2 days on RocketTour
$10,000 Closing Credit¹
#1046327, Jody V Donnelly, Jason Wood, Listing Office: RE/MAX Aerospace Realty
$1,150,000 List price
502 Colony St Melbourne Beach, FL 32951
$10,000
Closing credit¹
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
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: 5/18/2025, 7:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,150,000
502 Colony St
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $78,602. Most Melbourne Beach, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically 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/backpacking
PGA/LPGA
Symphony or Opera
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
Boston Market
What do the neighbors drive?
Mazda
Lincoln
Cadillac
What do the neighbors listen to?
Rock
Classical
Talk/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.
In April 2025, from all listings sold in Melbourne Beach, FL there were more than 1 sold above asking price, over 20 sold below and more than 1 were sold right at the asked price. The number of homes for sale in Melbourne Beach, FL increased by 10.1% between March and April 2025. In April 2025 median list price was $717,500 and the average listing age was 78 days.
From Rocket Homes Real Estate and based on county public records data.