703 Shady Lane, FL

$429,000

703 Shady Lane

Melbourne, FL 32935

Active
2
Beds
1
Bath
916
Sq Ft
0.1
Acres
1934
Built
Fireplace$468/sqft360° tour
Single Family Residence

Property type

1934

Year built

4,356 sqft

Lot size

$468

Price / sq ft

No HOA

HOA dues

1

Day on market

X

Flood zone

About this home

:Recently remodeled 1934 cottage in Melbourne's Eau Gallie Arts District! This charming 2BR/1BA home offers 916 sq. ft. of light-filled living with high ceilings and vintage character. Central A/C. Metal roof. Wood flooring. Kitchen and bathroom were recently renovated. Enjoy a private front yard, spacious back deck, and detached shed with potential for workshop or guest suite. Walk to breweries, shops, art galleries, and the library. Just 1 minute to the Indian River and 5 minutes to the beach. Perfect as a primary home or short-term rental, 703 Shady Lane combines location, lifestyle, and investment potential in one rare find!

Estimated monthly payment

Principal & interest$2,169
Property taxes$417
Home insurance (est.)$197

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history1 days on market

  1. Status: Active
    Jan 6, 2026
  2. Listed$429,000
    Jan 6, 2026
  3. Price increased$429,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
1
Subdivision
Creels Sub
County
Brevard
Year built
1934
Living area
916 sq ft
Price/sq ft
$468
Lot size
4,356 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12009C0519H)
Annual taxes
$5,002 (2025)
Parcel #
27 3721-06-*-29
Zoning
R2(6)
MLS #
O6371273

Interior Details

Bedrooms
2
Full bathrooms
1
Flooring
Wood
Appliances
Dryer, Microwave, Range, Refrigerator, Washer
Interior features
Walk-In Closet(s)
Laundry
Inside
Stories / Levels
One
Direction faces
North
Fireplace
Yes

Heating & Cooling

Heating
Central
Cooling
Central Air

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Min lease term
No Minimum
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No

Exterior & Construction

Exterior features
Storage
Construction materials
Frame
Roof
Metal
Foundation
Block, Slab
Road surface
Asphalt

Utilities

Sewer
None
Water source
Public
Utilities
Electricity Connected, Phone Available, Public, Water Connected

Room Details

RoomLevelDimensions
Primary BedroomFirst
Bedroom 2First
KitchenFirst
Living RoomFirst

Listing Details

Listing date
2026-01-06
On market date
2026-01-06
Original list price
$429,000
Occupant type
Vacant
MLS area
32935 - Melbourne
Listing AOR
Orlando Regional
Status changed
2026-01-06
Tax legal description
CREELS S/D OF LOT 26 HOUSTONS ADD TO EAU GALLIE LOT 29

Flood risk

Minimal riskFEMA Zone XPanel 12009C0519H

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

GOOGLE MAPS

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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 January 7, 2026 at 6:48 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.

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