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For SaleSingle Family Home
$1.1M
412 Magnolia Avenue, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Island Shores of Melbourne Beach
3
Bedrooms
3
Bathrooms
2,329
Sq Ft
1971
Year Built
$466 /sqft

About This Property

Description from listing agent

Step inside this Palm Beach-inspired masterpiece, where every detail has been reimagined with sophisticated, high-end finishes. Stripped down to the studs and rebuilt to perfection, this beautiful home offers smooth, designer surfaces and premium touches--from the bespoke door hardware & lighting to the elegant engineered hardwood floors and custom zellige tile. The heart of the home is the expansive open kitchen which is a chef's dream, featuring *upgraded natural quartz countertops and a full-tile backsplash *New top-of-the-line appliances including dedicated wine & beverage refrigerators. *Seamless flow into the living spaces, perfect for entertaining. Luxury living in the newly completed primary suite serves as a private sanctuary, offering dual walk-in closets and a spa-like bath with a zero-entry shower and a freestanding soaking tub. The thoughtful split floor plan ensures privacy, including an additional en-suite bedroom. Outdoor elegance & utility in the newly added

Space Coast Context

🚀 Launch Viewing — Good Views

33.6 mi from SLC-40

33.6 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
L3Harris4.6 mi~10 min
Northrop5.2 mi~12 min
Blue Origin27.3 mi~1h 1m
SpaceX28.7 mi~1h 4m
Lockheed28.7 mi~1h 4m
Boeing/KSC31.1 mi~1h 9m
KSC31.8 mi~1h 11m

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
  • 4/29/26
    Listed
    $1.1M
    $466/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

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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
0.37 acres (16,117 sqft)
Full Baths
3
Garage
2 car (attached)
Fireplaces
1
Days on Market
58
MLS Area
384-Indialantic/Melbourne Beach

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
May 19, 2026
Parcel #
28-38-06-75-00009.0-0009.00
$1.1M

Listing Agent (for property info)

T
Tracey A. Armstrong
Waterman Real Estate
321-795-1713
Call Listing Agent

Estimated Monthly Payment

$6,952/mo
Principal & interest
$5,717
Property taxes
$1,085
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $1.1M price — down payment shown: $217,000.

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# 1075964

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Equal Housing Opportunity

MLS# 1075964 · Listing Broker: Waterman Real Estate · 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.