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.
For sale
$650,000
511 E Melbourne Ave, Melbourne, FL 32901
5beds
1,886sqft
Single Family Residence
Built in 1954
0.61 Acres Lot
$619,000 Zestimate®
$345/sqft
$-- HOA
What's special
Mature treesExpansive water views
- 33 days
- 809
- 50
Zillow last checked:
Listing updated:
Listed by:
Jon Feshan 407-712-2000,
Home Wise Realty Group, Inc.
Source: Space Coast AOR,MLS#: 1087368
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Family room
- Level: First
- Area: 256
- Dimensions: 16.00 x 16.00
Kitchen
- Level: First
- Area: 100
- Dimensions: 10.00 x 10.00
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Disposal, Electric Water Heater, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Eat-in Kitchen
- Flooring: Vinyl, Wood, Other
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 1,886 sqft
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Detached Carport, Garage Door Opener
- Garage spaces: 2
Features
- Stories: 1
- On waterfront: Yes
- Waterfront features: Canal Front, Creek
- Body of water: Crane Creek
Lot
- Size: 0.61 Acres
- Features: Other
Details
- Additional structures: Other
- Additional parcels included: 2818183
- Parcel number: 2837037600003.00003.01
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Block, Concrete
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available, Water Connected
Community & HOA
Community
- Subdivision: Hallwood Place
HOA
- Has HOA: No
Location
- Region: Melbourne
Financial & listing details
- Price per square foot: $345/sqft
- Tax assessed value: $403,590
- Annual tax amount: $6,898
- Date on market: 9/11/2026
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
$619,000
$588,000 - $650,000
$2,579/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Listed for sale | $650,000+15%$345/sqft |
Source: Space Coast AOR #1087368 Report a problem | ||
| 3/5/2025 | Sold | $565,000-7.2%$300/sqft |
Source: Space Coast AOR #1020377 Report a problem | ||
| 2/19/2025 | Pending sale | $609,000$323/sqft |
Source: Space Coast AOR #1020377 Report a problem | ||
| 1/24/2025 | Listed for sale | $609,000$323/sqft |
Source: Space Coast AOR #1020377 Report a problem | ||
| 12/13/2024 | Pending sale | $609,000$323/sqft |
Source: Space Coast AOR #1020377 Report a problem | ||
| 12/3/2024 | Price change | $609,000-6.2%$323/sqft |
Source: Space Coast AOR #1020377 Report a problem | ||
| 11/7/2024 | Listed for sale | $649,000$344/sqft |
Source: Space Coast AOR #1020377 Report a problem | ||
| 10/28/2024 | Pending sale | $649,000$344/sqft |
Source: Space Coast AOR #1020377 Report a problem | ||
| 10/11/2024 | Price change | $649,000-7.2%$344/sqft |
Source: Space Coast AOR #1020377 Report a problem | ||
| 7/24/2024 | Listed for sale | $699,000-12.5%$371/sqft |
Source: Space Coast AOR #1020377 Report a problem | ||
| 7/18/2024 | Listing removed | -- |
Source:  St Augustine St Johns County BOR #SC970177 Report a problem | ||
| 3/19/2024 | Price change | $799,000-5.9%$424/sqft |
Source: Space Coast AOR #970177 Report a problem | ||
| 7/22/2023 | Listed for sale | $849,000$450/sqft |
Source: Space Coast AOR #970177 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,112 +13.9% | $403,590 +13.4% |
| 2024 | $6,247 -0.1% | $355,810 +1.1% |
| 2023 | $6,254 +326.5% | $351,960 +167.6% |
| 2022 | $1,466 +0.5% | $131,520 +3% |
| 2021 | $1,460 +2% | $127,690 +1.4% |
| 2020 | $1,432 +0.2% | $125,930 +2.3% |
| 2019 | $1,428 | $123,100 +1.9% |
| 2018 | $1,428 +1.1% | $120,810 +2.1% |
| 2017 | $1,412 +1.1% | $118,330 -0.4% |
| 2016 | $1,398 -1.7% | $118,780 |
| 2015 | $1,421 +0.8% | $118,780 +4% |
| 2014 | $1,410 | $114,190 -36.9% |
| 2013 | -- | $180,930 +5.4% |
| 2012 | $1,536 +4.7% | $171,610 -0.8% |
| 2011 | $1,468 +12.4% | $173,070 -12.6% |
| 2010 | $1,306 +11.3% | $198,060 -13.5% |
| 2009 | $1,173 +2.6% | $228,850 +7.1% |
| 2008 | $1,143 -12.7% | $213,700 -11% |
| 2007 | $1,309 +1.8% | $240,000 -0.6% |
| 2005 | $1,286 -1.1% | $241,510 +29.5% |
| 2004 | $1,301 -0.7% | $186,500 +40.8% |
| 2003 | $1,310 +4.7% | $132,440 +6.4% |
| 2002 | $1,251 +3% | $124,420 +18.4% |
| 2001 | $1,214 +13.3% | $105,070 +20.6% |
| 2000 | $1,072 | $87,130 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32901
Nearby schools
Schools provided by the listing agent
- Elementary: University Park
- Middle: Hoover
- High: Melbourne
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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