8327 Jimmy Buffett Mem Highway, Melbourne Beach, FL 32951 — MLS photo

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8327 Jimmy Buffett Mem Highway, Melbourne Beach, FL 32951

Active · SingleFamilyResidence

$2,600,000

8327 Jimmy Buffett Mem Highway, Melbourne Beach, FL 32951

Beds
3
Baths
3
Living area
3,242 sq ft
$ / sq ft
$802/sq ft
Year built
1996
Lot size
21,780 sq ft
HOA fee
—
Annual tax
$10,419

About this property

Privately owned beach. No HOA. Rocket launches from your veranda. This three-story oceanfront estate on Melbourne Beach's A1A corridor delivers what most listings only promise — direct private beach access, a personal elevator, soaring vaulted ceilings, marble and hardwood floors, and sweeping Atlantic views from two wraparound verandas. The 24x15 great room, full bar, and 3rd-floor primary suite with jetted tub are built for how luxury buyers actually live. No HOA means no short-term rental restrictions — serious Airbnb income potential. 6-car parking. Room for pool. 50 min to Disney, 50 min to Cape Canaveral. Your beach. Your rules. Nothing else like it on this coast. This is one of the rarest offerings on the entire Melbourne Beach A1A corridor — a three-story oceanfront estate with a privately owned beach, no HOA, a private elevator, and unobstructed Atlantic views from two wraparound verandas that have watched more rocket launches than most people will see in a lifetime. Cape Canaveral is 50 minutes north. Your front-row seat is right here. At 3,242 square feet, this is not a cramped oceanfront cottage. The living spaces are genuinely large — a 24x15 great room that opens to the ocean, a generous primary suite occupying the entire third floor with a sitting area and jetted soaking tub, and a flexible loft that functions beautifully as a home office, media room, or fourth sleeping space. Marble and hardwood floors throughout. Soaring vaulted and cathedral ceilings. A fireplace. A full bar. Six-car parking on half an acre of oceanfront land. The private walkway delivers you directly to your own white-sand shoreline — not a shared beach access, not a deeded easement. Your beach. That is not a phrase most listings on this coast can use. No HOA also means no short-term rental restrictions — this property has immediate Airbnb income potential that comparable oceanfront listings simply cannot offer. A premium oceanfront home with a private beach, elevator access, and Space Coast rocket launch views commands top-tier nightly rates. Turnkey and sold as-is. Three full baths. Full security system with cameras. Well water and public sewer. Two-car attached garage plus four additional spaces. Room for a pool. Positioned 50 minutes from Disney World and within easy reach of Vero Beach and Melbourne — this is the Space Coast's answer to Palm Beach oceanfront, at a fraction of the price per square foot. Private beach. No HOA. Rocket launches from your veranda. There is nothing else like this on the market.

Property location

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8327 Jimmy Buffett Mem Highway, Melbourne Beach, FL 32951

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
3,242 sq ft
Flooring
Hardwood, Marble, Tile, Vinyl, Wood
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Self Cleaning Oven, Water Softener, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Electric
Interior features
Built In Features, Bathtub, Dining Area, Separate Formal Dining Room, Dual Sinks, Entrance Foyer, Eat In Kitchen, French Doors Atrium Doors, Fireplace, High Ceilings, Jetted Tub, Kitchen Island, Sitting Area In Primary, Shower Only, Stacked Bedrooms, Upper Level Primary, Vaulted Ceilings, Bar, Walk In Closets, Elevator, Loft
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1996
Stories
3
Lot size
21,780 sq ft
Architectural style
Mediterranean
Roof
Barrel, Concrete, Tile
Construction
CBSConcrete Block Structure, Block, Stucco
Exterior features
Balcony, Patio, Room For Pool, Storm Security Shutters
Pool
None
View
Intercoastal, Lagoon, Ocean, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Amenities
Elevators
Security
Closed Circuit Cameras, Fire Alarm, Lobby Secured, Motion Detectors, Security System Owned, Security System, Smoke Detectors
Pets allowed
No
Annual tax
$10,419
Subdivision
A PLAT OF BEACH HOUSE ESTA
County
Brevard
Days on market
182
MLS listing ID
B26019169
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,023

Cap rate
4.3%
Net yield
4.3%
Cash-on-cash return
-5.0%
Gross yield
6.0%
Mortgage payment
$12,325/mo
Down payment
$650,000
Loan amount
$1,950,000
Annual NOI
$111,630

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.