511 E Melbourne Avenue
Melbourne, FL 32901
5
Bed
2
Bath
1,886Sqft
0.61Acre(Lot)
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 vis
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 5Bathroom Information
Total Baths: 2 Full Baths: 2Water/Sewer
Water BodyName: Crane Creek Sewer: Public SewerRoom Information
Other Rooms: 2 -
Flooring Information
Vinyl, Wood, Other -
Roofing Information
Shingle -
Interior Features
Eat-in Kitchen Roof: Shingle Appliances: Disposal, Electric Water Heater, Refrigerator Laundry Features: Electric Dryer Hookup, Washer Hookup -
Heating & Cooling
Heating: Central Cooling: Central Air Water front: Yes WaterSource: Public -
Fireplace
Fireplace: Yes
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Building Information
Year Built: 1954 Construction Materials: Block, Concrete Roof: Shingle -
Road Types
AsphaltCity Street -
Laundry Features
Electric Dryer Hookup, Washer Hookup
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Lot Information
Lot Description: Other Lot Size Area: 0.61 Acres Lot Square Feet: 26,572 Waterfront: Canal Front, Creek Stories: 1 Main Square Feet: 1886Property Information
Property Type: Residential Sub Type: Single Family Residence Style: Craftsman, Historic SQ ft (Living Area): 1,886 Subdivision: Hallwood Place MLS Area Minor: 330 - Melbourne - Central Source Neighborhood: Hallwood Place Construction Materials: Block, Concrete Property Age: 72
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Listing Price Information
Listing Id: 1087368 ist Price: $650,000 List Price Tot SqFt: $345 Listing Terms Cash, Conventional -
Listing Information
Possession: Other
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Tax Information
Parcel Number: 28-37-03-76-00003.0-0003.01 Annual Tax: $6,899 Tax Year: 2025 Taxes: HALLWOOD PLACE W 61.6 FT OF LOT 3 BLK 3
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Parking Information
# of Garage Spaces: 2 Has Garage: Yes Additional Parking, Detached Carport, Garage Door Opener
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School Information
Elementary School: University ParkElementary School District:Junior High School: HooverSenior High School: Melbourne -
Utility Information
Cable Available, Electricity Available, Sewer Available, Water Available, Water Connected -
Location Information
Direction: From A1A take Fifth Ave to E New Haven Ave, then Front Street to E Melbourne Ave.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3390 Areca Palm Avenue, Melbourne, FL, 32901 | $379,000 | 3 | 2 | 1,884 | -- |
| 1125 Gainey Drive, Melbourne, FL, 32901 | $375,000 | 6 | 4 | 2,205 | 0.14 Acre |
| 2521 Pond Street, Melbourne, FL, 32901 | $225,000 | 6 | 4 | 2,132 | 0.22 Acre |
| 4111 Bahama Avenue, Melbourne, FL, 32901 | $255,000 | 3 | 2 | 1,024 | 0.14 Acre |
| 3656 Mount Carmel Lane, Melbourne, FL, 32901 | $295,000 | 3 | 2 | 1,706 | 0.14 Acre |
| 2517 Lipscomb Street, Melbourne, FL, 32901 | $258,900 | 2 | 2 | 1,008 | 0.48 Acre |
| 3731 Largo Drive, Melbourne, FL, 32901 | $375,000 | 5 | 3 | 2,298 | 0.13 Acre |
| 815 Juniper Lane, Melbourne, FL, 32901 | $238,888 | 3 | 2 | 1,370 | 0.16 Acre |
| 907 E Melbourne Avenue, Melbourne, FL, 32901 | $1,595,000 | 7 | 7 | 3,486 | 0.31 Acre |
| 3510 Applin Way, Melbourne, FL, 32901 | $110,000 | 4 | 2 | 1,166 | 0.15 Acre |
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ByOwner last updated this listing 09/21/2026 @ 03:03
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