Active adults can live in a community near the water – either on the beach or the intercoastal. There are many apartment buildings that offer carefree living. Or you can choose from many gated communities in the town or surrounding area. See link on top right.
The National Association of Realtors reports the median sale price to be $226,400 in the second quarter of 2018, in the Palm Bay-Melbourne-Titusville area, which is up from $211,000 a year earlier. Zillow considers Melbourne to be a "Hot Market" in mid-2018, and reports the home value to be $183,700, and have risen 11.9% in the past year. See Active Communities in Melbourne