1 / 36
For SaleSingle Family Home
$1.4M
501 Avenue A, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Henry Whitings Melbourne Bch
3
Bedrooms
3
Bathrooms
2,973
Sq Ft
1991
Year Built
$479 /sqft

About This Property

Description from listing agent

One Block from the Ocean | Resort-Style Melbourne Beach Entertainer with Pool & Expansive Outdoor Living. Completely remodeled coastal home in historic Melbourne Beach, ideally located on a prime corner lot beside the Community Chapel. Walking distance to the Atlantic Ocean, town square, local restaurants, parks, library, everyday conveniences, and the Indian River Lagoon for kayaking, boating, and fishing. The home features a coastal interior, accordion hurricane shutters, newer AC units, and abundant parking for an RV, boat, guests, and more. Avenue A properties rarely become available--don't miss this exceptional location.

Space Coast Context

🚀 Launch Viewing — Good Views

34.1 mi from SLC-40

34.1 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
L3Harris4.8 mi~11 min
Northrop5.6 mi~12 min
Blue Origin27.8 mi~1h 2m
SpaceX29.2 mi~1h 5m
Lockheed29.2 mi~1h 5m
Boeing/KSC31.6 mi~1h 10m
KSC32.3 mi~1h 12m

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
  • 6/19/26
    Price change
    $1.4M -4.7%
    $479/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
1 reduction
Originally listed at $1,425,000 · Cut $70,000 total
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
0.41 acres (17,860 sqft)
Full Baths
2
Half Baths
1
Total Rooms
11
Garage
2 car
Fireplaces
1
Pool
Yes
Days on Market
84
MLS Area
384-Indialantic/Melbourne Beach

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
May 2, 2026
$1.4M

Listing Agent (for property info)

C
Cheryl I Gerstner
Alex MacWilliam, Inc
772-539-2100
Call Listing Agent

Estimated Monthly Payment

$9,083/mo
Principal & interest
$7,508
Property taxes
$1,425
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $1.4M price — down payment shown: $285,000.

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# 1076314

Interested in this property?

Equal Housing Opportunity

MLS# 1076314 · Listing Broker: Alex MacWilliam, Inc · 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.