Grand Isle Melbourne

Grand Isle is a gated community of single family homes in Melbourne, Florida, with a range of options priced between $374,900 and $550,000. There are currently a total of 6 homes for sale in Grand Isle. The smallest Grand Isle home presently available is a two bedroom two bathroom residence that is 1,545 square feet, and the largest of the Grand Isle homes currently on the market has four beds and two baths and is a 3,178 square foot (2,204SF 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 $305 to $325. 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, water, pest control, 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, and there is a restriction on pet size. 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 May 2026) reflects that just one home changed hands during this time. Offered with an asking price of $354,900 and selling for $350,000, this represents a list/sell ratio of 99%. Our data shows that it sold the same day it was listed, although our exprience tells us that this does not always reflect a complete picture of the situation.

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

Under Contract

$550,000

$560,000

MLS#1071725

1766 Grand Isle Blvd
Melbourne, FL 32940

4

2

3

3,178 SqFt

Water Front

0.22 Acres

58 Days

Reduced

$475,000

$485,000

MLS#1068623

1635 Timacuan Drive
Melbourne, FL 32940

3

2

2

2,010 SqFt

Water Front

0.14 Acres

93 Days

Under Contract

$439,000

$449,000

MLS#1071062

1614 Timacuan Drive
Melbourne, FL 32940

3

2

2,025 SqFt

0.17 Acres

65 Days

Reduced

$434,999

$439,999

MLS#1070606

1575 Boca Rio Drive
Melbourne, FL 32940

3

2

1,764 SqFt

0.17 Acres

70 Days

$415,000

MLS#1075751

1611 Lago Mar Drive
Melbourne, FL 32940

3

2

2

2,518 SqFt

0.18 Acres

10 Days

Under Contract

$414,000

$429,000

MLS#1067219

1471 Lago Mar Drive
Melbourne, FL 32940

2

2

2

1,545 SqFt

0.15 Acres

107 Days

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

6 Active Listings in Grand Isle