
Year Built
- Built in 1934
Home Design
- Frame Construction
- Metal Roof
Interior Spaces
- 916 Sq Ft Home
- 1-Story Property
- Furnished or left unfurnished upon request
- Family Room
- Wood Flooring
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
Community Details
- Creels S/D Of Lot 26 Hous Subdivision
Listing and Financial Details
- Assessor Parcel Number 2737210600000.00029.00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,146 | $276,400 | -- | -- |
| 2024 | $4,985 | $291,940 | -- | -- |
| 2023 | $4,985 | $279,280 | $120,000 | $159,280 |
| 2022 | $1,603 | $129,460 | $0 | $0 |
| 2021 | $1,611 | $125,690 | $0 | $0 |
| 2020 | $1,590 | $123,960 | $0 | $0 |
| 2019 | $1,526 | $117,630 | $0 | $0 |
| 2018 | $1,516 | $115,440 | $55,800 | $59,640 |
| 2017 | $2,249 | $108,710 | $52,200 | $56,510 |
| 2016 | $2,041 | $92,930 | $41,400 | $51,530 |
| 2015 | $2,016 | $89,180 | $41,400 | $47,780 |
| 2014 | $1,891 | $82,850 | $41,400 | $41,450 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2025 11/07/25 | For Sale | $429,000 | +217.8% | $468 / Sq Ft | |
| 12/23/2023 12/23/23 | Off Market | $135,000 | -- | -- | |
| 01/09/2023 01/09/23 | Sold | $340,000 | -6.8% | $371 / Sq Ft | View Prior Sale |
| 12/11/2022 12/11/22 | Pending | -- | -- | -- | |
| 12/02/2022 12/02/22 | Price Changed | $364,795 | -3.2% | $398 / Sq Ft | |
| 11/07/2022 11/07/22 | Price Changed | $376,984 | -5.5% | $412 / Sq Ft | |
| 11/07/2022 11/07/22 | For Sale | $398,765 | 0.0% | $435 / Sq Ft | |
| 09/30/2022 09/30/22 | Pending | -- | -- | -- | |
| 09/20/2022 09/20/22 | For Sale | $398,765 | 0.0% | $435 / Sq Ft | |
| 09/01/2022 09/01/22 | Pending | -- | -- | -- | |
| 08/20/2022 08/20/22 | Price Changed | $398,765 | -7.2% | $435 / Sq Ft | |
| 08/12/2022 08/12/22 | For Sale | $429,760 | +218.3% | $469 / Sq Ft | |
| 04/07/2017 04/07/17 | Sold | $135,000 | -8.5% | $162 / Sq Ft | View Prior Sale |
| 03/28/2017 03/28/17 | Pending | -- | -- | -- | |
| 03/25/2017 03/25/17 | For Sale | $147,500 | +18.0% | $177 / Sq Ft | |
| 01/05/2016 01/05/16 | Sold | $125,000 | -3.1% | $150 / Sq Ft | View Prior Sale |
| 11/12/2015 11/12/15 | Pending | -- | -- | -- | |
| 11/12/2015 11/12/15 | For Sale | $129,000 | 0.0% | $155 / Sq Ft | |
| 01/05/2015 01/05/15 | Rented | $950 | 0.0% | -- | |
| 12/06/2014 12/06/14 | Under Contract | -- | -- | -- | |
| 11/13/2014 11/13/14 | For Rent | $950 | +5.6% | -- | |
| 11/30/2013 11/30/13 | Rented | $900 | 0.0% | -- | |
| 11/21/2013 11/21/13 | Under Contract | -- | -- | -- | |
| 11/06/2013 11/06/13 | For Rent | $900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Echelon Title Services | |
| Warranty Deed | -- | Echelon Title Services | |
| Warranty Deed | $135,000 | State Title Partners Llp | |
| Warranty Deed | $125,000 | Alliance Title Insurance Age | |
| Warranty Deed | $165,000 | Security First Title Partner | |
| Warranty Deed | $195,000 | Title Security & Escrow Of C | |
| Warranty Deed | $82,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $255,000 | New Conventional | |
| Closed | $255,000 | New Conventional | |
| Previous Owner | $80,000 | No Value Available | |
| Previous Owner | $66,000 | No Value Available |
Source: BeachesMLS
MLS Number: R11139020
APN: 27-37-21-06-00000.0-0029.00
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