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Historic Waterfront Short-Term Rental
For Sale
$1,595,000

907 E Melbourne Avenue, Melbourne, FL 32901

Seven-bedroom lodging property with a heated pool, creek frontage, and flexible accommodations near downtown Melbourne.

Property Size3,486 SF
Days on Market62

Property Features for 907 E Melbourne Avenue

General Information

Standard status Active
Size 3,486 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $18,441

Amenities

heated pool
boardwalk

Building Details

Building Size 3,486 SF
Year Built 1925
Stories 2
Listing Agency: Arium Real Estate, LLC
Listed By: Meghan Marleen O'Hara
Source: Jedwardsfl
Added: Jun 5 Changed: Aug 4 Last Checked: Aug 4 at 3:54AM

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 Arium Real Estate, LLC

Investment Insights

Based on property information with market context.

Built in 1925, this historic short-term rental property provides seven bedrooms and seven bathrooms within a flexible waterfront configuration. The layout supports guest accommodations and is also identified for private-residence, multigenerational, retreat, vacation-rental, and owner-occupant income use. A heated pool and additional outdoor areas extend the usable space beyond the interior.

The property fronts Crane Creek with a 100-foot boardwalk offering waterfront views and access to a natural setting where wildlife is frequently seen. Its downtown Melbourne location places restaurants, shops, and entertainment moments away. The property also has a documented income history, providing an established operating reference for prospective owners.

Key Highlights

  • Seven‑bedroom, seven‑bathroom configuration
  • 100‑foot boardwalk along Crane Creek
  • Heated pool and outdoor entertaining areas

Property Analytics

Current Use

Crane Creek Inn Vacation Rental

Suggested Use

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

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

1,835
Businesses Nearby

Demographics for 32901, FL

26,286
Population
13,241
Households
2
Avg Household Size
46
Median Age
31%
College-Educated
90%
High-School Grad
12.1 sq mi
ZIP Area
2,172
Density / Sq Mi
$50,646
Median Household Income
$31,929
Median Earnings
$1,349
Median Rent
$244,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Seven-bedroom lodging property with a heated pool, creek frontage, and flexible accommodations near downtown Melbourne.
Where is this short term rental property located?
The property is located at 907 E Melbourne Avenue Melbourne, FL.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Seven‑bedroom, seven‑bathroom configuration; 100‑foot boardwalk along Crane Creek; Heated pool and outdoor entertaining areas
More about this property
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