At $243/sqft for a 1958 home just over 1,000 square feet, you're looking at solid mid-range pricing for the Melbourne market, though the property's age means you should budget for potential updates to systems and foundation—the bones of these older homes can be good, but surprises aren't uncommon. The location gives you proximity to the genuine arts and dining revival happening in nearby Eau Gallie and downtown Melbourne's riverfront, which has real neighborhood momentum, though you're not walking distance to it from Jackson Avenue itself. The no-HOA situation and small lot are practical pluses for avoiding fees and maintenance headaches, but at 0.21 acres in a mid-century subdivision, you're not getting much outdoor breathing room.

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