This 1958 home in Bowe Gardens is priced at $289/sqft, which is reasonable for the area, but you're getting 900 sqft on a small 0.15-acre lot—so you're really paying for location proximity to the revitalized downtown Melbourne riverfront and Eau Gallie's genuine arts scene rather than land or space. At this vintage and price point, budget for foundation issues, electrical/plumbing updates, and roof assessment before closing, as post-war construction in Florida often has deferred maintenance that can quickly eat into your equity. The lack of HOA is a plus, but with only one bathroom and tight lot coverage, this works best as a starter home, rental property, or renovation project rather than a long-term family residence.

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