1 / 46
For SaleTownhouse
$429K
5523 Cord Grass Lane, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Ocean Garden Village of S Shores Phase 1 and P
3
Bedrooms
2
Bathrooms
1,431
Sq Ft
1998
Year Built
$300 /sqft

About This Property

Description from listing agent

The Florida lifestyle you've been waiting for in this highly sought-after gated beach community! This beautiful concrete block home features an open floor plan, tile floor throughout, 2020 HVAC system, and hurricane shutters for ultimate peace of mind. Beautiful driveway and patio pavers highlight the private, covered outdoor living space. Equipped with solar panels for rock bottom electric costs, this property is ideal as a primary residence, vacation getaway, or smart investment, offering a one-month minimum rental policy to easily generate seasonal income. Enjoy low HOA fees with access to robust amenities, including gated deeded beach access, heated pool and pavilion, clay tennis courts, river fishing pier/ boardwalk for scenic nature walks. A few miles south, the 68-acre Community Pk adds to the vibrant lifestyle with dog park, local community events, and live concerts. Combining pristine beachside living with riverfront tranquility, this property delivers exceptional value!

Space Coast Context

🚀 Launch Viewing — Fair Views

41 mi from SLC-40

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

Aerospace Commute Guide
L3Harris11.6 mi~26 min
Northrop12.9 mi~29 min
Blue Origin34.5 mi~1h 17m
Lockheed36.1 mi~1h 20m
SpaceX36.2 mi~1h 21m
Boeing/KSC38.8 mi~1h 26m
KSC39.6 mi~1h 28m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

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

Price History

Date
Event
Price
  • 7/26/26
    Listed
    $429K
    $300/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
0.1 acres (4,356 sqft)
Full Baths
2
Total Rooms
8
Garage
2 car (attached)
HOA Fee
$325/mo
Days on Market
27
MLS Area
385 - South Beaches

Community & HOA

HOA

  • Name: Bella Vita Property Management
  • Fee: $325 / monthly

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Jul 30, 2026
Parcel #
29-38-10-78-0000d.0-0002.00
$429K

Listing Agent (for property info)

S
Susan Ann Luderitz
Engel&Voelkers Melb Beachside
609-204-0360
Call Listing Agent

Estimated Monthly Payment

$3,164/mo
Principal & interest
$2,260
Property taxes
$429
Insurance & HOA
$475

Based on a 6.90% rate, 30-year loan, and $429K price — down payment shown: $85,800.

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# 1083446

What's Nearby

restaurants
Subway
2.1 mi away
gas stations
Marathon
2.1 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1083446 · Listing Broker: Engel&Voelkers Melb Beachside · 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.