
421 Butler Street, Melbourne FL 32901, MELBOURNE, FL, 32901
Active43 days on marketListed Jun 26, 2026MLS #B26046033
About this home
421 Butler Street, Melbourne FL 32901
Well located duplex 2/1 and 1/1. Newer central air north unit, new roof and exterior paint in the last 5 years. 2/1 rented at $1,200 and 1/1 rented at $900
Facts & features
The home at a glance
1,125
Sqft
0.14 ac
Lot size
1955
Year built
$221
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,967 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,967/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Melbourne actives
$221 vs $220
Days on market
43 vs 35 typical
Where $221/sqft sits among the 74 Melbourne actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Indian River Bluff
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Melbourne. See the full Melbourne guide →
Indian River Bluff — neighborhood snapshot
Population
671
Median age
45
Median income
$69,028
Median home value
$235,100
Avg household
3
Households w/ children
52%
For the school run
Brevard County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Melbourne market
$375K → $320K
Melbourne median sold, yr/yr
97.9%
Sale-to-list ratio (12 mo)
23 of 74
Melbourne actives have cut their price
Median sold price, Melbourne, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1% below the MELBOURNE 32901 median. See the full Melbourne market guide →
Paper trail
This home's history
Reality check
What actually sold near 421 Butler Street
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$228,400
1604 PARK AVENUE
3 bd · 2 ba · 1,152 sqft · $198/sqft · 460 DOM
Sold · Aug ’26$260,000
932 GLENMORE CIRCLE
3 bd · 2 ba · 1,321 sqft · $197/sqft · 3 DOM
Sold · Jun ’26$549,000
581 HILLSIDE COURT
3 bd · 2 ba · 1,484 sqft · $370/sqft · 58 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 421 Butler Street — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 421 Butler Street — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
421 Butler Street FAQs
What would the monthly payment be for 421 Butler Street, Melbourne FL 32901?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,967/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 421 Butler Street, Melbourne FL 32901?+
The most recent tax bill on record (2025) was $2,770. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 421 Butler Street, Melbourne FL 32901?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Melbourne?+
At $249,000, this home is listed about 27% below the Melbourne median of $342,500. The market section on this page shows how the area is trending.
Which schools are assigned to 421 Butler Street, Melbourne FL 32901?+
Melbourne Senior High School (high), Harbor City Elementary School (elementary), Herbert C. Hoover Middle School (middle) — Brevard County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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