Melbourne Homes under $500,000

Melbourne Homes under $500,000

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Newest Melbourne Homes under $500,000

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
Welcome to 1487 Sherry Lane! House is being sold AS-IS. This charming home offers a great opportunity for a first-time buyer, investor, or anyone looking for a property they can make their own. Ideally situated in a centralized location, this home provides convenient access to shopping, dining, schools, major roadways, and everyday essentials. Inside, you'll find a comfortable layout with plenty of potential to add your own personal touches and create a space that truly feels like home. Step outside to the large, fully fenced backyard, offering plenty of room for pets, outdoor gatherings, gardening, or simply enjoying Florida's beautiful weather. It's the kind of backyard where memories are made, from weekend barbecues to evenings spent with family and friends. The home is being offered AS IS and is available for cash or conventional financing. Whether you're looking for an affordable place to call home or an opportunity to build equity through your own improvements.

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
3677 Whisperwood Circle, Melbourne
$419,990
3 Beds ⋅ 2 Baths ⋅ 1088591 MLS
Welcome to 3677 Whisperwood Circle in Melbourne! This inviting 3-bedroom, 2-bath pool home sits on a 0.22-acre lot with privacy fencing and features a spacious and flexible layout, oversized ceilings throughout, excellent outdoor living, and several major updates. Recent updates include a newer roof, HVAC, and water heater--giving you peace of mind for years to come. Inside, the oversized ceilings create an open and spacious feel throughout the home. You'll find 3 bedrooms plus an additional room that could easily be converted into a 4th bedroom, home office, or flex space. The primary suite features a large walk-in closet and private bathroom with a spacious soaking tub and separate walk-in shower. An attached oversized 2-car garage provides additional parking and storage. Step outside to enjoy a private Florida retreat featuring a screened-in swimming pool, pool house, and outdoor storage shed, all within the fully fenced 0.22-acre lot with privacy fencing. The generous outdoor spa ouse, and outdoor storage shed, all within the fully fenced 0.22-acre lot with privacy fencing. The generous outdoor space provides plenty of room for entertaining, pets, storage, or simply relaxing poolside. Community amenities include a park, playground, gazebo, tennis and pickleball courts, plus boat and RV storage. Conveniently located near shopping, dining, recreation, and just a short drive to the beaches of Florida's Space Coast. With its screened-in pool, 0.22-acre fenced lot, privacy fencing, oversized ceilings, flexible potential 4-bedroom layout, primary walk-in closet, pool house, outdoor shed, updated major systems, oversized 2-car garage, and community amenities, 3677 Whisperwood Circle has plenty of space and features to enjoy.

3677 Whisperwood Circle, Melbourne
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