About This Home

This 3-bedroom, 2-bathroom single family at 5120 Martin Lane in Melbourne, FL is listed for $241,500 ($197 per sqft). Built in 1959, the home offers 1,228 sqft of living space on a N/A lot.

Key Features

  • Built in 1959

Property Details

2 full
1959

Amenities

Solar
Listing Description

APPROVED SHORT SALE PRICE!! Welcome Home. This charming property is ready for the next owners. This 3-bedroom, 2-bathroom house has so many possibilities. The roof was replaced in 2021 as were the solar panels. In addition, the solar panels have no assumable payments as they are paid off.

Water heater was replaced in 2018, the electrical system has been brought up to code, and the original windows were replaced with double pane storm resistant windows for added security. The yard is completely fenced in and the addition in the rear of the home adds so much more square footage to the footprint of the property.

There is one room that was in the middle of being finished before the sellers had to move, but the flooring is included with the house, just needs to be installed. Come take a look today and imagine the possibilities of living here. With a highly centralized location close to everything you would need, you can make this your perfect home!

Monthly Cost Estimate

$1,292/mo

20% down · 6.5% · 30 years

Principal$175
Interest$1,047
Insurance$70

Estimates only. Actual payments may vary.

Location

5120 Martin Lane

Melbourne, FL 32904

Cannova Park Sec A

Questions & Answers

This 3-bedroom, 2-bathroom single family at 5120 Martin Lane is listed at $241,500 ($197/sqft). The estimated monthly payment is $1,291 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1959.

This property is listed by Bradley Griffin.

BG

Bradley Griffin

Agent at Engel & Völkers Melbourne Downtown

Listed by Engel & Völkers Melbourne Downtown · Broker phone: 3212545275 · Broker website

MLS# 1061386· Source: Engel & Völkers· 7 days on PropertySimple

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5120 Martin Lane, Melbourne, FL 32904

Open this listing in: