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For SaleSingle Family Home
$650K
640 Old Oak Street, Melbourne, FL 32935
Croton Road Area neighborhood
Subdivision: None
4
Bedrooms
2
Bathrooms
1,636
Sq Ft
1928
Year Built
$397 /sqft

About This Property

Description from listing agent

Charming Cottage in Eau Gallie Arts District Discover the charm and character of this inviting cottage in the heart of the Eau Gallie Arts District, where restaurants, art galleries, boutiques, and the scenic riverfront are just a short walk away. Enjoy the gentle river breeze from the backyard and a quick 15-minute drive to the ocean. Set along a charming, shaded street, this beautifully maintained home offers 4 bedrooms and 2 full bathrooms, with a flexible layout ideal for a residence, guest accommodations, or an in-home business. The addition includes 2 bedrooms with a private entrance, providing excellent potential for multigenerational living, rental income, or a separate guest suite. Inside, you'll find original wood floors, remodeled bathrooms, classic moldings, and timeless character throughout. A welcoming front porch adds to the home's curb appeal, while the Chicago brick entry brings an extra touch of historic charm. The property is being offered with a vacant lot .

Space Coast Context

🚀 Launch Viewing — Good Views

30.1 mi from SLC-40

30.1 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
Northrop0.1 mi~0 min
L3Harris2.1 mi~5 min
Blue Origin24.3 mi~54 min
SpaceX25.3 mi~56 min
Lockheed25.3 mi~56 min
Boeing/KSC27 mi~1h
KSC27.5 mi~1h 1m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / 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

Date
Event
Price
  • 8/19/26
    Price change
    $650K +21.5%
    $397/sqft
  • 8/13/26
    Listed
    $535K
    $327/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.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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.

Additional Details

Lot Size
0.15 acres (6,534 sqft)
Full Baths
2
Days on Market
13
MLS Area
323 - Eau Gallie

Schools

Middle School

Johnson

Financial & Listing Details

Listed
Aug 13, 2026
Parcel #
27-37-21-07-0000d.0-0006.00
$650K

Listing Agent (for property info)

M
Margret Cornell
Cornell Real Estate
321-288-3014
Call Listing Agent

Estimated Monthly Payment

$4,225/mo
Principal & interest
$3,425
Property taxes
$650
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $650K price — down payment shown: $130,000.

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.

MLS# 1084961

What's Nearby

restaurants
Island Root Kava Bar Egad
0.1 mi away
coffee shops
Island Root Kava Bar Egad
0.1 mi away
restaurants
Subway
0.1 mi away
restaurants
Anaya Coffee
0.1 mi away
coffee shops
Anaya Coffee
0.1 mi away
home improvement
Ace Hardware
0.1 mi away
restaurants
Starbucks
0.1 mi away
coffee shops
Starbucks
0.1 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084961 · Listing Broker: Cornell Real Estate · 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. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.