Skip main navigation
For sale
  • Price increase: $45K (3/31)
    $820,000

    125 Margarita Rd, Melbourne Beach, FL 32951

    4beds
    1,981sqft
    : 
    Single Family Residence
    Built in 1998
    0.26 Acres Lot
    $781,000 Zestimate®
    $414/sqft
    $5/mo HOA

    What's special

    Renovated kitchenStunning courtyard pool homeGas stoveBeautifully updated en-suite bathQuartz countertopsBright open floor planCustom cabinetry
    Private coastal oasis--this stunning courtyard pool home offers the ideal blend of comfort, style, and versatility. The main residence features 3 bedrooms and 2 baths with a bright, open floor plan, soaring vaulted ceilings, and seamless indoor-outdoor living. A separate guest suite with private entrance-- with its own bedroom/office and full bath--makes this home perfect for visitors, multi-generational living, or a private workspace. The spacious primary suite boasts a beautifully updated en-suite bath, creating a relaxing retreat. At the heart of the home, the renovated kitchen shines with a gas stove, custom cabinetry, quartz countertops, and a large island that flows into the dining area. Step outside to your enclosed saltwater pool paradise. The expansive covered lanai extends your living space year-round, perfect for entertaining or unwinding in the coastal breeze. Recent upgrades provide peace of mind, including a 2017 roof, 2018 HVAC, Generator, shutters, pool resurfacing.
    12 days
    |
    1,388
    |
    43
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2026 at 05:21pm

    Listed by:

    Joanie Shepherd 321-243-5688,

    Prominent Properties of FL,LLC

    Source: Space Coast AOR,MLS#: 1072494

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central, Electric, Heat Pump
      Cooling
      • Central Air, Electric, Multi Units, Split System
      Appliances
      • Included: Convection Oven, Dishwasher, Disposal, Gas Oven, Microwave, Water Softener Owned
      • Laundry: In Unit
      Features
      • Breakfast Bar, Ceiling Fan(s), Guest Suite, In-Law Floorplan, Kitchen Island, Open Floorplan, Primary Bathroom - Shower No Tub, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s)
      • Flooring: Tile, Vinyl
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,981 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage, On Street
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: Accessible Central Living Area, Accessible Common Area, Accessible Entrance
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Porch, Screened
      • Exterior features: Courtyard, Outdoor Shower, Storm Shutters
      • Has private pool: Yes
      • Pool features: In Ground, Salt Water, Screen Enclosure, Waterfall
      • Fencing: Back Yard,Full,Privacy
      • Has view: Yes
      • View description: Pool, Trees/Woods
      Lot
      • Size: 0.26 Acres
      • Dimensions: 75 x 150
      • Features: Sprinklers In Front, Sprinklers In Rear
      Details
      • Additional parcels included: 2956090
      • Parcel number: 2938237600021.00031.00
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete, Stucco
      • Roof: Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Electric: Whole House Generator
      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Propane

      Community & HOA

      Community
      • Subdivision: Floridana Beach 5th Addn
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Access, Clubhouse, Park, Playground
      • Services included: Other
      • HOA fee: $65 annually
      • HOA name: FBCA
      Location
      • Region: Melbourne Beach

      Financial & listing details

      • Price per square foot: $414/sqft
      • Tax assessed value: $641,810
      • Annual tax amount: $8,162
      • Date on market: 3/31/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $781,000

        $742,000 - $820,000

        $4,102/mo

        Price history

        Price history
        DateEventPrice
        3/31/2026Price change$820,000+5.8%$414/sqft
        Source: Space Coast AOR #1072494 Report a problem
        1/1/2025Pending sale$775,000-0.6%$391/sqft
        Source: Space Coast AOR #1029176 Report a problem
        12/31/2024Sold$780,000+0.6%$394/sqft
        Source: Space Coast AOR #1029176 Report a problem
        11/23/2024Contingent$775,000$391/sqft
        Source: Space Coast AOR #1029176 Report a problem
        11/9/2024Listed for sale$775,000+72.2%$391/sqft
        Source: Space Coast AOR #1029176 Report a problem
        1/14/2019Sold$450,000-3.2%$227/sqft
        Source: Space Coast AOR #831616 Report a problem
        12/15/2018Pending sale$465,000$235/sqft
        Source: RE/MAX Aerospace Realty #831616 Report a problem
        12/10/2018Listed for sale$465,000+8.8%$235/sqft
        Source: RE/MAX Aerospace Realty #831616 Report a problem
        4/3/2018Sold$427,500-0.6%$216/sqft
        Source: Space Coast AOR #808728 Report a problem
        3/23/2018Pending sale$430,000$217/sqft
        Source: Exp Realty LLC #808728 Report a problem
        3/23/2018Listed for sale$430,000+1164.7%$217/sqft
        Source: Exp Realty LLC #808728 Report a problem
        11/24/1997Sold$34,000+3%$17/sqft
        Source: Public Record Report a problem
        4/20/1995Sold$33,000$17/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$4,625 +1.5%$365,880 +3%
        2023$4,556 +7.3%$355,230 +3%
        2022$4,247 -4.4%$344,890 +3%
        2021$4,443 +0.8%$334,850 +1.4%
        2020$4,407 -19.8%$330,230 -9.8%
        2019$5,494 $366,230 +52.6%
        2018$5,494 +65.6%$240,050 +2.1%
        2017$3,318 -1.1%$235,120 +2.1%
        2016$3,357 +9.6%$230,290 +0.7%
        2015$3,062 -0.9%$228,690 +0.8%
        2014$3,089 $226,880 -4.4%
        2013-- $237,310 +8%
        2012$3,190 -0.4%$219,800 -8.4%
        2011$3,204 +10.2%$239,840 -16%
        2010$2,907 +9%$285,480 -6.3%
        2009$2,666 -0.1%$304,640 -19%
        2008$2,667 -2.7%$376,000 -10%
        2007$2,741 -8.3%$418,000 -6.6%
        2005$2,988 -2.8%$447,670 +31.3%
        2004$3,075 -2.4%$340,890 +20.4%
        2003$3,150 +2.8%$283,030 +32.6%
        2002$3,063 +2.3%$213,390 +10.5%
        2001$2,994 +29.6%$193,030 +19.6%
        2000$2,311 $161,400

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $5,049/mo
        Principal & interest
        $4039
        Property taxes
        $1005
        HOA Fees
        $5
        More affordability tools

          Climate risks

          Neighborhood: 32951

          Getting around

          13 / 100
          Car-Dependent
          32 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Gemini
          • Middle: Hoover
          • High: Melbourne

          Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          Local experts in 32951

          Similar homes

          Skip to the end of the carouselSkip to the beginning of the carousel