For SaleSingle Family Home
$315K
907 Espanola Way, Melbourne, FL 32901, Melbourne, FL 32901
Downtown Melbourne neighborhood
Subdivision: Magnolia Park Replat
3
Bedrooms
2
Bathrooms
1,570
Sq Ft
1957
Year Built
$201 /sqft

About This Property

Located in the heart of Melbourne, this well-built concrete block (CBS) home offers comfort, space, and value—all for under $350,000. With three bedrooms and two bathrooms, this property features all tile flooring throughout for easy maintenance and a fresh, uniform look. The kitchen includes a cozy eating nook, perfect for casual meals, and flows into the main living areas with plenty of natural light. Enjoy the bonus of a large enclosed side porch, an extra-spacious screened back porch, and a fully fenced backyard—ideal for relaxing, entertaining, or pets. Whether you're a first-time buyer, investor, or looking to downsize, this centrally located home offers solid construction and great potential, all at an affordable price.

Additional Details

Lot Size:0.19 acres (8,276 sqft)
Full Baths:2
Days on Market:32
MLS Area:330 - Melbourne - Central

Schools

Elementary

University Park

Middle School

Stone

High School

Melbourne

Financial & Listing Details

Listed:May 7, 2026
Parcel #:28-37-04-25-0000h.0-0010.00
$315K

Listing Agent (for property info)

J
Joan M Bradley
Waterman Real Estate
321-223-4364
Call Listing Agent

Estimated Monthly Payment

$2,125/mo
Principal & interest
$1,660
Property taxes
$315
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $315K price — down payment shown: $63,000.

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# 1057860
Call Listing Agent