Every property on the water and the association runs $1,236 a month

VERSAILLES SUR LA MER

Versailles Sur La Mer is the condo building in Melbourne Beach where $766,500 was the median across three closed sales in the last twelve months, four of four properties front the Atlantic, and the association runs about $1,236 a month. Built 1981.

2,036 to 2,135 sq ft
Home Size
$766,500
Median Sold Price
$1,236
Association Dues
4 of 4
Waterfront Sales
What Versailles Sur La Mer actually is

Versailles Sur La Mer In Melbourne Beach, Florida

Versailles Sur La Mer sits in Melbourne Beach, in the 32951 zip code, on A1A. Over the last twelve months three of the four properties I tracked here actually closed, at a $766,500 median.

The housing stock is 4 condos, built 1981. Sizes are consistent enough that the comparable sales here read cleanly.

Sellers closed at about 90 percent of original list, one of the softer ratios on the beachside. That usually means listings started high and cut more than once, not that buyers are stealing anything.

four of the four properties front the Atlantic, so water is the default here rather than the upgrade. What moves price is the condition of the seawall, the dock and the lift, and none of that shows in the photos.

The numbers, in one place

Versailles Sur La Mer At A Glance

Every figure below comes from the last twelve months of Melbourne Beach market data for this neighborhood. Nothing here is an estimate.

DetailWhat you get
Housing type4 condos, mostly one story
Home size rangeRoughly 2,036 to 2,135 square feet, median about 2,036
Bedrooms and bathsthree to four bedrooms, three baths
Lot size0.06 to 0.06 acres, median about 0.06
Year built1981, median 1981
Median sold price$766,500 over the last twelve months
Sold price range$715,000 to $780,000
Price per square footAbout $359 median
HOA dues$1,236 median a month, reported on 4 of 4 listings
Waterfront4 of 4, on the Atlantic
Private poolsNone reported on the four recent listings
Garage4 of 4 listings reported a garage
Property taxAbout $6,007 median annual, ranging widely with assessment history
Days on market100 days median, at about 90 percent of original asking price
LocationMelbourne Beach, 32951
Where the money goes

Versailles Sur La Mer Costs, Honestly

The line items that decide what this actually costs you, beyond the purchase price.

Insurance And Flood

Get the quote first

Every address on this island is underwritten on its own elevation certificate, roof age and opening protection. Two properties on the same street can be thousands apart a year. I get you a real quote inside the inspection period, before the payment you are picturing becomes the payment you are stuck with.

The Seawall And The Dock

The item people forget

A seawall has a lifespan and replacing one is a five figure job. So is a dock, a lift and the electrical that runs them. On a property where the association may or may not own that structure, that question gets answered in writing before you go hard on a deposit.

The Tax Bill Resets

About $6,007 median today

That is what the current owners pay, not what you will. Florida caps annual assessment increases for homesteaded owners and the cap resets on sale, so on a property somebody has held fifteen years your first bill can land materially higher. I run the reset number before you write.

Real Negotiating Room

About 90 percent of original list

A 100 day median with closings near 90 percent of the original asking price. That is a genuine gap and it is where a prepared buyer makes money.

What you are actually buying

Versailles Sur La Mer Features

Waterfront Is Standard

4 of the 4 properties front the Atlantic. Verify the seawall condition, the dock permit and the actual depth at low tide before you rely on a listing photo.

Association On Record

A median of $1,236 a month across 4 of the 4 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.

Mostly Single Story

3 of the 4 listings reporting stories were one level, typical of when this was platted.

Original Era Housing

Median year built is 1981. Roof age, wiring and plumbing are the three things that decide both your insurance quote and your first five years of budget.

Garages Are Common

4 of the 4 listings reported a garage, which on the beachside is less common than buyers expect.

Minutes To The Ocean

The ocean is east and the river west, with A1A running the length of the island south toward Sebastian Inlet and north to the Melbourne Causeway.

See what is actually available

Homes For Sale In Versailles Sur La Mer

Every active Versailles Sur La Mer listing, straight from the MLS and updated as it changes.

Straight answers

Versailles Sur La Mer Frequently Asked Questions

What do homes sell for in Versailles Sur La Mer?

The median closed price over the last twelve months was $766,500 across three sales, ranging $715,000 to $780,000. Median price per square foot was $359.

Does Versailles Sur La Mer have an HOA?

Yes. The median reported association fee is $1,236 a month, on 4 of the 4 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.

Is Versailles Sur La Mer waterfront?

4 of the 4 properties front the Atlantic. Which water it is changes the price, and on canal or river frontage the seawall, the dock permit and the low tide depth all need checking before you rely on the photos.

Can you negotiate on price in Versailles Sur La Mer?

Sellers closed at about 90 percent of original list over the last year. That is softer than most of the beachside, which usually means listings started high rather than that buyers are getting bargains. I price the offer off the specific comparable sales, not the neighborhood average.

What are property taxes like in Versailles Sur La Mer?

The median bill on record is about $6,007, but that is what the current owners pay. Florida caps annual assessment increases for homesteaded owners and the cap resets when the property sells, so your first bill can be materially higher. I run the reset number before you write an offer.

What is the buying process like in Versailles Sur La Mer?

I pull the closed comparable sales for the specific street, get a real wind and flood quote inside the inspection period, run the tax reset so the monthly payment you are picturing is the one you will actually have, and read whatever association or deed documents apply. Then we write. Call me at (321) 212-7676.

Where Versailles Sur La Mer sits

Melbourne Beach, 32951

Versailles Sur La Mer sits in Melbourne Beach, in the 32951 zip code, on A1A. The town runs south along A1A from the Melbourne Causeway toward Sebastian Inlet, and the further south you go the thinner and quieter the island gets.

That geography is the whole story on price down here. A Melbourne Beach address can mean a 1950s cottage two blocks from the pier or a gated riverfront community fifteen minutes south. Those are different markets that happen to share a post office.

Melbourne BeachOceanfrontCondos32951$700K Plus
Talk to a local

Considering Versailles Sur La Mer?

If Versailles Sur La Mer is on your list, my partner Nichole and I are the agents to call. We work Melbourne Beach every week, we know these streets, and we will tell you straight whether a property is priced right. Reach out anytime at (321) 212-7676.