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Paradise Beach

Paradise Beach

Suburban Neighborhood in Melbourne, Florida

Brevard County 32903

$740,348 Average Value
$342 Average Price per Sq Ft
64 Homes For Sale

Sun and sand on this barrier island

Primarily residential, Paradise Beach draws snowbirds and permanent homebuyers for its waterfront properties, laid-back lifestyle and access to outdoor fun and amenities. The quaint beach town is part of Florida’s barrier islands between the Atlantic Ocean and the Indian River Lagoon. “It has a certain culture you won’t find anywhere else along the Space Coast. It’s got that Pleasantville vibe,” says Victoria Stacy, a Realtor with One Sotheby’s International. “You go down to the beaches in the morning and see the locals having coffee and talking about the weather. I don’t think you can replicate what they have here.” Besides beach activities and proximity to Indialantic attractions, Paradise Beach’s aerospace and aviation industries also draw homebuyers. Its location is an easy commute to the Kennedy Space Center, the Patrick Space Force Base and Northrop Grumman.

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.

Take in a beautiful, ocean front view of surfing in the waves at Paradise Beach.
Take in a beautiful, ocean front view of surfing in the waves at Paradise Beach.
Spend some time sunbathing on a sailboat in Paradise Beach.
Spend some time sunbathing on a sailboat in Paradise Beach.
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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.

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.

Djon's Village Market is a one of a kind market with a full service grocery store & juice bar.
Djon's Village Market is a one of a kind market with a full service grocery store & juice bar.
Djon's Village Market is a one of a kind market with a full service grocery store & juice bar.
Djon's Village Market is a one of a kind market with a full service grocery store & juice bar.
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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.

Herbert C. Hoover Middle is a public school located in Brevard County, near Paradise Beach.
Herbert C. Hoover Middle is a public school located in Brevard County, near Paradise Beach.
Melbourne High School, "Mel-Hi" is a public secondary school located in Brevard County, Fl.
Melbourne High School, "Mel-Hi" is a public secondary school located in Brevard County, Fl.
Holy Name of Jesus Catholic Community is a higher learning community church & school.
Holy Name of Jesus Catholic Community is a higher learning community church & school.
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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.

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.

Amy David
Written By
Amy David
Photography Contributed By
Philip Bicy
Robert Harris
Video By
Robert Harris

Agents Specializing in this Area

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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

Interested in learning more about homes in this area? Reach out to Shane Burgman, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Melbourne Orlando International

19 min drive

Bus

N HWY A1a & Howard Futch Park

Bus

N Miramar Ave Boskind Rd (Ne Corner)

Bus

N. HWY A1a & Doubletree Hotel

Bus

N Miriamar Ave & Ocean Place

Bus

N Miramar Ave & Grosse Point Ave (Se Corner)

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

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$605,000
Median Single Family Price
$722,500
Median Townhouse Price
$364,450
Median 2 Bedroom Price
$480,000
Average Price Per Sq Ft
$342
Number of Homes for Sale
64
Last 12 months Home Sales
115
Months of Supply
6.70
Median List Price
$669,900
Median Discount From 1st List Price
7%
Median Home Sale Price YoY Change
-5%

Home Facts

Number of Homes in Neighborhood
2,860
Median Year Built
1979
Avg. Single Family Home Size Sq Ft
2,179
Above the national average
1,935
Average Townhouse Size Sq Ft
1,599
Average 2 Bedroom Size Sq Ft
1,374
Average 1 Bedroom Size Sq Ft
730
Median Lot Size Sq Ft
11,325

Open Houses

  • Saturday, Apr 26
    10am - 2pm

    2345 N Riverside Dr, Melbourne, FL 32903

    $1,600,000

    • 7 Beds
    • 3.5 Baths
    • 4,583 Sq Ft
    • 2345 N Riverside Dr
    • New 1 day ago

    Just five minutes from the beach by bike, this stunning 2022 contemporary offers sky-high ceilings, marbled tile floors, and a dramatic stacked stone fireplace in a sunlit great room. Sliders open to a fenced backyard, covered lanai, and summer kitchenâ€''perfect for indoor/outdoor entertaining. The sleek kitchen showcases quartz countertops, Bosch stainless steel appliances, a gas range, prep

    Kelly Lynne Camirand Relentless Real Estate Co.

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  • Sunday, Apr 27
    1 - 3pm

    1177 N Highway A1a Unit 603, Indialantic, FL 32903

    $1,395,000

    • 4 Beds
    • 3.5 Baths
    • 2,910 Sq Ft
    • 1177 N Highway A1a
    • Unit 603
    • New 14 days ago

    OWNER FINANCING AVAILABLE! ALL OFFERS WILL BE CONSIDERED!! Welcome to OCEANFRONT living in this SE CORNER, PENTHOUSE condo, where breathtaking, OCEAN views meet coastal luxury. Only 16 residences in the building, this property boasts EXPANSIVE square footage, W/3 balconies. This unique residence offers both the space & elegance of a home w/all the benefits of a premium condo lifestyle.

    Leann Schneider Grand Star Realty of Brevard

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  • Saturday, Apr 26
    12 - 2pm

    1924 Shore View Dr, Indialantic, FL 32903

    $892,500

    • 3 Beds
    • 2.5 Baths
    • 2,904 Sq Ft
    • 1924 Shore View Dr

    River Shores of Indialantic delivers the ultimate coastal lifestyle, and this stunning 3-bed, 2.5-bath home is your chance to live it. With 2,904 sq ft on a 0.37-acre lot, this property offers space, function, and modern upgrades throughout. A 2022 metal roof, 2024 impact windows, new AC unit, and fresh exterior paint ensure lasting quality. Inside, an open floor plan showcases tile, wood, and

    DeWayne Carpenter Compass Florida, LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Shane Burgman, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

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.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Paradise Beach