




5 Beds
2 Baths
1,886 sqft
$650,000
511 E Melbourne Avenue E, Melbourne FL, 32901
Price per sqft$344.64
Built in1954
Property size1,886 sqft
Property typeResidential
Overview
Active
Listed Sep 11, 2026
Updated 7 days ago
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.
$4,324/mo
Est. mortgage payment based on a $650,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 1087368
Interior Features
- Bedrooms
- 5
- Bathrooms
- 2
- Fireplace
- Yes
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.61 Acres
Other Property Details
- Taxes
- $6,899
- Tax Frequency
- Annually
- Garage
- Yes
- Waterfront
- Yes
- 55+/Senior Community
- No
Courtesy of Home Wise Realty Group, Inc., Jon Feshan,
Listing Contact: 407-712-2000
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Crystal Canina shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2026 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.