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$1,800,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 3,450 Sq. Ft.
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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.

Full Property Details for 508 Magnolia Ave

General

  • Price: $1,800,000
  • Taxes: (2023)
  • Status: Active
  • Type: Single Family
  • Source: BrevardCounty
  • MLS ID: 1061943
  • Updated: 11/12/2025
  • Added to Site: 66 day(s) ago

Interior

  • 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)
  • Fireplace: Yes
  • Fireplace(s): Electric
  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Other

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: In Unit

Additional Information

  • Pool: Yes
  • Pool Description: In Ground

Exterior

  • Exterior Features: Balcony, Outdoor Kitchen, Other, Impact Windows
  • Porch/Patio/Deck: Covered, Deck, Patio, Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Parking Features: Attached, Garage, Garage Door Opener

Location

  • Area: 384-Indialantic/Melbourne Beach
  • County: Brevard
  • Subdivision: Island Shores of Melbourne Beach
  • Driving 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.
  • Direction Faces: South

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 Connected, Sewer Connected, Water Connected

Structural Information

  • Architectural Style: Contemporary
  • Exterior Const.: Concrete
  • Roof: Metal
  • Stories/Levels: 2
  • Square Feet: 3,450
  • Living Area: 3,450 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 2025
  • Property Condition: Under Construction

Lot Features

  • Property View: Other
  • Lot Size (Acres): 0.3
  • Lot Size (Sq. Ft.): 13,068
  • Frontage: City Street
  • Street/Road Desc.: Asphalt
  • Lot Features: Other
  • Fencing (Description): Privacy

Financial Considerations

  • Price Per Sq. Ft.: $521.74
  • Tax Year: 2023
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 28-38-06-75-00003.0-0012.00

Listed by Palm Realty Properties, LLC

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Listing agent

— 508 Magnolia Ave —

  • Palm Realty Properties, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 508 Magnolia Ave

School District:Brevard County School District
NameGradesDistance
Gemini Elementary School
2100 Oak Street, Melbourne Beach, FL 32951
K-61.7 mi
Herbert C. Hoover Middle School
2000 Hawk Haven Drive, Indialantic, FL 32903
7-81.8 mi
Melbourne Senior High School
74 Bulldog Boulevard, Melbourne, FL 32901
9-123.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 508 Magnolia Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/12/2025
Listed
$1,800,000
547.48%
MLS
9/12/2014
Sold
$278,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 508 Magnolia Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,249
-4%
$194,280
-44%
2024
$2,340
3%
$344,620
85%
2023
$2,261
-40%
$186,200
-33%
2022
$3,750
-3%
$276,470
3%
2021
$3,868
—
$268,420
1%
2021
$3,868
1%
$264,720
2%
2019
$3,820
1%
$258,770
2%
2018
$3,794
1%
$253,950
2%
2017
$3,744
-2%
$248,730
2%
2016
$3,832
-2%
$243,620
1%
2015
$3,892
-2%
$241,930
19%
2014
$3,973
93%
$202,700
45%
2013
$2,055
—
$140,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Palm Realty Properties, LLC

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508 Magnolia Avenue, Melbourne Beach, FL 32951 (MLS# 1061943) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 508 Magnolia Avenue is currently listed for $1,800,000 and was received on November 12, 2025. Want to learn more about 508 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.

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