Melbourne Homes for Sale Under $400K

Homes, condos and townhomes listed at $400,000 or less.

For sale now
327
Median list price
$275K
Median $ / sq ft
$198
Median days listed
77

Newest 24 of 327 homes under $400k in Melbourne

1225 N Wickham Road 811, FL1225 N Wickham Road 811, FL
ActiveCondominium

$125,000

1225 N Wickham Road 811

Melbourne, FL 32935

1 bd · 1 ba · 586 sqft

Eagles Nest Condo

MLS ID #1092204, Dalton Wade, Inc..

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

2204 Shelby Dr, FL2204 Shelby Dr, FL
Stellar MLS
ActiveSingle Family Residence360°

$232,500

2204 Shelby Dr

Melbourne, FL 32935

3 bd · 1 ba · 866 sqft

Leewood Forest Sec 01

MLS ID #O6426704, SAFETYNET REALTY.

Listing provided by Stellar MLS

729 Green Valley Lane, FL729 Green Valley Lane, FL
ActiveTownhouse360°

$283,900

729 Green Valley Lane

Melbourne, FL 32940

2 bd · 2 ba · 1,170 sqft

Courtyards Suntree Pud Stage 5 Tract 62 Unit 2

MLS ID #1086030, Misty Morrison Real Estate.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

5 Annette Drive, FL5 Annette Drive, FL
ActiveManufactured Home

$179,900

5 Annette Drive

Melbourne, FL 32904

3 bd · 2 ba · 1,067 sqft

Paulana East

MLS ID #1077685, Jenkins Realty.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

1799 Tullagee Avenue, FL1799 Tullagee Avenue, FL
ActiveSingle Family Residence

$359,900

1799 Tullagee Avenue

Melbourne, FL 32940

3 bd · 3 ba · 2,032 sqft

Capron Ridge Phase 3

MLS ID #1092185, RE/MAX Aerospace Realty.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

2356 Skywind Circle, FL2356 Skywind Circle, FL
ActiveSingle Family Residence

$309,800

2356 Skywind Circle

Melbourne, FL 32935

2 bd · 2 ba · 1,044 sqft

Misty Way Phase I Pud

MLS ID #1092094, Brevard Executive R. E. LLC.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

950 Varnum Street, FL950 Varnum Street, FL
ActiveCondominium

$202,000

950 Varnum Street

Melbourne, FL 32935

2 bd · 2 ba · 1,188 sqft

Cliff Creek Condo

MLS ID #1092181, Salt Water Realty of Brevard.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

2244 Post Road, FL2244 Post Road, FL
ActiveSingle Family Residence360°

$245,000

2244 Post Road

Melbourne, FL 32935

3 bd · 1 ba · 1,080 sqft

Sherwood Park Sec B

MLS ID #1083163, Engel & Volkers Melbourne.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

315 W University Boulevard, FL315 W University Boulevard, FL
ActiveSingle Family Residence360°

$169,990

315 W University Boulevard

Melbourne, FL 32901

3 bd · 1 ba · 1,044 sqft

University Park Sec B

MLS ID #1092075, FlatFee.com.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

4033 Wilkes Drive, FL4033 Wilkes Drive, FL
ActiveSingle Family Residence

$369,900

4033 Wilkes Drive

Melbourne, FL 32901

4 bd · 2 ba · 1,911 sqft

Belle Terrace

MLS ID #1092057, One Sotheby's International.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

415 Crown Boulevard, FL415 Crown Boulevard, FL
ActiveSingle Family Residence

$245,000

415 Crown Boulevard

Melbourne, FL 32901

3 bd · 2 ba · 988 sqft

Crown Heights 1st Addn To

MLS ID #1090788, HomeSmart Coastal Realty.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

2845 Maderia Circle, FL2845 Maderia Circle, FL
ActiveSingle Family Residence360°

$309,000

2845 Maderia Circle

Melbourne, FL 32935

3 bd · 2 ba · 1,292 sqft

Monaco Estates Phase 2

MLS ID #1087748, Waterman Real Estate Inc..

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

33 Ella Street, FL33 Ella Street, FL
ActiveTownhouse

$313,000

33 Ella Street

Melbourne, FL 32935

3 bd · 3 ba · 1,819 sqft

Ella Street Townhomes

MLS ID #1082864, Dalton Wade Inc..

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

1909 Oakwood Drive, FL1909 Oakwood Drive, FL
ActiveSingle Family Residence

$292,500

1909 Oakwood Drive

Melbourne, FL 32935

3 bd · 2 ba · 1,351 sqft

Sunwood Park No 6

MLS ID #1088648, Real Broker, LLC.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

2235 Whisper Wind Circle, FL2235 Whisper Wind Circle, FL
ActiveSingle Family Residence

$285,000

2235 Whisper Wind Circle

Melbourne, FL 32935

3 bd · 2 ba · 1,222 sqft

Misty Way Phase Ii Pud

MLS ID #1089668, Elite Real Estate.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

754 Players Court, FL754 Players Court, FL
ActiveTownhouse360°

$240,000

754 Players Court

Melbourne, FL 32940

2 bd · 2 ba · 1,005 sqft

Players Club At Suntree

MLS ID #1082281, RE/MAX Aerospace Realty.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

2975 Thrush Drive 235, FL2975 Thrush Drive 235, FL
ActiveCondominium

$169,995

2975 Thrush Drive 235

Melbourne, FL 32935

2 bd · 2 ba · 986 sqft

Pinewood Village Of Melbourne Condo No 1

MLS ID #1090641, Premier Properties Real Estate.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

761 Ixora Drive, FL761 Ixora Drive, FL
ActiveSingle Family Residence360°

$379,900

761 Ixora Drive

Melbourne, FL 32935

4 bd · 2 ba · 1,623 sqft

Ixora Park Plat No 2

MLS ID #1087685, Waterman Real Estate, Inc..

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

284 Intrepid Way, FL284 Intrepid Way, FL
ActiveTownhouse360°

$350,000

284 Intrepid Way

Melbourne, FL 32903

2 bd · 2 ba · 1,275 sqft

Ocean Side Village Phase 2c

MLS ID #1092045, RE/MAX Aerospace Realty.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

1400 Isabella Drive 105, FL1400 Isabella Drive 105, FL
ActiveTownhouse

$312,000

1400 Isabella Drive 105

Melbourne, FL 32935

2 bd · 3 ba · 1,752 sqft

Riverwalk Of Melbourne

MLS ID #1082083, EXP Realty, LLC.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

1001 W Eau Gallie Blvd #217, FL
Stellar MLS
ActiveCondominium360°

$122,000

1001 W Eau Gallie Blvd #217

Melbourne, FL 32935

2 bd · 2 ba · 1,058 sqft

Eau Gallie Rep Pt

MLS ID #TB8530464, CENTURY 21 EXECUTIVE TEAM.

Listing provided by Stellar MLS

2734 Fountainhead Boulevard, FL2734 Fountainhead Boulevard, FL
ActiveSingle Family Residence

$265,000

2734 Fountainhead Boulevard

Melbourne, FL 32935

4 bd · 2 ba · 1,355 sqft

Fountainhead Unit 4

MLS ID #1091280, Keller Williams Realty Brevard.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

734 Pine Island Drive, FL734 Pine Island Drive, FL
ActiveTownhouse360°

$295,000

734 Pine Island Drive

Melbourne, FL 32940

2 bd · 2 ba · 1,278 sqft

Courtyards Suntree Pud Stage 5 Tract 62 Unit 2

MLS ID #1088554, Keller Williams Realty Brevard.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

1747 Sophias Drive 204, FL1747 Sophias Drive 204, FL
ActiveCondominium360°

$230,000

1747 Sophias Drive 204

Melbourne, FL 32940

2 bd · 2 ba · 1,020 sqft

Lakes At Viera E Condo

MLS ID #1087426, EXP Realty, LLC.

Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)

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Melbourne homes under $400k by price

  • Under $300K202
  • $300K–$500K125

Neighborhoods with the most homes under $400k for sale

  • Bowe Gardens15 listed
  • Sherwood Park11 listed
  • Kendall Pointe11 listed
  • Leewood Forest8 listed
  • Three Fountains Of Viera Condo8 listed
  • Cypress Cove At Suntree A Condo8 listed
  • Venetian7 listed
  • Riverwalk Of Melbourne6 listed
  • Indian River Colony Club6 listed
  • The Gables At Lake In The Woods5 listed

Melbourne homes under $400k: quick answers

How many homes under $400k are for sale in Melbourne?+

327 homes under $400k are listed for sale in Melbourne, FL right now, 19 of them new in the last 7 days. Homes, condos and townhomes listed at $400,000 or less.

What do homes under $400k cost in Melbourne?+

The median list price is $275K (about $198 per square foot), with listings from $47K to $400K.

How long do homes under $400k in Melbourne stay on the market?+

The listings for sale now have been on the market a median of 77 days.

Which Melbourne neighborhoods have the most homes under $400k for sale?+

Bowe Gardens (15), Sherwood Park (11), Kendall Pointe (11), Leewood Forest (8), Three Fountains Of Viera Condo (8).

More Melbourne homes for sale

Homes Under $400K in other cities

MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of November 13, 2026 at 11:41 AM ET. 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

© 2026 Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA