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Direct Waterfront Land Opportunity
For Sale
$650,000
Pending

629 E Melbourne Ave, Melbourne, FL 32903

Over an acre of direct waterfront land on Crane Creek with small-boat access potential and an existing residence needing major renovation.

Property Size2,403 SF
Lot Size1.04 Acres
Days on Market52

Property Features for 629 E Melbourne Ave

General Information

Standard status Pending
Size 2,403 SF
Lot size 1.04 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $9,820
Listing Agency: RE/MAX Elite
Listed By: Stuart M Brown · License #658962
Source: Exprealty
Added: Jun 19 Changed: Aug 8 Last Checked: Jul 4 at 3:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Elite

Investment Insights

Based on property information with market context.

Rare opportunity to own over 1 acre of direct waterfront property on scenic Crane Creek. The homesite includes navigable small-boat access toward the Indian River Lagoon and offers the potential for a private dock, with permitting requirements to be verified by the buyer. An existing residence of 2,403 sq. ft. is on-site and is in need of substantial renovation and is being offered primarily for land.

Located at 629 E Melbourne Ave in the heart of Downtown Melbourne, the property is one block from downtown restaurants, shopping, entertainment, and waterfront amenities. The setting provides expansive water views and mature trees along Crane Creek.

This is a single parcel waterfront site suitable for buyers looking to develop a waterfront estate or pursue a future renovation-and-expansion plan, with the existing home serving as a starting point pending substantial rehab.

Key Highlights

  • 1.04‑acre direct waterfront homesite on Crane Creek with expansive water views and mature trees
  • Small‑boat access potential with navigable access to the Indian River Lagoon
  • Potential for a private dock (buyer to verify permitting requirements)

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Home Appliance Store Locksmith Veterinary Clinic Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,561
Businesses Nearby

Demographics for 32903, FL

13,880
Population
7,469
Households
1.9
Avg Household Size
52
Median Age
51%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
3,856
Density / Sq Mi
$101,549
Median Household Income
$55,718
Median Earnings
$1,700
Median Rent
$495,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Over an acre of direct waterfront land on Crane Creek with small-boat access potential and an existing residence needing major renovation.
Where is this waterfront land located?
The property is located at 629 E Melbourne Ave Melbourne, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1.04‑acre direct waterfront homesite on Crane Creek with expansive water views and mature trees; Small‑boat access potential with navigable access to the Indian River Lagoon; Potential for a private dock (buyer to verify permitting requirements)
More about this property
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