A fully reimagined, turn-key Indian River front property offering privacy, performance, and exceptional waterfront living. A rare direct Indian River waterfront estate offering 100 feet of frontage on .64 acres in the heart of Melbourne Beach. Oriented west to capture extraordinary sunsets across the wide river basin, this 4-bedroom, 2.5-bath residence spans 3,361 square feet of extensively redesigned living space. The home was thoughtfully expanded and structurally improved to maximize light, scale, and water views. A reconfigured open floor plan flows toward 7' x 12' pocketing impact sliders, creating a seamless transition to the waterfront. The 2022 kitchen renovation features Sub-Zero and Wolf appliances, an expanded island, custom cabinetry, and elevated finishes suited for both entertaining and everyday living. The primary suite was enlarged to create a true private retreat with a freestanding soaking tub, multi-head shower, quartz counters, custom cabinetry -- with integrated outlets, and a Toto washlet. Impact-rated windows and doors line the rear elevation, enhancing both protection and panoramic views. Outdoor living is deliberate and refined, with over 3,000 square feet of travertine pool decking, a covered lanai overlooking the river, a custom vaulted porch, outdoor hot and cold shower, and private dock with enlarged platform. A new seawall (2023), new roof (2020), full replumbing, 5-ton Trane HVAC with three zones, and hybrid energy-efficient water heater reflect the level of investment behind the walls. This is a structurally upgraded, turn-key waterfront residence designed for elevated coastal living.
Pending
Price increase: $100K (2/26)
$2,395,000
408 Riverside Dr, Melbourne Beach, FL 32951
4beds
3,361sqft
Est.:
Single Family Residence
Built in 1972
0.64 Acres Lot
$2,341,400 Zestimate®
$713/sqft
$-- HOA
What's special
Expanded islandCustom vaulted porchQuartz countersToto washletReconfigured open floor planCustom cabinetryFreestanding soaking tub
- 26 days |
- 3,337 |
- 127 |
Zillow last checked: 7 hours ago
Listing updated: March 17, 2026 at 11:34am
Listed by:
Benjamin S. Glover 321-298-2548,
Waterman Real Estate
Source: Space Coast AOR,MLS#: 1069182
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Oven, ENERGY STAR Qualified Water Heater, Gas Cooktop, Refrigerator, Washer/Dryer Stacked
- Laundry: In Unit, Lower Level
Features
- Breakfast Bar, Breakfast Nook, Built-in Features, Eat-in Kitchen, His and Hers Closets, Kitchen Island, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Walk-In Closet(s)
- Has fireplace: No
Interior area
- Total structure area: 4,732
- Total interior livable area: 3,361 sqft
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Circular Driveway, Garage Door Opener
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Rear Porch
- Exterior features: Courtyard, Dock, Outdoor Shower, Boat Lift, Impact Windows, Storm Shutters
- Has private pool: Yes
- Pool features: In Ground
- Has spa: Yes
- Spa features: In Ground
- Fencing: Back Yard
- Has view: Yes
- View description: River, Intracoastal
- Has water view: Yes
- Water view: River,Intracoastal
- Waterfront features: Navigable Water, River Front, Intracoastal
- Body of water: Indian River
Lot
- Size: 0.64 Acres
- Features: Many Trees, Sprinklers In Front, Sprinklers In Rear
Details
- Additional parcels included: 2847312
- Parcel number: 283806790000k.00007.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Concrete, Stucco
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Private
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Propane
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: River Colony W Section The
HOA
- Has HOA: No
Location
- Region: Melbourne Beach
Financial & listing details
- Price per square foot: $713/sqft
- Tax assessed value: $1,528,930
- Annual tax amount: $12,082
- Date on market: 3/3/2026
- Listing terms: Cash,Conventional
Estimated market value
$2,341,400
$2.22M - $2.46M
$5,443/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2026 | Pending sale | $2,395,000$713/sqft |
Source: Space Coast AOR #1069182 Report a problem | ||
| 2/26/2026 | Price change | $2,395,000+4.4%$713/sqft |
Source: Space Coast AOR #1069182 Report a problem | ||
| 2/22/2026 | Pending sale | $2,295,000$683/sqft |
Source: Space Coast AOR #1069182 Report a problem | ||
| 2/20/2026 | Listed for sale | $2,295,000+56.3%$683/sqft |
Source: Space Coast AOR #1069182 Report a problem | ||
| 3/17/2006 | Sold | $1,468,000+8.7%$437/sqft |
Source: Public Record Report a problem | ||
| 5/5/2004 | Sold | $1,350,000+309.1%$402/sqft |
Source: Public Record Report a problem | ||
| 3/31/1998 | Sold | $330,000$98/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,754 +2.2% | $811,590 +3% |
| 2023 | $11,504 +1.3% | $787,960 +3% |
| 2022 | $11,356 -3.5% | $765,010 +3% |
| 2021 | $11,773 +0.8% | $742,730 +1.4% |
| 2020 | $11,684 +0.1% | $732,480 +2.3% |
| 2019 | $11,678 | $716,020 +1.9% |
| 2018 | $11,678 +0.5% | $702,670 +2.1% |
| 2017 | $11,618 +1.2% | $688,220 +2.1% |
| 2016 | $11,482 -2.6% | $674,070 +0.7% |
| 2015 | $11,791 -2% | $669,390 +0.8% |
| 2014 | $12,032 | $664,080 +5.3% |
| 2013 | -- | $630,440 +2.4% |
| 2012 | $11,813 -0.2% | $615,550 -1.4% |
| 2011 | $11,838 -3.8% | $624,540 -11.2% |
| 2010 | $12,310 -7.3% | $703,600 -12.5% |
| 2009 | $13,284 -14.9% | $804,480 -18.6% |
| 2008 | $15,613 -3.5% | $988,000 -4.1% |
| 2007 | $16,187 -8.8% | $1,030,000 +34% |
| 2005 | $17,746 +100.3% | $768,430 +26.4% |
| 2004 | $8,859 -4.1% | $607,990 +2.6% |
| 2003 | $9,238 +2.4% | $592,370 +5.2% |
| 2002 | $9,020 +1.8% | $563,140 +5.5% |
| 2001 | $8,865 +3.7% | $534,030 +17.3% |
| 2000 | $8,547 | $455,380 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$14,696/mo
Principal & interest
$11762
Property taxes
$2934
More affordability tools
Climate risks
Neighborhood: 32951
Nearby schools
GreatSchools rating
- 10/10Gemini Elementary SchoolGrades: PK-6Distance: 1.6 mi
- 6/10Herbert C. Hoover Middle SchoolGrades: 7-8Distance: 1.9 mi
- 6/10Melbourne Senior High SchoolGrades: 9-12Distance: 3.3 mi
Schools provided by the listing agent
- Elementary: Gemini
- Middle: Hoover
- High: Melbourne
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 32951
- Florida
- Brevard County
- Melbourne Beach
- 32951
- 408 Riverside Dr
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