For sale

$429,000

5523 Cord Grass Ln, Melbourne Beach, FL 32951

3beds

1,431sqft

$3,085/mo

Get pre-qualified

Townhouse

Built in 1998

4,356 Square Feet Lot

$421,400 Zestimate^®

$300/sqft

$325/mo HOA

What's special

Open floor planTile floor throughoutHurricane shuttersEquipped with solar panels

The Florida lifestyle you've been waiting for in this highly sought-after gated beach community! This beautiful concrete block home features an open floor plan, tile floor throughout, 2020 HVAC system, and hurricane shutters for ultimate peace of mind. Beautiful driveway and patio pavers highlight the private, covered outdoor living space. Equipped with solar panels for rock bottom electric costs, this property is ideal as a primary residence, vacation getaway, or smart investment, offering a one-month minimum rental policy to easily generate seasonal income. Enjoy low HOA fees with access to robust amenities, including gated deeded beach access, heated pool and pavilion, clay tennis courts, river fishing pier/ boardwalk for scenic nature walks. A few miles south, the 68-acre Community Pk adds to the vibrant lifestyle with dog park, local community events, and live concerts. Combining pristine beachside living with riverfront tranquility, this property delivers exceptional value!

17 days

1,256

51

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Has Heating (Unspecified Type)

Cooling

Has cooling: Yes

Appliances

Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer

Features

Walk-In Closet(s)
Flooring: Tile
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,431
Total interior livable area: 1,431 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Attached, Garage, Gated, Off Street
Has garage: Yes

Features

Patio & porch: Patio

Lot

Size: 4,356 Square Feet

Details

Parcel number: 29381078D2

Construction

Type & style

Home type: Townhouse
Property subtype: Townhouse

Materials

Roof: Tile

Condition

Year built: 1998

Community & HOA

Community

Features: Tennis Court(s)
Subdivision: Ocean Garden Village of S Shores Phase 1 and P

HOA

Has HOA: Yes
HOA fee: $325 monthly

Location

Region: Melbourne Beach

Financial & listing details

Price per square foot: $300/sqft
Tax assessed value: $407,280
Annual tax amount: $3,282
Date on market: 7/30/2026
Lease term: Contact For Details

Estimated market value

$421,400

$400,000 - $442,000

$2,481/mo

Price history

Date	Event	Price
7/30/2026	Listed for sale	$429,000+68.2%$300/sqft
Source: Engel & Volkers #1083446 Report a problem
9/24/2015	Sold	$255,000-28.2%$178/sqft
Source: Space Coast AOR #735758 Report a problem
4/18/2013	Listing removed	$1,300$1/sqft
Source: South Island Real Estate Corp. #665149 Report a problem
4/12/2013	Listed for rent	$1,300$1/sqft
Source: South Island Real Estate Corp. #665149 Report a problem
6/10/2005	Sold	$355,000+163.2%$248/sqft
Source: Public Record Report a problem
9/25/1998	Sold	$134,900$94/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,282 +7.1%	$251,260 +2.9%
2024	$3,065 +1.8%	$244,180 +3%
2023	$3,011 +7.5%	$237,070 +3%
2022	$2,801 -3.8%	$230,170 +3%
2021	$2,911 +3.2%	$223,470 +3.1%
2020	$2,821 +1.7%	$216,660 +2.3%
2019	$2,773	$211,790 +1.9%
2018	$2,773 -0.3%	$207,850 +2.1%
2017	$2,781 -1.1%	$203,580 +2.1%
2016	$2,811 -1.7%	$199,400 +2.6%
2015	$2,861 -15%	$194,360 +7.5%
2014	$3,364	$180,850 +10%
2013	--	$164,410 +4.1%
2012	$2,781 +1.7%	$158,010 +1.7%
2011	$2,735 -4.2%	$155,300 -11.7%
2010	$2,855 -25.6%	$175,900 -29.6%
2008	$3,836 -4.1%	$250,000 -4.9%
2007	$4,000 +1.2%	$263,000 +25.3%
2005	$3,954 +25%	$209,820 +22.2%
2004	$3,164 +13.7%	$171,680 +15.7%
2003	$2,783 +6.8%	$148,410 +25.7%
2002	$2,606 +5.5%	$118,030 +1.2%
2001	$2,470 +22%	$116,610 +16.7%
2000	$2,025	$99,960

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

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.

See how much you could borrow to make a competitive offer.

Get pre-qualified

Climate risks

Neighborhood: 32951

Getting around

2 / 100

Car-Dependent

35 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

10/10
Gemini Elementary School
Grades: PK-6Distance: 6.4 mi
7/10
Herbert C. Hoover Middle School
Grades: 7-8Distance: 9.8 mi
6/10
Melbourne Senior High School
Grades: 9-12Distance: 10.6 mi

Schools provided by the listing agent

Elementary: Gemini
Middle: Hoover
High: Melbourne

Source: Engel & Volkers. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.