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$420,000
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Property Description
Watch the sunrise on the beach and stroll the dock at sunset on the Indian River Lagoon without ever leaving the neighborhood. This rare immaculate 2-bed 2-bath villa is located in the highly desirable South Shores community. Enjoy fresh and salt-water fishing, surfing and on-site tennis plus Tuesday happy hour with neighbors at the pool cabana. Catch rocket launches right from your driveway with dolphins manatees and nesting sea turtles as part of everyday life. The protected natural setting offers clean quiet beaches with no public access for miles. Publix is just two miles away. Low HOA fees, A-rated schools and true resort-style amenities make this move-in-ready gem an exceptional find.
Full Property Details
Full Property Details for 5577 Cord Grass Ln
General
- Price: $420,000
- HOA FEE: $325/month
- Taxes: $4,983 (2025)
- Status: Active
- Type: Townhouse
- Source: BrevardCounty
- MLS ID: 1065203
- Updated: 12/31/2025
- Added to Site: 17 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Open Floorplan, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Dishwasher, Electric Oven, Electric Water Heater, Microwave, Refrigerator
- Furnishings: Negotiable
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Beach Access, Clubhouse, Gated, Maintenance Grounds, Management - Off Site, Pool, Tennis Court(s)
Exterior
- Exterior Features: Tennis Court(s)
- Porch/Patio/Deck: Screened
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage, Garage Door Opener
Location
- Area: 385 - South Beaches
- County: Brevard
- Subdivision: South Shores Phase II
- Driving Directions: From Fifth Ave go 9 miles south right on Oceanway Dr, left on Purslane Way right on Cord Grass Lane to 5577.
- Direction Faces: North
School Information
- Elementary School: Gemini
- Middle School: Hoover
- High School: Melbourne
Community
- Community Features: Beach Access, Clubhouse, Gated, Maintenance Grounds, Management - Off Site, Pool, Tennis Court(s)
- Association: Yes
- Assoc. Name: SOUTH SHORES
- Assoc. Fees Include: Maintenance Grounds, Pest Control
- Pets Allowed: Yes
- Pet Restrictions: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Other
- Exterior Const.: Block, Stucco
- Roof: Tile
- Stories/Levels: 1
- Square Feet: 1,062
- Living Area: 1,062 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1999
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Frontage: Private Road
- Street/Road Desc.: Asphalt
- Lot Features: Sprinklers In Front, Sprinklers In Rear
Financial Considerations
- Price Per Sq. Ft.: $395.48
- Association Fee: Yes
- Association Fee: $325
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,983.9
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 29-38-10-79-0000f.0-0017.00
Listed by One Sotheby's International
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Schools
Schools serving 5577 Cord Grass Ln
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Gemini Elementary School 2100 Oak Street, Melbourne Beach, FL 32951 | K-6 | 6.3 mi |
Herbert C. Hoover Middle School 2000 Hawk Haven Drive, Indialantic, FL 32903 | 7-8 | 9.7 mi |
Melbourne Senior High School 74 Bulldog Boulevard, Melbourne, FL 32901 | 9-12 | 10.5 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 5577 Cord Grass Ln
Date
Details
Price
Change
Source
12/30/2025
Listed
$420,000
50%
MLS
8/24/2020
Sold
$280,000
—
Public Record
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
Tax History for 5577 Cord Grass Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,462
-5%
$370,890
-1%
2024
$4,700
5%
$373,500
5%
2023
$4,479
23%
$355,200
41%
2021
$3,654
-11%
$252,520
-29%
2022
$4,109
12%
$356,650
56%
2021
$3,654
12%
$227,960
5%
2019
$3,271
—
$216,780
3%
2018
$3,260
—
$210,190
4%
2017
$3,274
4%
$202,660
9%
2016
$3,155
2%
$185,790
7%
2015
$3,086
47%
$173,220
16%
2014
$2,106
-1%
$149,130
1%
2013
$2,121
—
$146,930
—
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 5577 Cord Grass Ln
5577 Cord Grass Lane, Melbourne Beach, FL 32951 (MLS# 1065203) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 5577 Cord Grass Lane is currently listed for $420,000 and was received on December 30, 2025. Want to learn more about 5577 Cord Grass Lane? Do you have questions about finding other Townhouse 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.

