David Ramirez
$2,600,000$3,000,0004 bd3.5 ba6,000 sqft$433 /sqft$15,622 /mo all-in ↓

531 Sunset Boulevard, Melbourne Beach FL 32951, MELBOURNE BEACH, FL, 32951

Active92 days on marketListed May 8, 2026MLS #B26026106

Reduced $400KSingle Family ResidenceSUNSET BAY SUBD

About this home

531 Sunset Boulevard, Melbourne Beach FL 32951

Unparalleled craftsmanship & elegance in the heart of Melbourne Beach. Boasting a massive kitchen featuring Sub-Zero appliances...a chef's dream! Floorplan features natural materials throughout including exotic hardwood & cork flooring, shell stone, travertine & slate tile, bamboo butcher block countertops, cypress shiplap & more. Primary suite, private retreat opening to the courtyard with a spa grade soaking tub and shower. Guest Loft is a fully separate living space with an efficiency kitchen and Asian influenced bathroom. The 2nd floor flex suite offers a blank slate for a primary suite buildout of your dreams. 2 car garage roughed-in for efficiency apartment, environmentally friendly permeable driveway, server room and 2 screen porches. Located on one of the most desirable and quiet streets with walkable access to the beach, parks, shops and dining. Vacation property of your dreams, short-term rental, multi generational or year-round single-family residence. Interior & Finishes: Gorgeous natural materials & texture throughout. Curupay (Patagonian Rosewood) hardwood. Main house features ¾ inch SOLID Patagonian Rosewood. It is one of the most durable & hardest flooring woods with a Janka Hardness of over 3,800. Lapacho Ipe (Brazilian Walnut) Hardwood Flooring. Guest loft is finished in ¾ inch SOLID Brazilian Walnut. With a Janka Hardness 3,600 it ranks right behind Patagonian Rosewood in durability & beauty. Florida Shell Stone Tile. A Florida beachside house deserves a Florida tile! The loft bathroom is finished in Florida Shell Stone. The same stone you would find if you dug a big hole under the house and quarried your own! Primary bathroom finished in Travertine. Slate tile. Kitchen and front porch finished in real slate. Bamboo kitchen island. Cork flooring in the 2 Floor Flex Suite. Cypress shiplap in the loft, kitchen and throughout the main house. Exterior Highlights & Finishes: Easy maintenance, environmentally friendly. Hardi board siding (recently painted and refreshed.) Permeable driveway. Environmentally friendly, the permeable driveway acts as a French drain to help return rainwater to the aquifer and combat flooding. Maintenance "light" environmentally friendly lawn needs little water & chemicals featuring durable clover & grass mix. Mechanicals & Construction: Newer, move in ready mechanicals, energy efficient and technology forward. Main on-demand gas water heater new 2021. Main 5 Ton HVAC system new 2022. Second floor 3.5 Ton HVAC system new 2023. 250 gallon propane tank. 50 amp EV / RV ready. Server room Cat 5 throughout house with Zon System, whole home audio, fiber to the curb. R55 spray foam insulation. Porch concrete slab tied to main house supports future expansion.

Facts & features

The home at a glance

4

Bedrooms

3.5

Bathrooms

6,000

Sqft

0.37 ac

Lot size

2

Garage

2008

Year built

2

Levels

$433

Per sqft

Other & River & Other Water View viewPets allowed

Inside

FlooringCarpet · Ceramic Floor · Marble · Wood
AppliancesElectric Water Heater · Gas Water Heater · Natural Gas Water Heater · Dishwasher · Disposal · Dryer · Free-Standing Freezer · Ice Maker · Microwave · Gas Range · Refrigerator · Self Cleaning Oven · Wall Oven · Washer
InteriorCooking Island · French Doors · Volume Ceilings · Utility/Laundry In Garage
LaundryIn Garage
CoolingCeiling Fan(s) · Central Building A/C · Central Individual A/C · Central Air · Electric · Exhaust Fan · Humidity Control · Paddle Fans · Reverse Cycle
HeatingCentral Building A/C · Central Individual A/C · Central · Electric · Exhaust Fan · Reverse Cycle Unit · Reverse Cycle

Outside & construction

RoofMetal · Metal Roof
ConstructionConcrete Block Construction · Composition Shingle · Slab Construction
ViewOther · River · Other Water View
FacesNorth
Parking2 Or More Spaces · Electric Vehicle Charging Station(s) · Parking Garage · Paver Block
ExteriorCourtyard · Room For Pool

Community & fees

Taxes (2025)$5,486/yr
PetsYes
CommunityUnderground Utilities

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Sewer Connected · Underground Utilities · Water Connected · Cable Available · Electricity Available · Phone Available · Sewer Available · Water Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$15,622 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$14,029
PMI (est., until 20% equity)$975
Property tax — 2025 actual bill$457
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $260,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $260,000
Interest rate6.00%
Loan term

Estimated payment

$15,622/mo

Principal & interest$14,029
PMI (est., until 20% equity)$975
Property taxes (actual bill)$457
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Melbourne Beach actives

$433 vs $771

Days on market

92 vs 57 typical

Where $433/sqft sits among the 17 Melbourne Beach actives

3
3 · this home
2
4
2
3
$172–343$343–514$514–685$685–857$857–1028$1028+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside South Reach

Map of 531 Sunset Boulevard, Melbourne Beach FL 32951 inside its neighborhood boundary

Get to know Melbourne Beach. See the full Melbourne Beach guide →

South Reach — neighborhood snapshot

Population

16,424

Median age

56

Median income

$84,378

Median home value

$501,969

Avg household

2

Households w/ children

1,259

For the school run

Brevard County School District

ElementaryGemini Elementary School★★★★★
MiddleHerbert C. Hoover Middle School★★★★
HighMelbourne Senior High School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Melbourne Beach market

Seller’s marketLeans buyer7.7 months of inventoryBuyer’s market

$972K$760K

Melbourne Beach median sold, yr/yr

92.4%

Sale-to-list ratio (12 mo)

3 of 17

Melbourne Beach actives have cut their price

Median sold price, Melbourne Beach, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 11% above the MELBOURNE BEACH 32951 median. See the full Melbourne Beach market guide →

Paper trail

This home's history

CurrentPrice reduced to $2,600,000 $400K
May 8, 2026Listed at $3,000,000 · 92 days on market since
2008Built · SUNSET BAY SUBD

Reality check

What actually sold near 531 Sunset Boulevard

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

290 MARLIN PLACESold · Apr ’26

$855,000

290 MARLIN PLACE

4 bd · 3.5 ba · 2,368 sqft · $361/sqft · 0 DOM

162 MIAMI AVENUESold · Nov ’25

$980,000

162 MIAMI AVENUE

3 bd · 3 ba · 2,271 sqft · $432/sqft · 0 DOM

Nearby listingSold · Jun ’26

$860,000

Nearby listing

4 bd · 2 ba · 2,195 sqft · $392/sqft · 112 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 531 Sunset Boulevard — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 531 Sunset Boulevard — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Straight answers

531 Sunset Boulevard FAQs

What would the monthly payment be for 531 Sunset Boulevard, Melbourne Beach FL 32951?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $15,622/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 531 Sunset Boulevard, Melbourne Beach FL 32951?+

The most recent tax bill on record (2025) was $5,486. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 531 Sunset Boulevard, Melbourne Beach FL 32951?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Melbourne Beach?+

At $2,600,000, this home is listed about 17% above the Melbourne Beach median of $2,225,000. The market section on this page shows how the area is trending.

Which schools are assigned to 531 Sunset Boulevard, Melbourne Beach FL 32951?+

Gemini Elementary School (elementary), Herbert C. Hoover Middle School (middle), Melbourne Senior High School (high) — Brevard County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$2,600,000 runs 11% above the MELBOURNE BEACH 32951 median — but at 6,000 sqft it's also nearly twice the size of the typical Melbourne Beach listing.

02Other & River & Other Water View views

The other and river and other water view view is part of what you're buying — views hold value independently of the structure.

03Strong assigned schools

Gemini Elementary School, Herbert C. Hoover Middle School, Melbourne Senior High School — Gemini Elementary School rates 5 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $3,000,000, now $2,600,000 — a $400K cut. The full history is in the market section below.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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