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Updated 1 hour ago

Colonial Dr

VERIFIED

Melbourne, FL

1 Bed
•
1 Bath

1,526 Sq. Ft.
Floor plans
1 Bed • 1 Bath
$1,127
1526 ft2
1 Available
-
$1,127
Available: Ask
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Colonial Dr
Colonial Dr
Colonial Dr
Location ratings
Walk Score®
53
Somewhat Walkable
Bike Score®
52
Bikeable
Property details
Additional Details
Total Unit Count: 1
Last Updated: Updated 1 hour ago
Contact Number: (470) 536-8312
Property manager information
Padsplit
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About
Welcome to Colonial Dr, a charming rental property located in the heart of Melbourne, FL. Managed by Padsplit, this property offers cozy 1-bedroom apartments perfect for individuals or couples looking for a comfortable and affordable place to call home.

Situated on Colonial Dr, this property provides easy access to all that Melbourne has to offer. Whether you're a student or faculty at the nearby Florida Institute of Technology or simply looking to explore the vibrant city, you'll find everything you need just a stone's throw away.

The 1-bedroom floor plan at Colonial Dr offers an ideal living space with ample room for relaxation and privacy. Each apartment is thoughtfully designed, featuring modern finishes and plenty of natural light. With its cozy atmosphere, you'll feel right at home the moment you step inside.

Residents of Colonial Dr will also benefit from the convenience of on-site management by Padsplit. The friendly and attentive team is committed to providing top-notch service, ensuring that your living experience is comfortable and hassle-free.

With its prime location and affordable rentals, Colonial Dr is the ideal choice for those seeking a cozy home in Melbourne, FL. Don't miss out on this opportunity - schedule a tour today and discover all that this wonderful property has to offer.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Colonial Dr by bedroom type below.
1 Bedroom
Suggested income:
$40,600
per year
Rent report

Colonial Dr Rent vs. Melbourne Average

 Colonial Dr      Melbourne Average
1BR
$1,127
$1,347
$0
$450
$900
$1,350
$1,800

Colonial Dr is asking 16% less than the average 1 bedroom apartment in Melbourne.

If you upsized to an average priced Melbourne 2 bedroom apartment, you would pay 16% more per month.

If you downsized to an average priced Melbourne studio apartment, you would pay 20% more per month.

Colonial Dr provides 106% more square footage than the average Melbourne 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Colonial Dr
1BR $1,127 $0.70 $3,381
Melbourne Average
Studio $1,689 $2.70 $5,066
1BR $1,347 $1.80 $4,042
2BR $1,611 $1.70 $4,834
3BR $2,316 $1.50 $6,949
4BR $3,214 $1.40 $9,642

Availability in Melbourne

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 88 2BR units on the market in Melbourne. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
4% 23% 44% 22% 5%
Available Units in Melbourne
Studio 7
1BR 46
2BR 88
3BR 44
4BR 10
Location
Nearby College

Florida Institute of Technology

Nearby Hospitals
Name Distance
Holmes Regional Medical Center 1.05 mi.
Circles Of Care 1.17 mi.
Sea Pines Rehabilitation Hospital 1.35 mi.
Nearby Fire Stations
Name Distance
Melbourne Fire Department 1.07 mi.
Indialantic Fire Rescue 3.52 mi.
Indialantic Fire Rescue 3.7 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months.
What's the square footage of the available units?
It's 1,526 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
Where is this property located?
This property is at Colonial Dr in Melbourne, FL. It's 1.5 miles west from the center of Melbourne.
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