506 Magnolia Avenue, Melbourne Beach, Fl 32951, FL506 Magnolia Avenue, Melbourne Beach, Fl 32951, FL506 Magnolia Avenue, Melbourne Beach, Fl 32951, FL
Stellar MLS
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$624,900

506 Magnolia Avenue, Melbourne Beach, Fl 32951

Melbourne Beach, FL 32951

Listing updated: June 25, 2026 at 2:58 PM ET

Active
Listing courtesy of One Sotheby'S International · Jennifer Grimes · MLS #1080949 · Active · 321-984-3135
3
Beds
2
Baths
1,452
Sq Ft
0.3
Acres
1957
Built
Private pool$430/sqft
Single Family Residence

Property type

1957

Year built

13,068 sqft

Lot size

$430

Price / sq ft

No HOA

HOA dues

1

Garage space

About this home

Enjoy the Beach lifestyle in this Charming Pool Home in the highly desirable SOFA district (South of Fifth Ave). A short walk to the beach and river, with no HOA and short term rental friendly. A solid home with concrete block construction with some costly updates already addressed: Fully re-plumbed in 2022, new pavers installed in 2021, Pool resurfaced in 2018, Metal Roof (2015), AC (2020), water heater (2022), newly painted interior and exterior painting is in progress. New stove, refrigerator and microwave. Large lot with luscious tropical landscape and a sparkling pool with in-ground spa with plenty of space to create your very own dream backyard oasis. What a great house for entertaining or your own serene sanctuary. Imagine morning coffee by the pool or hosting pool parties, cook out and yard games. Bright and airy with lots of natural light, split floor plan, great neighborhood for walks or run, and friendly neighbors. Find out what small town living by the sea is all about

Local Insight

This 1957 home at $430/sqft is priced reasonably for Melbourne Beach's oceanfront character, but you're buying an older property that will likely need systems updates—roof, plumbing, electrical—so factor in inspection costs carefully before committing. The private pool is a genuine selling point in a neighborhood where oceanfront access already defines the location, though the 0.3-acre lot is modest, so you're really paying for proximity to the water and that low-rise, residential vibe rather than land space. If you're drawn to Melbourne Beach specifically for its conservation-backed authenticity and fishing culture rather than resort amenities, this could work, but pass if you need a turnkey property or expect quick appreciation.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$3,160
Property taxes$573
Home insurance (est.)$286

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

  1. Status: Active
    Jun 25, 2026
  2. Listed$624,900
    Jun 25, 2026
  3. Price increased$624,900

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Subdivision
Island Shores Of Melbourne Beach
County
Brevard
Year built
1957
Living area
1,452 sq ft
Price/sq ft
$430
Building area
0 sq ft
Lot size
13,068 sq ft
Garage
1 spaces
Pool
Private pool
Parcel #
28-38-06-75-00003.0-0013.00
MLS #
1080949

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Interior Details

Bedrooms
3
Full bathrooms
2

Parking

Garage spaces
1

Exterior & Construction

Pool
Private pool

Listing Details

Listing date
2026-06-25
On market date
2026-06-25
Original list price
$624,900
Status changed
2026-06-25

Location

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MLS GRID

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 2:58 PM 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)

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 the MLS.

© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.

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