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Price Drop: $75K (10/08)
Street View
$1,575,000
Monthly Est:$7,839
5 Beds
4 Baths3 full baths + 1 half bath
3,450sqft
508 Magnolia Ave, Melbourne Beach, FL 32951
$1,575,000
$7,839/moEst:
Get Pre-Approved
Single Family Residence
Built in 2025
$-- HOA
0.3 acre lot
$457/sq.ft
Description
This stunning, custom home is currently nearing completion. Built to exceed Miami-Dade standards, with poured (ICF) concrete walls this home offers better insurance rates than typical homes in the area. At 3,450 square feet, this 5 bedroom, 4 bath, 3 car garage home is a two-story masterpiece. The home offers unparalleled finishes . 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 dream, with a massive walk-in pantry and a 4x8-foot center island with 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. 2 additional bedrooms are on the main level along with a to die for bathroom that must be seen to be believed. Upstairs, are the 2 remaining bedrooms, a bath, a bonus game/TV room and 2 decks one is a 550 sq/ft covered deck, the other is a 600sq/ft open deck. Agent must accompany.
- Houzeo last checked: 3 minutes ago
- Listing updated: October 8, 2026 at 4:15 pm
- Listing Provided by: Kerry L Klun (321) 626-5868 | Palm Realty Properties, LLC (321) 722-7777
- Source: Space Coast MLS (Space Coast Association of REALTORS®)-FL | MLS#: 1061943
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
--
Year Built
2025
HOA Fees
-
Finished Area
3,450 sqft
Lot Size
0.3 acre lot
Basement Area
- sqft
MLS Name
Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number
1061943
MLS Status
Active
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Interior
Flooring
Other
Heating
Central
Appliances
Dishwasher, Disposal, Electric Range, Refrigerator
Cooling
Central Air
Exterior Features
Balcony, Outdoor Kitchen, Other, Impact Windows
Interior Features
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)
Sewer
Public Sewer
Construction
Year Built
Year Built: 2025
Home type
Single Family Residence
Construction Materials
Concrete
Property Condition
Under Construction
Architectural Style
Contemporary
Roof
Metal
Utilities & Energy
Water Source
Public
Fireplace Features
Electric
Parking Features
Attached, Garage, Garage Door Opener
Laundry Features
In Unit
Electric
200+ Amp Service
Utilities
Cable Available, Electricity Connected, Sewer Connected, Water Connected
Pool Features
In Ground
Other Features
Patio And Porch Features
Covered, Deck, Patio, Porch
Lot Features
Other
Subdivision Name
Island Shores Of Melbourne Beach
Price History
| Date | Event | Price |
|---|---|---|
09/16/2026 Source: | Pending | $1,575,000 $457/sqft |
09/16/2026 Source: | Listed for Sale | $1,575,000 -4.55% $457/sqft |
07/01/2026 Source: | Price Decreased | $1,650,000 -8.33% $478/sqft |
11/12/2025 Source: | Listed for Sale | $1,800,000 +5.88% $522/sqft |
11/12/2025 Source: | Price Increased | $1,700,000 +13.33% $493/sqft |
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Based on information from the Space Coast MLS through Oct 08, 2026, 11:45PM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Space Coast Association of Realtors®. All Rights Reserved.
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