NOW ACCEPTING BACK UP OFFERS! BEACHFRONT LIFESTYLE WITHOUT THE BEACHFRONT PRICE! 2018 BUILT! LOW MONTHLY COSTS! LOCK- & -LEAVE EASY! Perfectly positioned just STEPS from the beach, this 2018-built home delivers the kind of effortless lifestyle buyers dream about. With no HOA restrictions, very low monthly bills and an easy lock-and-leave design, this is beachside living without the stress, upkeep or carrying costs so often associated with homes this close to the ocean. Inside, soaring ceilings and luxury vinyl plank flooring create a bright, airy atmosphere, while quartz countertops, stainless steel appliances and a gas range add a refined coastal feel. Thoughtfully built for comfort, durability and efficiency, the home also features impact windows and doors, a tile roof, gas tankless water heater and 2025 HVAC condensers, helping keep insurance and maintenance costs surprisingly manageable. Set within one of the most desirable communities with quiet and beaches stretching for miles!
New Melbourne Beach, located between I-95 and the Indian River Lagoon, is a residential and waterfront Malabar neighborhood with canal-lined streets and a low-rise, coastal feel. The neighborhood’s character concentrates around Malabar Road (FL-514) near US-1, where marinas, local diners, and everyday services set a practical, salt-air rhythm. Nearby, Malabar Mo’s serves as a familiar gathering spot, while the Malabar Scrub Sanctuary adds a distinctly Florida backdrop of sandy trails and scrub habitat. Homes lean toward single-family layouts with generous yards, screened patios, and boat-friendly driveways. Days tend to revolve around paddling launches, riverfront sunsets, and quick drives to ocean beaches. The landscape reads as quiet and green, with water and conservation land shaping the pace.
Provided by Walk Score and Local Logic
Market insights
5240 Highway A1a Hwy · $799,000
DAYS ON MARKET
35 days
The average home goes pending in 61 days.
SALE-TO-LIST
97.8%
Most homes are selling 2% below list price.
LIST PRICE
$799,000
Median sale price in this area is $378,953. (53% lower than this home)
PRICE DROP
0 price drops
25% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Ceiling fans
Entrance foyer
Kitchen island
Open floor plan
Pantry
Split bedrooms
Vaulted ceilings
Walk-in closets
Bedrooms
5 bedrooms
Bathrooms
3 bathrooms (2 full, 1 half)
Kitchen
Dishwasher
Gas range
Microwave
Refrigerator
Water softener (owned)
Laundry & utility
In-unit laundry (washer and dryer)
Gas water heater
Tankless water heater
Heating & cooling
Central heating (electric)
Central air conditioning (electric)
Exterior features
Outdoor kitchen
Impact windows
Front porch
Side porch
Cleared lot
Asphalt road frontage
Home design
Single family residence
Two levels
Entry on level 1
East-facing
Parking
Attached garage
2-car garage
Additional parking
RV access/parking
Security
Smoke detectors
Construction
Block, frame, and stucco construction
Tile roof
Utilities
Aerobic septic system
Cable available
Electricity available and connected
Water available and connected
Other
Pets allowed
Electricity and solar
View estimated energy costs and solar savings for this home
The RU-1-7 single-family zoning classification encompasses lands devoted to single-family residential development of spacious character, together with such accessory uses as may be necessary or are normally compatible with residential surroundings.
Permitted uses
Include but are not limited to:
Community / recreation center
Housing-Single unit
Housing-Other
Golf related
Park & open space
Aug 18, 2017 • Final
Residential new single family residence
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
8 days above 103° expected this year, 26 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Melbourne Beach, FL • 32951
Average low and high temperatures (°F)
68
55
71
60
76
66
79
72
84
76
86
78
87
79
88
79
87
79
82
75
77
68
73
63
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
7.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5240 Highway A1a Hwy
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $598,900 and $830,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $599K to $830K.