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Sold for $800,000
  • $800,000

    125 Margarita Rd, Melbourne Beach, FL 32951

    4beds
    1,981sqft
    Single Family Residence
    Built in 1998
    0.26 Acres Lot
    $796,900 Zestimate®
    $404/sqft
    $3,909 Estimated rent

    Home value

    $796,900

    $757,000 - $837,000

    $3,909/mo

    Zestimate® history
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    What's special

    Renovated kitchenStunning courtyard pool homeGas stoveBeautifully updated en-suite bathQuartz countertopsBright open floor planCustom cabinetry
    Private coastal oasis--this stunning courtyard pool home offers the ideal blend of comfort, style, and versatility. The main residence features 3 bedrooms and 2 baths with a bright, open floor plan, soaring vaulted ceilings, and seamless indoor-outdoor living. A separate guest suite with private entrance-- with its own bedroom/office and full bath--makes this home perfect for visitors, multi-generational living, or a private workspace. The spacious primary suite boasts a beautifully updated en-suite bath, creating a relaxing retreat. At the heart of the home, the renovated kitchen shines with a gas stove, custom cabinetry, quartz countertops, and a large island that flows into the dining area. Step outside to your enclosed saltwater pool paradise. The expansive covered lanai extends your living space year-round, perfect for entertaining or unwinding in the coastal breeze. Recent upgrades provide peace of mind, including a 2017 roof, 2018 HVAC, Generator, shutters, pool resurfacing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joanie Shepherd 321-243-5688,

    Prominent Properties of FL,LLC

    Bought with:

    Prominent Properties of Florida, LLC

    Source: Space Coast AOR,MLS#: 1072494

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Central Air, Electric, Multi Units, Split System
    Appliances
    • Included: Convection Oven, Dishwasher, Disposal, Gas Oven, Microwave, Water Softener Owned
    • Laundry: In Unit
    Features
    • Breakfast Bar, Ceiling Fan(s), Guest Suite, In-Law Floorplan, Kitchen Island, Open Floorplan, Primary Bathroom - Shower No Tub, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s)
    • Flooring: Tile, Vinyl
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,981 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, On Street
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Accessible Central Living Area, Accessible Common Area, Accessible Entrance
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Porch, Screened
    • Exterior features: Courtyard, Outdoor Shower, Storm Shutters
    • Has private pool: Yes
    • Pool features: In Ground, Salt Water, Screen Enclosure, Waterfall
    • Fencing: Back Yard,Full,Privacy
    • Has view: Yes
    • View description: Pool, Trees/Woods
    Lot
    • Size: 0.26 Acres
    • Dimensions: 75 x 150
    • Features: Sprinklers In Front, Sprinklers In Rear
    Details
    • Additional parcels included: 2956090
    • Parcel number: 2938237600021.00031.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Electric: Whole House Generator
    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Propane

    Community & neighborhood

    Location
    • Region: Melbourne Beach
    • Subdivision: Floridana Beach 5th Addn

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $65 annually
    • Amenities included: Beach Access, Clubhouse, Park, Playground
    • Services included: Other
    • Association name: FBCA

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    6/29/2026Sold$800,000-2.4%$404/sqft
    Source: Space Coast AOR #1072494 Report a problem
    5/25/2026Pending sale$820,000$414/sqft
    Source: Space Coast AOR #1072494 Report a problem
    5/2/2026Contingent$820,000$414/sqft
    Source: Space Coast AOR #1072494 Report a problem
    3/31/2026Price change$820,000+5.8%$414/sqft
    Source: Space Coast AOR #1072494 Report a problem
    1/1/2025Pending sale$775,000-0.6%$391/sqft
    Source: Space Coast AOR #1029176 Report a problem
    12/31/2024Sold$780,000+0.6%$394/sqft
    Source: Space Coast AOR #1029176 Report a problem
    11/23/2024Contingent$775,000$391/sqft
    Source: Space Coast AOR #1029176 Report a problem
    11/9/2024Listed for sale$775,000+72.2%$391/sqft
    Source: Space Coast AOR #1029176 Report a problem
    1/14/2019Sold$450,000-3.2%$227/sqft
    Source: Space Coast AOR #831616 Report a problem
    12/15/2018Pending sale$465,000$235/sqft
    Source: RE/MAX Aerospace Realty #831616 Report a problem
    12/10/2018Listed for sale$465,000+8.8%$235/sqft
    Source: RE/MAX Aerospace Realty #831616 Report a problem
    4/4/2018Sold$427,500-0.6%$216/sqft
    Source: Public Record Report a problem
    3/23/2018Pending sale$430,000$217/sqft
    Source: Exp Realty LLC #808728 Report a problem
    3/23/2018Listed for sale$430,000+1164.7%$217/sqft
    Source: Exp Realty LLC #808728 Report a problem
    11/24/1997Sold$34,000+3%$17/sqft
    Source: Public Record Report a problem
    4/20/1995Sold$33,000$17/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,163 +76.5%$608,000 +66.2%
    2024$4,625 +1.5%$365,880 +3%
    2023$4,556 +7.3%$355,230 +3%
    2022$4,247 -4.4%$344,890 +3%
    2021$4,443 +0.8%$334,850 +1.4%
    2020$4,407 -19.8%$330,230 -9.8%
    2019$5,494 $366,230 +52.6%
    2018$5,494 +65.6%$240,050 +2.1%
    2017$3,318 -1.1%$235,120 +2.1%
    2016$3,357 +9.6%$230,290 +0.7%
    2015$3,062 -0.9%$228,690 +0.8%
    2014$3,089 $226,880 -4.4%
    2013-- $237,310 +8%
    2012$3,190 -0.4%$219,800 -8.4%
    2011$3,204 +10.2%$239,840 -16%
    2010$2,907 +9%$285,480 -6.3%
    2009$2,666 -0.1%$304,640 -19%
    2008$2,667 -2.7%$376,000 -10%
    2007$2,741 -8.3%$418,000 -6.6%
    2005$2,988 -2.8%$447,670 +31.3%
    2004$3,075 -2.4%$340,890 +20.4%
    2003$3,150 +2.8%$283,030 +32.6%
    2002$3,063 +2.3%$213,390 +10.5%
    2001$2,994 +29.6%$193,030 +19.6%
    2000$2,311 $161,400

    Find assessor info on the county website

    Neighborhood: 32951

    Nearby schools

    GreatSchools rating
    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.

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    Estimated market value
    $796,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $796,900