Homes for sale under $500k in Melbourne, FL

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ABOUT THIS HOME
Homes for sale under $500k in Melbourne, FL
NO HONEY DO LIST HERE! Just bring your belongings & move right in just in time to unpack & put up the Christmas Tree! The Foyer leads to Living Rm which can also be used as a Dining, Office, or even closed in for 5th BR. Kitchen overlooks Dining/Nook & Family Rm & has a large Breakfast Bar/Island which is perfect for a delightful display of food & drinks for entertaining as guests can enjoy the open area inside or enjoy the outdoors on the Covered Lanai & Spacious Backyard surrounded by a 6' Privacy Fence. Oversized Master Suite has room for large furniture plus a Cozy Sitting Area & the Bathroom has Double Sinks/Vanities with Large Walk In Shower.

$399,900

4 beds2.5 baths2,505 sq ft

4650 Pagosa Springs Cir, Melbourne, FL 32901

Spacious backyard • Ss appliances • Ginormous pantry

ABOUT THIS HOME
Homes for sale under $500k in Melbourne, FL
Welcome to this beautifully maintained 3-bedroom, 2-bathroom home offering comfort, privacy, and functionality in every detail. Located in a gated neighborhood, this property features high ceiling, tile floor, and an open-concept layout perfect for both everyday living. The primary bedroom includes a private and newly renovated bathroom and generous closet space, while two additional bedrooms provide flexibility for guests, a home office, or a growing family. It has a private pool and spa with a modern and recently resurfaced tile deck and additional highlights include a two-car garage, hurricane shutters, newer AC/water heater, and access to great amenities (tennis/pickleball court, basket

$399,900

3 beds2 baths1,506 sq ft

597 Pine Forest Ct, Melbourne, FL 32940

Gated neighborhood • Great amenities • Private pool

3D WALKTHROUGH

ABOUT THIS HOME
Homes for sale under $500k in Melbourne, FL
Welcome to tropical living in the heart of Suntree! Located in the gated Emerald Pointe community, this charming three-bedroom, two-bath duplex blends comfort, style, and Florida flair. You'll love the attractive landscaping and two-car garage, but it's what's inside that truly shines - vaulted ceilings with skylights bathe the home in natural light, highlighting tile, laminate, & carpet floors throughout. The spacious kitchen features generous counter & cabinet space with a stunning backsplash, a center island, and a cozy breakfast nook. Host dinners in the formal dining area with serene water views, or relax in the enclosed Florida room with ducted air and glass windows - perfe

$399,900

3 beds2 baths1,940 sq ft

7702 Candlewick Dr, Melbourne, FL 32940

Gated community • Spacious kitchen • Vaulted ceilings

READY TO BUILD

ABOUT THIS HOME
Homes for sale under $500k in Melbourne, FL
The Lindsey II offers an excellent design and superb value. . With 3 bedrooms, 2 baths and 2-car garage, this home is perfectly laid out. The open kitchen and great room overlook the large lanai, perfect for entertaining. The master suite includes a large walk-in closet and luxurious master bath.

$399,900

3 beds2 baths1,481 sq ft

Lindsey II Plan, Melbourne, FL 32940

Master suite • Master bath • Walk-in closet

Listing provided by Zillow

ABOUT THIS HOME
Homes for sale under $500k in Melbourne, FL
Welcome to this charming home located in Melbourne, FL. Featuring 4 bedrooms and 2 bathrooms, this property boasts a spacious living area with abundant natural light. The kitchen is equipped with modern appliances and ample storage. Enjoy outdoor living in the generous backyard. Conveniently located near shopping, dining, and recreational facilities, this home have both comfort and accessibility. Don't miss the opportunity to explore this inviting residence.

$399,900

4 beds2 baths1,624 sq ft

2204 Parsons Ave, Melbourne, FL 32901

Spacious living area • Modern appliances • Conveniently located

Property at 1915 Westwood Blvd, Melbourne, FL 32901, 3 beds, 2 baths

$399,900

3 beds2 baths1,636 sq ft

1915 Westwood Blvd, Melbourne, FL 32901

Property at 4954 Erin Ln, Melbourne, FL 32940, 3 beds, 2 baths

$399,000

3 beds2 baths1,676 sq ft

4954 Erin Ln, Melbourne, FL 32940

Property at 103 Lagoon Ave, Melbourne, FL 32901, 3 beds, 2.5 baths

$399,000

3 beds2.5 baths1,859 sq ft

103 Lagoon Ave, Melbourne, FL 32901

Property at 4959 Erin Ln, Melbourne, FL 32940, 3 beds, 2 baths

$399,000

3 beds2 baths1,572 sq ft

4959 Erin Ln, Melbourne, FL 32940

Property at 7701 Candlewick Dr, Melbourne, FL 32940, 3 beds, 2 baths

$399,000

3 beds2 baths1,905 sq ft

7701 Candlewick Dr, Melbourne, FL 32940

Property at 1101 Royal Fern Dr N, Melbourne, FL 32940, 2 beds, 2 baths

$399,000

2 beds2 baths1,661 sq ft

1101 Royal Fern Dr N, Melbourne, FL 32940

Property at 1484 Independence Ave, Melbourne, FL 32940, 3 beds, 2 baths

$399,000

3 beds2 baths1,728 sq ft

1484 Independence Ave, Melbourne, FL 32940

Property at 1668 Clover Cir, Melbourne, FL 32935, 4 beds, 3 baths

$399,000

4 beds3 baths1,739 sq ft

1668 Clover Cir, Melbourne, FL 32935

Property at 4554 Magenta Isles Dr, Melbourne, FL 32904, 3 beds, 2 baths

$399,000

3 beds2 baths1,777 sq ft

4554 Magenta Isles Dr, Melbourne, FL 32904

Property at 1300 Mayflower Ave, Melbourne, FL 32940, 4 beds, 3 baths

$398,000

4 beds3 baths2,253 sq ft

1300 Mayflower Ave, Melbourne, FL 32940

Property at 629 Tupelo Dr, Melbourne, FL 32935, 3 beds, 2 baths

$398,000

3 beds2 baths1,916 sq ft

629 Tupelo Dr, Melbourne, FL 32935

Property at 2982 Pebble Creek St, Melbourne, FL 32935, 3 beds, 2 baths

$396,000

3 beds2 baths1,719 sq ft

2982 Pebble Creek St, Melbourne, FL 32935

Property at 2548 Nilgiri St NW, Palm Bay, FL 32907, 4 beds, 3 baths

$395,990

4 beds3 baths2,753 sq ft

2548 Nilgiri St NW, Palm Bay, FL 32907

Property at Heritage Bay Plan, Palm Bay, FL 32907, 4 beds, 3 baths

$395,990

4 beds3 baths2,753 sq ft

Heritage Bay Plan, Palm Bay, FL 32907

Listing provided by Zillow

Property at Compass Plan, Melbourne, FL 32940, 2 beds, 2 baths

$394,990

2 beds2 baths1,471 sq ft

Compass Plan, Melbourne, FL 32940

Listing provided by Zillow

Property at 9723 Alister Dr, Melbourne, FL 32940, 2 beds, 2 baths

$394,900

2 beds2 baths1,565 sq ft

9723 Alister Dr, Melbourne, FL 32940

Property at 3262 Brentwood Ln, Melbourne, FL 32934, 3 beds, 2 baths

$394,900

3 beds2 baths1,504 sq ft

3262 Brentwood Ln, Melbourne, FL 32934

Property at 5779 Claiborne St, Melbourne, FL 32940, 3 beds, 2 baths

$390,000

3 beds2 baths1,502 sq ft

5779 Claiborne St, Melbourne, FL 32940

Property at 3330 Viridian Cir, Melbourne, FL 32904, 4 beds, 2 baths

$389,990

4 beds2 baths1,839 sq ft

3330 Viridian Cir, Melbourne, FL 32904

Property at 3193 Brentwood Ln, Melbourne, FL 32934, 4 beds, 2 baths

$389,900

4 beds2 baths1,544 sq ft

3193 Brentwood Ln, Melbourne, FL 32934

Property at 1736 Vista Lake Cir, Melbourne, FL 32904, 3 beds, 2 baths

$389,900

3 beds2 baths1,865 sq ft

1736 Vista Lake Cir, Melbourne, FL 32904

Property at 1441 Royal Fern Dr, Melbourne, FL 32940, 3 beds, 2 baths

$389,900

3 beds2 baths1,789 sq ft

1441 Royal Fern Dr, Melbourne, FL 32940

Property at 378 Renaissance Ave, Melbourne, FL 32940, 3 beds, 2 baths

$389,900

3 beds2 baths1,720 sq ft

378 Renaissance Ave, Melbourne, FL 32940

Property at 2070 Seminole Blvd, Melbourne, FL 32904, 4 beds, 2 baths

$389,900

4 beds2 baths1,974 sq ft

2070 Seminole Blvd, Melbourne, FL 32904

Property at 1240 Rock Springs Dr, Melbourne, FL 32940, 3 beds, 2 baths

$389,900

3 beds2 baths1,905 sq ft

1240 Rock Springs Dr, Melbourne, FL 32940

Property at 1491 Crane Creek Blvd, Melbourne, FL 32940, 3 beds, 2 baths

$389,000

3 beds2 baths1,221 sq ft

1491 Crane Creek Blvd, Melbourne, FL 32940

Property at 828 Willow Creek Ln, Melbourne, FL 32940, 2 beds, 2 baths

$389,000

2 beds2 baths1,617 sq ft

828 Willow Creek Ln, Melbourne, FL 32940

Property at 3257 Arden Cir, Melbourne, FL 32934, 4 beds, 2.5 baths

$389,000

4 beds2.5 baths2,503 sq ft

3257 Arden Cir, Melbourne, FL 32934

Property at 2356 Lakeview Dr, Melbourne, FL 32935, 5 beds, 2 baths

$389,000

5 beds2 baths1,821 sq ft

2356 Lakeview Dr, Melbourne, FL 32935

Property at 597 Old Oak St, Melbourne, FL 32935, 2 beds, 1.5 baths

$389,000

2 beds1.5 baths1,100 sq ft

597 Old Oak St, Melbourne, FL 32935

Property at 2917 Rollins St, Melbourne, FL 32901, 4 beds, 2 baths

$389,000

4 beds2 baths1,512 sq ft

2917 Rollins St, Melbourne, FL 32901

Property at 2380 Oak Creek Cir, Melbourne, FL 32935, 4 beds, 2 baths

$385,000

4 beds2 baths2,000 sq ft

2380 Oak Creek Cir, Melbourne, FL 32935

Property at 1995 Canopy Dr, Melbourne, FL 32935, 5 beds, 3.5 baths

$385,000

5 beds3.5 baths3,055 sq ft

1995 Canopy Dr, Melbourne, FL 32935

Property at 200 Circle Ave, Melbourne, FL 32935, 3 beds, 2.5 baths

$385,000

3 beds2.5 baths1,945 sq ft

200 Circle Ave, Melbourne, FL 32935

Property at 4664 Grand Meadows Blvd, Melbourne, FL 32934, 3 beds, 2 baths

$385,000

3 beds2 baths1,392 sq ft

4664 Grand Meadows Blvd, Melbourne, FL 32934

Property at 1047 Tortoise Cv, Melbourne, FL 32935, 3 beds, 2 baths

$385,000

3 beds2 baths1,823 sq ft

1047 Tortoise Cv, Melbourne, FL 32935

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Based on information submitted to the MLS GRID as of Tue Dec 02 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Homes for sale under $500k in Melbourne

There are currently 627 homes for sale under $500k in Melbourne. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Melbourne stay on the market for 81 days and receive 1 offers. Popular neighborhoods include Preston Hollow, North Kohala, Hamakua, South Kohala, and Windgate Ranch. This map is refreshed with the newest listings in Melbourne every 15 minutes.

In the past month, 116 homes have been sold in Melbourne. In addition to houses in Melbourne, there were also 116 condos, 99 townhouses, and 8 multi-family units for sale in Melbourne last month. Melbourne is a minimally walkable city in Brevard County with a Walk Score of 33. Melbourne is home to approximately 75,624 people and 46,884 jobs. Find your dream home in Melbourne using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Melbourne are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Melbourne. Our Melbourne real estate stats and trends will give you more information about home buying and selling trends in Melbourne. If you're looking to sell your home in the Melbourne area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Melbourne with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Homes for sale under $500k in Melbourne, FL

Homes for sale under $500k in Melbourne

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