Property
ActiveResidential
1/22
$429,000

703 SHADY LANE

Melbourne, FL 32935
2
Beds
1
Baths
916
SqFt
0.1
Acres
STELLAR
#O6371273
Updated: Jan 7, 2026, 9:38am

Property Description

:Recently remodeled 1934 cottage in Melbourne's Eau Gallie Arts District! This charming 2BR/1BA home offers 916 sq. ft. of light-filled living with high ceilings and vintage character. Central A/C. Metal roof. Wood flooring. Kitchen and bathroom were recently renovated. Enjoy a private front yard, spacious back deck, and detached shed with potential for workshop or guest suite. Walk to breweries, shops, art galleries, and the library. Just 1 minute to the Indian River and 5 minutes to the beach. Perfect as a primary home or short-term rental, 703 Shady Lane combines location, lifestyle, and investment potential in one rare find!
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Included Appliances
DryerMicrowaveRangeRefrigeratorWasher

Property Details

Interior
Appliances
DryerMicrowaveRangeRefrigeratorWasher
Bathrooms Total Decimal
Yes
Building Area Total
916
Cooling
Central Air
Fireplace Features
Non Wood Burning
Flooring
Hardwood
Furnished
Unfurnished
Heating
Central
Interior Features
Walk-In Closet(s)
Laundry Features
Inside
Living Area
916
Rooms Total
4
Construction
Building Area Source
Appraiser
Building Area Units
Square Feet
Construction Materials
Wood Frame
Direction Faces
North
Foundation Details
BlockSlab
Levels
One
Living Area Source
Appraiser
Living Area Units
Square Feet
Roof
Metal
Stories Total
Yes
Year Built
1934
Site & Exterior
Exterior Features
Storage
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.1
Lot Size Area
4356
Lot Size Dimensions
50 x 89
Lot Size Square Feet
4356
Lot Size Units
Square Feet
Public Survey Range
37
Public Survey Section
21
Road Surface Type
Asphalt
Total Acreage
0 to less than 1/4
Utilities
Electricity ConnectedPhone AvailablePublicWater Connected
Water Source
Public
Zoning
R2(6)
Financials
Calculated List Price By Calculated Sq Ft
468.34
Contract Status Change Date
2026-01-06
Current Price
429000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Minimum
Owner Name
JEREMY & RIA RAY
Ownership
Fee Simple
Parcel Number
27 372106*29
Public Survey Township
27
Tax Annual Amount
5002.49
Tax Block
000
Tax Book Number
2-10
Tax Legal Description
CREELS S/D OF LOT 26 HOUSTONS ADD TO EAU GALLIE LOT 29
Tax Lot
26
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
32935 - Melbourne
Subdivision Name
CREELS SUB
Listing provided courtesy of STELLAR via IDX. Updated: Jan 7, 2026, 9:38am.
Luiz Machado

Listing Agent

LANDMARK INVESTMENTS & REAL ESTATE

Call Agent