University Estates is a Melbourne neighborhood of three and four bedroom houses where the price record runs from $258,000 to $375,000, with $309,000 in the middle.
The street signs give this one away. Tulane Avenue, Cornell Avenue, Auburn Avenue and Alabama Drive run through University Estates, with Marshall Drive and Marshall Drive W tying them together. The whole neighborhood is recorded under one name, so there are no phase numbers or section letters to sort out when you compare two addresses.
Recorded houses measure 1,396 to 2,196 square feet with three or four bedrooms, which is a fairly tight size band. Price per square foot comes in around $193. Thirteen sales have been recorded in the last thirty six months, and they sit close enough together that the middle figure of $309,000 is a useful number rather than an average of extremes.
Recorded prices run from $258,000 to $375,000, a band of about $117,000, with $309,000 marking the center of the record.
$258,000 is the lowest recorded price.
$309,000 is the middle of the record.
$375,000 is the top of the record.
These are the figures the public property records carry for houses in University Estates, not vacant land and not current asking prices, and a single address can sit outside the band for reasons a number will not show you. Call or text (321) 212-7676 and we will price the exact home you are looking at.
This table gathers the recorded prices, the documented home sizes and the bedroom counts in one place.
| Detail | What you get |
|---|---|
| City | Melbourne |
| Recorded plat | University Estates |
| Recorded sales, last 36 months | 13 |
| Price range | $258,000 to $375,000 |
| Typical price | $309,000 |
| Home size | 1,396 to 2,196 sq ft |
| Median price per square foot | About $193 |
Tulane, Cornell, Auburn and Alabama all appear on the signs here. It makes the neighborhood easy to find and easy to remember.
The smallest recorded house is 1,396 square feet and the largest is 2,196. Most of what trades sits between those two numbers without much drama.
University Estates is filed under a single plat name, so every listing in the neighborhood carries the same subdivision line.
Every University Estates home on the market right now sits in the list below, and it updates as things change.
University Estates is in Melbourne, built on Tulane Avenue, Cornell Avenue, Auburn Avenue, Alabama Drive and both stretches of Marshall Drive.
The price records run $258,000 to $375,000 with $309,000 in the middle, which works out to roughly $193 per square foot.
Recorded homes run 1,396 to 2,196 square feet, with three or four bedrooms.
Thirteen sales have been recorded over the past thirty six months. Text me and I will tell you what is available and what just went under contract.
Melbourne spreads from the river inland to I-95, and University Estates sits in that middle stretch of the city. US 192 and Wickham Road handle most of the everyday driving, the causeways east lead over to Indialantic and Indian Harbour Beach, and Melbourne Orlando International Airport is on this same side of town.
Whether you are buying in University Estates or thinking about selling here, work with an agent who is in these neighborhoods every week. My partner Nichole and I got your back. We will run the numbers on any address, tell you straight what it is worth, and handle the whole process from the first showing through the closing table. Call or text (321) 212-7676.