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For SaleSingle Family Home
$303K
1549 Lime Drive, Melbourne, FL 32935
Bowe Gardens neighborhood
Subdivision: Orange Creek Subd
4
Bedrooms
2
Bathrooms
1,730
Sq Ft
1971
Year Built
$175 /sqft

About This Property

Description from listing agent

1549 Lime Drive, 4 bedrooms 2 full baths is a true value-add opportunity for investors seeking a property with solid bones and plenty of upside. The home sits in a stable, established neighborhood and offers the ideal layout for a modern renovation. With cosmetic updates and targeted system improvements, this property can be transformed into a strong resale or a great long term opportunity. Features include a freeform in ground pool, jacuzzi and partially fenced yard. Close to schools, churches shopping and entertainment. This is a must see!

Space Coast Context

🚀 Launch Viewing — Good Views

30.1 mi from SLC-40

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

Aerospace Commute Guide
Northrop1.7 mi~4 min
L3Harris2.6 mi~6 min
Blue Origin24.5 mi~55 min
SpaceX25.3 mi~56 min
Lockheed25.4 mi~57 min
Boeing/KSC26.7 mi~1h
KSC27.1 mi~1h

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
  • 6/10/26
    Price change
    $303K -1.9%
    $175/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 $303,000 · Cut $6,000 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
0.43 acres (18,731 sqft)
Full Baths
2
Garage
2 car (attached)
Pool
Yes
Days on Market
82
MLS Area
323 - Eau Gallie

Schools

Elementary

Croton

Middle School

Johnson

High School

Eau Gallie

Financial & Listing Details

Listed
May 4, 2026
Parcel #
27-37-17-53-00002.0-0002.00
$303K

Listing Agent (for property info)

A
Alfred T Jenkins
Jenkins Realty
321-208-6775
Call Listing Agent

Estimated Monthly Payment

$2,049/mo
Principal & interest
$1,596
Property taxes
$303
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $303K price — down payment shown: $60,600.

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# 1076360

Interested in this property?

Equal Housing Opportunity

MLS# 1076360 · Listing Broker: Jenkins 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.