Nestled just five houses from the ocean, this incredible 4-bedroom, 2.5-bath custom-built pool home offers over 2,400 sq ft of living space. Designed with both relaxation and entertainment in mind, it boasts formal living, dining, and family rooms, creating an ideal setting for gatherings. A charming covered breezeway connects to the versatile fourth bedroom, offering ultimate privacy—perfect for a workshop, office, exercise room, craft space, or even a teen hangout or man cave. The home sits on a 1/3-acre lot with ocean-to-river access, and its fully fenced yard includes a parking pad for your boat or RV.
Step outside and discover your private oasis, with an oversized pool, a gazebo, a firepit, and ample space for outdoor fun. The coral wall, hand-built by the original owner, features a hidden room—a whimsical clubhouse or secret hideaway for the kids. Open sliders reveal the sprawling backyard and pool area, where you can enjoy cool ocean breezes under the breezeway while watching the game. This updated home, only the second ever owned, is perfectly located with semi-private beach access just at the end of the street, plus easy access to Gemini Elementary, Flutie Field, shopping, and more. Whether you're seeking a family home or a fantastic Airbnb opportunity, this property offers endless potential and charm.
Sold for $825,000
$825,000
218 5th Ave, Melbourne Beach, FL 32951
4beds
3baths
--sqft
Single Family Residence
Built in 1998
-- sqft lot
$863,700 Zestimate®
$--/sqft
$4,424 Estimated rent
Home value
$863,700
$786,000 - $950,000
$4,424/mo
Zestimate® history
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Source: Engel & Volkers,MLS#: 1027987
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Property
Details
- Parcel number: 283808FY2427
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1998
Community & HOA
Location
- Region: Melbourne Beach
Financial & listing details
- Tax assessed value: $778,230
- Annual tax amount: $11,481
- Date on market: 10/26/2024
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 3/14/2025 | Sold | $825,000-2.9% |
Source: Public Record Report a problem | ||
| 1/16/2025 | Price change | $849,982-5% |
Source: | ||
| 10/26/2024 | Listed for sale | $894,982 |
Source: | ||
| 10/14/2024 | Listing removed | $894,982 |
Source: | ||
| 10/12/2024 | Listed for sale | $894,982+155.7% |
Source: | ||
| 5/7/2012 | Sold | $350,000-5.9% |
Source: Public Record Report a problem | ||
| 12/9/2011 | Listed for sale | $371,982 |
Source: MWB Real Estate Venture, Inc. dba Tropic Coast Realty #629716 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,481 +1.3% | $778,230 -7.9% |
| 2024 | $11,333 +5.8% | $845,420 +3.5% |
| 2023 | $10,717 +11.2% | $816,520 +13.4% |
| 2022 | $9,635 +13.5% | $719,900 +42.7% |
| 2021 | $8,492 +5.5% | $504,450 +6.3% |
| 2020 | $8,046 -1.2% | $474,350 +0.9% |
| 2019 | $8,146 | $470,190 +2.1% |
| 2018 | $8,146 +5.4% | $460,490 +5.5% |
| 2017 | $7,730 +6.9% | $436,550 +12% |
| 2016 | $7,228 +5.4% | $389,710 +21.8% |
| 2015 | $6,855 +14.9% | $320,060 +10% |
| 2014 | $5,963 | $290,970 +10% |
| 2013 | -- | $264,520 +10.7% |
| 2012 | $2,526 +5.3% | $238,900 -1.9% |
| 2011 | $2,399 +11.1% | $243,580 -14.7% |
| 2010 | $2,159 +10% | $285,440 -8.8% |
| 2009 | $1,962 +5.1% | $313,020 -10.3% |
| 2008 | $1,866 -5.4% | $349,000 -8.4% |
| 2007 | $1,972 +0.5% | $381,000 +5.4% |
| 2005 | $1,961 -3.1% | $361,400 +30.1% |
| 2004 | $2,023 -3.8% | $277,680 +24.8% |
| 2003 | $2,103 +2.9% | $222,520 +12.8% |
| 2002 | $2,045 +2% | $197,230 +12.5% |
| 2001 | $2,004 +4.3% | $175,280 +10.9% |
| 2000 | $1,921 | $158,040 |
Find assessor info on the county website
Neighborhood: 32951
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Nearby schools
GreatSchools rating
- 10/10Gemini Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 6/10Herbert C. Hoover Middle SchoolGrades: 7-8Distance: 2.8 mi
- 6/10Melbourne Senior High SchoolGrades: 9-12Distance: 4.3 mi
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Estimated market value
$863,700
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
$863,700
- Florida
- Brevard County
- Melbourne Beach
- 32951
- 218 5th Ave