Melbourne Homes under $500,000

Melbourne Homes under $500,000

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Newest Melbourne Homes under $500,000

588 N Wickham Road Unit 51, Melbourne
$154,900
2 Beds ⋅ 2 Baths ⋅ 1089606 MLS
Discover comfortable, convenient living in this well-maintained 2-bedroom, 2-bathroom home featuring easy, first floor access. Whether you're looking for a place to call home or a promising investment opportunity, this property offers versatility and value. The interior features new vinyl flooring throughout the main living areas, complemented by warm, wood-looking laminate flooring in the bedrooms. The spacious living and dining areas provide a welcoming setting for everyday living and entertaining. Conveniently located just minutes from Melbourne beach and I-95, this home offers easy access to commuting routes and nearby attractions. Don't miss the opportunity to make this property your own or add it to your investment portfolio!

588 N Wickham Road Unit 51, Melbourne
1781 Southland Avenue, Melbourne
$99,999
2 Beds ⋅ 1 Baths ⋅ O6448462 MLS
Fixer Upper. This home has great potential but needs renovations. Tons of equity. This is a great starter home or for someone looking for a quick flip.

1781 Southland Avenue, Melbourne
22 Nina Jean Drive, Melbourne
$249,900
3 Beds ⋅ 2 Baths ⋅ 1089520 MLS
Brand new 2026 doublewide home on an oversized .26 acre homesite in desirable West Melbourne. This beautiful 3 bedroom 2 bath home offers the rare combination of new construction, generous outdoor space, and true property ownership with NO HOA, NOLOT FEES, and NO CDD. Step inside to a bright and spacious open floor plan featuring a center kitchen island, stainless steel appliances, and plenty of room for everyday living and entertaining. The primary suite includes a private bath with dual sinks, while two additional bedrooms provide flexibility for family, guests, or a home office. Quality construction includes 7/16" OSB housewrap rather than Thermo Ply and Florida engineered HUD Wind Zone 2 construction with strapping. The home is served by city water and sewer and also features an irrigation well for maintaining the property. Outside, a paver walkway welcomes you to an attractive raised tiled porch, creating the perfect place to relax and enjoy your new home. The large homesite provides plenty of usable outdoor space and includes a huge 12 by 20 storage shed at the rear of the property. Located in beautiful West Melbourne with convenient access to shopping, dining, schools, employment, entertainment, and everything the Space Coast has to offer. The property is located within a highly regarded school district. Best of all, you own the home and the land, giving you the freedom and flexibility that can be difficult to find with manufactured housing. Everything is new and ready for its first owner. If you have been looking for an affordable brand new home with land, space, modern features, and no monthly community fees, 22 Nina Jean Drive deserves to be at the top of your list. Owner will consider holding the note with 20% down payment.

22 Nina Jean Drive, Melbourne
255 Paradise Boulevard Unit 1, Indialantic
$310,000
2 Beds ⋅ 2 Baths ⋅ 1089499 MLS
Live the Salt Life! Ultimate beachside opportunity, this updated 2-bedroom, 2-bath corner unit with a garage offers an ideal location just a short walk to the beach, Paradise Park with volleyball courts, and popular local restaurants. Enjoy the laid-back beach lifestyle with dining, recreation, and the ocean all close by. Currently occupied by a reliable tenant, making this an excellent opportunity for an investor looking for an income-producing beachside property. Or, make it your own beach paradise when the time is right! The desirable corner-unit location, garage, updates, and low HOA fees add even more value. Whether you're looking for an investment, seasonal getaway, or full-time home, this is a great opportunity to own in a sought-after beachside location.

255 Paradise Boulevard Unit 1, Indialantic
1604 Arnold Drive, Melbourne
$295,000
3 Beds ⋅ 2 Baths ⋅ O6448009 MLS
Updated interiors, a spacious backyard, and NO HOA! Welcome to 1604 Arnold Drive in Melbourne, featuring new flooring, an updated kitchen and bathrooms, and a roof and HVAC system installed in 2021. The kitchen offers white shaker-style cabinetry, contrasting black hardware, generous counter space, recessed lighting, and newer stainless steel appliances. Light-filled living areas provide room to relax and entertain, while a fireplace with a wood-look surround and rustic mantel creates an inviting focal point. The updated bathrooms showcase white vanities, modern fixtures, and marble-look shower tile, including a glass-enclosed walk-in shower. Outside, enjoy a spacious backyard with mature shade trees, lush greenery, and a patio area perfect for outdoor seating and weekend gatherings. A detached shed offers additional storage for tools and gardening supplies. With stylish updates and no HOA, this home is ready for its next chapter. Schedule your showing today!

1604 Arnold Drive, Melbourne
2404 Scenic Drive, Melbourne
$469,900
4 Beds ⋅ 4 Baths ⋅ 1089286 MLS
Large executive pool home across the street from the Crane Creek golf course. Great location near the airport and downtown Melbourne. The 4th bedroom could be used as a formal living room. Move in with a few repairs and new appliances. New roof in 2021.

2404 Scenic Drive, Melbourne
1940 Dawn Drive, Melbourne
$309,990
4 Beds ⋅ 2 Baths ⋅ S5158921 MLS
Beautifully remodeled 4-bed, 2-bath ranch in Melbourne's desirable Eau Gallie area. This 1,756 sq ft home sits on a 0.29-acre lot and features a new shingle roof, impact windows, luxury vinyl plank flooring, and upgraded kitchen and bathrooms with modern fixtures and custom tile. The open floor plan offers abundant natural light. Two driveways provide rare flexibility: drive an RV through to the backyard or park your boat with ease. Enjoy an attached carport, additional parking, screened rear porch, privacy fence, and a spacious backyard storage shed perfect for tools and equipment. Central air and heat, plus public water and sewer. Minutes to Melbourne Orlando International Airport, a short drive to Space Coast beaches, and close to Florida Tech, Eastern Florida State College, shopping, dining, and the Eau Gallie Arts District. Move-in ready!

1940 Dawn Drive, Melbourne
2614 Forest Drive, Melbourne
$389,000
3 Beds ⋅ 2 Baths ⋅ 1089242 MLS
Current owners have lovingly cared for and maintained home since 1971. Set in a quiet Melbourne residential area near Florida Tech and Historic Downtown Melbourne, this property combines a central location in an established neighborhood with an easy commute to schools, shopping, airport, and restaurants. Short distance to beaches and waterways. Recent upgrades and improvements include: New Roof 2021, Carrier AC 2022, Kitchen renovation 2025, Master Bath reno 2020, guest bath reno 2023, cast iron drains replaced with PVC 2023, copper water lines replaced with PEC 2001. Huge circular driveway with attached front carport with ample parking spots. Oversized lot with huge 16 x 32 foot pool, perfect for family fun! A 16 x 23 covered lanai with acrylic windows overlooking pool and backyard is perfect for holiday gatherings! No carpeting, tile and vinyl plank flooring throughout. Call today for private tour.

2614 Forest Drive, Melbourne
1281 Indian Oaks Drive, Melbourne
$385,000
3 Beds ⋅ 2 Baths ⋅ 1089129 MLS
Welcome to Low Maintenance Florida Living in Pine Creek! This inviting 3BD/ 2BA home is tucked away in a gated 55+ community with NO REAR NEIGHBORS! Step inside to an open split floor plan w/ vaulted ceilings, luxury vinyl plank & tile throughout - NO CARPET! The spacious eat-in kitchen features white cabinetry, NEWER stainless steel refrigerator & NEW built-in microwave, while the primary en-suite offers dual sinks & a large walk-in shower. A dedicated laundry room includes a BRAND-NEW washer & dryer plus a utility sink. Relax on the spacious screened paver lanai overlooking lush tropical foliage for a peaceful, private setting. Highlights include IMPACT-RATED WINDOWS & SLIDER & an electric screened garage door. Residents enjoy a clubhouse, fitness room, HEATED pool & spa, plus a variety of social events. HOA dues of $846/qtr include cable, internet, lawn care & exterior painting every 8 years. All in a fantastic location just minutes from shopping, dining, healthcare & the beaches!

1281 Indian Oaks Drive, Melbourne
510 Creston Court, Melbourne
$285,000
3 Beds ⋅ 2 Baths ⋅ O6446786 MLS
Welcome to 510 Creston Court in Melbourne, Florida! Discover the opportunity to make this property your own in a convenient Melbourne location. Whether you're looking for a place to call home or exploring your next real estate investment, this property is ready for you to explore the possibilities. This home features a roof that is approximately one year old and an exterior A/C unit that is also approximately one year old. These recent updates are valuable features for buyers looking for a home with key improvements already completed. Don't miss the opportunity to see all this home has in store for you. Schedule your private showing today!Tenants are currently occupying the home on a month to month lease, so please call me for any showings prior to visiting the property.

510 Creston Court, Melbourne
418 Poinciana Drive, Melbourne
$225,000
3 Beds ⋅ 2 Baths ⋅ 1089115 MLS
Unique dual-living opportunity in the desirable Loveridge Heights neighborhood, complete with a newer roof (2021) and AC (2017)! This versatile 3-bedroom, 2-bathroom property offers incredible flexibility and immediate cash flow, currently tenant-occupied until June 30, 2027. The spacious front home features a 2-bedroom, 1-bathroom layout with a fully equipped kitchen, a large dining room, and a massive family room with abundant storage. Completely separate with its own private exterior entrance and no interior connecting door, the rear 1-bedroom, 1-bathroom addition includes a functional kitchenette—making it the ultimate future Mother-in-Law suite, guest house, or private retreat. Situated on a super-large, fully fenced lot perfect for outdoor activities, this investment gem combines privacy with an unbeatable coastal lifestyle where you can walk to nearby fishing, boating, and swimming while remaining close to shopping and dining.

418 Poinciana Drive, Melbourne
1601 Norman Drive, Melbourne
$270,000
3 Beds ⋅ 2 Baths ⋅ 1089085 MLS
Welcome home to this centrally located 3-bedroom, 1.5-bath home in Melbourne! Conveniently situated near shopping, Melbourne Orlando International Airport, and with easy access to US-192 and US-1, this home puts everything you need within reach. The home also offers wheelchair accessibility for added convenience. Inside, you'll find two spacious living areas—perfect for entertaining, relaxing, or creating a flexible bonus space—along with a large dining area. A 1-car garage, ample driveway parking, and a storage shed provide plenty of room for vehicles, tools, and more. Additional highlights include a metal roof installed in 2019 and an A/C system from 2016. Come see all the space, convenience, and potential this Melbourne home has to offer!

1601 Norman Drive, Melbourne
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