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For SaleSingle Family Home
$290K
317 Cornell Avenue, Melbourne, FL 32901
University Park neighborhood
Subdivision: University Park Sec B
4
Bedrooms
2
Bathrooms
1,571
Sq Ft
1958
Year Built
$185 /sqft

About This Property

Description from listing agent

Welcome to 317 Cornell Ave, a versatile Melbourne home just minutes from Florida Tech. Featuring an updated kitchen, hard-surface flooring, flexible living space, and a converted garage providing additional living space under air. Two A/C systems provide added flexibility for cooling the home's different living areas. Outside, enjoy a spacious yard, long driveway with ample parking, separate backyard workshop, and private fenced side patio offering additional outdoor living space. Convenient to Florida Tech, shopping, dining, employment, and everyday amenities. Whether you're looking for a primary residence or a buy-and-hold opportunity, this property offers flexibility and potential in an established Melbourne neighborhood with a history of student rental use. Schedule your private showing today! Some listing photos have been virtually staged.

Space Coast Context

🚀 Launch Viewing — Good Views

34.8 mi from SLC-40

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

Aerospace Commute Guide
L3Harris2.7 mi~6 min
Northrop4.6 mi~10 min
Blue Origin28.9 mi~1h 4m
SpaceX30 mi~1h 7m
Lockheed30 mi~1h 7m
Boeing/KSC31.7 mi~1h 11m
KSC32.2 mi~1h 12m

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
  • 8/22/26
    Price change
    $290K -3.0%
    $185/sqft
  • 8/13/26
    Listed
    $299K
    $190/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $295,000
Typical Offer Discount
100.8% of list price
At that rate, a competitive offer ≈ $292,194
Price Reductions
1 reduction
Originally listed at $299,000 · Cut $9,001 total
See & adjust the 3 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
0.2 acres (8,712 sqft)
Full Baths
2
Days on Market
13
MLS Area
330 - Melbourne - Central

Schools

Elementary

University Park

Middle School

Stone

High School

Melbourne

Financial & Listing Details

Listed
Aug 13, 2026
Parcel #
28-37-09-75-0000f.0-0035.00
$290K

Listing Agent (for property info)

C
Crystal Coats
Real Broker, LLC
305-537-8472
Call Listing Agent

Estimated Monthly Payment

$1,968/mo
Principal & interest
$1,528
Property taxes
$290
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $290K price — down payment shown: $58,000.

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# 1084893

What's Nearby

schools
University Park Elementary School
0.2 mi away
schools
Florida Institute of Technology FW Owlins Sports Complex
0.2 mi away
schools
Florida Institute of Technology Music Program Studios
0.3 mi away
schools
Florida Institute of Technology F W Olin Physical Sciences Center
0.3 mi away
schools
Florida Institute of Technology Community Psychological Services of Florida Tech
0.3 mi away
schools
Florida Institute of Technology CAPS Counseling Center
0.3 mi away
schools
Florida Institute of Technology Wave Tank Research Building
0.3 mi away
schools
Florida Institute of Technology Holzer Health Center
0.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084893 · Listing Broker: Real Broker, LLC · 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.