$525,000
205 Rita Boulevard, Melbourne Beach, Fl 32951
Melbourne Beach, FL 32951
Listing updated: June 25, 2026 at 9:18 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Garage spaces
About this home
Experience Island Life in Melbourne Beach! This is what a true coastal retreat feels like. Just Reduced! Now offered at $525,000. Set on a rare double lot in Ocean Edge Colony, this 4-bedroom home offers space, flexibility, and a relaxed pace of living, all within close proximity to the beach. Here, the coastal lifestyle isn't just a weekend activity, it becomes part of your everyday routine. Morning walks, ocean breezes, and the ability to come and go with ease create a sense of balance that's hard to replicate. Inside, the home is designed for comfortable, low-maintenance living. Tile and laminate flooring provide durability and easy maintenance, and the layout connects naturally, making daily life and entertaining feel effortless. The renovated kitchen is both practical and welcoming, featuring marble countertops, ready for everything from casual meals to gatherings with friends and family. Recent updates, including a new AC system, new roof and refreshed bathroom vanity, add comfort and reliability, while Bahama shutters provide both coastal charm and functional protection. Outdoors, the property truly stands apart. The covered patio offers a shaded place to relax, while the expansive double lot, complete with mature landscaping including coconut and banana trees, gives you room to spread out, entertain, or simply enjoy your surroundings. With ample space for a boat or RV, you're free to fully embrace everything this lifestyle offers. Great location for a family, vacation home, or investment opportunity. CALL TODAY to schedule a showing!
Local Insight
At $231 per square foot for a 1978 home on a modest 0.26-acre lot with no HOA, you're paying for Melbourne Beach's low-key residential character and proximity to the water rather than turnkey construction—expect this to be a renovation project if you're comparing it to newer builds elsewhere. The real trade-off is that you're buying into a deliberately underdeveloped barrier island backed by a wildlife refuge, which means no density, no tourist infrastructure, and strong land-use restrictions, so resale depends on buyers who specifically want that conservation-minded, quiet beach community feel rather than Cocoa Beach-style amenities and appreciation drivers.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history
- Price reduced$525,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Subdivision
- Ocean Edge Colony
- County
- Brevard
- Year built
- 1978
- Living area
- 2,274 sq ft
- Price/sq ft
- $231
- Building area
- 0 sq ft
- Lot size
- 11,326 sq ft
- Garage
- 2 spaces
- MLS #
- 1074099
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Half bathrooms
- 1
Parking
- Garage spaces
- 2
Listing Details
- Original list price
- $575,000
Location
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of June 25, 2026 at 9:18 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)
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