NE Melbourne/Palm Shores Homes under $200,000

NE Melbourne/Palm Shores Homes under $200,000

Welcome to the enchanting Palm Shores, a hidden gem nestled in the heart of Brevard County, Florida. Located just a stone’s throw from the vibrant city of Melbourne, this charming community offers a unique blend of tranquility and accessibility, making it a perfect place for families, retirees, and anyone looking to embrace the Florida lifestyle.

Palm Shores boasts a picturesque setting with lush greenery and serene waterways, providing residents with a peaceful retreat from the hustle and bustle of city life. With its proximity to the beautiful beaches of the Atlantic Ocean, outdoor enthusiasts will find endless opportunities for boating, fishing, and sunbathing, while nature lovers can explore the nearby wetlands and parks.

One of the most appealing aspects of Palm Shores is the affordability it offers. Homes in this delightful area are available for under $200,000, making it an attractive option for first-time homebuyers or those looking to downsize without compromising on quality of life. These charming residences often feature spacious layouts, inviting outdoor spaces, and a welcoming community atmosphere that fosters a sense of belonging.

As you explore the real estate options in Palm Shores, you’ll discover a variety of homes that cater to diverse tastes and lifestyles. Whether you’re seeking a cozy bungalow or a modern townhouse, you’ll find a range of choices that fit your budget and preferences.

Experience the beauty and warmth of Palm Shores, where affordable living meets the allure of Florida’s coastal charm. Come home to a community that truly embodies the spirit of relaxed living!

Newest NE Melbourne/Palm Shores Homes under $200,000

3135 Shady Dell Lane Unit 218, Melbourne
$171,999
2 Beds ⋅ 2 Baths ⋅ 1083784 MLS
Welcome to **3135 Shady Dell Lane, Unit 218, Melbourne, FL 32935**, a beautifully updated 2 bedroom, 2 bathroom condominium offering over 1,095 square feet of thoughtfully designed living space in one of Melbourne's most convenient locations. Situated just one block from the scenic Indian River, this residence combines modern interior finishes, functional living spaces, and exceptional accessibility to everything the Space Coast has to offer. Inside, you'll find a renovated kitchen featuring modern cabinetry, ample countertop space, a large pantry, and a complete appliance package. The open-concept layout flows seamlessly into the spacious living and dining areas, creating an inviting atmosphere for both everyday living and entertaining. Luxury flooring extends throughout the home with **no carpet**, while central air conditioning, ceiling fans in every room, and abundant natural light provide year-round comfort. The expansive primary suite easily accommodates a king-size bedroom set while still offering space for a home office or private sitting area. A generous walk-in closet, additional storage, and an updated en-suite bathroom with a tiled walk-in shower complete the owner's retreat. The second bedroom is equally well-sized and conveniently located adjacent to the full guest bathroom, featuring a tiled tub and shower combination. Additional interior and exterior storage, including a private utility room located on the screened balcony, adds to the home's practicality. Step outside to your private screened porch, an ideal setting to enjoy Florida's year-round climate. Just a short stroll away, you'll experience breathtaking sunrises along the Indian River, while nearby Wickham Park offers nearly 400 acres of walking trails, lakes, athletic facilities, and some of Brevard County's most beautiful sunsets. Residents of Shady Dell enjoy a variety of community amenities, including a resort-style swimming pool, clubhouse, racquetball courts, shuffleboard, barbecue and picnic areas, fitness facilities, and beautifully maintained common grounds. HOA fees also provide excellent value by covering water, sewer, cable television, trash service, exterior maintenance, insurance, and pest control. Conveniently located just minutes from the Eau Gallie Arts District, Melbourne's pristine beaches, Eastern Florida State College, major shopping centers, dining, healthcare facilities, and employers such as L3Harris Technologies, Northrop Grumman, and the growing aerospace corridor, this property offers exceptional accessibility for homeowners and investors alike. Melbourne Orlando International Airport is also only a short drive away, making travel effortless. Whether you're searching for a primary residence, a seasonal Florida retreat, or an income-producing investment, this property presents an outstanding opportunity. With strong rental demand throughout the Melbourne market and an estimated rental potential of approximately **$1,500 to $1,700 per month**, Unit 218 offers an attractive combination of lifestyle, location, and long-term investment potential.

3135 Shady Dell Lane Unit 218, Melbourne

Start Your Search