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419 Ocean Ave APT 405, Melbourne Beach, FL, 32951

0beds
1baths
482sqft
$190,000
$394price/sqft
$1,691/moest. monthly cost
$67,640/yrincome needed

About This Home

This beautifully updated condo is located perfectly within a short walking distance to enjoy all that the ocean has to offer. Spacious living and dining area that opens to a large balcony. Fully equipped Kitchen with S.S. appliances, and breakfast bar. Updated bathroom with newer vanity and fixtures. Central Air with 2018 HVAC system. New 2025 water heater. Soft interior colors and waterproof vinyl plank flooring through out. Tropical island setting makes this the ideal beach side home, along with being close to great dining, boutique shopping, and cultural events. Walk to Ocean Ave coffee shops, fine restaurants, community river park, w/playground, & observation pier. Short drive to Sebastian inlet, inter-coastal, Vero beach, and much more. Discover the unique lifestyle, natural beauty, and amazing weather that Florida has to offer. HOA fees include water. Turn this studio into a seasonal rental or make it your own beach retreat. Available now.

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

10/10
Gemini Elementary SchoolGrades PK-61.1 mi
6/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1972

Materials

  • Roof: Other
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: Condo
  • Architectural style: Traditional
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Refrigerator
  • Laundry features: Lower Level

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Breakfast Bar,Ceiling Fan(s),Open Floorplan,Primary Bathroom - Tub with Shower
  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric,Other

Interior Area

  • Total interior livable area: 482 sqft

Property

Details

  • Parcel number: 283807Fy00002.00001.23
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 871.20 sqft
  • Features: Corner Lot

Parking

  • Parking features: Guest,Off Street,Parking Lot,Unassigned

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
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Strong Wind
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 $960$11,520
Home Insurance *$294$3,528
Property Taxes $240$2,880
Electricity $197$2,366
Total$1,691$20,292
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,977/yr
40% on housing$50,730/yr
45% on housing$45,093/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

$394This listing

vs Other Active Listings

Avg $/sqft

ZIP 32951$446
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)

No zestimate history available

Price History

DateEventPrice
2026-08-17Pending sale$190,000
2026-07-16Listed for sale$190,000
2025-08-22Listing removed$1,450
2025-08-02Price change$1,450
2025-07-08Listed for rent$1,495
2024-07-26Listing removed--
2024-06-25Price change$1,395
2024-06-15Listed for rent$1,450
2024-06-07Listing removed--
2024-05-17Price change$1,450
2024-04-30Price change$1,575
2024-04-09Listed for rent$1,595
2023-05-10Sold$162,000
2023-04-24Contingent$169,500
2023-04-21Price change$169,500
2023-04-05Listed for sale$174,900
2016-11-27Listing removed$90,000
2016-11-26Price change$90,000
2016-11-23Listed for sale$145,000
2016-11-22Sold$84,000
2016-09-26Listed for sale$90,000
2015-04-22Listing removed$1,000
2015-04-11Listed for rent$1,000

For Sale by Agent

AgentVanna T. Rickard
BrokeragePeninsula Property Group

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