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: 2/14/2026

Description

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.

More Information MLS# 1061943

Contract Information

Start Showing Date: 2025-11-13 Comp Sale YN: No Current Price: $1,800,000 Original List Price: 1800000 List Price: $1,800,000 Status: Active Listing Contract Date: 2025-11-12 Property Sub Type: Single Family Residence

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 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.

General Property Information

Accessory Dwelling Unit Y/N: No Bathrooms Half: 1 Living Area: 3450 Living Area Source: Owner Building Area Total: 5384 Lot Size Acres: 0.3 Lot Size Square Feet: 13068 Accessibility Features YN: No Association YN: No New Construction YN: Yes Estimated Completion Date: 2026-01-31 Garage YN: Yes Garage Spaces: 3 Carport YN: No Waterfront YN: No Land Lease YN: No Senior Community YN: No CDD Fee YN: No Community Fee(s) YN: No Water Body Access YN: No Furnished: Unfurnished Stories: 2 Entry Level: 1 Direction Faces: South Pool Private YN: Yes List Price/SqFt: 521.74 Bedrooms Total: 5 Bathrooms Total: 4 Bathrooms Full: 3 Year Built: 2025

Remarks and Miscellaneous

Public Remarks: 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.

Appliances

Dishwasher: 1 Disposal: 1 Electric Range: 1 Refrigerator: 1

Architectural Style

Contemporary: 1

Closing Company Details

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

Construction Materials

Concrete: 1

Cooling

Central Air: 1

Current Use

Residential: 1

DPR Eligible

DPR Eligible: No

Electric

200+ Amp Service: 1

Exterior Features

Balcony: 1 Impact Windows: 1 Outdoor Kitchen: 1 Other: 1

Fencing

Privacy: 1

Fireplace Features

Electric: 1

Flooring

Other: 1

Heating

Central: 1

Interior Features

Breakfast Bar: 1 Ceiling Fan(s): 1 Eat-in Kitchen: 1 His and Hers Closets: 1 Kitchen Island: 1 Pantry: 1 Primary Bathroom - Tub with Shower: 1 Primary Bathroom -Tub with Separate Shower: 1 Split Bedrooms: 1 Walk-In Closet(s): 1

Laundry Features

In Unit: 1

Legal Details

Permission Granted to Advertise: Yes

Levels

Two: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Other: 1

Parking Features

Attached: 1 Garage: 1 Garage Door Opener: 1

Patio And Porch Features

Covered: 1 Deck: 1 Patio: 1 Porch: 1

Pets Allowed

Yes: 1

Pool Features

In Ground: 1

Possession

Close Of Escrow: 1

Road Frontage Type

City Street: 1

Road Surface Type

Asphalt: 1

Roof

Metal: 1

Sewer

Public Sewer: 1

Special Listing Conditions

Standard: 1

Utilities

Cable Available: 1 Electricity Connected: 1 Sewer Connected: 1 Water Connected: 1

View

Other: 1

Water Source

Public: 1

Showing Requirements

Appointment Only: 1

Property Condition

Under Construction: 1

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

Status Change Information

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

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
Listing Office: Palm Realty Properties, LLC
Last Updated: February - 14 - 2026
Information is deemed to be reliable, but is not guaranteed.

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