Paradise Beach
Suburban Neighborhood in Melbourne, Florida
Brevard County 32903
Long-term living in a destination town
The neighborhood is about 5 miles long, making it walkable and bikeable. It offers ranch- and Mediterranean-style houses and million-dollar waterfront estates. Multifamily and vacation rentals are also available. Most were built in the late-1970s. “The more affordable neighborhoods are farther north,” says Kellie Bowling, Broker for the Coastal Estate Team at Compass. “Prices range anywhere from around $400,000 for a three-bedroom to nearly $4 million for a riverfront estate.” Property sizes average between 1,400 square feet and 5,000 square feet. Most dwellings have pools, lot sizes averaging more than a quarter acre and multicar garages. Beachfront properties are primarily high-rise condominiums. Oceanview is on the lower end, offering two bedrooms starting in the low-$300,000s with a clubhouse, fitness center and pickleball courts. Penthouse four-bedroom condos, like those in the Coral Reef development, can go for over $1 million. Rental single-family houses and condos are mainly along the beachfront and in the heart of town. “Many of the HOA communities have rules against vacation rentals within them, but a small portion falls under the City of Melbourne, which does allow short-term rentals,” Bowling says. Prices start in the mid-$2,000s to the low-$7,000s for an oceanfront multistory beach house. Most residents are within walking or biking distance of the beach and parks. Paradise Beach has a CAP Index Crime Score of 2/10, lower than the national average of 4.Living and playing by Paradise Beach
The beach is the community's biggest draw, sitting steps from residents’ homes. Fishing, swimming and surfing are popular pastimes. The 12-acre beachfront Howard E. Futch Memorial Park is a hub for activity, with sand volleyball courts, playgrounds, dune crossovers and picnic facilities. Sunrise Park is in the neighborhood’s southeastern corner. The beachfront spot features an observation deck and exercise stations. Herbert Hoover Middle provides a large athletic complex with soccer fields, tennis courts and a 21-station exercise trail for public use. Canova Beach Park is less than 2 miles north, making for a quick bike ride. It offers miles of public beach access and a dog beach. James H. Nance Park is directly south and home to the Sea Turtle Preservation Society. The Melbourne and Indialantic areas are among Florida’s top breeding grounds for sea turtles, and the communities provide many refuges and habitats for preservation.
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Highly rated schools in Brevard County
Brevard County Public Schools serves the area and has a B-plus Niche rating. Kids can attend the A-minus-rated Indialantic Elementary, followed by Herbert C. Hoover Middle, which earns a B-plus Niche rating. Students can finish their education at Melbourne Senior High School, which scores an A-minus and offers a robotics club and basketball and soccer teams. Two private school options are also available. Florida Institute of Technology, a private, four-year university known for its engineering and science programs, is 6 miles west.
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Quick drives to the Melbourne Airport
South Highway A1A runs along Paradise Beach’s eastern edge, connecting to Route 518 to the north and Route 192 to the south. Dr. W.J. Creel Bridge, known as the Eau Gallie Causeway, is the north route providing access to the mainland. The southern route links to the Melbourne Causeway, which links the island with Melbourne and Indialantic. Downtown Melbourne is 5 miles west, and Melbourne Orlando International Airport is 7 miles away. Space Coast Area Transit provides public transportation, and bus stops are along South Highway A1A. Health First Holmes Regional Medical Center is the closest hospital, 6 miles west.Relax on the island
Shops and restaurants are along South Highway A1A. “There are a lot of dining options in the area, and they’re quite affordable,” Bowling says. “One of my favorite places to eat is Skewers Mediterranean.” The family-owned eatery is known for its spiced kebabs and banana cake. Village Shoppes-Paradise Beach is at the heart of town, with multiple restaurants. Bunky’s Raw Bar & Grill is a popular spot here for oysters, gumbo and lobster rolls. Long Doggers is a favorite for burgers, beer and foot-long hot dogs. For brunch, there is The Blueberry Muffin. The neighborhood’s Indialantic Shopping Center offers Dollar General, ACE Hardware and other services. Publix is next door. Dijon’s Village Market is 1 mile south of the shopping strip and includes a restaurant, market and rooftop bar. Seven miles west, shopping mall Melbourne Square, offers a wider selection, with roughly 125 retailers.
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Rain and sun on the Atlantic Coast
The neighborhood's subtropical climate is a large part of its appeal. It's known for very mild winters and hot, humid summers. The city overall is susceptible to hurricanes. January through March are peak tourism times.
Written By
Amy David
Photography Contributed By
Philip Bicy
Video By
Victoria Sharpe
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Agents Specializing in this Area
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Dana Saunders
Dana Saunders
Keller Williams Realty Brevard
(321) 450-4923
86 Total Sales
1 in Paradise Beach
$375,000 Price
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Sharyl Tabat
Sharyl Tabat
RE/MAX Elite
(321) 336-5449
95 Total Sales
2 in Paradise Beach
$221K - $500K Price Range
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Marcie Bolt
Marcie Bolt
Engel&Voelkers Melb Beachside
(321) 394-9513
142 Total Sales
3 in Paradise Beach
$435K - $875K Price Range
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Eugene Crockett
Eugene Crockett
EXP Realty LLC
(321) 450-3764
129 Total Sales
1 in Paradise Beach
$605,000 Price
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Andy Noel
Andy Noel
Real Estate Direct of Florida
(321) 616-8897
34 Total Sales
1 in Paradise Beach
$610,000 Price
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Jennifer Pecora
Jennifer Pecora
Watson Realty Corp
(321) 730-2377
123 Total Sales
1 in Paradise Beach
$773,000 Price
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Public
- 7th to 8th
- Public
- Pre-K to 6th
- Public
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Parks in this Area
Paradise Beach & Park
Gleason Park
Howard E. Futch Memorial Park
Gleason Park
Canova Dog Beach
North Riverside Pl. The Swing
- Beach
- Ocean
James H. Nance Park
- Beach
- Playground
Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Paradise Beach | US |
|---|---|---|
| Homicide | 1 | 4 |
| Sexual Assault | 2 | 4 |
| Assault with Weapon | 1 | 4 |
| Robbery | 1 | 4 |
| Burglary | 3 | 4 |
| Motor Vehicle Theft | 1 | 4 |
| Larceny | 3 | 4 |
| Crime Score | 2 | 4 |
Source: WhatIsMyCrimeRisk.com
Paradise Beach Demographics and Home Trends
On average, homes in Paradise Beach, Melbourne sell after 71 days on the market compared to the national average of 49 days. The median sale price for homes in Paradise Beach, Melbourne over the last 12 months is $647,500, up 4% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$689,000
Median Sale Price
$647,500
Median Single Family Sale Price
$727,500
Median Townhouse Sale Price
$370,000
Median 2 Bedroom Sale Price
$495,000
Median Change From 1st List Price
7%
Last 12 months Home Sales
124
Median Home Sale Price YoY Change
4%
Average Price Per Sq Ft
$348
Neighborhood Facts
Number of Homes in Neighborhood
2,855
Number of Homes for Sale
72
Median Year Built
1979
Months of Supply
7.00
Average Single Family Home Size Sq Ft
2,178
Above the national average
1,933
Average Townhouse Size Sq Ft
1,603
Average 2 Bedroom Size Sq Ft
1,361
Average 1 Bedroom Size Sq Ft
730
Median Lot Size Sq Ft
11,325
Open Houses
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Saturday, Jun 1411am - 1pm
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Saturday, Jun 212 - 4pm
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Sunday, Jun 1511am - 2pm
Distribution of Home Values
Homes for Sale
Homes for Rent
Condo Buildings
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Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
6,554
Median Age
53
Population Density
6 ppl/acre
Population under 18
17.6%
Below the national average
23.8%
Population over 65
30.6%
Above the national average
19.1%
Finances
Median Household Income
$110,071
Significantly above the national average
$71,702
Average Household Income
$134,915
Education and Workforce
High School Graduates
95.9%
College Graduates
48.9%
Above the national average
34.1%
Advanced Degrees
21.1%
Above the national average
13.3%
% Population in Labor Force
60.7%
Weather
Annual Precipitation
51''
Average Winter Low Temperature
54°F
Average Summer High Temperature
91°F
Annual Snowfall
0''
Area Factors
Somewhat Bikeable
Bike Score®
43
/ 100
Car-Dependent
Walk Score®
24
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods
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Barrier island city offering the complete beachfront experience
Downtown Melbourne
Coastal homes and a growing shopping scene in the heart of Melbourne
Melbourne
Bustling coastal city boasting beautiful parks and appealing attractions
Melbourne Beach
Beach community on Florida's Space Coast w/ lots of outdoor rec, shops, & eateries
Bayfront Village
Cast a fishing line into the Indian River on Florida’s Space Coast
West Melbourne
A commercial mecca bordering the Atlantic Ocean
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