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For SaleSingle Family Home
$239K
1498 Birch Street, Melbourne, FL 32935
Bowe Gardens neighborhood
Subdivision: Greentree Park 1st Addn To
3
Bedrooms
2
Bathrooms
1,342
Sq Ft
1966
Year Built
$178 /sqft

About This Property

Description from listing agent

AS IS! Tucked in a quiet Melbourne neighborhood, this 3/2 vintage home is the ultimate find for first-time buyers looking to build equity or investors seeking a high-yield addition to their portfolio. Roof (2026); Water Heater(2017); AC(2018), . Use your creative mind to bring this home to modern day. This home is priced so you can make those updates without over budgeting. Outside to a spacious, screened-in patio perfect for enjoying the Florida breeze without the bugs. The oversized backyard features a sturdy storage shed and plenty of room with a wooden deck where the pool once was. You're just minutes away from everything that makes Melbourne a top destination: Arts & Culture: Eau Gallie Arts District; Outdoor Fun: Ballard Park & beaches; Convenience: top-tier medical facilities, shopping, Melbourne Airport, schools & Historic Downtown Melbourne.

Space Coast Context

🚀 Launch Viewing — Good Views

30.8 mi from SLC-40

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

Aerospace Commute Guide
Northrop1.2 mi~3 min
L3Harris1.6 mi~4 min
Blue Origin25.1 mi~56 min
SpaceX26 mi~58 min
Lockheed26.1 mi~58 min
Boeing/KSC27.6 mi~1h 2m
KSC28 mi~1h 2m

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
  • 6/14/26
    Price change
    $239K -4.0%
    $178/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

Based on 11 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
8.1% below market
Median comparable close price: $260,000
Typical Offer Discount
98.1% of list price
At that rate, a competitive offer ≈ $234,491
Price Reductions
1 reduction
Originally listed at $239,000 · Cut $10,000 total
See & adjust the 11 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

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
0.17 acres (7,405 sqft)
Full Baths
2
Garage
1 car (attached)
Days on Market
112
MLS Area
323 - Eau Gallie

Schools

Elementary

Harbor City

Middle School

Hoover

High School

Eau Gallie

Financial & Listing Details

Listed
May 8, 2026
Parcel #
27-37-20-75-0000m.0-0011.00
$239K

Listing Agent (for property info)

R
Ron K Johnson
Avanti Way Realty LLC
321-626-3737
Call Listing Agent

Estimated Monthly Payment

$1,648/mo
Principal & interest
$1,259
Property taxes
$239
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $239K price — down payment shown: $47,800.

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.

MLS# 1076816

What's Nearby

government
Brevard County Supervisor of Elections
0.0 mi away
schools
Harbor City Elementary School
0.2 mi away
restaurants
McDonald's
0.3 mi away
police
Melbourne Police Department
0.4 mi away
shopping
Farm Stores Express
0.7 mi away
restaurants
Indian River Coffee
0.7 mi away
coffee shops
Indian River Coffee
0.7 mi away
government
National Weather Service - Melbourne, FL
0.8 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1076816 · Listing Broker: Avanti Way Realty LLC · 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.