Melbourne Homes under $200,000

Melbourne Homes under $200,000

Welcome to Melbourne, Florida – a vibrant city nestled along the stunning Space Coast! Known for its rich blend of cultural experiences, outdoor adventures, and a welcoming community, Melbourne is a fantastic place to call home. With its sunny weather, picturesque beaches, and a thriving arts scene, this city offers a unique lifestyle that caters to everyone, from young professionals to families and retirees.

Located in Brevard County, Melbourne boasts an impressive array of amenities, including top-rated schools, beautiful parks, and a variety of shopping and dining options. Residents can enjoy a stroll along the historic downtown area, where charming boutiques and delicious eateries await. For the outdoor enthusiasts, the nearby Indian River Lagoon and Atlantic Ocean provide endless opportunities for boating, fishing, and sunbathing.

One of the most exciting aspects of Melbourne is the availability of homes under $200,000. This makes the city an attractive option for first-time homebuyers or those looking to invest in a growing market. You can find a diverse selection of properties, from cozy single-family homes to charming townhouses, all offering the potential for personalized touches and future value appreciation.

Whether you're drawn to the vibrant community, the beautiful natural surroundings, or the affordable housing options, Melbourne has something for everyone. Come explore this dynamic city and discover why so many are proud to call it home! Your dream home awaits in Melbourne, Florida.

Newest Melbourne Homes under $200,000

7667 N Wickham Road Unit 616, Melbourne
$165,000
1 Beds ⋅ 1 Baths ⋅ 1089179 MLS
CONDO IN A GREAT LOCATION w/VIEW & GARAGE! If you're looking for an opportunity own in Cypress Cove at Suntree Condominiums, this one's worth a look. This 1-bedroom, 1-bath second floor condo is priced right for what this community has to offer, giving you room to add value on your own terms. New windows and slider are already done, which helps with both efficiency and peace of mind. Beyond that, it's ready to move-in or bring your vision and make it your own, whether that's a personal update or a straightforward rental-ready refresh. Suntree's resort-style amenities make this a location tenants and owners both appreciate: sparkling pool w/spa, tennis courts, dog park, playground and well-kept grounds, all close to Brevard Zoo, Wickham Park, shopping, and dining. For investors building a rental portfolio or anyone ready to put your own touch on it, this is a solid one to consider. We'd love to talk through the possibilities - reach out anytime to schedule your viewing!

7667 N Wickham Road Unit 616, Melbourne
1225 N Wickham Road Unit 415, Melbourne
$148,000
2 Beds ⋅ 2 Baths ⋅ 1089164 MLS
Updated 2-bedroom, 2-bath condo in Eagles Nest Condo community on Wickham Rd. This move in ready condo features LVP flooring, fresh paint, spacious bedrooms, and a private patio overlooking the green space. Enjoy a well-kept community offering a sparkling pool, clubhouse, and new laundry facilities. Centrally located between Melbourne, just minutes to EGAD, Melbourne Airport, beaches, dining, shopping, and the King Center. Low-maintenance living with the HOA including cable, internet, water, pest control, exterior maintenance and insurance. Ideal for first-time buyers, downsizers, or investors. Schedule your showing today!

1225 N Wickham Road Unit 415, Melbourne
1031 Regency Drive, Melbourne
$150,000
2 Beds ⋅ 2 Baths ⋅ 1088747 MLS
Beautifully updated first-floor condo in a centrally located gated community! This move-in-ready home offers an open, spacious floor plan with stylish wood-look tile flooring throughout the main living areas. The updated kitchen features newer cabinetry, granite countertops, and stainless-steel appliances, making it both functional and inviting. The living room opens to a screened lanai overlooking a large green space and the community pool—perfect for enjoying your morning coffee or relaxing at the end of the day. The generous primary bedroom offers a walk-in closet, while both bathrooms have been tastefully updated. Additional outdoor storage is conveniently located on the patio. Enjoy the ease and accessibility of first-floor living in a well-maintained gated community. Ideally located near I-95, US 1, Wickham Road, Highway 192, the airport, hospitals, shopping, dining, and so much more. An opportunity for full-time residence, seasonal retreat, or investment. HW 2022, AC 2025.

1031 Regency Drive, Melbourne
154 San Juan Circle, Melbourne
$164,900
2 Beds ⋅ 2 Baths ⋅ 1089051 MLS
Beautifully remodeled, FULLY FURNISHED, calling all investors!! Move-in-ready 2-bedroom, 1.5-bath condo offering 1,154 sq. ft. Ideally located near the beaches, Holmes Regional Medical Center, Northrop Grumman, and Melbourne Orlando International Airport. Hurricane shutters protect the upper-floor windows for added peace of mind. The updated kitchen features granite countertops and stainless steel appliances. Enjoy a spacious layout, a private patio with peaceful courtyard views, and convenient access to the community pool and laundry facilities. The $490/month HOA includes water, internet, cable, pool maintenance, trash, sewer, building insurance, pest control, and lawn maintenance. Short-term rentals are allowed making this property an excellent opportunity for investors or owner-occupants alike. Schedule your private showing today!

154 San Juan Circle, Melbourne
3150 N Harbor City Boulevard Unit 127, Melbourne
$94,900
1 Beds ⋅ 2 Baths ⋅ 1089021 MLS
Don't miss this desirable first-floor condo in a beautiful 55+ community in Melbourne! Ideally located directly across from the scenic Indian River, this 1-bedroom, 1.5-bath unit features brand-new LVP flooring and fresh interior paint, creating a clean, bright, move-in-ready space. The spacious living and dining area opens to a peaceful screened balcony—perfect for relaxing and enjoying the coastal breeze. HOA fees include water, sewer, trash, basic cable, and internet. Community amenities include a clubhouse and pool. Conveniently located with easy access to I-95 and just 15 minutes from the beaches. A wonderful opportunity for comfortable, low-maintenance Florida living!

3150 N Harbor City Boulevard Unit 127, Melbourne
1487 Sherry Lane, Melbourne
$155,000
3 Beds ⋅ 1 Baths ⋅ 1088941 MLS
Highest and Best Offers Due Sunday, 4 Oct at 5:00 PM. Welcome to 1487 Sherry Lane. This home is being sold AS IS and offers a great opportunity for a first-time buyer, investor, or buyer looking to add their own personal touches. Conveniently located near shopping, dining, schools, major roadways, and everyday essentials. The home features a functional layout with plenty of potential, along with a large, fully fenced backyard ideal for pets, entertaining, gardening, or outdoor enjoyment. Property is available for cash or conventional financing. Bring your vision and make this home your own. Seller is requesting Highest and Best Offers by 5:00 PM Sunday, 4 October.

1487 Sherry Lane, Melbourne
1266 Kathwood Drive, Melbourne
$165,000
4 Beds ⋅ 2 Baths ⋅ 1088924 MLS
Investment Opportunity! This 4-bedroom, 2-bath, 1 car carport concrete block home offers 1,378 sq. ft. in the established Sunwood Park neighborhood. The property needs TLC but offers a solid layout and excellent potential for investors, flippers, or buyers looking to add value. Features include all-concrete-block construction, a new metal roof installed June 16, 2025, and new ceilings. The electrical panel appears to have been replaced, but this has not been independently verified. Surrounded by well-maintained homes and conveniently located near Wickham Park and beautiful beaches, including Brevard's only dog beach. Just minutes from the Eau Gallie Arts District (EGAD), featuring historic buildings, arts, culture, restaurants, and local attractions. Completely renovated homes in the area have sold for $290,000, highlighting the potential for this value-add opportunity. The seller has received multiple offers, so please make sure your buyers are submitting their highest & best offer.

1266 Kathwood Drive, Melbourne
3970 Dewberry Circle, Melbourne
$199,900
2 Beds ⋅ 2 Baths ⋅ 1088830 MLS
WELCOME HOME to Bayberry Estates! This cute cement block home offers affordable Florida living in a convenient location close to shopping, dining, golf, I-95, and just 12 minutes from the beach. The open floor plan features 2 bedrooms, 2 bathrooms, a 1-car garage, vaulted ceilings, and tile flooring throughout. Both bedrooms include walk-in closets, while the primary bath features a walk-in shower. The guest bath offers generous vanity space, a linen closet, and tub/shower combination. Upgrades include a newer 14.3 SEER Trane heat pump HVAC (2025), water heater (2022), and many impact-rated windows. Relax on the screened porch overlooking the large backyard. A long driveway provides plenty of parking. Low HOA fees include access to the community pool, tennis court, and common-area maintenance, with sidewalks throughout the neighborhood. Enjoy affordable Florida living at its BEST!

3970 Dewberry Circle, Melbourne
3551 D Avinci Way Unit 3037, Melbourne
$150,000
2 Beds ⋅ 2 Baths ⋅ 1088795 MLS
Well-maintained top-floor 2-bedroom, 2-bath condo overlooking the pond and park. The interior was updated in 2025, which includes new vinyl plank flooring and baseboards, freshly painted interior, new ceiling light fixtures and fans, new kitchen sink and plumbing, and new dishwasher. The unit also features a stackable washer/dryer, ample storage, private storage room, and a private balcony with a beautiful water view. Water and sewer are included. Community amenities include a sparkling pool, clubhouse, recreation court, and 24-hour fitness center. Conveniently located just minutes from Florida Tech, downtown Melbourne, shopping, dining, Harris, and Northrop Grumman. Close to grocery stores and everyday conveniences. This condo offers comfortable living in a convenient location and can be a great option for a primary residence, second home, student, professional, or investment property.

3551 D Avinci Way Unit 3037, Melbourne
2775 N Wickham Road, Melbourne
$179,900
2 Beds ⋅ 2 Baths ⋅ 1088479 MLS
Light, bright, and tucked into a peaceful setting, this first-floor corner condo offers updated interiors and plenty to enjoy inside and out. The remodeled kitchen and updated bathrooms offer a fresh feel, while the spacious primary suite features an en-suite bath and walk-in closet. The screened porch overlooks expansive grassy grounds, with the golf course beyond the community parking area and mature trees adding a peaceful backdrop. A second patio on the preserve side provides another spot to relax or grill while enjoying the wooded surroundings. Additional features include 2023 water heater, hurricane shutters, a covered carport just outside the front door, and a large storage closet off the screened porch. The HOA includes internet, cable, water, sewer, trash, pest control, exterior maintenance, landscaping and insurance. Conveniently located near Eastern Florida State College, Wickham Park, shopping, dining and everyday conveniences, with easy access to I-95 and area beaches.

2775 N Wickham Road, Melbourne
819 Almond Boulevard, Melbourne
$190,000
3 Beds ⋅ 2 Baths ⋅ 1088357 MLS
Come see this 3-bedroom, 2-bath home offering approximately 1300 square feet of comfortable living space in a convenient Melbourne location. This home provides a practical layout with plenty of potential for comfortable everyday living, whether you're a first-time homeowner, downsizing, or looking for an investment property. The home features a functional living area designed for easy living and entertaining. Its manageable size makes it easy to maintain while still providing the space and flexibility of a three-bedroom home. Conveniently located near Florida Institute of Technology and just a short distance from Downtown Melbourne, you'll enjoy easy access to shopping, dining, entertainment, schools, parks, and major roadways. The location offers a great balance of convenience and accessibility, making this property an appealing option for homeowners, students, professionals, or investors!

819 Almond Boulevard, Melbourne
904 Poplar Lane, Melbourne
$175,000
3 Beds ⋅ 2 Baths ⋅ 1088046 MLS
Investor or renovation opportunity in Melbourne! This 3-bedroom, 2-bath home offers 1,134 sq. ft. of living space. Brand NEW ROOF recently installed by Seller in 2026. The kitchen has already been gutted and is ready for the next owner to complete the renovation and bring their vision to life. Great opportunity for an investor, flipper, landlord, or end user looking to customize a home at an attractive price point. Convenient Melbourne location with easy access to major roadways, shopping and everyday amenities. Property is being sold strictly AS-IS. Cash or hard money only. Only serious offers will be considered.

904 Poplar Lane, Melbourne
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