907 E Melbourne Ave, Melbourne, FL, 32901
About This Home
Historic Waterfront Property with Flexible Use Don't miss this rare opportunity to own a one-of-a-kind 7-bedroom, 7-bath historic waterfront property in downtown Melbourne. Enjoy peaceful natural surroundings, frequent wildlife sightings, and beautiful views from the 100-foot boardwalk along Crane Creek, all just moments from downtown restaurants, shops, and entertainment. The property features a heated pool, inviting outdoor spaces, and a versatile layout ideal for a private residence, multigenerational living, retreat space, vacation rental, or owner-occupant income property. Each bedroom offers comfort and privacy, creating exceptional flexibility for guests, extended family, or rental use. With historic charm, proven income history, scenic waterfront views, and a prime downtown location, this is a truly unique Space Coast opportunity.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1925
Materials
- Roof: Shingle
- Construction materials: Block,Concrete,Frame,Vinyl Siding,Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Electric Range,Electric Water Heater,Gas Oven,Gas Range,Ice Maker,Microwave,Refrigerator,Washer,Water Softener Owned
- Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 7
Features
- Ceiling Fan(s),Guest Suite,Pantry,Split Bedrooms,Walk-In Closet(s)
- Flooring: Tile,Vinyl,Wood
- Number of fireplaces: 1
- Fireplace features: Other
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Natural Gas
- Cooling features: Central Air,Electric,Multi Units
Interior Area
- Total interior livable area: 3,486 sqft
Property
Details
- Parcel number: 283703Fc00027.00003.00
- Special condition: Standard
Features
- Levels: Multi/Split
- Stories: 3
- Private pool: Yes
- Pool features: Gas Heat,Heated,In Ground
- Patio & porch: Covered,Deck,Front Porch,Rear Porch,Screened,Side Porch
- Exterior features: Balcony
- Fencing: Fenced,Vinyl,Wood
- Has view: Yes
- View description: Creek/Stream,Pool,Water
- Has water view: Yes
- Water view: Creek/Stream,Water
- On waterfront: Yes
- Waterfront features: Creek
- Waterbody name: Crane Creek
Lot
- Lot size: 0.31 Acres
- Features: Historic Area
Parking
- Parking features: Circular Driveway,Shared Driveway
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Coastal Flooding
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Brevard County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,065 | $96,780 |
| Home Insurance * | $1,797 | $21,564 |
| Property Taxes | $903 | $10,836 |
| Electricity | $350 | $4,209 |
| Total | $11,115 | $133,380 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-06 | Listed for sale | $1,595,000 |
| 2024-09-16 | Listing removed | $1,599,999 |
| 2023-09-16 | Listing removed | -- |
| 2021-09-15 | Sold | $1,300,000 |
| 2021-07-15 | Pending sale | $1,599,999 |
| 2021-07-15 | Contingent | $1,599,999 |
| 2021-06-07 | Price change | $1,599,999 |
| 2021-05-19 | Listed for sale | $1,700,000 |
| 2021-03-24 | Listing removed | -- |
| 2019-04-04 | Listing removed | $825,000 |
| 2019-02-10 | Pending sale | $825,000 |
| 2019-01-07 | Price change | $825,000 |
| 2018-11-30 | Price change | $855,000 |
| 2018-11-07 | Listed for sale | $895,000 |
| 2009-08-28 | Listing removed | $1,250,000 |
| 2009-04-05 | Price change | $1,250,000 |
| 2008-02-01 | Listed for sale | $1,800,000 |
View on Zillow