Melbourne Homes under $400,000

Melbourne Homes under $400,000

Welcome to Melbourne, Florida – a vibrant city that perfectly marries the charm of coastal living with the conveniences of modern life. Nestled in Brevard County along the stunning Space Coast, Melbourne is renowned for its beautiful beaches, rich history, and thriving arts scene. With a mild climate year-round, residents enjoy a plethora of outdoor activities, from surfing the Atlantic waves to exploring lush parks and nature reserves.

For those seeking a place to call home without breaking the bank, Melbourne offers a fantastic selection of homes priced under $400,000. This makes it an ideal destination for first-time homebuyers, families, and retirees alike. The real estate market here is diverse, featuring everything from cozy single-family homes to stylish townhouses, all set in welcoming neighborhoods that foster a strong sense of community.

Imagine waking up in a charming home just minutes from the beach, where you can savor sunrises over the ocean and enjoy the laid-back lifestyle that Melbourne is known for. With excellent schools, shopping, and dining options at your fingertips, everyday living feels like a vacation.

Whether you’re looking for a starter home, a place to raise a family, or a peaceful retreat, Melbourne’s affordable housing market offers something for everyone. Don’t miss your chance to explore this dynamic city where your dream home awaits at an accessible price. Discover Melbourne today and experience the magic of Florida living!

Newest Melbourne Homes under $400,000

2250 Floridiane Drive, Melbourne
$399,900
3 Beds ⋅ 2 Baths ⋅ 1089747 MLS
This hidden 0.76 acre property on the historic Eau Gallie River's west end offers old Florida lifestyle with endless potential. No detail was overlooked in updating this 1960 hidden gem. The open floorplan features a stunning kitchen with granite countertops, stainless steel appliances and an abundance of gorgeous cabinetry. Sit at the bar, Kitchen Island or covered patio looking out onto the huge backyard featuring tall native Palms and Live Oaks with Spanish moss hanging from the limbs leading you down to your private covered dock perfectly situated for viewing space launches, launching your canoe or fishing. Plumbing and power have been updated to include a convenient connection for a whole house generator (included in the sale). The back yard is accessible by a drive-through gate and includes a pole barn, a garden cottage, and a large storage building. The property is connected to City natural Gas which provides efficient power for the (included) stove/oven, dryer, grill, and hot hot water heater* (*water heater is leased through the gas company's affiliate for energy savings and no-maintenance convenience). Primary bath has barrier free shower and guest bath provides shower/tub. There is also a wood-burning fireplace with electric fan included to boost heat into living area when using the fireplace. Also included is a free-flowing Artesian well for irrigation which includes a brand new pump and pressure tank. Circular driveway and carport provide plenty of parking as well as boat/RV parking on the side and back of the home. Driveway was poured with extra thick edge to prevent cracking by large vehicles accessing the back of the property. Home is partially furnished and includes refrigerator/freezer, oven/stove, microwave oven, dishwasher, washer, dryer, window covering and ceiling fans throughout, and a natural gas-burning grill eliminating the need to refill propane tanks when cooking outdoors. Enjoy the security of a metal roof (installed June 2016), new air conditioning installed in 2019 (serviced in August 2026) and new double pained windows installed in 2011, and a beautiful double-pained front entry glass door (2023). Neighborhood is directly accessed off the Florida SR 518 (Eau Gallie Blvd.) which connects I-95 over the Intercoastal waterway to the beaches. Property is conveniently located just minutes from beaches, Port Canaveral, Sebastian Inlet, Patrick Space Force Base, the Space Center, and Melbourne Airport; also about 1 hour from the Orlando International Airport and Florida's world famous theme parks. This property will not be on the market for long. No HOAs to contend with in this friendly well-established community. Furnishings are negotiable. Living room and patio TV are included.

2250 Floridiane Drive, Melbourne
4364 Grand Meadows Boulevard, Melbourne
$385,000
4 Beds ⋅ 2 Baths ⋅ 1089742 MLS
Welcome to this 4 Bedroom, 2-bathroom (1902 sq ft) home located in a quiet, sidewalk lined community. Kitchen offers plenty of cabinet space and flows seamlessly into the spacious family room, creating the perfect setting for everyday living and entertaining. The split floor plan provides a private primary suite and a front 4th bedroom perfect for a dedicated home office. Primary suite features a large bath with soaking tub, separate shower, and plenty of counter space. Step outside to the oversized screened-in porch with lake view, perfect for enjoying your morning coffee or unwinding after a long day. The fully fenced backyard provides ample space for outdoor activities and entertaining. Ideally situated in a central location, you'll enjoy convenient access to shopping, dining and schools.

4364 Grand Meadows Boulevard, Melbourne
1448 Hill Avenue, Melbourne
$385,000
3 Beds ⋅ 2 Baths ⋅ 1089681 MLS
Tucked away from the very active and exciting Viera lifestyle sits a hidden gem of a property in Suntree. Just minutes away from all the action on a quiet cul-de-sac you will find this lovely 3/2/2 home in a tree lined neighborhood. No carpeting in this home- beautiful continuous vinyl flooring in the entire home with no transitions! Kitchen is large enough for a table with plenty of cabinets and counter space. Newer stainless steel refrigerator and dishwasher. With the laundry hook up right there. Large open living space with vaulted ceiling with the bedrooms split on either side. Nice size Master bedroom with a custom walk-in shower in the bath. Secondary bedrooms roomy as well with a nautical inspired hall bath. From the living space you have slider that open to your fully trussed/ screened patio where you can enjoy the wildlife as there are no homes behind you. A 2 car garage with utility sink and storage for your convenience. Roof-2017 AC 2017 Water Heater 2018. Close to All!!!!

1448 Hill Avenue, Melbourne
632 Teak Drive, Melbourne
$334,500
3 Beds ⋅ 2 Baths ⋅ 1089674 MLS
Completely done POOL home situated on large corner lot perfect for first time buyer! Excellent Curb appeal with so many upgrades oversized paver driveway with white PVC privacy fence and metal roof. Gourmet kitchen with all wood cabinets, granite countertops, tile backsplash and stainless steel appliances. Updated electrical panel, PVC drains, new water heater, all textured walls, new fans, new light fixtures, 5 in baseboards, crown molding and so much more. Both bathroom redone from top to bottom.

632 Teak Drive, Melbourne
2235 Whisper Wind Circle, Melbourne
$295,000
3 Beds ⋅ 2 Baths ⋅ 1089668 MLS
GREAT LOCATION AND ATTRACTIVELY PRICED! This 3 bedroom, 2 bath, 2 car garage concrete block home is located on a quiet cul-de-sac in the desirable community of Misty Way. Seller is the original owner! Misty Way is conveniently located just a few minutes away from the beach, Melbourne Orlando airport, schools, shopping, and I95. The home features an open living area, a roomy kitchen with a dining area, lots of counter space and a large breakfast bar, and pantry. Buyers will like the screened and trussed patio for outside enjoyment and entertaining. The backyard features a treed easement which provides additional privacy and a natural wooded view. Additional features include an inside laundry room with washer and dryer, ceiling fans, and hurricane shutters. Just a short walk to the community pool and children's playground. The home is in move-in condition but buyers may wish to do some updating since many items are original.

2235 Whisper Wind Circle, Melbourne
2860 Notre Dame Avenue, Melbourne
$209,000
3 Beds ⋅ 2 Baths ⋅ 1089660 MLS
INVESTOR OPPORTUNITY! Potential for investors, renovators, or buyers looking to customize a home to their liking. Conveniently situated near shopping, dining, schools, parks, and major roadways. Bring your vision and take advantage of the possibilities this property has to offer. Submit your offer today! Seller does not pay customary closing costs including title policy, escrow fees, survey, or transfer fees. This property may qualify for Seller Financing (Vendee). If property was built prior to 1978,Lead Based Paint Potentially Exists.

2860 Notre Dame Avenue, Melbourne
1224 Continental Avenue, Melbourne
$395,000
4 Beds ⋅ 3 Baths ⋅ 1089659 MLS
Resort-style country club living with a view you'll love coming home to. This expanded Montpelier in the gated Indian River Colony Club overlooks a tranquil lake and golf course beneath a majestic oak. Vaulted ceilings and a split floor plan offer 4 bedrooms and 3 baths, with room for guests, hobbies, or an office. Formal living and dining rooms make entertaining easy. The sunroom, wrapped in windows, is the perfect spot for morning coffee and lake views. The kitchen features an island, pantry, and breakfast nook overlooking the water, open to a spacious family room. The primary suite offers two walk-in closets and a bath with jetted tub and separate shower. Impact windows and doors and a 2025 roof provide true peace of mind, and the 3-car garage includes laundry and workspace. IRCC's home maintenance program means more time for golf, fine dining, the heated pool, fitness center, and 60+ social groups. A wonderful place to call home. Home to over 600 military veterans, Indian River Colony Club is a private 55+ country club community offering a unique blend of camaraderie, comfort, and care. Residents enjoy an extensive home maintenance program and access to exceptional amenities, including an 18-hole golf course, fine dining with an executive chef, the casual 19th Hole restaurant and bar, fitness center, heated pool, tennis, croquet, bocce ball, shuffleboard, and more. This pet-friendly, gated community boasts over 60 social and activity groups—making every day feel like a vacation.

1224 Continental Avenue, Melbourne
3472 Florida Palm Avenue, Melbourne
$335,000
3 Beds ⋅ 2 Baths ⋅ 1089653 MLS
Smart home living in Melbourne's Bel Aire Palms! This tech-forward home is built for movie nights, gaming & working from home. Enjoy your own theater with an Optoma 4K projector, pre-wired for surround sound. Second & third bedrooms are pre-wired for Ethernet. Smart features include keyless entry, security cameras, an EV-ready garage, & smart thermostat. Oct 2021 Daikin variable-speed AC. Ductwork replaced in 2022. 2025 ROOF. One of the few concrete block homes in the subdivision, plus a portable whole-home generator & storm-rated windows! The updated kitchen features granite counters, a center island with storage, matching Samsung appliances, wine racks, pull-out spice rack, & corner lazy susan. Wood-look plank tile in main living areas & a cozy fireplace. Garage has built-in cabinets for a workshop & reverse osmosis system. Maytag front-load washer & dryer convey. Relax in the Florida Room or entertain on the spacious patio in your private, fenced backyard.

3472 Florida Palm Avenue, Melbourne
2645 Elliot Way Unit 5, Melbourne
$269,900
2 Beds ⋅ 2 Baths ⋅ 1089644 MLS
Move right in and enjoy Weston Park living, where all the big-ticket items are already done. This updated 2-bedroom, 1.5-bath townhome with a 1-car garage sits in an amazing Melbourne, Florida location just off Wickham Road near Wickham Park. Picture slow mornings with coffee on the 22-foot screened porch and evenings unwinding in the open living and dining area under soaring vaulted ceilings. The remodeled kitchen with stainless steel appliances makes hosting easy, and a half bath off the foyer is perfect for guests. Upstairs, two bedrooms share a full bath freshly remodeled in June 2026. The peace of mind is here: new roof (2022), new Trane HVAC (July 2026), fresh exterior paint (April 2026) and a 2017 remodel with tile, carpet and a newer water heater. The HOA takes care of the grounds and sprinklers, so your weekends are free for the community pool, Wickham Park or the beach, all just minutes away.

2645 Elliot Way Unit 5, Melbourne
681 Indian Oaks Drive, Melbourne
$385,000
3 Beds ⋅ 2 Baths ⋅ 1089631 MLS
AFFORDABLE 55+ LIVING WITH EXCEPTIONAL UPGRADES! Discover this stunning, move-in-ready home in Pine Creek, a gated active adult community offering comfort, convenience and an engaging Florida lifestyle. The beautifully updated kitchen and elegant plantation shutters create a welcoming interior, while impact windows and doors throughout provide added peace of mind. Relax in the enclosed sunroom or enjoy outdoor grilling on your private backyard BBQ patio. Major improvements include a 2020 roof, 2022 A/C, 2024 garage door, and 2026 water heater and irrigation pump. Enjoy the benefits of low-maintenance living with exterior painting included, lighted sidewalks and an active social calendar that makes connecting with neighbors easy. Conveniently located in town near shopping, dining, healthcare and everyday essentials. An exceptional opportunity to enjoy the Pine Creek lifestyle without sacrificing quality, comfort or value!

681 Indian Oaks Drive, Melbourne
1765 Velky Lane, Melbourne
$380,000
2 Beds ⋅ 2 Baths ⋅ 1089563 MLS
Welcome to maintenance-free luxury living in the highly sought-after 55+ community of Bridgewater at Viera with one of the best lake views in the community!! This beautifully upgraded home offers 2 bedrooms and 2 bathrooms, plus a versatile flex room with double doors perfect for a 3rd bedroom, home office, or hobby space. Inside, you'll find upgraded 24-inch tile flowing throughout the entire home, complemented by crown molding and recessed lighting for a polished, modern feel. The kitchen is thoughtfully designed with quartz countertops, white cabinetry, and stainless steel appliances, creating a bright and functional space for everyday living and entertaining. The spacious primary en-suite features dual vanities, a walk-in closet, and an upgraded glass-enclosed walk-in shower. Step outside to your extended porch overlooking an amazing large, peaceful lake, an ideal setting for morning coffee or evening relaxation.

1765 Velky Lane, Melbourne
858 Ridge Lake Drive, Melbourne
$340,000
3 Beds ⋅ 2 Baths ⋅ 1089627 MLS
Discover easy living in Quail Ridge at Suntree! This 3-bedroom, 2-bath home offers a desirable corner-lot setting, peaceful pond views and extra side yard space. Updated flooring, kitchen countertops and a bathroom provide a great foundation for comfortable living. The oversized garage is a rare find, with room for two cars plus a golf cart! Enjoy low-maintenance living with community-managed exterior painting, roof replacement and exterior insurance, along with a community pool for soaking up the Florida sunshine. Ideally situated in established Suntree, you're close to shopping, dining, golf and Space Coast beaches. If you're looking for a tranquil setting, extra garage space and less exterior upkeep, this Quail Ridge home is worth a closer look!

858 Ridge Lake Drive, Melbourne
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