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Off market
    • $569,200

    505 Magnolia Ave, Melbourne Beach, FL 32951

    3beds
    2baths
    2,038sqft
    SingleFamily
    Built in 1957
    0.3 Acres Lot
    $569,200 Zestimate®
    $279/sqft
    $3,138 Estimated rent

    Home value

    $569,200

    $512,000 - $626,000

    $3,138/mo

    Zestimate® history
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    What's special

    Heart of Melbourne Beach. Super clean, totally updated and ready for occupancy! Property features a split plan 3 bedroom 2 bath home with open vaulted ceilings, partly fenced backyard, back patio or grilling area, (2) car garage with shelving and work bench, extra covered parking for a trailer and/or toys, tropical landscaping with producing Mango trees, and an awesome location close to Rykman Park (playground, public pier, etc..) and all downtown Melbourne Beach has to offer (Public Library, BEACH Access', etc..). Must see. Won't last long! Professional Lawn Maintenance and Local Management Included. Agents- see remarks.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Tile, Hardwood
    Interior area
    • Total interior livable area: 2,038 sqft

    Property

    Parking
    • Parking features: Carport, Garage
    Features
    • Exterior features: Other, Cement / Concrete
    Lot
    • Size: 0.3 Acres
    Details
    • Parcel number: 2838067544

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    • Roof: Asphalt
    Condition
    • Year built: 1957

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $3 monthly
    Location
    • Region: Melbourne Beach

    Financial & listing details

    • Price per square foot: $279/sqft
    • Tax assessed value: $476,110
    • Annual tax amount: $7,087

    Price history

    DateEventPrice
    3/16/2025Listing removed$2,800$1/sqft
    Source: Space Coast AOR #1017482 Report a problem
    3/4/2025Price change$2,800-6.7%$1/sqft
    Source: Space Coast AOR #1017482 Report a problem
    1/20/2025Price change$3,000-6.3%$1/sqft
    Source: Space Coast AOR #1017482 Report a problem
    1/5/2025Listed for rent$3,200$2/sqft
    Source: Space Coast AOR #1017482 Report a problem
    12/19/2024Listing removed$3,200$2/sqft
    Source: Space Coast AOR #1017482 Report a problem
    11/11/2024Listed for rent$3,200-3%$2/sqft
    Source: Space Coast AOR #1017482 Report a problem
    6/28/2024Listing removed--
    Source: Space Coast AOR #1017482 Report a problem
    6/24/2024Listed for rent$3,300+50%$2/sqft
    Source: Space Coast AOR #1017482 Report a problem
    3/28/2020Listing removed$2,200$1/sqft
    Source: Melbourne Beach Properties,Inc #871312 Report a problem
    1/16/2020Listed for rent$2,200+22.2%$1/sqft
    Source: Melbourne Beach Properties,Inc #865261 Report a problem
    10/3/2016Listing removed$1,800-5.3%$1/sqft
    Source: Melbourne Beach Properties, Inc. Report a problem
    7/27/2014Listing removed$1,900$1/sqft
    Source: Melbourne Beach Properties,Inc #701492 Report a problem
    7/14/2014Listed for rent$1,900$1/sqft
    Source: Melbourne Beach Properties,Inc #701492 Report a problem
    6/6/2014Sold$253,000-2.3%$124/sqft
    Source: Space Coast AOR #686438 Report a problem
    4/29/2014Pending sale$259,000$127/sqft
    Source: Get Sold MLS Realty #686438 Report a problem
    4/23/2014Price change$259,000-3.7%$127/sqft
    Source: Get Sold MLS Realty #686438 Report a problem
    4/6/2014Price change$269,000-3.6%$132/sqft
    Source: Get Sold MLS Realty #686438 Report a problem
    3/8/2014Price change$279,000-3.5%$137/sqft
    Source: Get Sold MLS Realty #686438 Report a problem
    1/22/2014Listed for sale$289,000+20.9%$142/sqft
    Source: Get Sold MLS Realty #686438 Report a problem
    12/29/2003Sold$239,000$117/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,087 +6.1%$476,110 +1.8%
    2024$6,681 +2.4%$467,600 -3.7%
    2023$6,525 +7.3%$485,610 +4.7%
    2022$6,079 +15.6%$463,630 +49.4%
    2021$5,259 -1.2%$310,270 -0.6%
    2020$5,324 +3.8%$312,030 +6.3%
    2019$5,129 $293,400 +6.1%
    2018$5,129 +4.5%$276,430 -0.7%
    2017$4,908 +2.7%$278,240 +17%
    2016$4,779 +7.1%$237,810 +10.9%
    2015$4,462 +18.7%$214,410 +14.5%
    2014$3,758 $187,330 +10%
    2013-- $170,300 +6.8%
    2012$3,273 +0.4%$159,430 -0.9%
    2011$3,259 -4.9%$160,920 -12.9%
    2010$3,426 -5%$184,800 -11.1%
    2009$3,605 -5.5%$207,770 -15.7%
    2008$3,814 -18.3%$246,600 -14.8%
    2007$4,671 -10.6%$289,600 +5.6%
    2005$5,226 +54.1%$274,200 +56.4%
    2004$3,391 +161.3%$175,350 +40.4%
    2003$1,298 +3.2%$124,930 +11.8%
    2002$1,258 +2.3%$111,740 +7.8%
    2001$1,229 +4.8%$103,660 +19.1%
    2000$1,173 $87,000
    Find assessor info on the county website

    Neighborhood: 32951

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gemini
    • High: Melbourne

    Source: The MLS. 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
    $569,200
    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
    $569,200

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