202 Shannon Avenue, Melbourne Beach, FL 32951

$516,000
3
BD
2
BA
1,256
SqFt

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Sold Price
$516,000
List Price
$499,900
Closing Date
Sep 23, 2026
MLS#
1086848
Type
Single Family Residential
Bedrooms
3
Bathrooms
2
Living Area
1,256
Lot Size
13,068
Subdivision
Island Shores Of Melbourne Beach
Year Built
1957

Property Description

Rare Melbourne Bch opportunity under $500K! Priced as-is for an investor to restore it's 'Old Florida' charm OR a tear-down/new build (like the new home building next door!) 3/2/2 Block Home, Unbeatable LOCATION, this 1/3 acre corner lot-1.5 miles south of US192 sits in one the most desirable pockets on the barrier island. There are $1M -$5M homes in all directions of this little gem. 4-block walk to the glorious beaches of Brevard. Drive your golf cart to local favorites: Rykman, Ocean Ave or Orlando parks - Melb Bch pier for the sunset OR the BEST DINING in the county! Local library, pharmacy, markets, public tennis, pickleball, basketball courts & county golfing is close by. Need more incentive? 1) ZONED FOR A-RATED SCHOOLS 2) NO HOA 3) NO CDD 4) NOT IN A FLOOD ZONE 5) CITY WATER/SEWER 6) THIS AREA ALLOWS AIRBNBs. 7)BOAT/RV CAN BE PARKED ON PROPERTY HIDDEN BEHIND FENCE 8) PUBLIC BOAT RAMP/LAUNCH IS FIVE MINS SOUTH 9) CATCH ROCKET LAUNCHES FROM YOUR YARD 10) TWO WORDS-MELBOURNE BEACH

Additional Information

Exterior Construction
Block
Style
Ranch
Interior Features
Ceiling Fan(s), Eat-in Kitchen
Appliances
Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
Roof
Shingle
High School
Melbourne
Middle School
Hoover
Elementary School
Gemini
Utilities
Cable Available, Sewer Connected, Water Connected
Floor
Wood
Heating
Central, Electric
Cooling
Central Air, Electric

Listing courtesy of RE/MAX Alternative Realty. Selling Office: RE/MAX Alternative Realty.

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