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.
For sale
Price increase: $45K (3/31)
$820,000
125 Margarita Rd, Melbourne Beach, FL 32951
4beds
1,981sqft
Est.:
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
- 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
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Price change | $820,000+5.8%$414/sqft |
Source: Space Coast AOR #1072494 Report a problem | ||
| 1/1/2025 | Pending sale | $775,000-0.6%$391/sqft |
Source: Space Coast AOR #1029176 Report a problem | ||
| 12/31/2024 | Sold | $780,000+0.6%$394/sqft |
Source: Space Coast AOR #1029176 Report a problem | ||
| 11/23/2024 | Contingent | $775,000$391/sqft |
Source: Space Coast AOR #1029176 Report a problem | ||
| 11/9/2024 | Listed for sale | $775,000+72.2%$391/sqft |
Source: Space Coast AOR #1029176 Report a problem | ||
| 1/14/2019 | Sold | $450,000-3.2%$227/sqft |
Source: Space Coast AOR #831616 Report a problem | ||
| 12/15/2018 | Pending sale | $465,000$235/sqft |
Source: RE/MAX Aerospace Realty #831616 Report a problem | ||
| 12/10/2018 | Listed for sale | $465,000+8.8%$235/sqft |
Source: RE/MAX Aerospace Realty #831616 Report a problem | ||
| 4/3/2018 | Sold | $427,500-0.6%$216/sqft |
Source: Space Coast AOR #808728 Report a problem | ||
| 3/23/2018 | Pending sale | $430,000$217/sqft |
Source: Exp Realty LLC #808728 Report a problem | ||
| 3/23/2018 | Listed for sale | $430,000+1164.7%$217/sqft |
Source: Exp Realty LLC #808728 Report a problem | ||
| 11/24/1997 | Sold | $34,000+3%$17/sqft |
Source: Public Record Report a problem | ||
| 4/20/1995 | Sold | $33,000$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 10/10Gemini Elementary SchoolGrades: PK-6Distance: 8.7 mi
- 6/10Herbert C. Hoover Middle SchoolGrades: 7-8Distance: 12.2 mi
- 6/10Melbourne Senior High SchoolGrades: 9-12Distance: 12.9 mi
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
- Florida
- Brevard County
- Melbourne Beach
- 32951
- 125 Margarita Rd






