Melbourne Homes under $700,000

Melbourne Homes under $700,000

Welcome to Melbourne, Florida – a vibrant coastal city that perfectly blends the charm of small-town living with the excitement of urban amenities. Nestled in Brevard County along the stunning Space Coast, Melbourne boasts a rich cultural heritage, beautiful beaches, and a thriving community spirit. With its warm climate and picturesque surroundings, it’s no wonder that many are drawn to this enchanting locale.

For homebuyers seeking affordability without sacrificing quality, Melbourne offers an impressive selection of homes priced under $700,000. Whether you’re a first-time buyer, a growing family, or looking for a retirement retreat, you’ll find a diverse array of properties to suit your needs. From cozy single-family homes with lush backyards to modern townhouses with community amenities, the options are plentiful.

Living in Melbourne means enjoying a lifestyle filled with outdoor adventures, including access to pristine beaches, lush parks, and scenic waterways. The nearby Indian River Lagoon is perfect for kayaking, fishing, and exploring nature. Plus, with a vibrant downtown area featuring eclectic shops, delicious dining options, and a bustling arts scene, there’s always something to do.

Education is also a priority in Melbourne, with highly-rated schools and a variety of educational institutions, making it an ideal place for families. Don’t miss the opportunity to explore this charming city and discover your dream home in Melbourne, where coastal living meets community warmth and affordability. Embrace the lifestyle you’ve always wanted, all within reach!

Newest Melbourne Homes under $700,000

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
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
4018 Marlberry Lane, Melbourne
$270,000
3 Beds ⋅ 2 Baths ⋅ 1089055 MLS
Welcome to this fully renovated 3-bedroom, 2-bath home featuring a bright, open-concept layout perfect for comfortable living and entertaining. Freshly painted and thoughtfully updated with new flooring, countertops, appliances, water heater, and bathrooms, this home is move-in ready. Enjoy a spacious screened patio, backyard with plenty of room to relax, entertain, or create your own outdoor oasis. Community amenities include a sparkling pool and tennis courts. Conveniently located near schools, Florida Institute of Technology, shopping, dining, and more. A wonderful opportunity to enjoy a stylish, updated home in a convenient location

4018 Marlberry Lane, Melbourne
1487 Sherry Lane, Melbourne
$155,000
3 Beds ⋅ 1 Baths ⋅ 1088941 MLS
Highest and Best Offers Due Sunday, 4 Oct at 5:00 PM. Welcome to 1487 Sherry Lane. This home is being sold AS IS and offers a great opportunity for a first-time buyer, investor, or buyer looking to add their own personal touches. Conveniently located near shopping, dining, schools, major roadways, and everyday essentials. The home features a functional layout with plenty of potential, along with a large, fully fenced backyard ideal for pets, entertaining, gardening, or outdoor enjoyment. Property is available for cash or conventional financing. Bring your vision and make this home your own. Seller is requesting Highest and Best Offers by 5:00 PM Sunday, 4 October.

1487 Sherry Lane, Melbourne
3745 Astral Road, Melbourne
$384,860
4 Beds ⋅ 3 Baths ⋅ 1088853 MLS
This new two-bedroom home offers a thoughtful separation between the living and resting areas. On the first floor, a stylish kitchen shares an open layout with the nearby living and dining spaces, while a patio offers year-round outdoor experiences. All four bedrooms boast a private location on the second floor, including the generous owner's suite with a private bathroom and walk-in closet. A versatile loft provides a convenient space for entertainment and recreation on the upper level. Prices, dimensions and features may vary and are subject to change. Photos are for illustrative purposes only.

3745 Astral Road, Melbourne
3970 Dewberry Circle, Melbourne
$199,900
2 Beds ⋅ 2 Baths ⋅ 1088830 MLS
WELCOME HOME to Bayberry Estates! This cute cement block home offers affordable Florida living in a convenient location close to shopping, dining, golf, I-95, and just 12 minutes from the beach. The open floor plan features 2 bedrooms, 2 bathrooms, a 1-car garage, vaulted ceilings, and tile flooring throughout. Both bedrooms include walk-in closets, while the primary bath features a walk-in shower. The guest bath offers generous vanity space, a linen closet, and tub/shower combination. Upgrades include a newer 14.3 SEER Trane heat pump HVAC (2025), water heater (2022), and many impact-rated windows. Relax on the screened porch overlooking the large backyard. A long driveway provides plenty of parking. Low HOA fees include access to the community pool, tennis court, and common-area maintenance, with sidewalks throughout the neighborhood. Enjoy affordable Florida living at its BEST!

3970 Dewberry Circle, Melbourne
3551 D Avinci Way Unit 3037, Melbourne
$150,000
2 Beds ⋅ 2 Baths ⋅ 1088795 MLS
Well-maintained top-floor 2-bedroom, 2-bath condo overlooking the pond and park. The interior was updated in 2025, which includes new vinyl plank flooring and baseboards, freshly painted interior, new ceiling light fixtures and fans, new kitchen sink and plumbing, and new dishwasher. The unit also features a stackable washer/dryer, ample storage, private storage room, and a private balcony with a beautiful water view. Water and sewer are included. Community amenities include a sparkling pool, clubhouse, recreation court, and 24-hour fitness center. Conveniently located just minutes from Florida Tech, downtown Melbourne, shopping, dining, Harris, and Northrop Grumman. Close to grocery stores and everyday conveniences. This condo offers comfortable living in a convenient location and can be a great option for a primary residence, second home, student, professional, or investment property.

3551 D Avinci Way Unit 3037, Melbourne
3123 Forest Creek Drive, Melbourne
$474,900
3 Beds ⋅ 2 Baths ⋅ 1088780 MLS
Immaculate home in a desirable gated community, offering exceptional quality. Open floor plan features, great room, dining room, breakfast bar and nook. Tile flooring, 12 ft. ceilings w/ solar tubes to let in natural light. Kitchen features custom cherry cabinetry, granite countertops and soft close drawers. The split bedroom layout offers privacy, while the office boasts a custom cherry built-in desk and cabinets. An enclosed sunroom overlooks the beautifully landscaped, fully fenced yard. Brick pavers enhance both the rear and front of the home. complemented by impact windows and doors throughout. The spacious primary suite features a luxurious large walk in shower,double sinks, granite counters and a private water closet. Laundry room with built in sink and cabinets, ironing board and drip dry rack! Immaculate garage with rubber flooring and storage racks. Roof is 8 years new! This is a beautiful home!!! Impact doors and windows!

3123 Forest Creek Drive, Melbourne
218 E Fee Avenue, Melbourne
$238,000
2 Beds ⋅ 1 Baths ⋅ 1088734 MLS
Welcome home to 218 East Fee Avenue (A DOUBLE LOT)! This charming 2-bedroom, 1-bathroom single-family residence is situated on a spacious, fully fenced 0.29-acre lot in the heart of Melbourne. Featuring an open floor plan with functional living space, ceiling fans, a covered carport, and a private screened porch, this home offers comfort and everyday convenience. The deep, oversized lot provides room for outdoor entertaining, garden space, or RV/boat storage. Positioned in an unbeatable location—just two blocks from Holmes Regional Medical Center, under a mile from vibrant Historic Downtown Melbourne, and a short 3.5-mile drive across the causeway to Atlantic Ocean beaches—this property presents an extraordinary opportunity for first-time buyers, healthcare professionals, or investors seeking steady rental potential. Seller has and will include new, uninstalled replacement windows for the front porch at no extra cost if desired by the buyer.

218 E Fee Avenue, Melbourne
270 Lake In The Woods Drive, Melbourne
$269,500
2 Beds ⋅ 2 Baths ⋅ 1088594 MLS
Beautiful Condo located in The Gables at Lake in the Woods. Townhouse style with fully updated interior. Large kitchen cabinets, granite countertops, stainless steel appliances, and rock backdrop makes a statement kitchen. Bathrooms both fully updated with bowl style sink, and walk in showers. Fully enclosed glass room with French doors and plenty of natural lighting throughout. The exterior of the home has a screen porch and private single garage. Extra storage space located in the attic. Interior AC handler newer, Refrigerator newer, Washer/dryer Newer. This home is a must see!

270 Lake In The Woods Drive, Melbourne
3650 Meadowlark Way, Melbourne
$689,000
5 Beds ⋅ 3 Baths ⋅ 1088592 MLS
Welcome to 3650 Meadowlark Way, a stunning custom-built home located in the highly desirable Carriage Gate community of Melbourne. Situated on an expansive half-acre lot, this exceptional property offers the perfect combination of privacy, space, and elegant living, surrounded by mature landscaping and a tranquil wooded backdrop. Step inside and be greeted by dramatic 12 ft. ceilings as well as elegant wood look flooring throughout the entire home (no carpet) and an open, airy floor plan designed for both comfortable everyday living and effortless entertaining. The spacious formal living and dining rooms provide an elegant setting for gatherings, while large windows fill the home with natural light. The well-appointed kitchen is the heart of the home, featuring beautiful 42-inch white cabinetry with crown molding, high end granite surfaces with custom designed backsplash, stainless steel appliances, a convenient breakfast bar, pantry, and a sunny breakfast nook perfect for casual dining. The open layout seamlessly connects the kitchen to the main living areas, creating an inviting atmosphere for family and friends. Retreat to the spacious primary suite, complete with sliding glass doors overlooking the private wooded setting. The luxurious primary bathroom offers dual vanities, separate his-and-her closets, a tiled walk-in shower, and a relaxing soaking tub, creating a true owner's retreat. With four additional bedrooms, this home provides plenty of flexible space for family, guests, home offices, fitness rooms, or hobbies. The thoughtful layout offers room for everyone while maintaining privacy and comfort throughout. Step outside to the screened porch, outdoor paver patio with custom built fireplace and enjoy peaceful mornings or relaxing evenings overlooking the large backyard and serene wooded surroundings. The oversized half-acre lot provides ample space for outdoor activities, gardening, or future customization while maintaining exceptional privacy. Additional features include a spacious three-car garage, abundant storage, and a low HOA fee of approximately $50 per month, new a/c 2020, new roof 2023, new irrigation pump 2024. Conveniently located near top-rated schools, shopping, dining, parks, golf courses, and major roadways, this home offers easy access to everything Melbourne and Florida's Space Coast have to offer. Nearby activities include beautiful Atlantic beaches, boating, fishing, kayaking, nature preserves, Brevard Zoo, championship golf courses, and the area's renowned aerospace and technology corridor. Don't miss this rare opportunity to own a custom-built home on a private half-acre lot in one of Melbourne's most desirable communities. Schedule your private showing today!

3650 Meadowlark Way, Melbourne
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