Grand Isle Melbourne

Grand Isle is a gated community of single family homes in Melbourne , Florida, with a range of options priced between $349,000 and $515,000. There are currently a total of 10 homes for sale in Grand Isle. The smallest Grand Isle home presently available is a two bedroom two bathroom residence that is 2,709 square feet (1,422SF Under Air living space).

Property management fees in Brevard County vary depending on the community and sometimes vary between homes in the community. The current HOA fees for homes in Grand Isle range from $299 to $315. This fee includes common area maintenance, grounds maintenance, building maintenance, landscaping, the community pool, and security. Also included is irrigation, real estate taxes for common areas, property insurance, and recreation facilities. Please check the individual listing pages for the exact homeowners association fees for a particular Grand Isle home.

Grand Isle amenities include a clubhouse, swimming pool, spa / hot tub, a state-of-the-art fitness center, and a library. Sports facilities include tennis courts, pickleball courts, Bocce ball, and shuffleboard. There is also a community park, as well as walking or jogging trails.

The Grand Isle HOA rules do allow homeowners to have pets although there are certain breed restrictions. There is a limit of how many pets you may have. Dogs and cats are allowed.

There are four commercial airports that serve Grand Isle - Melbourne Orlando International (MLB), which is twelve miles away; Orlando International (MCO), which is 38 miles away; Orlando Executive (ORL), which is 43 miles away, and Kissimmee Gateway (ISM), which is 44 miles away from Grand Isle.

Grand Isle real estate activity on the Melbourne MLS during the past year (as of October 2025) reflects three homes changing hands, with an average asking price of $454,300 and an average selling price of $438,300. This represents a healthy list-to-sell price ratio of 96% and $182 per square foot. During this period, Grand Isle homes for sale have taken an average of just 26 days to sell.

In addition, there are numerous other communities in Melbourne to choose from, or you may browse all available Melbourne Real Estate, including some new construction opportunities. Homes for sale in Grand Isle are selling quickly. Set up a new listing alert, and we will notify you immediately when a new home in Grand Isle hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your Space Coast real estate needs.

Grand Isle Homes For Sale

Reduced

$515,000

$534,000

MLS#1046914

1685 Timacuan Drive
Melbourne, FL 32940

3

2

2

2,161 SqFt

Water Front

0.21 Acres

153 Days

Reduced

$505,000

$515,000

MLS#1055945

1575 Timacuan Drive
Melbourne, FL 32940

3

2

2

1,781 SqFt

Water Front

0.14 Acres

52 Days

Under Contract

$499,000

MLS#1058439

1767 Grand Isle Blvd
Melbourne, FL 32940

4

2

3

2,204 SqFt

0.33 Acres

22 Days

Under Contract

$449,900

MLS#1057148

1644 Timacuan Drive
Melbourne, FL 32940

3

2

2

2,011 SqFt

0.14 Acres

38 Days

$439,900

MLS#1059880

1671 Lago Mar Drive
Melbourne, FL 32940

3

2

2

1,765 SqFt

0.17 Acres

5 Days

$425,000

MLS#1060102

1464 Timacuan Drive
Viera, FL 32940

3

2

2

2,011 SqFt

0.26 Acres

1 Days

Reduced

$424,000

$439,000

MLS#1047099

1545 Boca Rio Drive
Melbourne, FL 32940

3

2

2

1,793 SqFt

0.17 Acres

151 Days

Reduced

$415,000

$425,000

MLS#1048020

1634 Timacuan Drive
Melbourne, FL 32940

3

2

2

2,709 SqFt

0.14 Acres

137 Days

Reduced

$374,900

$384,500

MLS#1041641

1703 Keys Gate Drive
Melbourne, FL 32940

3

2

2

1,668 SqFt

0.34 Acres

30 Days

Reduced

$349,000

$359,000

MLS#1055634

1692 Keys Gate Drive
Melbourne, FL 32940

2

2

2

1,422 SqFt

0.14 Acres

56 Days

You may also be interested in Grand Isle in Hutchinson Island.

10 Active Listings in Grand Isle