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!
For sale
$429,000
703 Shady Lane, Melbourne, FL 32935
2beds
916sqft
Est.:
Single Family Residence
Built in 1934
-- sqft lot
$408,000 Zestimate®
$468/sqft
$-- HOA
What's special
Metal roofHigh ceilingsDetached shedWood flooringSpacious back deckPrivate front yardVintage character
- 143 days |
- 822 |
- 48 |
Zillow last checked: 7 hours ago
Listing updated: February 20, 2026 at 10:13am
Listed by:
Luiz F Machado 561-762-3258,
Landmark Investments & Real Estate
Source: BeachesMLS,MLS#: R11139020
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 0
- Dimensions: 0 X 0
Primary bedroom
- Level: Main
- Area: 0
- Dimensions: 0 X 0
Kitchen
- Level: Main
- Area: 0
- Dimensions: 0 X 0
Kitchen
- Level: Main
- Area: 0
- Dimensions: 0 X 0
Living room
- Level: Main
- Area: 0
- Dimensions: 0 X 0
Living room
- Level: Main
- Area: 0
- Dimensions: 0 X 0
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
- Laundry: Inside
Features
- None, Pantry, Storage
- Flooring: Wood
Interior area
- Total structure area: 916
- Total interior livable area: 916 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Waterfront features: None
Details
- Parcel number: 2737210600000.00029.00
- Zoning: RES
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1934
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: CREELS S/D OF LOT 26 HOUSTONS ADD TO EAU GALLIE
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Melbourne
Financial & listing details
- Price per square foot: $468/sqft
- Tax assessed value: $291,940
- Annual tax amount: $4,802
- Date on market: 11/7/2025
- Cumulative days on market: 142 days
- Listing terms: Cash,Conventional
Estimated market value
$408,000
$388,000 - $428,000
$1,838/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Listed for sale | $429,000+26.2%$468/sqft |
Source:  BeachesMLS #RX-11139020 Report a problem | ||
| 1/9/2023 | Sold | $340,000-6.8%$371/sqft |
Source: Space Coast AOR #943471 Report a problem | ||
| 12/12/2022 | Contingent | $364,795$398/sqft |
Source: Space Coast AOR #943471 Report a problem | ||
| 12/2/2022 | Price change | $364,795-3.2%$398/sqft |
Source: Space Coast AOR #943471 Report a problem | ||
| 11/7/2022 | Listed for sale | $376,984-5.5%$412/sqft |
Source: Space Coast AOR #943471 Report a problem | ||
| 10/6/2022 | Contingent | $398,765$435/sqft |
Source: Space Coast AOR #943471 Report a problem | ||
| 9/20/2022 | Listed for sale | $398,765$435/sqft |
Source: Space Coast AOR #943471 Report a problem | ||
| 9/2/2022 | Contingent | $398,765$435/sqft |
Source: Space Coast AOR #943471 Report a problem | ||
| 8/20/2022 | Price change | $398,765-7.2%$435/sqft |
Source: Space Coast AOR #943471 Report a problem | ||
| 8/12/2022 | Price change | $429,760-4.5%$469/sqft |
Source: Space Coast AOR #943471 Report a problem | ||
| 7/26/2022 | Listed for sale | $450,000$491/sqft |
Source: Owner Report a problem | ||
| 6/27/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/26/2022 | Listed for sale | $450,000+12.5%$491/sqft |
Source: Owner Report a problem | ||
| 2/7/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/29/2021 | Listed for sale | $400,000-20%$437/sqft |
Source: Owner Report a problem | ||
| 6/13/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/4/2021 | Listed for sale | $500,000+25%$546/sqft |
Source: Owner Report a problem | ||
| 4/1/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/8/2021 | Listed for sale | $400,000+0%$437/sqft |
Source: Owner Report a problem | ||
| 5/21/2020 | Listing removed | $399,999$437/sqft |
Source: Owner Report a problem | ||
| 12/4/2019 | Price change | $399,999+14.3%$437/sqft |
Source: Owner Report a problem | ||
| 10/24/2019 | Listed for sale | $349,999$382/sqft |
Source: Owner Report a problem | ||
| 7/18/2019 | Listing removed | $349,999$382/sqft |
Source: Owner Report a problem | ||
| 2/27/2019 | Price change | $349,999+0.3%$382/sqft |
Source: Owner Report a problem | ||
| 11/22/2018 | Price change | $349,000+158.5%$381/sqft |
Source: Owner Report a problem | ||
| 4/7/2017 | Sold | $135,000+8%$147/sqft |
Source: Space Coast AOR #779132 Report a problem | ||
| 1/5/2016 | Sold | $125,000-24.2%$136/sqft |
Source: Space Coast AOR #739924 Report a problem | ||
| 8/31/2007 | Sold | $165,000-15.4%$180/sqft |
Source: Public Record Report a problem | ||
| 3/30/2005 | Sold | $195,000+136.4%$213/sqft |
Source: Public Record Report a problem | ||
| 5/15/2001 | Sold | $82,500$90/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,146 +3.2% | $291,940 +4.5% |
| 2023 | $4,985 +211% | $279,280 +115.7% |
| 2022 | $1,603 -0.5% | $129,460 +3% |
| 2021 | $1,611 +1.3% | $125,690 +1.4% |
| 2020 | $1,590 +4.2% | $123,960 +5.4% |
| 2019 | $1,526 | $117,630 +1.9% |
| 2018 | $1,526 +0.7% | $115,440 +6.2% |
| 2017 | $1,516 -32.6% | $108,710 +17% |
| 2016 | $2,249 +10.2% | $92,930 +4.2% |
| 2015 | $2,041 +1.3% | $89,180 +7.6% |
| 2014 | $2,016 | $82,850 +3.8% |
| 2013 | -- | $79,790 +16.5% |
| 2012 | $1,506 -4.5% | $68,480 -4.3% |
| 2011 | $1,577 -4.9% | $71,570 -13.8% |
| 2010 | $1,658 -7.9% | $83,030 -14.7% |
| 2009 | $1,799 -17.9% | $97,340 -19.9% |
| 2008 | $2,191 -4.5% | $121,500 -6% |
| 2007 | $2,295 +137.8% | $129,300 +120.1% |
| 2005 | $965 -0.7% | $58,740 +40% |
| 2004 | $972 -0.5% | $41,950 +1% |
| 2003 | $977 +5.1% | $41,530 +7.3% |
| 2002 | $930 | $38,710 +18.3% |
| 2001 | -- | $32,730 +27.9% |
| 2000 | -- | $25,590 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,673/mo
Principal & interest
$2147
Property taxes
$526
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Climate risks
Neighborhood: 32935
Nearby schools
GreatSchools rating
- 3/10Dr. W.J. Creel Elementary SchoolGrades: PK-6Distance: 1.3 mi
- 3/10Lyndon B. Johnson Middle SchoolGrades: 7-8Distance: 1.8 mi
- 3/10Eau Gallie High SchoolGrades: PK,9-12Distance: 1.2 mi
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