John Carpenter
Map of Melrose Heights
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Neighborhood · Miami, Florida

Melrose Heights

A compact Miami pocket with real value

3

Homes for sale

$450,000

Median list price

$585

Avg price / sqft

199

Median days on market

Search Melrose Heights on the map

Melrose Heights is a small, close-in Miami neighborhood where the pace stays local even as Brickell, Edgewater, and Downtown sit within easy reach. It's the kind of place that appeals to buyers who want a foothold in the city without paying for the towers, with modest home sizes and an everyday, lived-in feel.

The market here is genuinely small — just three active listings right now, so opportunities come and go quickly. The median list price is $450,000 with homes ranging from $400,000 to $550,000, and with a median 199 days on market, patient buyers have room to negotiate. Browse the full picture on the live map or widen your search to Miami homes for sale if inventory feels tight.

Melrose Heights is a community in Miami, Florida.

Quick facts

$400,000$550K price range

728 sqft median home

$2,350/mo median rent

2 sold in 12 months

On the market now

Homes for sale in Melrose Heights

Every active listing inside the Melrose Heights boundary

Open full map search →

Find your fit

Browse Melrose Heights

Where the market lives

2
1
$400K–$500K$500K–$750K

The numbers that matter

The Melrose Heights market

2

Sold, last 12 months

$651,000

Median sold price

90%

Sale-to-list ratio

What sellers actually get vs asking

15 days

Median time to sell

Melrose Heights vs Miami

Median list price

Melrose Heights$450K
Miami Co.$500K

Price per sqft

Melrose Heights$585
Miami Co.$469

Days on market

Melrose Heights199d
Miami Co.26d

Median sold price — 3-yr, 3-mo rolling

22.9% yr/yr

$336K$431K$525KJul ’23Oct ’25

Homes sold per month

011Jul ’23Oct ’25

Live Stellar MLS data — every listing and closed sale inside the Melrose Heights boundary. Rolling medians smooth single-month swings in small communities.

For the school run

Schools Melrose Heights is zoned for

Attendance boundaries overlapping this community — always verify zoning with the district.

What it really costs

Owning here

Owning the median Melrose Heights home

$3,003/mo

Principal & interest $2,371
Property tax $422
Insurance (est.) $210

$450,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

$2,350/mo

Median rent

Homes for rent inside the boundary

Population

2,122

Median age

36

Median income

$29,217

Median home value

$236,826

Beyond the listings

Living in Melrose Heights

Lifestyles

Top 10% in the U.S.

Wealth Signaling

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Entertainment

Top 13% in the U.S.

Party Life

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

Relationships

Top 14% in the U.S.

Networking

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Hobbies & Interests

Top 22% in the U.S.

Engine Enthusiast

This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.

Entertainment

Live Experiences

When it comes to entertainment, this population is looking for the ultimate experience. Whether it's a charity fundraiser or a concert, elements such as lights, sounds, and merchandise are critical for a good time.

Culture

Hip Hop Culture

Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.

Straight answers

Melrose Heights FAQs

Is Melrose Heights a good place to live?+

It's a good fit for buyers who want to be close to Miami's core without the high-rise price tag, with Brickell and Downtown a short drive away. Homes are compact and the neighborhood stays quiet and residential, which suits singles, couples, and investors more than large families.

Is Melrose Heights expensive?+

By Miami standards it's relatively accessible, with a median list price of $450,000 and homes ranging from $400,000 to $550,000. That said, the average $585 per square foot reflects the close-in location, so you're paying for proximity rather than square footage.

What do homes cost in Melrose Heights?+

Active listings currently run from $400,000 to $550,000 with a median of $450,000, while the two homes sold in the past year closed at a median of $651,000. The gap reflects how few properties trade here, so individual sales can swing the numbers meaningfully.

How is the market in Melrose Heights?+

It's a small, slow-moving market with just three active listings and a median 199 days on the market. Sellers have been accepting around 90% of asking on average, which means buyers who do their homework have real leverage — see current options on the live map.

What about HOA fees and property taxes?+

There's no meaningful HOA data reported for the neighborhood, so fees will vary by individual property. The median property tax runs about $5,068 per year, and if you're weighing renting versus buying, the median rent here is around $2,350 a month.

Keep exploring

More Miami neighborhoods

Neighborhood boundary by edgeAI; listings matched to the polygon. 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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