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For SaleSingle Family Home
$225K
514 Hickory Street, Melbourne, FL 32901
Downtown Melbourne neighborhood
Subdivision: Tradewinds Homes Subd
3
Bedrooms
2
Bathrooms
1,035
Sq Ft
1956
Year Built
$217 /sqft

About This Property

Description from listing agent

Available for immediate occupancy! Welcome to this light and bright, neat, clean 3 bedrm/2 bath home; Terrazzo flooring throughout keeps the home cool; Some appliances are newer; Stainless steel frig; 2nd bathrm is in utility room, under air, with washer/dryer hookup; Newer paint inside and out; Lots of extra parking in the front yard next to carport; Pets may be considered depending on breed, etc; Backyard is HUGE and is fenced-in and includes a deep well; There's a large shed to protect your tools & lawnmower; Crafted roof on patio, along with slab and pavers--perfect for grilling and chilling out! Super ideal location---close to Health First/Holmes Regional hospital, L3 Harris, Collins Aerospace, Northrop Grumman, Embraer & car dealerships; Owner will consider a lease purchase option! This is available immediately and is super easy to show.

Space Coast Context

🚀 Launch Viewing — Good Views

32.1 mi from SLC-40

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

Aerospace Commute Guide
L3Harris1.3 mi~3 min
Northrop2.1 mi~5 min
Blue Origin26.1 mi~58 min
Lockheed27.2 mi~1h 1m
SpaceX27.3 mi~1h 1m
Boeing/KSC29.1 mi~1h 5m
KSC29.7 mi~1h 6m

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

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

Price History

Date
Event
Price
  • 3/21/26
    Listed
    $225K
    $217/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

Based on 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
At market value
Median comparable close price: $230,000
Typical Offer Discount
97.7% of list price
At that rate, a competitive offer ≈ $219,858
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 2 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

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
0.19 acres (8,276 sqft)
Full Baths
2
Days on Market
84
MLS Area
330 - Melbourne - Central

Schools

Elementary

Harbor City

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Mar 30, 2026
Parcel #
27-37-34-25-0000q.0-0010.00
$225K

Listing Agent (for property info)

K
Karen Horak
RE/MAX Aerospace Realty
321-544-0939
Call Listing Agent

Estimated Monthly Payment

$1,560/mo
Principal & interest
$1,185
Property taxes
$225
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $225K price — down payment shown: $44,999.

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# 1072613

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Equal Housing Opportunity

MLS# 1072613 · Listing Broker: RE/MAX Aerospace Realty · 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.