Under contract

$549,500

103 Margarita Rd, Melbourne Beach, FL 32951

3beds

1,716sqft

$3,616/mo

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Single Family Residence

Built in 1988

0.26 Acres Lot

$512,300 Zestimate^®

$320/sqft

$8/mo HOA

What's special

Screened porch out frontPlantation shuttersOutside shower

3 bed 2 bath split plan brick home in desirable Floridana Beach. A short distance to the Beach with 2 paths with stairs and a one acre oceanfront park with clubhouse w/ rest rooms, only $100 a year dues. Home sits on a wooded lot with oak hammocks and lots of native plants. It features an open concept kitchen with island opening to a family room. Kitchen was updated in 2021 with new quartz counters and newer appliance's. Bathrooms were updated with new cabinets, quartz counters and shower enclosures in 2021 . Quality hi impact windows 2018, plantation shutters/water softener and reverse osmosis. Outside shower, screened porch out front and large screened porch in rear w/3 sets of French doors. Oversized utility rm with washer/dryer/sink/and freezer. Tile and wood floors throughout. 2 car garage w/additional oversized carport for boat or RV. Easy to show.

237 days
84
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Electric, Hot Water

Cooling

Central Air, Electric

Appliances

Included: Convection Oven, Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer
Laundry: Electric Dryer Hookup, In Unit, Washer Hookup

Features

Breakfast Bar, Ceiling Fan(s), Pantry, Primary Bathroom - Shower No Tub, Split Bedrooms, Walk-In Closet(s)
Flooring: Tile, Wood
Has fireplace: No

Interior area

Total interior livable area: 1,716 sqft

Property

Parking

Total spaces: 3
Parking features: Detached Carport, Garage, Garage Door Opener
Garage spaces: 2
Carport spaces: 1
Covered spaces: 3

Features

Levels: One
Stories: 1
Patio & porch: Covered, Front Porch, Porch, Rear Porch, Screened
Exterior features: Outdoor Shower, Impact Windows, Storm Shutters
Fencing: Back Yard

Lot

Size: 0.26 Acres
Dimensions: 75 x 150
Features: Easement Access, Many Trees

Details

Additional parcels included: 2956082
Parcel number: 2938237600021.00007.00
Zoning description: Residential
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Brick Veneer, Frame
Roof: Metal

Condition

Updated/Remodeled
New construction: No
Year built: 1988

Utilities & green energy

Sewer: Septic Tank
Water: Private, Well
Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Not Available

Community & HOA

Community

Subdivision: Floridana Beach 5th Addn

HOA

Has HOA: Yes
Amenities included: Barbecue, Beach Access, Clubhouse, Jogging Path, Management - Off Site, Water
Services included: Other
HOA fee: $100 annually
HOA name: FLORIDANA BEACH CIVIC ASSOCIATION
Second HOA fee: $200 one time

Location

Region: Melbourne Beach

Financial & listing details

Price per square foot: $320/sqft
Tax assessed value: $512,510
Annual tax amount: $741
Date on market: 1/19/2026
Listing terms: Cash,Conventional
Road surface type: Asphalt

Estimated market value

$512,300

$487,000 - $538,000

$3,328/mo

Price history

Date	Event	Price
8/4/2026	Contingent	$549,500$320/sqft
Source: Space Coast AOR #1066907 Report a problem
4/21/2026	Price change	$549,500-4.4%$320/sqft
Source: Space Coast AOR #1066907 Report a problem
1/19/2026	Listed for sale	$575,000+2638.1%$335/sqft
Source: Space Coast AOR #1066907 Report a problem
6/1/1987	Sold	$21,000$12/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$742 +17.8%	$160,520 +2.9%
2024	$630 +2.9%	$156,000 +3%
2023	$612 +3.1%	$151,460 +3%
2022	$594 +3.3%	$147,050 +3%
2021	$575	$142,770 +1.4%
2020	--	$140,800 +2.3%
2019	$454	$137,640 +1.9%
2018	$454 +1.5%	$135,080 +2.1%
2017	$447 +3.2%	$132,310 +2.1%
2016	$433 +1.4%	$129,590 +0.7%
2015	$427 +2.9%	$128,690 +0.8%
2014	$415	$127,670 -28.5%
2013	--	$178,610 +17.5%
2012	$1,499 +4.3%	$151,960 -10.2%
2011	$1,437 +11.5%	$169,300 -14.2%
2010	$1,289 +9.2%	$197,230 -9.1%
2009	$1,180 +0%	$216,980 -24.4%
2008	$1,180 -9.9%	$287,000 -7.1%
2007	$1,310 -7.5%	$309,000 +1.2%
2005	$1,416 -2.4%	$305,390 +33.1%
2004	$1,450 -2%	$229,360 +26.3%
2003	$1,480 +3.3%	$181,550 +32.3%
2002	$1,433 +2.6%	$137,210 +14%
2001	$1,397 +7.8%	$120,330 +10.4%
2000	$1,296	$108,990

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 32951

Getting around

15 / 100

Car-Dependent

35 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

10/10
Gemini Elementary School
Grades: PK-6Distance: 8.7 mi
7/10
Herbert C. Hoover Middle School
Grades: 7-8Distance: 12.2 mi
6/10
Melbourne Senior High School
Grades: 9-12Distance: 13 mi

Schools provided by the listing agent

Elementary: Gemini
Middle: Hoover
High: Melbourne

Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.