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For SaleSingle Family Home
$799K
180 5th Street, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Averill Farms Subd
4
Bedrooms
3
Bathrooms
3,081
Sq Ft
1964
Year Built
$259 /sqft

About This Property

Description from listing agent

Every now and then, a truly special property comes along.. This is definitely one of them! Tucked near the end of a quiet dead-end street, this island style retreat is surrounded by nature, with a 100-acre preserve immediately to the south and additional protected lands, in both directions along the ocean, where you enjoy your own private path to the edge of the Atlantic. This private address also features direct access to the Indian River from a community dock with your own private boat slip & lift, creating the ideal setting for an active coastal lifestyle. Inside, an open, airy floor plan and lush tropical landscaping outside combine to create a relaxed island feel to enjoy day after day. Expanded with a second-floor primary suite in 1985 and updated again in 2005, it also features a new roof and A/C in 2023. Located just ½ mile from Publix, between two golf courses and only minutes from downtown Melbourne Beach this is the perfect blend of privacy, nature, boating and convenience!

Space Coast Context

🚀 Launch Viewing — Fair Views

37.2 mi from SLC-40

37.2 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris7.8 mi~17 min
Northrop8.9 mi~20 min
Blue Origin30.8 mi~1h 9m
Lockheed32.3 mi~1h 12m
SpaceX32.4 mi~1h 12m
Boeing/KSC34.9 mi~1h 18m
KSC35.6 mi~1h 19m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 8/25/26
    Listed
    $799K
    $259/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.21 acres (9,148 sqft)
Full Baths
3
Garage
2 car
Days on Market
1
MLS Area
385 - South Beaches

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Aug 28, 2026
Parcel #
28-38-28-Gd-0000j.0-0005.01
$799K

Listing Agent (for property info)

D
David Settgast
One Sotheby's International
321-543-1187
Call Listing Agent

Estimated Monthly Payment

$5,159/mo
Principal & interest
$4,210
Property taxes
$799
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $799K price — down payment shown: $159,800.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1085964

What's Nearby

grocery
Publix
0.7 mi away
fire stations
South Beach Fire / Rescue Station 64
1.6 mi away
restaurants
El Super Mofongo Resbaloso
1.9 mi away
restaurants
El Platanito
2.0 mi away
government
Malabar Town Hall
2.2 mi away
government
Council Chambers
2.2 mi away
government
Town Administrators Office
2.2 mi away
government
Malabar Public Works Complex
2.2 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1085964 · Listing Broker: One Sotheby's International · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.