Melbourne Beach, FL Real Estate

According to census data in the year 2000 there were 1,528 housing units in Melbourne Beach. This represents a 3.5% growth from 1,476 in 1990.

Of those housing units, 1,528 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Melbourne Beach is about 82.7%. Melbourne Beach's vacancy rate, including seasonal lodging, is about 7.5%. Average household size is 2.34 people.

The majority of houses, apartments or condos in Melbourne Beach were built after 1970.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom4.60%
Two Bedrooms19.20%
Three Bedrooms38.60%
Four Bedrooms30.20%
Five Bedrooms or more5.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1971
Median Value of occupied units$163,200
Median Price asked for vacant units$159,400

Rented Homes, Apartments and Condos

Average Household Size1.55
Median year structure was built1967
Median Monthly Rent asked for vacant units$594

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.50%
Home Equity Loan12.90%
Simple Mortgage40%
Debt Free39.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%