1 / 31
For SaleLand / Lot
$550K
409 Roxy Avenue, Melbourne, FL 32901
University Park neighborhood
Subdivision: Meyers Add To Melbourne Resubd
0
Bathrooms

About This Property

Description from listing agent

Rare opportunity for a 1/2 acre, waterfront homesite, just a short walk to all of the cool restaurants, shops, nightlife, etc. of historic downtown Melbourne and just minutes to our beautiful beaches, airport, great schools, medical facilities and everything else our thriving area offers now! Crane Creek is navigable to the Indian River and you'd enjoy a front row seat daily to an incredible assortment of wildlife that make that waterway their home, such as manatees, dolphins, a variety of egrets, turkeys, Osprey &more ! There was an old house recently taken down on the site, so it is cleared and ready to go & shouldn't be any impact fees, since it was previously developed. Tucked away in a quiet neighborhood off the main road & no HOA makes this a very special spot to call home !

Space Coast Context

🚀 Launch Viewing — Good Views

33.7 mi from SLC-40

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

Aerospace Commute Guide
L3Harris2.1 mi~5 min
Northrop3.7 mi~8 min
Blue Origin27.7 mi~1h 2m
SpaceX28.9 mi~1h 4m
Lockheed28.9 mi~1h 4m
Boeing/KSC30.8 mi~1h 9m
KSC31.3 mi~1h 10m

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 10/5/23
    Listed
    $550K

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
0.51 acres (22,216 sqft)
Waterfront
Crane Creek
Days on Market
1011
MLS Area
330 - Melbourne - Central

Schools

Elementary

University Park

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Oct 6, 2023
Parcel #
28-37-03-54-00000.0-0137.00
$550K

Listing Agent (for property info)

D
David Settgast
One Sotheby's International
321-543-1187
Call Listing Agent

Estimated Monthly Payment

$3,598/mo
Principal & interest
$2,898
Property taxes
$550
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $550K price — down payment shown: $110,000.

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# 977071

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Equal Housing Opportunity

MLS# 977071 · Listing Broker: One Sotheby's International · 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.