Date
Details
Price
Change
Source
6/25/2026
Listed
$624,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$624,900 Just Listed
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Property Description
Enjoy the Beach lifestyle in this Charming Pool Home in the highly desirable SOFA district (South of Fifth Ave). A short walk to the beach and river, with no HOA and short term rental friendly. A solid home with concrete block construction with some costly updates already addressed: Fully re-plumbed in 2022, new pavers installed in 2021, Pool resurfaced in 2018, Metal Roof (2015), AC (2020), water heater (2022), newly painted interior and exterior painting is in progress. New stove, refrigerator and microwave. Large lot with luscious tropical landscape and a sparkling pool with in-ground spa with plenty of space to create your very own dream backyard oasis. What a great house for entertaining or your own serene sanctuary. Imagine morning coffee by the pool or hosting pool parties, cook out and yard games. Bright and airy with lots of natural light, split floor plan, great neighborhood for walks or run, and friendly neighbors. Find out what small town living by the sea is all about
Full Property Details
Full Property Details for 506 Magnolia Ave
General
- Price: $624,900
- Taxes: $2,438 (2025)
- Status: Active
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1080949
- Updated: 6/25/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Primary Bathroom - Shower No Tub, Primary Downstairs, Split Bedrooms
- Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Garage
Additional Information
- Pool: Yes
- Pool Description: Fenced, In Ground
- Spa: Yes
- Spa Description: In Ground
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Carport Spaces: 1
- Parking Features: Additional Parking, Attached, Carport, Garage, Garage Door Opener, Off Street, Unassigned
Location
- Area: 384-Indialantic/Melbourne Beach
- County: Brevard
- Subdivision: Island Shores of Melbourne Beach
- Driving Directions: Travel North on Riverside Drive and turn Left on Magnolia Avenue, the house will be on your left
- Direction Faces: Southeast
School Information
- Elementary School: Gemini
- Middle School: Hoover
- High School: Melbourne
Community
- Pets Allowed: Yes
- Pet Restrictions: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Traditional
- Exterior Const.: Concrete, Stucco
- Roof: Metal, Shingle
- Stories/Levels: 1
- Square Feet: 1,452
- Living Area: 1,452 Sq. Ft.
- Current Bldg. Use: Single Family
- Year Built: 1957
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: Pool, Trees/Woods
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Frontage: City Street
- Street/Road Desc.: Paved
- Lot Features: Cleared
- Fencing (Description): Back Yard, Fenced, Wood
Financial Considerations
- Price Per Sq. Ft.: $430.37
- Tax Amount: $2,438.96
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 28-38-06-75-00003.0-0013.00
Listed by One Sotheby's International
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— 506 Magnolia Ave —
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Schools
Schools serving 506 Magnolia Ave
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Gemini Elementary School 2100 Oak Street, Melbourne Beach, FL 32951 | K-6 | 1.7 mi |
Herbert C. Hoover Middle School 2000 Hawk Haven Drive, Indialantic, FL 32903 | 7-8 | 1.8 mi |
Melbourne Senior High School 74 Bulldog Boulevard, Melbourne, FL 32901 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 Magnolia Ave
Tax History
Tax History for 506 Magnolia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,330
-1%
$194,690
3%
2024
$2,364
3%
$189,210
3%
2023
$2,299
13%
$183,700
17%
2021
$2,027
2%
$157,360
-3%
2022
$1,979
-2%
$162,080
10%
2021
$2,027
11%
$146,740
4%
2018
$1,832
2%
$140,780
2%
2017
$1,803
-2%
$137,890
2%
2016
$1,837
-2%
$135,060
1%
2015
$1,865
1%
$134,130
-6%
2019
$1,849
-1%
$143,450
8%
2014
$1,867
-1%
$133,070
1%
2013
$1,878
—
$131,110
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 506 Magnolia Ave
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- 1,616Sq. Ft.
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506 Magnolia Avenue, Melbourne Beach, FL 32951 (MLS# 1080949) is a Single Family property with 3 bedrooms and 2 full bathrooms. 506 Magnolia Avenue is currently listed for $624,900 and was received on June 25, 2026. Want to learn more about 506 Magnolia Avenue? Do you have questions about finding other Single Family real estate for sale in Melbourne Beach? You can browse all Melbourne Beach real estate or contact a Coldwell Banker agent to request more information.