1125 GAINEY DRIVE, MELBOURNE, FL, 32901
Active230 days on marketListed Dec 18, 2025MLS #O6368536
About this home
1125 GAINEY DRIVE
ONE OF A KIND!! Welcome to 1125 Gainey Dr, a FULLY RENOVATED and exceptionally versatile property in Melbourne, FL. This spacious residence offers 6 BEDROOMS, 4 BATHROOMS, and an impressive 3 KITCHENS, making it ideal for multi-generational living, extended family arrangements, or income-producing opportunities. The home has been COMPLETELY RENOVATED from top to bottom, featuring modern finishes, updated flooring, refreshed bathrooms, and stylish kitchens designed for both functionality and comfort. Thoughtfully designed living spaces provide flexibility for a variety of living configurations, with multiple private areas that can function independently while still feeling connected. Whether you’re looking for a primary residence with room to grow, a setup for guests or in-laws, or a property with strong rental potential, this home delivers unmatched adaptability. Conveniently located near shopping, dining, schools, and major roadways, this move-in-ready property is a rare find in today’s market. Don’t miss this unique opportunity—schedule your private showing today.
Facts & features
The home at a glance
6
Bedrooms
4
Bathrooms
2,205
Sqft
0.14 ac
Lot size
1957
Year built
Two
Levels
$170
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.
$2,579 /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
$2,579/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
$170 vs $210
Days on market
230 vs 35 typical
Where $170/sqft sits among the 75 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 Melbourne
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Melbourne. See the full Melbourne guide →
MELBOURNE 32901 — neighborhood snapshot
Population
28,565
Median age
42.3
Median income
$50,646
Median home value
$244,500
Avg household
2.23
Households w/ children
2,277
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 → $347K
Melbourne median sold, yr/yr
97.9%
Sale-to-list ratio (12 mo)
24 of 75
Melbourne actives have cut their price
Median sold price, Melbourne, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 22% above the MELBOURNE 32901 median. See the full Melbourne market guide →
Paper trail
This home's history
Reality check
What actually sold near 1125 GAINEY DRIVE
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$157,500
2513 LIPSCOMB STREET
5 bd · 4.5 ba · 2,607 sqft · $60/sqft · 42 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
Chad Creech
President, Commercial and Development Services · CENTURY 21 Edge
Tours, negotiation, and every question about 1125 GAINEY DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1125 GAINEY DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Chad's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1125 GAINEY DRIVE FAQs
What would the monthly payment be for 1125 GAINEY DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,579/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 1125 GAINEY DRIVE?+
The most recent tax bill on record (2025) was $543. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Melbourne?+
At $375,000, this home is listed about 12% above the Melbourne median of $335,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1125 GAINEY DRIVE?+
Melbourne Senior High School (high), University Park Elementary School (elementary), Stone Magnet Middle School (middle) — Brevard County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$375,000 runs 22% above the MELBOURNE 32901 median — but at 2,205 sqft it's also 32% larger than the typical Melbourne listing.
02Time on market is leverage
230 days on market against a Melbourne median of 35 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Melbourne Senior High School, University Park Elementary School, Stone Magnet Middle School — Melbourne Senior High School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $400,000, now $375,000 — a $25K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of PREFERRED REAL ESTATE BROKERS · Dustin Klath. MLS #O6368536.
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 Stellar MLS.
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