502 Colony Street, Melbourne Beach, FL 32951
$545,000
Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
2,297
Lot Size (sq. ft.):
14,810
Status:
Closed
Current Price:
$545,000
List Date:
10/01/2023
Last Modified:
1/12/2026
Overview
Description
HUGE PRICE REDUCTION!! Incredible opportunity to own a potential gem in the heart of Melbourne Beach. HUGE corner lot with boat / RV access from North side fence. One of Brevard's most desirable and sought after neighborhoods. A diamond in the rough with sprawling private inground pool. Natural landscaping includes Sea grape trees, rocks, and an endless variety of Palms. A stones throw from beach access, Ocean Ave shops, Melbourne Beach pier and everything else that one of Floridas most iconic towns offers
Listing Details MLS# 976545
General Property Information
- Bedrooms Total
- 4
- Bathrooms Total
- 3
- Bathrooms Full
- 2
- Bathrooms Half
- Yes
- Living Area
- 2297
- Living Area Source
- Public Records
- Accessibility Features YN
- No
- New Construction YN
- No
- Year Built
- 1964
- Garage YN
- Yes
- Garage Spaces
- 2
- Carport YN
- No
- Lot Size Acres
- 0.34
- Lot Size Square Feet
- 14810.4
- Association YN
- No
- CDD Fee YN
- No
- Community Fee(s) YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Furnished
- Unfurnished
- Stories
- 2
- Direction Faces
- East
- Senior Community YN
- No
- Pool Private YN
- No
- List Price/SqFt
- 261.21
- Sold Price/SqFt
- 237.27
Property Features
Appliances:
Other
Construction Materials:
Block; Brick; Frame; Vinyl Siding
Cooling:
Electric
Current Use:
Residential
Flooring:
Terrazzo; Tile; Wood
Heating:
Electric
Interior Features:
Split Bedrooms
Laundry Features:
In Garage
Levels:
Two
Listing Terms:
Cash
Lot Features:
Corner Lot
Parking Features:
Attached
Pets Allowed:
Yes
Possession:
Close Of Escrow
Roof:
Concrete
Sewer:
Public Sewer
Showing Requirements:
24 Hour Notice; Call Listing Agent
Special Listing Conditions:
Standard
Utilities:
Cable Available
Water Source:
Public
Contract Information
- Original List Price
- 799000
- Listing Contract Date
- 2023-10-01
- Property Sub Type
- Single Family Residence
Location Tax and Legal
- Street Number
- 502
- Street Name
- Colony
- Street Suffix
- Street
- County
- Brevard
- State
- FL
- Postal Code
- 32951
- MLS Area Major
- 384-Indialantic/Melbourne Beach
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- HUGE PRICE REDUCTION!! Incredible opportunity to own a potential gem in the heart of Melbourne Beach. HUGE corner lot with boat / RV access from North side fence. One of Brevard's most desirable and sought after neighborhoods. A diamond in the rough with sprawling private inground pool. Natural landscaping includes Sea grape trees, rocks, and an endless variety of Palms. A stones throw from beach access, Ocean Ave shops, Melbourne Beach pier and everything else that one of Floridas most iconic towns offers
Status Change Information
- Major Change Timestamp
- 2024-08-17T18:09:42Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2024-05-04T18:00:13Z
- Status Change Timestamp
- 2024-08-17
- Purchase Contract Date
- 2024-05-22
- Close Date
- 2024-08-16
- Close Price
- 545000
More Information
DPR Eligible
- DPR Eligible
- Yes
Legal Details
- Permission Granted to Advertise
- No
Location, Tax, and Legal
- Tax Account
- 2847214
- General County Location
- South
- Tax Legal Description
- RIVER COLONY EAST LOT 7 BLK H
- Directions
- A1A to Colony
Appliances
- Other
- Yes
Construction Materials
- Block
- Yes
- Brick
- Yes
- Frame
- Yes
- Vinyl Siding
- Yes
Cooling
- Electric
- Yes
Current Use
- Residential
- Yes
Flooring
- Terrazzo
- Yes
- Tile
- Yes
- Wood
- Yes
Heating
- Electric
- Yes
Interior Features
- Split Bedrooms
- Yes
Laundry Features
- In Garage
- Yes
Levels
- Two
- Yes
Listing Terms
- Cash
- Yes
Lot Features
- Corner Lot
- Yes
Parking Features
- Attached
- Yes
Pets Allowed
- Yes
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Concrete
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Standard
- Yes
Utilities
- Cable Available
- Yes
Water Source
- Public
- Yes
Showing Requirements
- 24 Hour Notice
- Yes
- Call Listing Agent
- Yes
Listing Office:
Keller Williams Realty Brevard
Last Updated: January - 12 - 2026
Information is deemed to be reliable, but is not guaranteed.