Grand Isle Melbourne

Grand Isle is a gated community of single family homes in Melbourne , Florida, with a range of options priced between $359,000 and $524,000. There are currently a total of 9 homes for sale in Grand Isle. The smallest Grand Isle home presently available is a two bedroom two bathroom residence that is 2,701 square feet (1,668SF Under Air living space), and the largest of the Grand Isle homes currently on the market has four beds and three baths and is a 2,709 square foot (2,446SF Under Air) residence.

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 $319. 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 September 2025) reflects four homes changing hands, with an average asking price of $457,475 and an average selling price of $440,725. This represents a healthy list-to-sell price ratio of 96% and $180 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

$515,000

MLS#1055945

1575 Timacuan Drive
Melbourne, FL 32940

3

2

2

1,781 SqFt

Water Front

0.14 Acres

6 Days

Under Contract

$499,999

$570,000

MLS#1040033

1626 Grand Isle Blvd
Melbourne, FL 32940

4

3

2

2,446 SqFt

0.22 Acres

52 Days

Under Contract

$449,000

$469,500

MLS#1039835

1534 Timacuan Drive
Melbourne, FL 32940

3

2

2

1,995 SqFt

0.25 Acres

178 Days

Reduced

$429,000

$439,000

MLS#1047099

1545 Boca Rio Drive
Melbourne, FL 32940

3

2

2

1,793 SqFt

0.17 Acres

105 Days

Reduced

$420,000

$425,000

MLS#1048020

1634 Timacuan Drive
Melbourne, FL 32940

3

2

2

2,709 SqFt

0.14 Acres

91 Days

Reduced

$419,000

$429,000

MLS#1041356

1464 Timacuan Drive
Melbourne, FL 32940

3

2

2

2,701 SqFt

0.26 Acres

163 Days

$379,900

MLS#1050895

1713 Keys Gate Drive
Melbourne, FL 32940

2

2

2

1,545 SqFt

0.35 Acres

64 Days

Reduced

$374,900

$384,500

MLS#1041641

1703 Keys Gate Drive
Melbourne, FL 32940

3

2

2

1,668 SqFt

0.34 Acres

160 Days

$359,000

MLS#1055634

1692 Keys Gate Drive
Melbourne, FL 32940

2

2

2

1,422 SqFt

0.14 Acres

10 Days

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9 Active Listings in Grand Isle