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5584 Cord Grass Ln, Melbourne Beach, FL, 32951

2beds
2baths
1,108sqft
$409,900
$370price/sqft
$3,299/moest. monthly cost
$131,960/yrincome needed

About This Home

Motivated Seller! Bring Offers! Perfect Winter Retreat/Vacation Home in Melbourne Beach! Ocean-to-river community w/low HOA & only 1-month rental restriction. 1% lender credit & FREE appraisal offered w/preferred lender. Corner lot, 1story end unit featuring a remodeled 2BR/2BA/1CG floor plan. Open concept kitchen w/granite counters & Shaker cabinets overlooks spacious great room w/abundant natural light. LVP floors throughout main living areas & baths. Primary suite fits king bed, includes walk-in closet & fully updated bath w/tiled shower & granite vanity. Guest bedroom has direct access to remodeled guest bath. Private screened patio overlooks lush garden setting, perfect for relaxing after a day at the beach. Short walk to Olympic-size heated pool & clubhouse. Community amenities include boardwalk to Indian River, private beach access, fishing pier, kayak/SUP dock, boat storage, tennis & playground. Ideal seasonal getaway or full-time coastal residence-enjoy the Florida lifestyle.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

10/10
Gemini Elementary SchoolGrades PK-66.3 mi
6/10

Construction

Condition

  • Year built: 1985

Materials

  • Roof: Metal
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bathroom1

  • Level: Main

Bedroom1

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: Main

Features

  • Breakfast Bar,Ceiling Fan(s),Entrance Foyer,Guest Suite,Jack and Jill Bath,Open Floorplan,Primary Bathroom - Shower No Tub,Primary Downstairs,Vaulted Ceiling(s),Walk-In Closet(s)
  • Flooring: Carpet,Vinyl

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,108 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Master Bathroom

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 2938107600004.00001.00
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Front Porch,Porch,Screened
  • Exterior features: Courtyard,Storm Shutters
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 5,662 sqft
  • Features: Many Trees

Parking

  • Total spaces: 1
  • Parking features: Attached,Garage,Garage Door Opener,Gated
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $2,072$24,864
Home Insurance *$636$7,632
Property Taxes $394$4,728
Electricity $197$2,366
Total$3,299$39,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$113,108/yr
40% on housing$98,970/yr
45% on housing$87,973/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

$370This listing

vs Other Active Listings

Avg $/sqft

ZIP 32951$443
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
2026-04-20Price change$409,900
2025-12-09Listed for sale$419,900
2025-10-09Listing removed$425,000
2025-09-01Price change$425,000
2025-04-04Price change$439,900
2024-08-26Listed for sale$444,000
2024-06-20Listing removed--
2024-04-26Listed for sale$459,900
2022-09-01Listing removed--
2022-08-18Price change$464,000
2022-08-03Price change$479,900
2022-07-30Listed for sale$499,900
2020-02-28Sold$270,000
2020-01-03Listed for sale$280,000

For Sale by Agent

AgentCara Mattingly
BrokerageFlorida Homes Rlty. & Mtg. LLC

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