Space Coast Harbor City

Apartments in Melbourne, FL

Welcome to Melbourne, a Brevard County city on Florida's Space Coast, where the Indian River Lagoon meets an aerospace-driven economy.

Melbourne is a city in Brevard County, Florida, on the state's Space Coast, a region named for its proximity to Cape Canaveral and the Kennedy Space Center. It lies about 72 miles southeast of Orlando along the Indian River Lagoon, and it is the second-largest city in the county, with an estimated population of about 87,000. Melbourne's setting between the lagoon and the Atlantic beaches gives it a distinctly coastal character, while its economy is driven less by tourism than by aerospace, defense, and technology. The city's modern form dates to 1969, when voters consolidated the neighboring communities of Melbourne and Eau Gallie into a single city. Eau Gallie had earlier earned the nickname "Harbor City" thanks to a late-nineteenth-century yacht basin that offered the best deep-water harbor along Florida's east coast. That waterfront heritage remains visible in the Eau Gallie Arts District and the city's historic districts along the river. Melbourne's economy is anchored by major aerospace and defense employers. L3Harris, one of the Space Coast's largest private employers, maintains significant engineering and production operations in the area, alongside Northrop Grumman, Embraer, Leonardo DRS, and others tied to the region's space and defense industries. Florida Institute of Technology, a private university strong in science and engineering, and Eastern Florida State College add an educational dimension and a steady stream of talent. In character, Melbourne is a midsize coastal city that blends a working waterfront, a university-town feel, and a stable professional economy. It suits families, students, engineers, and retirees drawn to the Space Coast's job market, waterfront recreation, and relatively relaxed pace. Its neighborhoods range from established riverfront areas and the walkable downtowns of Melbourne and Eau Gallie to newer communities like Suntree and nearby Viera.

Lynn A Ganster
Lynn A Ganster Morris Williams Realty

Get more information about Melbourne

Listings 1,635
Population 87,561
County Brevard County

MARKET SNAPSHOT

The Market at a Glance

How homes have been selling here over the last 90 days.

home_work New This Week 65
Went Under Contract 6
trending_down Price Reductions 0
payments Median Sale Price $402,500 -5.3%
square_foot Price per Sq Ft $104
schedule Avg Days on Market 30
sell Homes Sold 824
percent Sale-to-List Ratio 98.0%
inventory_2 Months of Inventory 3.8

Price & Sales History

Market data reflects closed sales over the last 90 days and is provided for informational purposes.

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