About This Property
Description from listing agentDiscover this spacious 4-bedroom, 2-bathroom home in the highly sought-after community of Melbourne Shores. Just a short walk from both the ocean and the river, this property is perfect for those who enjoy the beach lifestyle and spending time outdoors. Set on a beautifully maintained 0.4-acre lot, there is plenty of space to add a pool, create outdoor entertainment areas, and park an RV or boat. Inside, the home features an expansive great room with a fireplace and two back porches, one is enclosed with air conditioning and the other is screened. Lovingly cared for by the same owner for over 30 years, this home offers a solid foundation and is ready for your cosmetic updates. The voluntary HOA is just $150 per year and includes access to a riverfront park with fishing pier, boat racks, picnic area, playground, and deeded ocean access with beach pavilion and parking. With nearby nature preserves and a peaceful neighborhood setting, this home offers amazing coastal Florida living!
Space Coast Context
🚀 Launch Viewing — Fair Views
41.5 mi from SLC-40
41.5 miles from SLC-40 — visible as a bright streak in good conditions.
Estimates only — verify with Google Maps.
Flood Risk
Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.
Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Offer Intelligence
Price history and market context for this listing.
How we match comps
Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:
- ✓Same property type, always (single family, condo, townhouse, etc.)
- ✓Single-story homes compared only to single-story (and multi to multi)
- ✓Exact bedroom count
- ✓Bathrooms within ±0.5
- ✓Garage spaces within ±1
- ✓Pool status must match
- ✓Waterfront status must match
- ✓HOA must match (HOA community vs. no HOA)
- ✓Price within ±5–20% of list price (tightest in early tiers)
- ✓Square footage within ±10–25% (tighter in early tiers)
- ✓Year built always within ±5–20 years (never dropped)
We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.
Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.
Location
Get DirectionsAdditional Details
Community & HOA
HOA
- Name: Melbourne Shores Property Owners AssociationView HOA Profile →
- Fee: $150 / annually
Schools
Elementary
Gemini
Middle School
Hoover
High School
Melbourne
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $3,319
- Property taxes
- $630
- Insurance & HOA
- $300
Based on a 6.90% rate, 30-year loan, and $630K price — down payment shown: $125,980.
This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.
