About This Property
Description from listing agentAffordable oceanfront opportunities are almost impossible to find - until now. Welcome to the lowest priced oceanfront home in Melbourne beach. This charming coastal retreat offers 2,041 square feet of living space with 2 bedrooms, 2 bathrooms and breathtaking views of the Atlantic Ocean. Built in 1976 this home is full of potential and is ready for your personal touch. With a little TLC it could become the perfect full-time residence, weekend getaway or investment property. Enjoy direct beach access, spectacular sunrises, and the relaxed lifestyle that only oceanfront living can provide. Whether you're looking for your first beach house or searching for an opportunity to create your dream oceanfront escape, this is your chance to a slice of paradise at an exceptional value.
Space Coast Context
🚀 Launch Viewing — Fair Views
43.3 mi from SLC-40
43.3 miles from SLC-40 — visible as a bright streak in good conditions.
Estimates only — verify with Google Maps.
Flood Risk
High-velocity coastal zone with wave action. Strictest building requirements and highest insurance costs.
Estimated flood insurance: $4,000 – $12,000+ / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Price History
- 7/15/26Listed$1.7M$832/sqft
Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.
Offer Intelligence
Price history and market context for this listing.
How we match comps
Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:
- ✓Same property type, always (single family, condo, townhouse, etc.)
- ✓Single-story homes compared only to single-story (and multi to multi)
- ✓Exact bedroom count
- ✓Bathrooms within ±0.5
- ✓Garage spaces within ±1
- ✓Pool status must match
- ✓Waterfront status must match
- ✓HOA must match (HOA community vs. no HOA)
- ✓Price within ±5–20% of list price (tightest in early tiers)
- ✓Square footage within ±10–25% (tighter in early tiers)
- ✓Year built always within ±5–20 years (never dropped)
We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.
Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.
Location
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Schools
Elementary
Gemini
Middle School
Hoover
High School
Melbourne
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $8,952
- Property taxes
- $1,699
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $1.7M price — down payment shown: $339,800.
This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.
