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For SaleSingle Family Home
$575K
2311 Arizona Street, Melbourne, FL 32904
West Melbourne neighborhood
Subdivision: National Police Home Foundation Inc
4
Bedrooms
3
Bathrooms
1,455
Sq Ft
1958
Year Built
$395 /sqft

About This Property

Description from listing agent

****PRICE REDUCED****Unique opportunity to own a versatile property with multiple living spaces and exceptional income potential. Currently consisting of two adjoining parcels (2311 & 2321 Arizona) for a combined 0.85 acres. Paperwork has already been filed with the county to combine them into a single property. The front parcel features a spacious 4-bedroom, 2.5-bath main residence with comfortable living areas perfect for everyday living. On the rear parcel is a detached two-story building with two private apartments. The downstairs apartment offers 1 bedroom and 1 bathroom, while the upstairs apartment features 2 bedrooms and 1 bathroom, providing excellent options for rental income, multi-generational living, guest accommodations, or a home-based business. Adding even more value, a new metal roof was installed June 2025 on main house and original flooring has been refinished.

Space Coast Context

🚀 Launch Viewing — Good Views

34.7 mi from SLC-40

34.7 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
L3Harris4.1 mi~9 min
Northrop5.7 mi~13 min
Blue Origin29.2 mi~1h 5m
SpaceX29.9 mi~1h 7m
Lockheed30 mi~1h 7m
Boeing/KSC31.1 mi~1h 9m
KSC31.3 mi~1h 10m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 7/9/26
    Price change
    $575K -8.0%
    $395/sqft
  • 6/27/26
    Listed
    $625K
    $430/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
1 reduction
Originally listed at $625,000 · Cut $50,000 total
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.64 acres (27,878 sqft)
Full Baths
2
Half Baths
1
Days on Market
14
MLS Area
331 - West Melbourne

Schools

Elementary

Meadowlane

Middle School

Central

High School

Melbourne

Financial & Listing Details

Listed
Jun 27, 2026
Parcel #
28-36-11-01-0000g.0-0020.00
$575K

Listing Agent (for property info)

M
Melissa Alderman
Brownfield R. E. Group. Inc.
321-288-0080
Call Listing Agent

Estimated Monthly Payment

$3,755/mo
Principal & interest
$3,030
Property taxes
$575
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $575K price — down payment shown: $115,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1081080

Interested in this property?

Equal Housing Opportunity

MLS# 1081080 · Listing Broker: Brownfield R. E. Group. Inc. · 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. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.