Living in Florida's Space Coast
WEXFORD
Wexford is the neighborhood in Melbourne Beach where $837,500 was the median across two closed sales in the last twelve months, three of five properties front the Indian River, and the association runs about $385 a month. Built 1989 to 1994.
Wexford In Melbourne Beach, Florida
Wexford sits in Melbourne Beach, in the 32951 zip code, on Ballyshannon, Glengarry and Macfarlane. Over the last twelve months two of the five properties I tracked here actually closed, at a $837,500 median.
The housing stock is 3 townhouses and 2 condos, built 1989 to 1994. The size range runs 1,735 to 2,950 square feet, which is wide enough that the neighborhood median tells you very little about any one property. Price it off the comparable sales on that street, not the plat.
Sellers closed at about 91 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.
three of the five properties front the Indian River, 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.
Wexford 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.
| Detail | What you get |
|---|---|
| Housing type | 3 townhouses and 2 condos |
| Home size range | Roughly 1,735 to 2,950 square feet, median about 1,920 |
| Bedrooms and baths | three to four bedrooms, two to three baths |
| Lot size | 0.06 to 0.16 acres, median about 0.11 |
| Year built | 1989 to 1994, median 1993 |
| Median sold price | $837,500 over the last twelve months |
| Sold price range | $500,000 to $1,175,000 |
| Price per square foot | About $377 median |
| HOA dues | $385 median a month, reported on 5 of 5 listings |
| Waterfront | 3 of 5, on the Indian River |
| Private pools | 1 of 5 |
| Garage | 5 of 5 listings reported a garage |
| Property tax | About $5,007 median annual, ranging widely with assessment history |
| Days on market | 80 days median, at about 91 percent of original asking price |
| Location | Melbourne Beach, 32951 |
Wexford Costs, Honestly
The line items that decide what this actually costs you, beyond the purchase price.
Insurance And Flood
Get the quote firstEvery 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 forgetA 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 $5,007 median todayThat 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 91 percent of original listA 80 day median with closings near 91 percent of the original asking price. That is a genuine gap and it is where a prepared buyer makes money.
Wexford Features
Waterfront Available
3 of the 5 properties front the Indian River. 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 $385 a month across 5 of the 5 listings. I pull the budget, the reserve study and the last two years of minutes before you go under contract.
Pool Homes Here
1 of the last 5 had a private pool. On the barrier island the pump, the heater and the screen enclosure age faster than they do inland, so those get inspected separately from the house.
A Very Wide Price Range
From $500,000 to $1,175,000 on the same streets, so condition and location inside the plat decide price far more than the address does.
Original Era Housing
Median year built is 1993. 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
5 of the 5 listings reported a garage, which on the beachside is less common than buyers expect.
Homes For Sale In Wexford
Every active Wexford listing, straight from the MLS and updated as it changes.
Wexford Frequently Asked Questions
What do homes sell for in Wexford?
The median closed price over the last twelve months was $837,500 across two sales, ranging $500,000 to $1,175,000. Median price per square foot was $377.
Does Wexford have an HOA?
Yes. The median reported association fee is $385 a month, on 5 of the 5 listings. What it covers varies, so I read the budget, the reserve study and the assessment history before you go under contract.
Is Wexford waterfront?
3 of the 5 properties front the Indian River. 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 Wexford?
Sellers closed at about 91 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.
Are there pool homes in Wexford?
Yes. 1 of the 5 properties have a private pool. On the barrier island the pump, the heater and the screen enclosure age faster than inland, so I have those inspected separately from the structure.
What are property taxes like in Wexford?
The median bill on record is about $5,007, 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 Wexford?
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.
Melbourne Beach, 32951
Wexford sits in Melbourne Beach, in the 32951 zip code, on Ballyshannon, Glengarry and Macfarlane. 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.
Considering Wexford?
If Wexford 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.
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