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8985 S Highway A1a, Melbourne Beach, FL, 32951

5beds
7baths
6,405sqft
$3,939,000
$615price/sqft
$28,908/moest. monthly cost
$1,156,320/yrincome needed

About This Home

Incredible Oceanfront estate home on over an acre in one of the most pristine stretches of Florida coastline you'll find ! A private Oceanside, heated ,salt system pool, parking for up to 8 cars, private elevator, private separate guest suite, newer impact glass windows throughout, extensive outdoor balconies and deck areas and much more to enjoy should you end up being the lucky next owner of this magnificent waterfront property.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

10/10
Gemini Elementary SchoolGrades PK-612.8 mi
6/10
6/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 2000

Materials

  • Roof: Tile
  • Construction materials: Block,Concrete,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Range,Electric Water Heater,Microwave,Refrigerator,Trash Compactor,Washer,Water Softener Owned
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2

Features

  • Built-in Features,Ceiling Fan(s),Eat-in Kitchen,Elevator,Kitchen Island,Open Floorplan,Pantry,Primary Bathroom -Tub with Separate Shower,Split Bedrooms,Walk-In Closet(s),Wet Bar
  • Flooring: Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric,Multi Units

Interior Area

  • Total structure area: 10,063
  • Total interior livable area: 6,405 sqft

Property

Details

  • Parcel number: 3039070000025.10000.00
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Private pool: Yes
  • Pool features: Electric Heat,In Ground,Salt Water
  • Patio & porch: Covered,Deck,Front Porch,Patio,Rear Porch,Side Porch
  • Exterior features: Balcony,Outdoor Shower,Other,Impact Windows
  • Fencing: Block,Full,Privacy
  • Has view: Yes
  • View description: Beach,Ocean,Water
  • Has water view: Yes
  • Water view: Beach,Ocean,Water
  • On waterfront: Yes
  • Waterfront features: Ocean Access,Ocean Front,Deeded Beach Access
  • Waterbody name: Atlantic Ocean

Lot

  • Lot size: 1.08 Acres
  • Features: Sprinklers In Front,Sprinklers In Rear

Parking

  • Total spaces: 8
  • Parking features: Garage,Gated,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 8
  • Covered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Inland Flooding
Tornado
Tsunami

FEMA Declared Disasters in Brevard County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $19,917$239,004
Home Insurance *$6,115$73,380
Property Taxes $2,232$26,784
Electricity $644$7,735
Total$28,908$346,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$991,131/yr
40% on housing$867,240/yr
45% on housing$770,880/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.8%
4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$615This listing

vs Other Active Listings

Avg $/sqft

ZIP 32951$432
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32951$332
Brevard County$209

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-25Listed for sale$3,939,000

For Sale by Agent

AgentDavid Settgast
BrokerageOne Sotheby's International

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