1 / 39
For SaleSingle Family Home
$500K
5334 Tay Court, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Indian Landing Phase 1
3
Bedrooms
2
Bathrooms
1,389
Sq Ft
2001
Year Built
$360 /sqft

About This Property

Description from listing agent

Beautifully maintained former model patio home in an upscale, gated community. Tucked at the end of a quiet cul-de-sac, this move-in ready, fully furnished home offers both privacy and convenience, just steps from the community pool and deeded beach access. Additionally, the community offers shared tennis courts as well as a fishing pier on the intracoastal. Other features include an enclosed, conditioned sunroom for year-round enjoyment, all appliances conveying, accordion storm shutters, a newer impact garage door, and thoughtful upgrades throughout. Light, bright, and turnkey--perfect as a primary residence or coastal retreat. Enjoy resort-style living with premium amenities in a prime location.

Space Coast Context

🚀 Launch Viewing — Fair Views

40.9 mi from SLC-40

40.9 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris11.5 mi~26 min
Northrop12.8 mi~29 min
Blue Origin34.4 mi~1h 17m
Lockheed35.9 mi~1h 20m
SpaceX36.1 mi~1h 20m
Boeing/KSC38.7 mi~1h 26m
KSC39.5 mi~1h 28m

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 2/4/26
    Listed
    $500K
    $360/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Based on 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
At market value
Median comparable close price: $495,000
Typical Offer Discount
94.0% of list price
At that rate, a competitive offer ≈ $469,935
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 2 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.1 acres (4,356 sqft)
Full Baths
2
Total Rooms
6
Garage
2 car (attached)
HOA Fee
$324/mo
Days on Market
137
MLS Area
385 - South Beaches

Community & HOA

HOA

  • Name: Indian Landing
  • Fee: $324 / monthly

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Feb 4, 2026
Parcel #
29-38-10-80-0000b.0-0001.00
$500K

Listing Agent (for property info)

D
Danita Bell
RE/MAX Aerospace Realty
321-243-3037
Call Listing Agent

Estimated Monthly Payment

$3,608/mo
Principal & interest
$2,634
Property taxes
$500
Insurance & HOA
$474

Based on a 6.90% rate, 30-year loan, and $500K price — down payment shown: $100,000.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1068469

Interested in this property?

Equal Housing Opportunity

MLS# 1068469 · Listing Broker: RE/MAX Aerospace Realty · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.