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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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    $5,741/mo

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    What's special

    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.

    Zillow last checked:

    Source: Engel & Volkers,MLS#: 1027987MLS Logo

    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

    DateEventPrice
    3/14/2025Sold$825,000-2.9%
    Source: Public Record Report a problem
    1/16/2025Price change$849,982-5%
    Source: Engel & Volkers #1027987 Report a problem
    10/26/2024Listed for sale$894,982
    Source: Engel & Volkers #1027987 Report a problem
    10/14/2024Listing removed$894,982
    Source: Engel & Volkers #1025757 Report a problem
    10/12/2024Listed for sale$894,982+155.7%
    Source: Engel & Volkers #1025757 Report a problem
    5/7/2012Sold$350,000-5.9%
    Source: Public Record Report a problem
    12/9/2011Listed for sale$371,982
    Source: MWB Real Estate Venture, Inc. dba Tropic Coast Realty #629716 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $863,700
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    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