, MELBOURNE BEACH, FL, 32951
Active51 days on marketListed May 29, 2026MLS #B26035380
About this home
Not a beach house. Not a pool home. A private coastal compound. Rare opportunity to own a unique Melbourne Beach lifestyle property combining beach access, multi-generational living, resort-style outdoor amenities, and over $800,000 in improvements and enhancements. Situated on one of the highest homesites along Bayshore Drive and just steps from the Atlantic Ocean, this exceptional property features two separate residences with a combined 5 bedrooms and 4.5 bathrooms, a newly completed guest residence, an oversized drive-through 48-foot RV and boat facility, and a spectacular 75-foot lap pool with spa. The main residence offers inviting indoor and outdoor living spaces designed for relaxed coastal living. The newly completed guest residence includes 2 bedrooms, 2 baths, a full kitchen with new appliances, and its own washer and dryer, creating ideal accommodations for family, guests, or multi-generational living. The purpose-built RV and boat facility features a 14-foot entry door, approximately 14 feet of usable interior clearance, dedicated half bath, and space for recreational vehicles, boats, collector cars, workshop activities, or additional storage. Outdoor living is enhanced by extensive paver terraces, mature landscaping, southern pool exposure, covered storage, and private gathering spaces designed for year-round enjoyment. Additional improvements include hurricane-impact windows and doors, aluminum roof systems, whole-property generator capability, extensive drainage enhancements, stormwater infrastructure, updated interior finishes, and numerous property upgrades. Recorded community beach access provides easy access to miles of Atlantic shoreline
Facts & features
The home at a glance
5
Bedrooms
4.5
Bathrooms
2,867
Sqft
0.54 ac
Lot size
2
Garage
1994
Year built
1
Levels
$626
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$11,187 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$11,187/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Melbourne Beach actives
$626 vs $771
Days on market
51 vs 13 typical
Where $626/sqft sits among the 15 Melbourne Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside South Beaches
Get to know Melbourne Beach. See the full Melbourne Beach guide →
South Beaches — neighborhood snapshot
Population
4,535
Median age
60
Median income
$117,740
Median home value
$572,500
Avg household
2
Households w/ children
188
For the school run
Brevard County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Melbourne Beach market
$941K → $4.6M
Melbourne Beach median sold, yr/yr
92.7%
Sale-to-list ratio (12 mo)
1 of 15
Melbourne Beach actives have cut their price
Median sold price, Melbourne Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 28% below the MELBOURNE BEACH 32951 median. See the full Melbourne Beach market guide →
Paper trail
This home's history
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Steeve Cadeau
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Steeve's phone and CRM.
Straight answers
FAQs
What would the monthly payment be for ?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $11,187/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on ?+
The most recent tax bill on record (2025) was $8,015. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at ?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Melbourne Beach?+
At $1,795,000, this home is listed about 35% above the Melbourne Beach median of $1,325,000. The market section on this page shows how the area is trending.
Which schools are assigned to ?+
Gemini Elementary School (elementary), Herbert C. Hoover Middle School (middle), Melbourne Senior High School (high) — Brevard County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the MELBOURNE BEACH 32951 market on paper
$1,795,000 is 28% below the MELBOURNE BEACH 32951 median of $2,499,000, and at $626/sqft it sits under the Melbourne Beach average of $662.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Time on market is leverage
51 days on market against a Melbourne Beach median of 13 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Gemini Elementary School, Herbert C. Hoover Middle School, Melbourne Senior High School — Gemini Elementary School rates 5 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $1,895,000, now $1,795,000 — a $100K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
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 Miami Association of REALTORS®.
Never miss a listing
New Melbourne Beach homes, in your inbox
Like but not quite? A daily digest of every new listing in Melbourne Beach — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Steeve to ping you on any price or status change →