511 E Melbourne Avenue E
Melbourne, FL, 32901
$650,000
13 photos— tap any to expand
- Price / sqft
- $345
- On the market
- 45 days
- Year built
- 1954
- Lot
- 0.61 acres
- Waterfront
- Yes
About this home
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.
Features
The details
- Type
- Residential
- Year built
- 1954
- Living area
- 1,886 sqft
- Lot size
- 0.61 acres
- Garage
- 2 spaces
- Subdivision
- Hallwood Place
- County
- Brevard
- Sewer
- Public Sewer
- Water
- Public
- Waterfront
- Yes
- Schools
- University Park · Hoover · Melbourne
- MLS #
- 1087368
Listing courtesy of Jon Feshan, Home Wise Realty Group, Inc..
Listing information provided by the Space Coast Association of REALTORS® IDX program (source: Space Coast MLS (Space Coast Association of REALTORS®)). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS. Last updated Sep 24, 2026, 1:09 PM.
More homes in Melbourne
Priced $487,500–$812,500, newest first.
Active$749,000
60 photos
1208 E River Drive E 401
Melbourne, FL 32901 · Captains Cove of Melbourne Condo
Updated Oct 26, 2026
Active$499,999
50 photos
1345 Bonaventure Drive
Melbourne, FL 32940 · None
Updated Oct 26, 2026
Active$580,000
24 photos
2595 Summer Brook Street
Melbourne, FL 32940 · Summer Brook Section 2
Updated Oct 26, 2026
Active$749,900
74 photos
4500 Canard Road
Melbourne, FL 32934 · Windover Farms of Melbourne PUD Phase 04 Unit 02
Updated Oct 25, 2026
Active$624,900
62 photos
427 Kimberly Drive
Melbourne, FL 32940 · Suntree Lakes Ph II
Updated Oct 23, 2026
Active$549,000
58 photos
3482 Carambola Circle
Melbourne, FL 32940 · Heritage Isle PUD Phase 2 Plat of A Portion of
Updated Oct 23, 2026
Listing information provided by the Space Coast Association of REALTORS® IDX program. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.