When was property at 231 5th Avenue built and last sold?

The property at 231 5th Avenue was built in 1964 and last sold on May 18, 2022 for $495,000.

How much is this home worth?

The estimated value of the home located at 231 5th Avenue is $0.

What are some comparable homes to 231 5th Avenue?

There are currently no comparable homes to 231 5th Avenue.

Melbourne Beach

32951

231 5th Avenue

Sold on Aug 5, 2025

Map

$660,000

● House - Off Market

231 5th Avenue

Melbourne Beach, FL 32951

3 Beds

2 Baths

1,429 Ft²

$4,192

Est. Monthly

2.10%

Cap Rate

About This Property

Experience coastal modern living in this fully remodeled pool home in charming Melbourne Beach! Only 1 block from the Atlantic, you can see the beach crossover from the front yard. New roof, new impact windows and doors. This bright and airy retreat features an all new kitchen with sleek cabinetry, quartz countertops, new stainless appliances. Both bathrooms beautifully designed with stylish finishes offering a relaxed coastal feel. Practical yet flexible floor plan with three spacious bedrooms, living room, dining room plus a flex space perfect for an office or den. Outdoor living space by the pool is a breeze with the screened-in patio, perfect for cookouts and outdoor living/dining. Separate utility room with space for work bench, hobby/craft area or storage. A coveted square corner lot, 120ft x 125ft, with plenty of room for RV and boat plus room for a home addition. Right In town,walk, bike,or golf cart to restaurants,parks,tennis courts, fishing pier, neighborhood boat ramp!

Unit Size

1,429 Ft²

Days on Market

146 days

Land Size

0.34 acres

Price per sqft

$472

Property Type

House

Property Taxes

$878

HOA Dues

Year Built

1964

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Space Coast MLS #1039780)

Price History

Date / Event	Date	Event
Aug 5, 2025	Sold	Premium
Sold
Jul 2, 2025	In contract	-
In contract
Jun 12, 2025	Relisted	$674,700
Relisted
Jun 5, 2025	In contract	-
In contract
May 21, 2025	Price Decreased	$674,700 ↓ $25K (3.6%)
Price Decreased
Mar 29, 2025	Price Decreased	$699,700 ↓ $25K (3.5%)
Price Decreased
Mar 12, 2025	Listed by Engel & Voelkers Melb Downtown	$724,700
Listed by Engel & Voelkers Melb Downtown
May 26, 2022	Sold	Premium
Sold
Sep 21, 2021	Listed by Engel & Voelkers Melb Downtown	$469,000
Listed by Engel & Voelkers Melb Downtown

Property Highlights

Parking Available

Air Conditioning

Building Info

Overview

General

Year Built: 1964

Effective Year Built: 1985
Building Count: 1
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 10
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 3
Garage Square Area: 400
Parking Space Count: 2
Patio Type: 38
Porch Type: 126
Pool Type: 8
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 14,810

Lot Size Depth Feet: 1,250
Lot Size Frontage Feet: 1,200
Total Building Area: 1,889
Gross Building Area: 1,889
Building Area: 1,269
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,269
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: WILCOX MELBOURNE BEACH
Land Acres: 0000000340
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: WILCOX MELBOURNE BEACH N 125 FT OF LOTS 1,2 BLK 27

Neighborhood

School District Name: Brevard County School District

Census Tract: 066101

Zoning

Zoning: 3RS

Geography

Assessors Map Reference: 336

Account Number: 2847984
Parcel: 28-38-08-FY-00027.0-0001.00
Block: 27
Lot: 1
Meridian: SEC 08 TWN 28S RNG 38E
Municipality: MELBOURNE BEACH
Latitude: 28.0633
Longitude: -80.5582

Address

Full Address: 231 5th Ave

Address - House Number: 231
Address - Street Name: 5th
Address - Suffix Type: Ave
State: FL
City Name: Melbourne Beach
Carrier Code: C003
4-Digit Zip Code: 2320
Zip Code: 32951

Valuation

Tax

Total Area: 1,613

Tax Year: 2022
Tax Amount: $963,723
Tax Rate Code Area: 34X0

Appraisal Valuation

Standard Deviation: 0.1969

Valuation Date: Feb 07, 2024
Confidence Score: 73
Final Value: 702,004
High Value: 840,255
Low Value: 563,754

Market Valuation

Market Total Value: $613,320

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $613,320

Sales

Current Sale Contract Date: May 18, 2022

Current Sale Recording Date: May 26, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 133437

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Melbourne Beach

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$413

Below Asking

0.02%

Average Days on Market

Average Home Size

2554 ft²

Average Home Age

51.4 years

Currently For Sale

25 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1706 Atlantic Street, Melbourne Beach, FL, 32951

$2,300 /mo

2 Beds
2 Baths
1,575 ft²

1706 Atlantic Street #3B, Melbourne Beach, FL, 32951 Listing by Eric S Van Dam

Unit for rent at 1700 Atlantic Street, Melbourne Beach, FL, 32951

$2,150 /mo

2 Beds
2 Baths
1,120 ft²

1700 Atlantic Street #1, Melbourne Beach, FL, 32951 Listing by Jody V Donnelly

Unit for rent at 3252 Sand Court, Melbourne Beach, FL, 32951

$2,150 /mo

2 Beds
1 Bath
1,148 ft²

3252 Sand Court, Melbourne Beach, FL, 32951 Listing by Laura L Dowling Roy PA

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Heather Boesch, Engel & Voelkers Melb Downtown
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1039780

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.