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You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Aug. 31, 2026

Luxury Homes for Sale on Florida's Space Coast August 31, 2026

Florida's Space Coast offers luxury real estate in a wide range of settings, from direct riverfront and oceanfront residences to modern beachside homes, estate properties and upscale condominiums. The properties below are currently presented in the luxury-search results available through CathyJustSoldIt.com, with asking prices on this page ranging from $1,695,000 to $1,890,000.

These 30 homes span communities including Merritt Island, Titusville, Melbourne, Cocoa, Satellite Beach, Rockledge, Cocoa Beach, Cape Canaveral, Indian River Shores, Grant, Indialantic, Melbourne Beach and Palm Bay. Buyers can compare waterfront estates, newer construction, condominium residences and distinctive coastal properties while using the individual property links below for the complete listing details.

For buyers evaluating higher-end real estate in Melbourne and throughout the Space Coast, local context matters. Property type, water access, condition, location, association requirements and the characteristics of the surrounding neighborhood can all affect value and fit. Cathy Greene of Ellingson Properties can help buyers review available properties, arrange showings and evaluate options across the market.

Contact Cathy Greene, Ellingson Properties
Phone: 321-258-4378
Email: cathy@cathygreene.com
Website: www.CathyJustSoldIt.com
4070 S Tropical Trail, Merritt Island

4070 S Tropical Trail, Merritt Island

$1,890,000

4 beds · 3 baths · MLS 1067965

This rare, waterfront estate offers exceptional privacy, natural beauty, and direct water access in one of Merritt Island's most desirable corridors. This is a setting defined by 2.78 acres of natural land, jaw-dropping open-water views, and seclusion. An uncommon combination that cannot be recreated. The home offers a...

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6715 Riveredge Drive, Titusville

6715 Riveredge Drive, Titusville

$1,880,000

5 beds · 5 baths · MLS 1082308

Riverfront living with unmatched serenity featuring ''Old-Florida'' lifestyle where every sunrise feels like a private showing from nature itself. This home delivers the kind of waterfront living people dream about but seldom find, gentle breezes, & a sense of calm that settles in the moment you arrive. This residence...

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1435 S Harbor City Boulevard Unit 1002, Melbourne

1435 S Harbor City Boulevard Unit 1002, Melbourne

$1,875,000

4 beds · 4 baths · MLS 1085444

A RARE RIVERFRONT PENTHOUSE -- NEARLY 4,500 SQ. FT. OF LUXURY Experience Intracoastal living with ocean views--the best of both worlds. This extraordinary residence at Paramount Riverfront Condominium is one of the largest luxury riverfront penthouses ever built in Brevard County, offering nearly 4,500 square feet of living...

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949 N Indian River Drive, Cocoa

949 N Indian River Drive, Cocoa

$1,875,000

4 beds · 4 baths · MLS 1084172

One-of-a-kind custom waterfront estate offering 100 feet of direct deep-water frontage on the Indian River. Situated on .73 acres atop a 26-foot bluff, this exceptional property features a new coquina seawall, a 250-foot dock with covered boathouse, approximately 5 feet of water depth, two boat lifts, and direct access to...

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250 Lanternback Island Drive, Satellite Beach

250 Lanternback Island Drive, Satellite Beach

$1,874,000

5 beds · 4 baths · MLS 1083036

Tucked behind the guarded gates of Tortoise Island, this extraordinary waterfront estate commands approximately 120-feet of prime frontage along a 17-foot deep dredged canal, quietly asserting itself as one of the most significant offerings the community has seen in decades. With a newly reimagined dock and a private beach...

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1489 Rockledge Drive, Rockledge

1489 Rockledge Drive, Rockledge

$1,850,000

4 beds · 3 baths · MLS 1078880

If walls could whisper! This splendid piece of Space Coast history is beautifully restored for modern living. The extraordinary Indian Riverfront estate spans 1.5 acres w/100 ft of water frontage, a meticulously renovated 4-bdrm main residence, a separate 966 sqft 1/1 guest cottage, an oversized carriage house-style garage &...

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51 N Orlando Avenue, Cocoa Beach

51 N Orlando Avenue, Cocoa Beach

$1,849,000

4 beds · 4 baths · MLS 1086116

Modern coastal luxury meets income potential in the heart of Cocoa Beach! Built in 2017 with impact-rated windows, this 3-story home blends style, durability, and versatility. The ground level features private office space with a half bath--ideal for remote work or client-facing business. Upstairs, the main living area...

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8108 Presidential Court, Cape Canaveral

8108 Presidential Court, Cape Canaveral

$1,800,000

5 beds · 5 baths · MLS 1068707

This 5-bedroom, 5-bath direct oceanfront home in Cape Canaveral offers relaxed coastal living with the Atlantic just steps from your door. Enjoy ocean views, sea breezes, and sunrise mornings that set the tone for easy beachside days. Inside, the home features a bright, updated kitchen that flows comfortably into the main...

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6444 Modern Duran Drive, Melbourne

6444 Modern Duran Drive, Melbourne

$1,795,000

4 beds · 5 baths · MLS 1084708

4 Bedroom 5 Bath with the lake view on the golf course in Modern Duran. This turnkey new construction has been barely used but fully enhanced and professionally outfitted with technology and elegant designer finishes. The home is move in ready. The owners have meticulously curated every space with designer finishes and...

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1809 Riverview Drive, Melbourne

1809 Riverview Drive, Melbourne

$1,795,000

3 beds · 4 baths · MLS 1071331

Experience a level of craftsmanship rarely seen on the market. Not a single expense has been spared by this international developer—every inch of this home reflects precision, intention, and luxury. Perched 20 feet above sea level and built like a fortress, this 2023 direct-riverfront residence delivers panoramic Indian...

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1807 Riverview Drive, Melbourne

1807 Riverview Drive, Melbourne

$1,795,000

3 beds · 4 baths · MLS 1071330

Experience a level of craftsmanship rarely seen on the market. Not a single expense has been spared by this international developer—every inch of this home reflects precision, intention, and luxury. Perched 20 feet above sea level and built like a fortress, this 2023 direct-riverfront residence delivers panoramic Indian...

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409 S Palm Island Circle, Indian River Shores

409 S Palm Island Circle, Indian River Shores

$1,795,000

3 beds · 4 baths · MLS 1059115

Beautiful Carriage home in Palm Island Plantation, blending West Indies architectural elegance with 'Old Florida' charm. Situated on an oversized lot, 3000 + sq ft, split plan, 3 ensuite bedrooms, half bath, 2019 standing seam metal roof, separate office, pool, and fireplace are only a few of the custom features. This river...

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4620 Highway 1, Grant

4620 Highway 1, Grant

$1,795,000

6 beds · 5 baths · MLS 1034715

Two fully self functioning Riverfront homes situated on a stunning resort style 2.17 acres. 177 feet of waterfront on the Indian River and minutes to Sebastian Inlet and world class fishing. Main home features 2807 LSF, 4 bedrooms 3 1/2 baths, 3 car garage and an upstairs bonus room with a balcony. The second home has 1035...

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100 Lanternback Island Drive, Satellite Beach

100 Lanternback Island Drive, Satellite Beach

$1,785,000

4 beds · 4 baths · MLS 1085692

WOW-worthy waterfront living on the Grand Canal! Walls of glass put the water on full display throughout this spectacular cul-de-sac pool home. 5 sets of custom sliders connect an oversized great room to a TimberTech deck, saltwater pool & private dock w/a 13K-lb electric lift. The jaw-dropping kitchen steals the show w/an...

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1230 Highway A1a Unit 705, Satellite Beach

1230 Highway A1a Unit 705, Satellite Beach

$1,780,000

3 beds · 3 baths · MLS 1063584

Learn About Tridents Early Reservation Offer Welcome to the Trident Residence. The most iconic Mixed-Used condominium development in Satellite Beach. Introducing the Penthouse D-3 is 1 of 2. 3-bed, 3-bath modern masterpiece, crafted for those who don't follow trends - they set them. This exclusive floorplan elevates...

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1230 Highway A1a Unit 706, Satellite Beach

1230 Highway A1a Unit 706, Satellite Beach

$1,780,000

3 beds · 3 baths · MLS 1063582

Learn About Tridents Early Reservation Offer Welcome to the Trident Residence. The most iconic Mixed-Used condominium development in Satellite Beach. Introducing the Penthouse. The D-3 is 2 of 2. 3-bed, 3-bath modern masterpiece, crafted for those who don't follow trends - they set them. This exclusive floorplan elevates...

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1613 N Indian River Drive, Cocoa

1613 N Indian River Drive, Cocoa

$1,775,000

5 beds · 7 baths · MLS 1084189

Breathtaking panoramic views, gorgeous custom-built waterfront home on Intercoastal Waterway. Unbelievable location, watch rocket launches w/unobstructed views. Multiple balconies, enjoy tranquil sunrises. Perfect for Florida's luxury lifestyle & ideal for boating enthusiasts! 100 feet of water frontage, boat house w/lift,...

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100 Flug Avenue, Indialantic

100 Flug Avenue, Indialantic

$1,775,000

3 beds · 4 baths · MLS 1075449

Prices Starting at $1,775,000 with customizable options and upgrades available! In the heart of Indialantic, an exciting to-be-constructed luxury 3 townhome opportunity is coming soon. By DeRosa Design + Build, these modern coastal residences may be one of the only townhome projects in the area offering private pools. Each...

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4620 Ocean Beach Boulevard Unit 203, Cocoa Beach

4620 Ocean Beach Boulevard Unit 203, Cocoa Beach

$1,770,000

3 beds · 4 baths · MLS 1079761

NEW CONSTRUCTION SOUTH EAST CONDO 2ND FLOOR, 3 BEDS + 3.5 BATHS W/ 10 FT. CEILING HEIGHTS, This is Kaia Residence Cocoa Beach, NOW TAKING RESERVATIONS, where modern architecture, elevated design, & an unparalleled coastal lifestyle come together in a boutique collection of just 15 exclusive residences. This brand-new,...

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212 Sykes Point Lane, Merritt Island

212 Sykes Point Lane, Merritt Island

$1,769,000

4 beds · 4 baths · MLS 1081354

Experience luxury waterfront living in this beautifully updated riverfront home, where breathtaking views and exceptional craftsmanship come together. Thoughtfully renovated with over $400,000 in improvements, this property offers the perfect blend of elegance, comfort, and peace of mind. Step outside to your private...

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1530 Bay Shore Drive, Cocoa Beach

1530 Bay Shore Drive, Cocoa Beach

$1,759,000

3 beds · 3 baths · MLS 1084685

Waterfront Elegance on the Banana River. Welcome to this distinctive 3-bed, 3-bath pool home designed to take full advantage of its waterfront setting. This spacious home offers soaring 12-foot ceilings, generous living spaces, natural light, and stunning river views. From the moment you arrive, with its large circular...

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411 Hiawatha Way, Melbourne Beach

411 Hiawatha Way, Melbourne Beach

$1,750,000

3 beds · 3 baths · MLS 1086044

Paradise found in this 2015-built custom block home that feels like new, with panoramic views of water + nature. Single story living with high ceilings + low maintenance. New 2024 kitchen features a large center island, quartz counters w/ marble backsplash, custom cabinetry, and S/S appliances all opening to great room that...

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1149 Houston Street, Melbourne

1149 Houston Street, Melbourne

$1,750,000

3 beds · 3 baths · MLS 1085783

It's the best kept secret in Brevard. This waterfront historic and unique gem is located in the heart of the Eau Gallie Historic District. Walking distance to the shops, bars and restaurants of the Arts District, this amazing home was the original Eau Gallie Yacht Club, one of the oldest yacht clubs in Florida. Constructed...

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4620 Ocean Beach Boulevard Unit 301, Cocoa Beach

4620 Ocean Beach Boulevard Unit 301, Cocoa Beach

$1,750,000

3 beds · 3 baths · MLS 1079787

NEW CONSTRUCTION WEST OCEAN CONDO 3RD FLOOR, 3 BEDS + 2.5 BATHS W/ 10 FT. CEILING HEIGHTS, This is Kaia Residence Cocoa Beach, NOW TAKING RESERVATIONS, where modern architecture, elevated design, & an unparalleled coastal lifestyle come together in a boutique collection of just 15 exclusive residences. This brand-new,...

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2102 Ladner Road NE, Palm Bay

2102 Ladner Road NE, Palm Bay

$1,750,000

4 beds · 4 baths · MLS 1074655

Set on 17.41 acres in the heart of the city, this custom estate offers privacy and an opportunity , space, and timeless Florida charm. A circular drive leads past a private pond to a thoughtfully designed home with 4 bedrooms, office, library, and 3.5 baths. Inside, engineered oak floors, a two-story foyer, and seamless...

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1795 N Highway A1a Unit 204, Indialantic

1795 N Highway A1a Unit 204, Indialantic

$1,750,000

3 beds · 3 baths · MLS 1074489

Enjoy unobstructed ocean views from a convenient second floor setting in this stunning SE corner residence, where walls of impact glass frame the Atlantic and fill the home with morning light. Built in 2022, this beautifully finished condo combines the ease of newer construction with nearly 300 SF of covered balcony for true...

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4620 Ocean Beach Boulevard Unit 202, Cocoa Beach

4620 Ocean Beach Boulevard Unit 202, Cocoa Beach

$1,725,000

3 beds · 4 baths · MLS 1079758

NEW CONSTRUCTION NORTH EAST CONDO 2ND FLOOR, 3 BEDS + 3.5 BATHS W/ 10 FT. CEILING HEIGHTS, This is Kaia Residence Cocoa Beach, NOW TAKING RESERVATIONS, where modern architecture, elevated design, & an unparalleled coastal lifestyle come together in a boutique collection of just 15 exclusive residences. This brand-new,...

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4355 N Highway 1, Melbourne

4355 N Highway 1, Melbourne

$1,699,000

3 beds · 3 baths · MLS 1086131

Perched high above the Indian River Lagoon on .76 acres, this beautifully renovated riverfront home offers an extraordinary 475 feet of total waterfrontage and a setting unlike anything else in the area. Tucked beneath mature oaks and set well back from the road, the property feels remarkably private and quiet, with sweeping...

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178 Saint Croix Avenue, Cocoa Beach

178 Saint Croix Avenue, Cocoa Beach

$1,695,000

4 beds · 3 baths · MLS 1076666

Cocoa Beach waterfront living at its best! Meticulously maintained inside and out, this distinctive 4BR/3BA residence is truly move-in ready, with a dedicated office and separate media/relaxation room. Thoughtful modern design includes custom doors, sleek electric fireplaces, bioethanol fixtures, and exceptional attention to...

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Listing information can change quickly. Price, availability and property details should be confirmed from the linked property page. Cathy Greene can assist with current availability and showing information.

Posted in 55 + Communites, Brevard County FL, luxury, Melbourne FL, Melbourne Village FL, Retirement
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Aug. 31, 2026

Brevard County FL Real Estate Market Report: Active, Pending & Sold Homes August 2026

Market snapshot viewed August 31, 2026

Brevard County's housing market offers buyers a substantial amount of choice, while thousands of recent sales show that homes are still moving across Florida's Space Coast. The current residential Brevard County market report shows 2,620 active properties with an average asking price of $527,522. Another 1,084 properties are under contract, and the report contains 5,161 residential sales from the previous six months.

Brevard County Housing Market at a Glance

2,620Active Properties
$527,522Avg. Active Price
$253Active $ / Sq. Ft.
1,969Avg. Active Sq. Ft.
99Avg. Active DOM

Active inventory averages 3.5 bedrooms and 2.5 bathrooms. The under-contract segment averages $456,629, $232 per square foot, 1,899 square feet and 118 days on market. The properties moving toward closing are therefore, as a group, priced below the current active inventory.

Active, Under Contract and Sold: What the Numbers Show

Segment Properties Average Price Average $/Sq. Ft. Average Sq. Ft. Average DOM
Active 2,620 $527,522 asking $253 1,969 99
Under Contract 1,084 $456,629 asking $232 1,899 118
Sold — Previous 6 Months 5,161 $460,429 sold $376* 1,917 105

*The $376-per-square-foot sold figure is reproduced from the market report's aggregate Sold Properties row. Because the report contains a broad mix of residential property types and price points, it should be treated as a report-level aggregate rather than a valuation benchmark for an individual home.

More Than 5,000 Residential Sales in Six Months

The sold section lets us look beyond asking prices. The report includes 5,161 closed residential transactions during the previous six months. Those properties had an average listing price of $473,585 and an average sold price of $460,429.

On an aggregate basis, the average sold price is $13,156 below the average listing price, or about 97.2% of the average list price. That is not the same as averaging the individual sale-to-list ratios for all transactions, but it provides useful market context. Negotiation results still vary significantly by neighborhood, condition, property type and price range.

Brevard County Is Not One Housing Market

A countywide average is a useful benchmark, but Brevard contains very different local markets. Melbourne and Palm Bay offer large residential markets with a mix of established neighborhoods and newer development. Cocoa and Titusville provide different locations and price points, while Merritt Island adds substantial waterfront inventory. Along the Atlantic, Cocoa Beach, Cape Canaveral, Satellite Beach, Indialantic and Melbourne Beach add beachfront, condominium and luxury properties that can materially affect local averages.

A Melbourne homeowner should not assume that the countywide average describes a particular neighborhood, and a Cocoa Beach buyer should not evaluate an oceanfront condominium against the same benchmark used for an inland single-family home. The strongest analysis starts with the county and then narrows to city, neighborhood and property type.

Luxury Inventory Also Shapes the Countywide Numbers

The active report includes properties listed at $7 million, $6.299 million, $5.75 million and $5.675 million, among other multimillion-dollar homes. The sold section likewise includes multimillion-dollar transactions. This demonstrates the breadth of Brevard County real estate, but it is another reason countywide averages should never be interpreted as the expected value of a typical home.

What This Means for Brevard County Buyers

With 2,620 active residential properties and an average market time of 99 days, buyers have meaningful inventory to investigate. Properties with substantial market exposure may create negotiating opportunities, especially when comparable homes are competing for the same buyer. At the same time, 1,084 properties are already under contract, showing that well-positioned homes are still finding buyers.

What This Means for Brevard County Sellers

Sellers are competing against sizable active inventory, and the under-contract average asking price is below the active average. That does not mean every seller needs to cut a price, but it does make positioning important. Condition, photography, marketing, location, upgrades and competing inventory can all affect buyer response.

The 5,161 recent sales provide a large pool of closed-market evidence. The most useful comparable sales, however, are those that actually resemble the subject property. Cathy Greene can help homeowners narrow the countywide data to nearby sales and competing listings before making a pricing decision.

Explore Brevard County Market Reports

Use these live market-report pages to move from the countywide picture into individual Brevard County communities:

Barefoot Bay Market ReportCape Canaveral Market ReportCocoa Market ReportCocoa Beach Market ReportGrant Market ReportIndialantic Market ReportMalabar Market ReportMelbourne Market ReportMelbourne Beach Market ReportMerritt Island Market ReportMims Market ReportPalm Bay Market ReportRockledge Market ReportSatellite Beach Market ReportScottsmoor Market ReportTitusville Market Report

Brevard County Real Estate Market FAQ

How many residential properties are currently for sale in Brevard County?

The August 31, 2026 report shows 2,620 active residential properties.

What is the average asking price?

The active inventory averages $527,522, or $253 per square foot.

How many homes are under contract?

The report shows 1,084 properties under contract, averaging $456,629 in asking price and 118 days on market.

How many homes sold during the previous six months?

The report contains 5,161 residential sales, with an average sold price of $460,429.

Is the countywide average a good estimate of my home's value?

No. Brevard includes inland single-family homes, condominiums, waterfront properties, beach communities and multimillion-dollar estates. A useful valuation should focus on comparable properties near the subject home.

Talk With Cathy Greene About Brevard County Real Estate

Cathy Greene
Ellingson Properties
Serving Melbourne and Brevard County, Florida
Phone: 321-258-4378
Email: cathy@cathygreene.com
Website: www.CathyJustSoldIt.com

Market-data note: This article is based on a point-in-time Brevard County residential market report viewed August 31, 2026. Active and under-contract figures are asking-price statistics. Sold figures reflect the report's previous-six-month sold-property section. Listing status, prices, inventory and averages can change. Information is deemed reliable but not guaranteed and should not be used as an appraisal of a specific property.

Posted in Brevard County FL, Melbourne FL
no comments yet
Aug. 24, 2026

30 Space Coast Florida Multi-Family Investment Properties Multifamily August 24 2026

 

Space Coast Investment Market Update • August 24, 2026

30 Space Coast Florida Multi-Family Investment Properties

From a turnkey short-term rental duplex in downtown Cocoa Beach to a well-maintained quadplex in Palm Bay, here's a curated look at the Space Coast's newest income-producing properties on the market today — presented by Cathy Greene of Ellingson Properties.

Multi-family investing along Florida's Space Coast keeps drawing buyers looking for reliable rental income, whether that's a beachside vacation duplex or a long-term-tenant quadplex inland. Below is a roundup of 30 of the newest multi-family listings currently for sale, sorted from most to least expensive, spanning Palm Bay, Cocoa Beach, Titusville, Melbourne, Cape Canaveral, Cocoa and Merritt Island. Whether you're searching for a fully renovated duplex near the beach or a tenant-occupied quadplex with steady cash flow, you can browse full details, photos and more on CathyJustSoldIt.com.

30Properties Featured
$189,000Starting Price
$650,000Top Price
13Price Reductions

Featured Space Coast Multi-Family Listings

Note on scope: three listings above fall outside Florida's Space Coast and are marked with a distinct badge rather than folded into the regional narrative:
  • 508 Palm Avenue, Fort Pierce – roughly 60 miles south, in St. Lucie County.
  • 6359 Hera Street, Englewood – on Florida's Gulf Coast, a different region entirely.
  • 8101 Resort Village Drive Unit 31308, Orlando – an inland Central Florida resort condo near Disney/SeaWorld.

Curious About Any of These Properties?

Every property above is available to view. Reach out to schedule a private showing, get a comparative market analysis, or start a tailored investment property search anywhere along Florida's Space Coast.

Call 321-258-4378 Email cathy@cathygreene.com
Cathy Greene
Ellingson Properties
321-258-4378 • cathy@cathygreene.com
Serving Melbourne, FL and Florida's Space Coast
Property information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Unit counts, square footage, rental income figures and other details should be independently verified with the listing broker. Equal Housing Opportunity.
Posted in Brevard County FL, Cape Canaveral FL, Indialantic FL, Indian Harbour FL, Melbourne FL, Multifamily
no comments yet
Aug. 24, 2026

30 Space Coast Florida Condos For Sale Right Now August 24, 2026

 

Space Coast Condo Market Update • August 24, 2026

30 Space Coast Florida Condos For Sale Right Now

From a full-floor residence at Sea Watch Towers in Indialantic to riverfront units in Cocoa, here's a curated look at the Space Coast's newest condo listings on the market today — presented by Cathy Greene of Ellingson Properties.

Condo living along Florida's Space Coast means direct beach access, low-maintenance ownership, and some of the best sunrise views on the Atlantic side of the state. Below is a roundup of 30 of the newest condo listings currently for sale, sorted from most to least expensive, spanning Indialantic, Indian Harbour Beach, Melbourne Beach, Cocoa Beach, Cape Canaveral, Merritt Island, Cocoa, Melbourne, Satellite Beach and Titusville. Whether you're searching for a beachfront unit at 327 Wilson Avenue in Cocoa Beach or a riverfront residence at 93 Delannoy Avenue in Cocoa, you can browse full details, photos and more on CathyJustSoldIt.com.

30Condos Featured
$849,000Starting Price
$949,000Top Price
8Price Reductions

Featured Space Coast Condos

Note on scope: one listing above, 4180 N Hwy A1a on Hutchinson Island, is located well south of Florida's Space Coast in St. Lucie/Martin County. It's included here as part of the source search results but marked separately since it falls outside the Space Coast region covered by the rest of this roundup.

Curious About Any of These Condos?

Every unit above is available to view. Reach out to schedule a private showing, get a comparative market analysis, or start a tailored condo search anywhere along Florida's Space Coast.

Call 321-258-4378 Email cathy@cathygreene.com
Cathy Greene
Ellingson Properties
321-258-4378 • cathy@cathygreene.com
Serving Melbourne, FL and Florida's Space Coast
Property information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Square footage, room counts, HOA/condo fees and other details should be independently verified with the listing broker. Equal Housing Opportunity.
Posted in Condos, Melbourne Beach FL, Melbourne FL, Melbourne Village FL
no comments yet
Aug. 24, 2026

30 Space Coast Florida Luxury Homes For Sale Right Now August 24 2026

 

Space Coast Luxury Market Update • August 24, 2026

30 Space Coast Florida Luxury Homes For Sale Right Now

From a historic 1925 coastal charmer in Melbourne Beach to riverfront estates in Rockledge and Cocoa, here's a curated look at the Space Coast's top luxury listings on the market today — presented by Cathy Greene of Ellingson Properties.

Florida's Space Coast continues to draw buyers seeking waterfront living, historic character and easy access to both the Atlantic Ocean and the Indian River. Below is a roundup of 30 of the region's top luxury home listings currently for sale, sorted from most to least expensive, spanning Melbourne Beach, Satellite Beach, Indian Harbour Beach, Cocoa Beach, Cocoa, Merritt Island, Rockledge, Titusville, Sebastian and Oak Hill. Whether you're searching for a riverfront new-construction condo in Sebastian or a historic coastal home in Melbourne Beach, you can browse full details, photos and more on CathyJustSoldIt.com.

30Homes Featured
$1.9MStarting Price
$2.1MTop Price
8Price Reductions

Featured Space Coast Luxury Listings

Curious About Any of These Homes?

Every property above is available to view. Reach out to schedule a private showing, get a comparative market analysis, or start a tailored luxury search anywhere along Florida's Space Coast.

Call 321-258-4378 Email cathy@cathygreene.com
Cathy Greene
Ellingson Properties
321-258-4378 • cathy@cathygreene.com
Serving Melbourne, FL and Florida's Space Coast
Property information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Square footage, room counts and other details should be independently verified with the listing broker. Equal Housing Opportunity.
Posted in Brevard County FL, Cape Canaveral FL, luxury, Melbourne FL
no comments yet
Aug. 23, 2026

Is It Better for a Foreign National to Buy a Single-Family Home, Condo, or Townhome in Melbourne, Florida?

 

Cathy Greene Real Estate
Ellingson Properties · Melbourne, FL · Space Coast Specialist
www.CathyJustSoldIt.com

Is It Better for a Foreign National to Buy a Single-Family Home, Condo, or Townhome in Melbourne, Florida?

CG
Cathy Greene
REALTOR, Broker Associate · Ellingson Properties
★★★★★  15 Google Reviews · 22-Year Space Coast Veteran · 150+ Properties Sold
Quick Answer

The right property type for a foreign national buying in Melbourne, Florida depends on how often you’ll be present, how much management capacity you have from abroad, and what you plan to do with the property. Condos offer low-maintenance ownership but come with HOA complexity and Florida’s new reserve requirements. Single-family homes offer maximum freedom at higher maintenance responsibility. Townhomes split the difference. Melbourne FL real estate 2026 has strong options across all three types.

Property type is one of the first questions Cathy Greene, REALTOR at Ellingson Properties and a 22-year veteran real estate agent, works through with every international buyer before a single listing is pulled. Her opening question to every foreign national client: “How often will you be here, and who will manage it when you’re not? The answer almost always points directly to the right property type.”

With over 150 properties sold across Brevard County and 15 Google 5-star reviews, Cathy Greene has guided international buyers through this decision in every Brevard market segment. Here is the honest breakdown for Melbourne FL real estate 2026.

Condos for Foreign Nationals: Lower Entry, Higher Complexity

Q: What should a foreign national know about buying a condo in Melbourne before making an offer?

Condominiums offer the most accessible entry price in Melbourne’s market, and the HOA-managed exterior maintenance — lawn care, exterior painting, building insurance, sometimes pool and amenities — is genuinely appealing for buyers who will not be in the country full-time. Melbourne Beach FL Over 55 Community listings and Cocoa Beach FL Over 55 Community properties offer structured community living with active management — a practical choice for buyers managing their property from abroad.

However, Florida’s SB 4-D (2023) has significantly changed the financial landscape for older condominium buildings. Structural integrity reserve studies are now mandatory for buildings over three stories, and funding those reserves has driven HOA fees sharply higher in many Brevard condo communities. Special assessments in underfunded buildings can reach $20,000–$100,000 per unit. Cathy Greene real estate guidance for condo buyers includes a mandatory HOA document review — reserve study, meeting minutes, financial statements — before any offer. Additionally, some condo buildings on lender restriction lists cannot be financed at all, which limits the buyer pool and affects resale value. Cape Canaveral FL New Construction inventory avoids these issues by starting with fully funded reserves from day one.

Q: Are there financing restrictions specific to condos for foreign national buyers?

Yes. Foreign national loan programs often require additional lender review of the HOA’s financial health before approving financing in a condo building — the same review that domestic conventional lenders conduct. Buildings with inadequate reserves, pending litigation, or high delinquency rates in HOA dues are effectively unlendable, which constrains the buyer pool at resale. This risk is real and should inform any condo purchase decision by an international buyer.

Single-Family Homes: Maximum Freedom, Full Responsibility

Q: Why do many foreign nationals prefer single-family homes in Melbourne?

A single-family home gives a foreign national buyer complete control over their property — no HOA approval process, no rental restrictions imposed by a board, no shared reserve obligation, and no shared walls. For buyers who plan to generate rental income, particularly short-term rental income through platforms like Airbnb or VRBO, single-family homes in non-HOA communities are the most flexible option in the Melbourne market. Palm Bay FL Waterfront Homes and Viera FL Waterfront Homes offer premium lifestyle features within the single-family format that many international buyers specifically seek.

The responsibility side is equally real: roof, HVAC, pool equipment, lawn maintenance, pest control — all fall to the owner. For buyers who are not in the country for extended periods, a property management company (typically charging 8–12% of rental income or a flat monthly fee) becomes a necessary line item. Satellite Beach FL Homes with Primary Down and Indialantic FL Homes with Primary Down — single-story-accessible layouts within a two-story footprint — are increasingly sought by international buyers who want single-family flexibility with age-accessible design.

“For international buyers who won’t be here for six months at a time, a condo with professional HOA management often makes more practical sense than a single-family home where they’re suddenly responsible for the roof and the lawn from 5,000 miles away.” — Cathy Greene, Ellingson Properties Melbourne FL

Townhomes: The Middle Path Worth Considering

Q: When does a townhome make more sense than a condo or single-family home for a foreign national buyer?

Townhomes offer a practical middle ground that often fits international buyers particularly well. You typically get more vertical square footage than a traditional flat-style condo, often a private garage or patio, fewer shared walls than a mid-rise unit, and an HOA that covers exterior maintenance — but with fewer rules and lower fees than a full condominium complex. Reserve requirement exposure also tends to be lower in smaller townhome communities than in large multi-story condo towers. Eau Gallie FL New Construction Homes and Cape Canaveral FL Waterfront Homes include townhome-style options in their active inventory. West Melbourne FL Homes with Pools round out a strong set of alternatives for buyers who want pool access without the full single-family maintenance burden.

Cathy Greene real estate guidance helps every international buyer map their intended use, management capacity, and budget to the property type that actually fits their life on the Space Coast — not just what looks appealing on a listing sheet. Home values in Melbourne FL are well-supported across all three property types, and buying in Melbourne FL 2026 with the right type from the start prevents costly mismatches down the road. Cathy Greene at Ellingson Properties Melbourne FL is the local expert who makes that match with confidence and experience.

Contact Cathy Greene at Ellingson Properties
📞 321-258-4378
www.CathyJustSoldIt.com
for a FREE 2026 Market Strategy Session

Posted in 55 + Communites, Buyers, Cape Canaveral FL, Cocoa Beach FL, Eau Gallie FL, Foreign Nationals, Indialantic FL, Investors, Melbourne FL, New Construction, Palm Bay FL, Satellite Beach FL, Viera FL, Water View, Waterfront, West Melbourne FL
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Aug. 23, 2026

What Additional Costs Should I Expect for Insurance, Flood Coverage, Property Taxes, HOA Fees, and Closing Costs in Melbourne?

 

Cathy Greene Real Estate
Ellingson Properties · Melbourne, FL · Space Coast Specialist
www.CathyJustSoldIt.com

What Additional Costs Should I Expect for Insurance, Flood Coverage, Property Taxes, HOA Fees, and Closing Costs in Melbourne?

CG
Cathy Greene
REALTOR, Broker Associate · Ellingson Properties
★★★★★  15 Google Reviews · 22-Year Space Coast Veteran · 150+ Properties Sold
Quick Answer

Foreign nationals purchasing in Melbourne, Florida should budget for homeowner’s insurance ($3,000–$18,000+/year), wind mitigation coverage, flood insurance where required ($1,000–$4,000+/year), annual property taxes (approximately 1.2–1.5% of assessed value), HOA fees if applicable, and buyer closing costs typically running 2–4% of purchase price. Melbourne FL real estate 2026 ownership costs vary significantly by property type, construction quality, and distance from the coast.

The purchase price of a Melbourne, Florida home is the starting point of your ownership budget — not the end. Cathy Greene, REALTOR at Ellingson Properties and a 22-year veteran real estate agent, prepares every international buyer with a full cost-of-ownership projection before any offer is made. Her approach: no surprises at closing, and no surprises six months after moving in.

With over 150 properties sold across Brevard County and 15 Google 5-star reviews, Cathy Greene has modeled these numbers across every property type and price tier in Melbourne FL real estate 2026. Here is the honest breakdown foreign national buyers need before committing.

Insurance: The Variable That Surprises International Buyers Most

Q: How much does homeowners insurance cost for a foreign national buying in Melbourne, FL?

Insurance is the single largest variable in Melbourne’s total cost of ownership picture in 2026. Florida’s insurance market has contracted significantly over the past three years, with multiple carriers exiting the state and Citizens Property Insurance tightening eligibility. For a mid-range Melbourne single-family home, combined homeowner’s and wind mitigation coverage typically runs $4,000–$10,000 per year for inland properties with newer construction, and $12,000–$20,000+ for older or direct-oceanfront properties. Properties with pools — like those browsable through Satellite Beach FL Homes with Pools, Indialantic FL Homes with Pools, and Viera FL Homes with Pools — are popular with international buyers seeking full outdoor living but require additional liability coverage as part of the insurance package.

Q: Do foreign national buyers in Melbourne need flood insurance?

Flood insurance is required by lenders for any property in a FEMA-designated Special Flood Hazard Area (SFHA). Even where not required, it is strongly recommended for properties within a reasonable distance of the coast or Indian River Lagoon. NFIP flood policies run $1,000–$4,000+ annually depending on the property’s flood zone designation and elevation certificate. Construction type significantly affects insurability: Indialantic FL Block or Concrete Homes and Rockledge FL Block or Concrete Homes typically achieve more favorable insurance rates than frame construction of comparable age and size. Storm shutter coverage matters too: Eau Gallie FL Homes with Storm Shutters and Satellite Beach FL Homes with Storm Shutters access meaningfully lower wind premiums than comparable homes without wind protection.

“I have buyers who expect to spend X on insurance and end up spending three times that because they bought an older frame construction home right on the ocean without getting a quote first. Get the insurance quotes before you make an offer — not after.” — Cathy Greene, Ellingson Properties Melbourne FL

Property Taxes, HOA Fees, and Closing Costs

Q: What are typical property taxes and HOA fees for foreign national buyers in Melbourne?

Brevard County property taxes are assessed at approximately 1.2–1.5% of the assessed value annually, varying by municipality. Foreign national buyers do not qualify for the homestead exemption, so they pay taxes on the full assessed value without the $50,000 reduction available to primary residents. On a $600,000 property, this translates to approximately $7,200–$9,000 per year or $600–$750 per month. HOA fees vary from zero (no HOA) to $800+/month in full-amenity communities. Melbourne Beach FL Homes with Pools and Cocoa Beach FL Homes with Pools in non-HOA settings give buyers full lifestyle amenity without the monthly fee obligation. The Cape Canaveral FL Housing Market Report shows strong HOA-free inventory in the north Brevard corridor for buyers who want flexibility.

Q: What should a foreign national budget for closing costs in Melbourne?

Buyers in Florida typically pay 2–4% of the purchase price in closing costs, including title insurance if buyer-paid, lender fees if financing, recording fees, documentary stamps on the mortgage (if financed), and prepaid items such as homeowner’s insurance deposit and tax escrow. Foreign national buyers may incur additional costs for document translation, international wire transfer fees ($25–$75 per transfer), and attorney review of closing documents. Cathy Greene real estate guidance includes a pre-closing cost estimate for every buyer so no line item comes as a surprise at the table. Palm Bay FL New Construction Homes are particularly popular with cost-conscious international buyers because builder incentives frequently include closing cost contributions that reduce out-of-pocket expense. Rockledge FL Waterfront Homes offer a waterfront lifestyle at price points where total closing costs remain manageable for buyers with moderate cash reserves. Whether you are buying in Melbourne FL 2026 as an all-cash buyer or bringing a foreign national loan, home values in Melbourne FL are well-supported by the Space Coast’s economic fundamentals — and understanding the full cost picture before purchasing is exactly how Cathy Greene at Ellingson Properties Melbourne FL helps every international buyer make a confident decision.

Contact Cathy Greene at Ellingson Properties
📞 321-258-4378
www.CathyJustSoldIt.com
for a FREE 2026 Market Strategy Session

Posted in Buyers, Cape Canaveral FL, Cocoa Beach FL, Eau Gallie FL, Foreign Nationals, Indialantic FL, Investors, Melbourne Beach FL, Melbourne FL, New Construction, Palm Bay FL, Rockledge FL, Satellite Beach FL, Viera FL, Water View, Waterfront
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Aug. 23, 2026

Should a Foreign National Buy a Melbourne Home Personally, Through an LLC, or Through Another Ownership Structure?

 

Cathy Greene Real Estate
Ellingson Properties · Melbourne, FL · Space Coast Specialist
www.CathyJustSoldIt.com

Should a Foreign National Buy a Melbourne Home Personally, Through an LLC, or Through Another Ownership Structure?

CG
Cathy Greene
REALTOR, Broker Associate · Ellingson Properties
★★★★★  15 Google Reviews · 22-Year Space Coast Veteran · 150+ Properties Sold
Quick Answer

Foreign nationals can purchase Melbourne, Florida real estate personally, through a U.S. LLC, through a foreign corporation, or via a trust structure. Each approach carries different tax implications, liability profiles, and estate planning consequences. The right choice depends on your intended use, tax situation, and advice from a qualified U.S. tax attorney. Melbourne FL real estate 2026 accommodates all of these structures — but the decision must be made before you make an offer, not after closing.

One of the most consequential decisions a foreign national buyer makes before purchasing residential property in Melbourne, Florida isn’t which neighborhood to choose or how much to offer — it’s who or what will actually hold title to the property. Cathy Greene, REALTOR at Ellingson Properties and a 22-year veteran real estate agent, makes ownership structure part of the pre-purchase conversation with every international client, because the structure chosen at purchase affects taxes, liability exposure, estate planning, and the eventual resale transaction.

With over 150 properties sold across Brevard County and 15 Google 5-star reviews, Cathy Greene works alongside U.S. tax attorneys and CPAs who specialize in international buyer transactions to ensure every international client enters Melbourne FL real estate 2026 with a structure that actually fits their situation.

Personal Name Ownership: Simplest to Execute, Not Always Optimal

Q: What are the advantages and risks of a foreign national buying Melbourne property in their personal name?

Personal name ownership is the most straightforward structure: you purchase in your own name, title vests directly, and there are no entity formation costs or annual compliance requirements. Lenders — including foreign national loan programs — generally prefer personal name transactions. Melbourne FL Open Floorplan Homes and West Melbourne FL Homes Between $400k–$800k are commonly purchased by foreign nationals in personal name, particularly for all-cash transactions where lending restrictions don’t apply.

The primary risk of personal name ownership for non-resident alien buyers is U.S. estate tax exposure. Non-resident aliens are subject to federal estate tax on U.S.-situs property at death, with a federal estate tax exemption of only $60,000 — compared to $13.61 million for U.S. citizens. On a $700,000 Melbourne property owned in personal name, this could result in a significant estate tax bill. This risk is real and should be explicitly addressed with a qualified estate attorney before closing.

U.S. LLC Ownership: Most Common for International Buyers

Q: Why do many foreign nationals use a U.S. LLC to purchase Melbourne real estate?

A single-member U.S. LLC owned by a foreign national is typically disregarded for U.S. federal income tax purposes — it does not create a separate tax filing obligation beyond the owner’s own return. The LLC provides liability protection: if someone is injured on the property, the lawsuit reaches the LLC rather than the owner’s personal assets. When structured with an intervening foreign corporation (a so-called “offshore” structure), the LLC can also eliminate U.S. estate tax exposure on the property — a meaningful advantage for high-value purchases.

The trade-off is that conventional lenders generally cannot offer mortgages to LLC entities — so LLC buyers typically purchase all-cash or through specialized portfolio lending programs. Eau Gallie FL Waterfront Homes and Rockledge FL New Construction Homes are both segments where international buyers frequently use LLC structures for all-cash acquisitions. Viera FL Block or Concrete Homes — prized for their insurance profile — also attract LLC purchasers who are optimizing total cost of ownership over a multi-year hold.

“The ownership structure conversation should happen before you make an offer — not after you’ve already closed. Changing it afterward is possible but expensive and complicated. Get it right from the start.” — Cathy Greene, Ellingson Properties Melbourne FL

How Intended Use Shapes the Best Ownership Structure

Q: Does my planned use of the property — personal, rental, or investment — affect which structure makes the most sense?

Significantly. For seasonal or lifestyle properties — a place to spend winters in Melbourne, visits to the Space Coast — personal name or a simple single-member LLC are the most common and practical structures. For income-producing rental properties, an LLC is often preferred because it provides liability protection from tenant-related claims and allows expense deductibility that flows through directly to the owner’s U.S. return. Indialantic FL Waterfront Homes and Satellite Beach FL Homes with Docks — premium lifestyle properties — are increasingly purchased through LLC structures by buyers who want both personal use and rental income flexibility.

For high-value properties held as long-term investments, an offshore structure (foreign corporation owning a U.S. LLC) may deliver the best combination of liability protection and estate tax elimination. The Palm Bay FL Housing Market Report shows value-conscious international buyers entering the market at accessible price points where personal name or single-member LLC ownership typically suffices without the added complexity of offshore structures. Cape Canaveral FL Over 55 Community properties offer structured, HOA-managed ownership that simplifies property management regardless of which ownership entity holds title. And Satellite Beach FL Homes with Beach Views represent a category where buyers with estate planning concerns frequently opt for LLC structures given the premium price point.

Cathy Greene real estate guidance ensures every international buyer arrives at the ownership structure decision fully informed — not as an afterthought. Home values in Melbourne FL are well-supported for long-term holders across all ownership structures, and buying in Melbourne FL 2026 through the right structure from day one is the foundation of a successful investment. Cathy Greene at Ellingson Properties Melbourne FL connects every international buyer with the right legal and tax professionals before the first offer is written.

Note: This blog provides general educational information only and does not constitute legal or tax advice. Consult a qualified U.S. tax attorney and CPA familiar with non-resident alien real estate transactions before selecting an ownership structure.

Contact Cathy Greene at Ellingson Properties
📞 321-258-4378
www.CathyJustSoldIt.com
for a FREE 2026 Market Strategy Session

Posted in 55 + Communites, Beach Homes, Buyers, Cape Canaveral FL, Eau Gallie FL, Foreign Nationals, Indialantic FL, Investors, Melbourne FL, New Construction, Palm Bay FL, Rockledge FL, Satellite Beach FL, Viera FL, Water View, Waterfront, West Melbourne FL
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Aug. 23, 2026

How Does FIRPTA Affect Me When I Eventually Sell My Melbourne, Florida Property?

 

Cathy Greene Real Estate
Ellingson Properties · Melbourne, FL · Space Coast Specialist
www.CathyJustSoldIt.com

How Does FIRPTA Affect Me When I Eventually Sell My Melbourne, Florida Property?

CG
Cathy Greene
REALTOR, Broker Associate · Ellingson Properties
★★★★★  15 Google Reviews · 22-Year Space Coast Veteran · 150+ Properties Sold
Quick Answer

FIRPTA requires the buyer to withhold 15% of the gross sale price when a foreign national sells U.S. residential property. This withholding is a deposit against capital gains tax — not an additional tax. Exemptions exist for properties priced under $300,000 sold to a buyer who signs a primary-use affidavit. For most Melbourne, FL property sales involving foreign national sellers, FIRPTA applies and planning during the holding period directly affects the financial outcome at sale.

FIRPTA — the Foreign Investment in Real Property Tax Act — is the one U.S. tax law that foreign national property owners in Melbourne, Florida consistently wish they had understood better before purchasing, not after deciding to sell. Cathy Greene, REALTOR at Ellingson Properties and a 22-year veteran real estate agent, makes FIRPTA part of the pre-purchase conversation with every international client — because the decisions made at the time of purchase have a direct impact on how FIRPTA plays out when you eventually list your home through the selling resources available on the Space Coast.

With over 150 properties sold across Brevard County and 15 Google 5-star reviews, Cathy Greene works alongside qualified U.S. tax professionals to ensure international buyers in Melbourne FL real estate 2026 understand the full exit picture before they commit to a purchase.

How FIRPTA Withholding Actually Works at Closing

Q: What exactly is FIRPTA and how does withholding work when I sell my Melbourne property?

FIRPTA is a federal law requiring the buyer of U.S. real property from a foreign national seller to withhold 15% of the gross sale price and remit it to the IRS. This withholding is a deposit — not a final tax bill. It is applied against the seller’s actual capital gains tax liability when the U.S. tax return for the year of sale is filed. If your actual tax owed is less than the 15% withheld, you receive a refund. On a $600,000 Melbourne property sale, 15% withholding means $90,000 is held at closing. Your actual liability depends on your original purchase price, documented improvements, depreciation claimed during any rental period, and applicable treaty benefits from your country of residence. For many sellers, the refund after filing is substantial.

Q: Who handles the withholding and can the amount be reduced before closing?

The buyer, buyer’s agent, or closing attorney is legally responsible for calculating and remitting FIRPTA withholding. Sellers can apply to the IRS for a withholding certificate before closing — a document that reduces or eliminates the withholding based on actual expected tax liability rather than the default 15%. This certificate typically takes 90 days or more to process, which means planning ahead matters enormously. International buyers considering Melbourne Beach FL Homes with Beach Views or Cocoa Beach FL Homes Between $400k–$800k should factor FIRPTA planning into their purchase decision from day one, since these properties are priced well above any withholding exemption threshold. The Indian Harbour Beach FL Housing Market Report also shows a market where international buyers frequently purchase with a multi-year hold strategy and active FIRPTA planning.

“FIRPTA surprises sellers who didn’t plan for it. The buyers who do best are the ones who structured ownership correctly from day one, filed U.S. tax returns during the holding period, and consulted a tax attorney before the listing went live — not after they got an offer.” — Cathy Greene, Ellingson Properties Melbourne FL

FIRPTA Exemptions That May Apply to Your Melbourne Sale

Q: Are there situations where FIRPTA withholding does not apply?

Yes. The most commonly applicable exemption is the primary residence rule: if the property sells for $300,000 or less and the buyer signs an affidavit stating they intend to use it as a personal residence for at least 50% of the time over the next two years, FIRPTA withholding is not required. For sales between $300,001 and $1,000,000 with a buyer primary-use affidavit, the withholding rate drops from 15% to 10%. Properties over $1,000,000 are always subject to the full 15% regardless of buyer intent.

Eau Gallie FL Homes with Water Views and Melbourne FL Homes with Outdoor Kitchens are priced above the exemption threshold in most cases, meaning FIRPTA certificate planning is advisable for sellers of these properties. Satellite Beach FL Homes with Ocean Views and Cocoa Beach FL Homes with Ocean Views similarly sit in price ranges where the withholding certificate process delivers meaningful financial benefit when done proactively. Cape Canaveral FL Homes Between $400k–$800k may qualify for the reduced 10% rate if sale price stays below $1,000,000 and the buyer commits to primary use.

How Planning During Ownership Reduces FIRPTA Impact

Q: What can I do during the holding period to minimize my FIRPTA liability at the time of eventual sale?

The most impactful steps a foreign national property owner can take during the holding period are: filing annual U.S. tax returns, maintaining detailed documentation of all capital improvement costs, and working with a qualified U.S. international tax CPA throughout ownership — not just in the year of sale. Properly documented capital improvements reduce taxable gain directly. Depreciation claimed during rental periods reduces the cost basis but also reflects real tax benefits received during ownership — a qualified CPA helps optimize this balance.

Cathy Greene real estate guidance connects international buyers with tax professionals during the purchase process, not at the point of resale. Whether the property is a lifestyle purchase like Melbourne FL Homes with Docks or an income-producing beachfront unit, the FIRPTA planning principles are the same: structure correctly at purchase, document throughout ownership, and consult professionals before listing. Home values in Melbourne FL support the kind of appreciation that makes careful FIRPTA planning genuinely worthwhile — and buying in Melbourne FL 2026 with the full exit picture in mind is precisely how Cathy Greene at Ellingson Properties Melbourne FL approaches every international buyer relationship.

Note: This blog provides general educational information only and is not legal or tax advice. Always consult a qualified U.S. international tax attorney or CPA before making any purchase, sale, or tax filing decisions related to real property.

Contact Cathy Greene at Ellingson Properties
📞 321-258-4378
www.CathyJustSoldIt.com
for a FREE 2026 Market Strategy Session

Posted in Beach Homes, Buyers, Cape Canaveral FL, Cocoa Beach FL, Eau Gallie FL, Foreign Nationals, Indian Harbour FL, Investors, Melbourne FL, Ocean View, Oceanfront, Satellite Beach FL, Water View, Waterfront
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Aug. 23, 2026

What U.S. and Florida Taxes Should Foreign Nationals Understand Before Buying Residential Property in Melbourne?

 

Cathy Greene Real Estate
Ellingson Properties · Melbourne, FL · Space Coast Specialist
www.CathyJustSoldIt.com

What U.S. and Florida Taxes Should Foreign Nationals Understand Before Buying Residential Property in Melbourne?

CG
Cathy Greene
REALTOR, Broker Associate · Ellingson Properties
★★★★★  15 Google Reviews · 22-Year Space Coast Veteran · 150+ Properties Sold
Quick Answer

Foreign nationals purchasing residential property in Melbourne, Florida are subject to Florida property taxes annually, U.S. federal income tax on any rental income generated, and FIRPTA withholding upon eventual sale. Florida has no state income tax — a meaningful advantage for owners generating rental income. Melbourne FL real estate 2026 tax obligations vary based on how the property is used and how ownership is structured. Always consult a qualified U.S. tax professional before purchasing.

Taxes are one area where Cathy Greene, REALTOR at Ellingson Properties and a 22-year veteran real estate agent, is direct with every international buyer: the general landscape is straightforward, but the details require a qualified U.S. tax professional who understands cross-border real estate taxation. Cathy’s role is to give buyers an informed overview so they arrive at that tax conversation already knowing the right questions to ask — not discovering surprises after closing.

With over 150 properties sold across Brevard County and 15 Google 5-star reviews, Cathy Greene has worked alongside tax and legal professionals on dozens of international buyer transactions in Melbourne FL real estate 2026. This is the overview every foreign national buyer should understand before purchasing.

Property Taxes and the Homestead Exemption

Q: Do foreign nationals pay Florida property taxes, and are any exemptions available?

All property owners in Florida — regardless of citizenship or residency status — pay annual property taxes based on the assessed value of the property as determined by the Brevard County Property Appraiser. There are no exemptions from this obligation based on foreign nationality. What foreign nationals cannot access is the Florida homestead exemption, which reduces the assessed value by $50,000 for properties designated as a primary U.S. residence. This exemption is only available to buyers who establish Florida as their permanent primary residence — a status that foreign nationals generally do not hold.

The practical impact: on a $600,000 Melbourne property, the homestead exemption would reduce the taxable assessed value to $550,000. Without it, foreign national owners pay taxes on the full $600,000. In Brevard County, the effective millage rate translates to approximately $1.20–$1.50 per $100 of assessed value depending on the municipality — meaning the homestead gap costs a foreign national owner roughly $600–$750 per year. Cocoa Beach FL Waterfront Homes and Satellite Beach FL Waterfront Homes are priced at levels where property tax is a significant carrying cost that should be modeled before purchase.

Q: Does Florida have a state income tax that affects foreign national property owners?

No. Florida has no state income tax — one of the most meaningful financial advantages of owning property in this state. For foreign national owners generating rental income from their Melbourne property, the absence of state income tax means that only U.S. federal income tax applies to that income, not a combined federal-and-state obligation. This is a real advantage compared to states like California or New York, where state income tax on rental income adds meaningfully to the total tax burden. The Eau Gallie FL Housing Market Report and broader Melbourne Beach FL New Construction Homes segment both attract buyers motivated in part by this favorable tax environment.

Rental Income Taxes and the Federal Obligation

Q: How is rental income from my Melbourne property taxed as a foreign national?

U.S.-source rental income is subject to U.S. federal income tax regardless of the property owner’s country of residence. The default treatment is a flat 30% withholding on gross rental income — meaning if your property generates $30,000 in annual rental income, the IRS withholds $9,000 by default. However, foreign nationals can make an election (on a timely filed U.S. tax return) to be taxed on net rental income instead — which means you deduct expenses like property management fees, mortgage interest, insurance, repairs, and depreciation before calculating your taxable income. This election almost always produces a significantly lower tax bill. Indialantic FL Homes with Impact Windows and Viera FL Homes Over $1m are common rental income targets for international buyers in the Melbourne market.

“The tax picture for international buyers in Melbourne is actually quite favorable compared to most other states — no state income tax is a genuine advantage. The federal side requires professional guidance, but the overall picture is manageable once you understand it.” — Cathy Greene, Ellingson Properties Melbourne FL

FIRPTA, Treaty Benefits, and What to Do Next

Q: What is FIRPTA and how does it affect foreign national buyers at the time of purchase?

FIRPTA — the Foreign Investment in Real Property Tax Act — does not affect foreign national buyers at the time of purchase. It becomes relevant when you eventually sell your Melbourne property, at which point the buyer is required to withhold 15% of the gross sale price as a deposit against any capital gains owed. This is covered comprehensively in a dedicated blog on FIRPTA in this series. For now, the key planning point is that proper ownership structure and tax filing during the holding period can significantly reduce or eliminate the FIRPTA withholding at sale. West Melbourne FL Open Floorplan Homes and Rockledge FL Homes Between $400k–$800k are both segments where international buyers frequently purchase with a multi-year hold strategy in mind. Additionally, some countries have U.S. tax treaties that reduce the withholding rate or provide other benefits — a qualified international tax attorney can identify whether your country of residence provides treaty benefits. Cocoa Beach FL Homes under $400k and Palm Bay FL Homes Between $400k–$800k offer accessible entry points for buyers who are also managing their total cost of ownership conservatively. Cathy Greene real estate guidance ensures you are connected with both the right tax professionals and the right properties for your investment horizon. Home values in Melbourne FL and the broader Space Coast are well-supported by the economic fundamentals that make buying in Melbourne FL 2026 a sound long-term decision.

Note: This blog provides general educational information only and is not tax advice. Consult a qualified U.S. international tax attorney or CPA before making any purchasing or tax decisions.

Contact Cathy Greene at Ellingson Properties
📞 321-258-4378
www.CathyJustSoldIt.com
for a FREE 2026 Market Strategy Session

Posted in Buyers, Cocoa Beach FL, Eau Gallie FL, Foreign Nationals, Indialantic FL, Investors, Melbourne FL, New Construction, Palm Bay FL, Rockledge FL, Satellite Beach FL, Viera FL, Water View, Waterfront, West Melbourne FL
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