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For SaleSingle Family Home
$1.1M
515 Inwood Lane, Indian Harbour Beach, FL 32937
Satellite Beach neighborhood
Subdivision: Inwood Isles Subd
4
Bedrooms
4
Bathrooms
2,695
Sq Ft
1963
Year Built
$408 /sqft

About This Property

Description from listing agent

Beautifully updated concrete block home located on the Grand Canal in Indian Harbour Beach! Four bedrooms, three and a half bathrooms, two car garage, and large open living spaces on .36 of an acre. This home boasts two primary bedrooms with en-suite bathrooms, one of which could be used as a mother-in-law suite. The two guest bedrooms are joined by a Jack and Jill bathroom. This home is in a prime location and is absolutely stunning. Amazing kitchen and large windows...this home is light and bright! New seawall to be installed by current owner before closing. Show today!

Space Coast Context

🚀 Launch Viewing — Good Views

28 mi from SLC-40

28 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
Northrop2.5 mi~6 min
L3Harris4.5 mi~10 min
Blue Origin22 mi~49 min
SpaceX23.2 mi~52 min
Lockheed23.2 mi~52 min
Boeing/KSC25.2 mi~56 min
KSC25.8 mi~57 min

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / 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.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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.

Additional Details

Lot Size
0.36 acres (15,682 sqft)
Full Baths
3
Half Baths
1
Garage
2 car
Waterfront
Grand Canal
Days on Market
71
MLS Area
382-Satellite Bch/Indian Harbour Bch

Schools

Elementary

Ocean Breeze

Middle School

Hoover

High School

Satellite

Financial & Listing Details

Listed
May 15, 2026
Parcel #
27-37-11-26-00000.0-0003.00
$1.1M

Listing Agent (for property info)

M
Michelle M Forehand
Relentless Real Estate Co.
321-292-1164
Call Listing Agent

Estimated Monthly Payment

$7,046/mo
Principal & interest
$5,796
Property taxes
$1,100
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $1.1M price — down payment shown: $220,000.

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.

MLS# 1077393

Interested in this property?

Equal Housing Opportunity

MLS# 1077393 · Listing Broker: Relentless Real Estate Co. · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.