508 Magnolia Avenue Melbourne Beach, FL $ 1,800,000
508 Magnolia Avenue
$ 1,800,000
New Construction
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508 Magnolia Avenue

Melbourne Beach, FL, 32951
$ 1,800,000
Bedrooms5 Baths3.1 Sq 3,450

Monthly Estimate*

$ 11,230

508 Magnolia Avenue, Melbourne Beach, FL 32951 - Image 1

Single Family Home for sale in Melbourne Beach, FL

for $1,800,000 with 5 bedrooms and 3 full baths, 1 half bath. This 3,450 square foot home was built in 2025 on a lot size of 0.3.

This stunning, custom home is currently under construction, giving you the chance to personalize your dream residence. Built to exceed Miami-Dade standards, this home offers better insurance rates than typical homes in the area. At over 3,400 square feet, this 5 bedroom, 4 bath, 3 car garage home is a two-story masterpiece. The home just finished the drywall stage so you can still select your final finishes—think paint color, kitchen finishes such as granite or quartz making it truly yours. The interior has 20-foot ceilings in the main living area and 10-foot ceilings throughout the rest of the home. The gourmet kitchen is a chef's delight, with a massive walk-in pantry and a 4x8-foot center island featuring a prep sink. The main level features a private retreat in the sumptuous master suite, offering a 5 piece en suite bath and two large walk-in closets. Upstairs, are 2 bedrooms, a bath, a bonus game room and 2 decks one is a 550 sq/ft covered deck, the other is a 600sq/ft open deck.

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Single Family Active

Price

$ 1,800,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Contemporary

Lot Size

0.3

Year Built

2025

Town/City

Melbourne Beach

County/Region

Brevard

MLS | Web ID

1061943

Features
General
Living Area 3450.0
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Metal
Appliances Dishwasher Disposal Electric Range Refrigerator
Garage Spaces 3.0
Patio/Porch Features Covered Deck Patio Porch
Architectural Style Contemporary
Pool Features In Ground
Construction Materials Concrete
Pets Allowed Yes
Year Built 2025
Electric 200+ Amp Service
View Other
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2023
Current Use Residential
Additional Parcels Description 2847027
County Brevard
New Construction Y
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Island Shores of Melbourne Beach
Facing Direction South
Garage Y/N Y
Total Rooms 0
Full Baths 3
Status Active
Directions From 192 go south to Magnolia Ave. Turn right go to Banyan Way. Turn left go to Magnolia Ave. Turn turn and continue to property.
High School Melbourne
City Melbourne Beach
Senior Community Y/N N
Zoning Description Residential
MLS Area 384-Indialantic/Melbourne Beach
Lot Size Units Acres
Lot Size Square Feet 13068.0
Carport Y/N N
Elementary School Gemini
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Hoover
Property Condition Under Construction
Lease Renewal Y/N N
MLS Area Minor 384-Indialantic/Melbourne Beach
Lease Considered Y/N N
Standard Status Active
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Interior
Interior Amenities Breakfast Bar Ceiling Fan(s) Eat-in Kitchen His and Hers Closets Kitchen Island Pantry Primary Bathroom - Tub with Shower Primary Bathroom -Tub with Separate Shower Split Bedrooms Walk-In Closet(s)
Flooring Other
Furnished Y/N Unfurnished
Fireplace Features Electric
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
Laundry Features In Unit
Total Bedrooms 5
Entry Level 1
Total Baths 4
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Exterior
Exterior Amenities Balcony Outdoor Kitchen Other Impact Windows
Fencing Privacy
Parking Features Attached Garage Garage Door Opener
Lot Features Other
Water Source Public
Lot Size Area 0.3
Spa N
Building Area Total 5384.0
Lot Size Acres 0.3
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 508
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* Excluded Features
List By
Palm Realty Properties, Llc

Broker

kerry@palmrealty.com

Email

Affordability Calculator

$11,230
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,230
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1363012 Elementary School
1363002 Middle School
Melbourne High School High School
Pricing History
DatePricePrice ChangeDescription
11/12/2025$1,800,000 Listed Price

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508 Magnolia Avenue, Melbourne Beach, FL, 32951 is a Single Family Home for sale at $1,800,000 with 3,450 sqft and a lot size of 0.3. 508 Magnolia Avenue has 5 bedrooms, 3.1 baths, and was built in 2025. The property's zip code is 32951 which is in Melbourne Beach, FL