5120 Martin Lane, Melbourne, FL 32904

$241,500
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,228 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $241,500 List Date: 6/25/2026 Last Modified: 6/25/2026

Overview

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!

Listing Details MLS# 1061386

General Property Information

Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Living Area
1228
Living Area Source
Owner
Accessibility Features YN
No
New Construction YN
No
Year Built
1959
Garage YN
No
Carport Spaces
Yes
Lot Size Acres
0.17
Association YN
No
CDD Fee YN
No
Community Fee(s) YN
No
Waterfront YN
No
Furnished
Unfurnished
Stories
Yes
Direction Faces
North
Senior Community YN
No
Pool Private YN
No
List Price/SqFt
196.66
Bathrooms Half
0
Lot Size Square Feet
7405
Carport YN
Yes

Property Features

Appliances: Dryer; Electric Range; Electric Water Heater; Microwave; Refrigerator; Washer Architectural Style: Ranch Construction Materials: Block; Frame; Stucco Cooling: Central Air Current Use: Residential Fencing: Full Flooring: Laminate; Tile Heating: Central Laundry Features: In Unit Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Other Other Structures: Shed(s) Parking Features: Carport; Covered Possession: Close Of Escrow Sewer: Public Sewer Showing Requirements: Appointment Only; Combination Lock Box; Showing Service Special Listing Conditions: Short Sale Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

OriginalListPrice
269900
Listing Contract Date
2025-11-05
Property Sub Type
Single Family Residence
Comp Sale YN
No

Location Tax and Legal

Street Number
5120
Street Name
Martin
Street Suffix
Lane
County
Brevard
State
FL
Postal Code
32904
MLS Area Major
331 - West Melbourne
Subdivision Name
Cannova Park Sec A

Remarks and Miscellaneous

Public Remarks
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!

Status Change Information

Major Change Timestamp
2026-06-25T14:12:30Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-06-25T14:12:30Z
StatusChangeDate
2026-06-25

More Information

Closing Company Details

Closing Company Name
Landing Title
Closing Company Address
1679 GARDEN AVE.

DPR Eligible

DPR Eligible
Yes

Legal Details

Permission Granted to Advertise
No

Power Production Type

Ownership
Seller Owned

Currently Not Used

Homestead YN
Yes

Location, Tax, and Legal

Tax Account
2821397
Parcel Number
28-37-06-75-0000j.0-0004.00
General County Location
South
Elementary School
Meadowlane
Middle School
Central
High School
Melbourne
Tax Annual Amount
2093
Tax Year
2024
Zoning Description
Residential
Directions
From US 192, head south on Hollywood then right onto Martin Lane, Property is on the left.

Appliances

Dryer
Yes
Electric Range
Yes
Electric Water Heater
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Architectural Style

Ranch
Yes

Construction Materials

Block
Yes
Frame
Yes
Stucco
Yes

Cooling

Central Air
Yes

Current Use

Residential
Yes

Fencing

Full
Yes

Flooring

Laminate
Yes
Tile
Yes

Heating

Central
Yes

Laundry Features

In Unit
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Lot Features

Other
Yes

Other Structures

Shed(s)
Yes

Parking Features

Carport
Yes
Covered
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Short Sale
Yes

Utilities

Cable Connected
Yes
Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Combination Lock Box
Yes
Showing Service
Yes
Listing Office: Engel&Voelkers Melb Beachside
Last Updated: June - 25 - 2026
Information is deemed to be reliable, but is not guaranteed.

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