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$660,000   Price Analysis
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505 Poinsettia Rd
Melbourne Beach, FL 32951
3 bed 2 bath 1,380 SqFt ($478/SqFt)
0.29 acre lot. Built 1957
Listed 2024-05-01, Taxes $5,772
Ⓧ USDA Ineligible
due to location

near Melbourne Beach

Welcome to this pretty midcentury modern gem in the highly desirable Island Shores of Melbourne Beach

Nestled between the quaint downtown areas of Melbourne Beach and Indialantic and two blocks from the beach. This solid concrete block home sits on an oversized 0.29-acre lot and features replaced plumbing throughout (2020), mature landscaping, an open floor plan, granite countertops, newer HVAC and luxury vinyl plank flooring throughout. Meticulously maintained, this home is ready for you to move in.

Step outside to find a massive screened-in lanai with a stunning tongue-an d-groove ceiling, offering plenty of space to add a pool. The expansive backyard, adorned with mature oak trees, provdes a private oasis for relaxation and entertainment. Melbourne Beach is known for its exclusivity and charm, making this location a rare find. With no HOA and no rental restrictions, the possibilities are endless. Don't miss your chance to own a piece of paradise in this prime location.


Presented by Sarah Rekab at
Blue Marlin Real Estate.
Listing Agent Photo

Property MLS #1012503 from SpaceCoast

Bedrooms: 3

Total Bathrooms: 2
Full Bathrooms: 2

Ceiling Fan(s)
Eat-in Kitchen
Open Floorplan
Primary Downstairs
Walk-In Closet(s)
Flooring: Tile, Vinyl

Dishwasher
Dryer
Electric Range
Electric Water Heater
Microwave
Refrigerator
Washer

Cooling Features: Central Air
Heating Features: Central, Electric
Heating: Yes

Courtyard
Patio And Porch Features: Covered, Rear Porch, Screened
Road Surface Type: Asphalt

Lot Size Acres: 0.29
Lot Size Square Feet: 12632

Garage Spaces: 1
Parking Features: Additional Parking, Garage

Elementary School: Gemini
High School: Melbourne

Gemini Elementary School is a public elementary school located approximately 1.6 miles away.
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Herbert C. Hoover Middle School is a public middle school located approximately 1.9 miles away.
directions icon Map directions

Melbourne Senior High School is a public high school located approximately 3.5 miles away.
directions icon Map directions

Diamond Community School is a private elementary, middle and high school located approximately 2.4 miles away.
directions icon Map directions

Association Amenities: Beach Access
Calculated Total Monthly Association Fees: 0
Pet Description: Cats OK, Dogs OK
Cats Allowed: Yes
Dogs Allowed: Yes

Annual Tax Amount: 6398.319999999
Source Listing Status: Active
County: Brevard
Current Use: Residential, Single Family
Directions: South on A1A to right on Miami Ave., turn left on first cross street onto Shannon Ave.then turn right on Poinsettia
Tax Year: 2023
Source Property Type: Residential
Area: 384-Indialantic/Melbourne Beach
MLS Area Minor: 384-Indialantic/Melbourne Beach
Source Neighborhood: Island Shores of Melbourne Beach
Parcel Number: 28-38-06-75-00005.0-0003.00
Subdivision: Island Shores of Melbourne Beach
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$322,200
$5,772
2021$52,910 + $240,000
$292,910
$4,970
2020$56,770 + $240,000
$296,770
$5,068
2019$80,090 + $200,000
$280,090
$4,900
2018$63,340 + $200,000
$263,340
$4,679
2017$66,460 + $200,000
$266,460
$4,779
2016$unknown + $unknown
$150,260
$2,108
2015$unknown + $unknown
$149,220
$2,140
2014$unknown + $unknown
$148,040
$2,143
2013$unknown + $unknown
$145,860
$2,157
2012$unknown + $unknown
$143,430
$2,110
2011$unknown + $unknown
$139,260
$2,000
2010$unknown + $unknown
$137,210
$1,808
2009$unknown + $unknown
$133,610
$1,643
2008$unknown + $unknown
$133,480
$1,564
2007$unknown + $unknown
$129,600
$1,684

Listed 2024-05-01
$660,000
SpaceCoast
Listed 2024-05-01
$660,000
StellarMLS
Listing removed 2024-01-18
$2,500
SpaceCoast
Listing removed 2023-05-05
$0
SpaceCoast
Listed for rent 2023-05-02
$3,500
SpaceCoast
Listing removed 2016-12-17
$2,500
SpaceCoast
Listed for rent 2016-12-06
$3,000
SpaceCoast
Sold 2016-10-31
$320,000
Public Record
Sold 2000-10-26
$153,000
Public Record
Sold 2000-04-27
$130,000
Public Record
Sold 1996-12-31
$114,000
Public Record
Sold 1974-08-01
$150,000
Public Record

Total Square Feet Living: 1380
Year Built: 1957
Construction Materials: Block, Concrete
Property Age: 67
Roof: Shingle

Cable Connected
Electricity Connected
Sewer Connected
Water Connected
Water Source: Public
Click Thumbnail Images To View Full Size
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laundry_roomporchporchhouse_viewyard
yardyardporchunknownunknown
unknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.