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$449,999

501 E Fee Ave Melbourne, FL 32901

3 beds
2 full
1,700 sqft
0.2 acres
$265 / sqft
House

Property details

About 501 E Fee Ave

This property has been a 2 unit, 5 star super host, steadily booked Airbnb for over 2 years. The front unit has 2 large bedrooms, with a 3rd bed set up in the oversized laundry room, large living room, full kitchen/dining area and full bathroom. The back unit offers a living/dining area, full kitchen, bathroom with stackable washer & dryer, and a queen bedroom. Brand new hurricane rated windows were just installed through out the home, insulation was added to the attic for efficiency and a recent wind mitigation was performed for insurance discounts. This property is being offered fully furnished and can start producing income from day one. Situated on a quiet street in Historic Melbourne, this location is convenient to downtown, hospitals, schools, shopping and restaurants.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,700 sqft
Lot size0.23 Acres
Year built1959
ParkingAdditional Parking,Guest,Off Street
MLS #1051535

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer, Washer/Dryer Stacked
  • Flooring Type: Tile,Vinyl
  • Interior: Ceiling Fan(s),Guest Suite,In-Law Floorplan
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Parking: Additional Parking,Guest,Off Street
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $449,999
  • Price/SqFt: $264
  • Annual Tax Amount: $2,767
  • Tax Year: 2023
  • Lot: Corner Lot, Sprinklers In Front, Sprinklers In Rear
  • Directions: US 1 S , right on E Hibiscus, left on Hickory, 501 E Fee is at the corner of Fee & Hickory
  • Year Built: 1959
  • Stories: 1
  • Living Area: 1,700 SqFt
  • Lot Size: 0.23 Acres
  • MLS Number: 1051535
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: HomeSmart Coastal Realty
  • Office Phone: (321) 348-9528
  • Office Email: snieroda@gmail.com
  • Listing Agent: Betsy Buckley

IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/18/2025, 12:50:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Feb 02, 2023
Home Sold
$220,000

Tax history

YearAssessmentProperty Tax
2023$162,880$2,767
2022$132,830$2,378
2021$34,300$2,378
2020$33,830$261
2019$33,070$244
2018$32,460$235
2017$31,800$235

History based on county public records data.

Nearby schools

2

University Park Elementary School

Public District PK-6

1.6 mi

500 W University Blvd

10

Indialantic Elementary School

Public District KG-6

2.7 mi

1050 N Palm Ave

6

Harbor City Elementary School

Public District PK-6

3.2 mi

1377 Sarno Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,704. The most common annual income of people living in Melbourne, FL is less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

70%
<35k
22%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

84%
Single, No Kids
4%
Single, with Kids
10%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
2%
12-17 yrs old
13%
18-34 yrs old
36%
35-64 yrs old
45%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating
  • UFCUFC

Where do the neighbors shop?

  • Chico'sChico's
  • Family DollarFamily Dollar
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans
  • Burger KingBurger King

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • CadillacCadillac

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 501 E Fee Ave

The listing price of 501 E Fee Ave property is $449,999.

The property 501 E Fee Ave is a house located in Melbourne, Florida, 32901.

Active Listing: 501 E Fee Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 501 E Fee Ave are: University Park Elementary School (GreatSchools Rating 2/10), Indialantic Elementary School (GreatSchools Rating 10/10), Harbor City Elementary School (GreatSchools Rating 6/10), Stone Magnet Middle School (GreatSchools Rating 2/10), Hoover Middle School (GreatSchools Rating 5/10), Palm Bay Academy Charter School (GreatSchools Rating 3/10), Melbourne High School (GreatSchools Rating 5/10), West Shore Junior/Senior High School (GreatSchools Rating 10/10), Palm Bay Magner High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2023 is $2,767 (source: MLS/based on county public records data).

The last sale was on February 2, 2023 for $220,000 (source: MLS/tax record).

The property at 501 E Fee Ave has 3 bedrooms and 2 bathrooms.

The property 501 E Fee Ave is 1,700 SqFt (source: MLS/tax record).

The year of construction for 501 E Fee Ave is 1959.

This home is located at 501 E Fee Ave in Melbourne, FL and zip code 32901. This 1,700 square foot home, which was built in 1959, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 12, 2025 and is currently priced at $449,999.

In June 2025, from all listings sold in Melbourne, FL there were more than 22 sold above asking price, over 187 sold below and more than 52 were sold right at the asked price. Between May and June 2025, Melbourne, FL real estate market has seen increase in the number of listings by 2.8%. In June 2025 median list price was $409,304 and the average listing age was 55 days.

From Rocket Homes Real Estate and based on county public records data.

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