508 Magnolia Avenue, Melbourne Beach, FL 32951

$1,800,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 5,384 Lot Size (sq. ft.): 13,068 Status: Active
Current Price: $1,800,000 List Date: 11/12/2025 Last Modified: 4/04/2026

Overview

Description

This stunning, custom home is currently nearly completed. Built to exceed Miami-Dade standards, with poured concrete walls this home offers better insurance rates than typical homes in the area. At 3,450 square feet, this 5 bedroom, 4 bath, 3 car garage home is a two-story masterpiece. The home offers unparalleled finishes . 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 with 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. 2 additional bedrooms are on the main level along with a to die for bathroom that must be seen to be believed. Upstairs, are the 2 remaining 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. Agent must accompany.

Listing Details MLS# 1061943

General Property Information

Bedrooms Total
5
Bathrooms Total
4
Accessory Dwelling Unit Y/N
No
Bathrooms Full
3
Bathrooms Half
Yes
Living Area
3450
Living Area Source
Owner
Building Area Total
5384
Accessibility Features YN
No
New Construction YN
Yes
Estimated Completion Date
2026-04-30
Year Built
2025
Garage YN
Yes
Garage Spaces
3
Carport YN
No
Lot Size Acres
0.3
Lot Size Square Feet
13068
Land Lease YN
No
Association YN
No
CDD Fee YN
No
Community Fee(s) YN
No
Water Body Access YN
No
Waterfront YN
No
Furnished
Unfurnished
Stories
2
Entry Level
Yes
Direction Faces
South
Senior Community YN
No
Pool Private YN
Yes
List Price/SqFt
521.74

Property Features

Appliances: Dishwasher; Disposal; Electric Range; Refrigerator Architectural Style: Contemporary Construction Materials: Concrete Cooling: Central Air Current Use: Residential Electric: 200+ Amp Service Exterior Features: Balcony; Impact Windows; Outdoor Kitchen; Other Fencing: Privacy Fireplace Features: Electric Flooring: Other Heating: Central 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) Laundry Features: In Unit Levels: Two Listing Terms: Cash; Conventional Lot Features: Other Parking Features: Attached; Garage; Garage Door Opener Patio And Porch Features: Covered; Deck; Patio; Porch Pets Allowed: Yes Pool Features: In Ground Possession: Close Of Escrow Property Condition: Under Construction Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Metal Sewer: Public Sewer Showing Requirements: Appointment Only Special Listing Conditions: Standard Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected View: Other Water Source: Public

Contract Information

Original List Price
1800000
Listing Contract Date
2025-11-12
Start Showing Date
2025-11-13
Property Sub Type
Single Family Residence
Comp Sale YN
No

Location Tax and Legal

Street Number
508
Street Name
Magnolia
Street Suffix
Avenue
County
Brevard
State
FL
Postal Code
32951
MLS Area Major
384-Indialantic/Melbourne Beach
Subdivision Name
Island Shores of Melbourne Beach

Remarks and Miscellaneous

Public Remarks
This stunning, custom home is currently nearly completed. Built to exceed Miami-Dade standards, with poured concrete walls this home offers better insurance rates than typical homes in the area. At 3,450 square feet, this 5 bedroom, 4 bath, 3 car garage home is a two-story masterpiece. The home offers unparalleled finishes . 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 with 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. 2 additional bedrooms are on the main level along with a to die for bathroom that must be seen to be believed. Upstairs, are the 2 remaining 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. Agent must accompany.

Status Change Information

Major Change Timestamp
2025-11-12T19:58:40Z
Major Change Type
New Listing
Status Change Timestamp
2025-11-12

More Information

Closing Company Details

Closing Company Name
Closed Title - Amy Prvulov - 321-413-6200
Closing Company Address
5445 Murrell Rd., Suite 104, Viera, FL

DPR Eligible

DPR Eligible
No

Legal Details

Permission Granted to Advertise
Yes

Currently Not Used

Homestead YN
Yes

Location, Tax, and Legal

Tax Account
2847027
Parcel Number
28-38-06-75-00003.0-0012.00
General County Location
South
Elementary School
Gemini
Middle School
Hoover
High School
Melbourne
Tax Year
2023
Tax Legal Description
LOT 12 BLK 3
Zoning Description
Residential
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.

Appliances

Dishwasher
Yes
Disposal
Yes
Electric Range
Yes
Refrigerator
Yes

Architectural Style

Contemporary
Yes

Construction Materials

Concrete
Yes

Cooling

Central Air
Yes

Current Use

Residential
Yes

Electric

200+ Amp Service
Yes

Exterior Features

Balcony
Yes
Impact Windows
Yes
Outdoor Kitchen
Yes
Other
Yes

Fencing

Privacy
Yes

Fireplace Features

Electric
Yes

Flooring

Other
Yes

Heating

Central
Yes

Interior Features

Breakfast Bar
Yes
Ceiling Fan(s)
Yes
Eat-in Kitchen
Yes
His and Hers Closets
Yes
Kitchen Island
Yes
Pantry
Yes
Primary Bathroom - Tub with Shower
Yes
Primary Bathroom -Tub with Separate Shower
Yes
Split Bedrooms
Yes
Walk-In Closet(s)
Yes

Laundry Features

In Unit
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Other
Yes

Parking Features

Attached
Yes
Garage
Yes
Garage Door Opener
Yes

Patio And Porch Features

Covered
Yes
Deck
Yes
Patio
Yes
Porch
Yes

Pets Allowed

Yes
Yes

Pool Features

In Ground
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Roof

Metal
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

View

Other
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes

Property Condition

Under Construction
Yes
Listing Office: Palm Realty Properties, LLC
Last Updated: April - 04 - 2026
Information is deemed to be reliable, but is not guaranteed.

Compare listings

Compare