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$1,150,000

502 Colony St Melbourne Beach, FL 32951

4 beds
3 full
2,297 sqft
0.3 acres
$501 / sqft
House

Property details

About 502 Colony St

Stunning beachside pool home that has been fully renovated with every detail beautifully planned and executed. Mechanicals and infrastructures are fully updated. New metal roof and Simonton impact windows and doors offer peace of mind and reduced insurance premiums. New electrical, HVAC and ductwork. LVP flooring, quartz countertops and stainless appliances offer durability and convenience. Plumbing and sewer lines are all replaced with PEX and PVC and a 25 year guarantee. NO CAST IRON OR OLD COPPER. Everything has been updated to 2025 building standards and codes, permitted, and approved. First level Florida room gives pool access with large sliding doors and pool bath. The living, dining and kitchen are on the main floor with beautiful views of the oversized landscaped lot. Bedroom level offers a large master suite with a step-in rain shower, dual vanity and large walk-in closet. Walk to the beach or bike ride to the river Corner lot allows access for your boat or RV. Your new backyard paradise is a tropical oasis. Young ones? Enjoy A rated schools and more than 11 parks nearby.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size2,297 sqft
Lot size0.34 Acres
Year built1964
ParkingAdditional Parking,Garage,RV Access/Parking
MLS #1045848
Garage2 spaces
FireplaceWood Burning
ViewPool, Trees/Woods

Virtual tour

Summary

  • Full Bathrooms: 3
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Fireplace: Wood Burning
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Additional Parking,Garage,RV Access/Parking
  • View: Pool, Trees/Woods
  • Heating: Central, Electric
  • Cooling: Central Air
  • List Price: $1,150,000
  • Price/SqFt: $500
  • Annual Tax Amount: $2,334
  • Tax Year: 2023
  • Lot: Corner Lot, Few Trees
  • Directions: From 192 Highway A1A south to Colony
  • Year Built: 1964
  • Stories: 3
  • Living Area: 2,297 SqFt
  • Lot Size: 0.34 Acres
  • MLS Number: 1045848
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: Keller Williams Realty Brevard
  • Office Phone: (321) 259-1170
  • Office Email: klrw404@kw.com
  • Listing Agent: Jim Taranto

IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Street view

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$186,060$2,334
2022$180,650$2,267
2021$175,390$2,267
2020$172,970$2,303
2019$169,090$2,269
2018$165,940$2,236
2017$162,530$2,236

History based on county public records data.

Nearby schools

9

Gemini Elementary School

Public District KG-6

1.4 mi

•

2100 Oak St

10

Indialantic Elementary School

Public District KG-6

2.0 mi

•

1050 N Palm Ave

5

Palm Bay Elementary School

Public District PK-6

3.6 mi

•

1200 Alamanda Rd NE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $78,602. Residents of Melbourne Beach, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

32%
<35k
35%
35k-100k
26%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

38%
Single, No Kids
4%
Single, with Kids
34%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
12%
18-34 yrs old
48%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • PGA/LPGAPGA/LPGA
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Bonefish GrillBonefish Grill
  • Boston MarketBoston Market

What do the neighbors drive?

  • MazdaMazda
  • LincolnLincoln
  • CadillacCadillac

What do the neighbors listen to?

  • RockRock
  • ClassicalClassical
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 502 Colony St

The listing price of 502 Colony St property is $1,150,000.

The property 502 Colony St is a house located in Melbourne Beach, Florida, 32951.

Active Listing: 502 Colony St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 502 Colony St are: Gemini Elementary School (GreatSchools Rating 9/10), Indialantic Elementary School (GreatSchools Rating 10/10), Palm Bay Elementary School (GreatSchools Rating 5/10), Hoover Middle School (GreatSchools Rating 5/10), Stone Magnet Middle School (GreatSchools Rating 2/10), Palm Bay Academy Charter School (GreatSchools Rating 3/10), Melbourne High School (GreatSchools Rating 5/10), Palm Bay Magner High School (GreatSchools Rating 3/10), West Shore Junior/Senior High School (GreatSchools Rating 10/10).

According to the records, the last property tax for 2023 is $2,334 (source: MLS/based on county public records data).

The property at 502 Colony St has 4 bedrooms and 3 bathrooms.

The property 502 Colony St is 2,297 SqFt (source: MLS/tax record).

The year of construction for 502 Colony St is 1964.

This home is located at 502 Colony St in Melbourne Beach, FL and zip code 32951 in the River Colony East neighborhood. This 2,297 square foot home, which was built in 1964, sits on a 0.34 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 10, 2025 and is currently priced at $1,150,000.

Over 1 listings were sold over their listed price in June 2025 in Melbourne Beach, FL. In the same period over 17 listings were sold below the listed price and 2 listings were sold for the listed price. Between May and June 2025, Melbourne Beach, FL real estate market has seen increase in the number of listings by 2%. In June 2025, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $650,000.

From Rocket Homes Real Estate and based on county public records data.

More resources

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Housing market reports in Brevard County

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