About This Property
Description from listing agent''ACCEPTING BACKUP OFFERS''Last opportunity to build in this section of South Indian River Isles--surrounded by riverfront estates and high-end custom homes. This premium homesite sits directly across from the Indian River, offering the same prestigious location and lifestyle without the waterfront premium. The seller is a builder and has a full set of blueprints ready, giving buyers the ability to move quickly with a luxury home specifically designed for this lot. Build the existing plan with the seller or bring your own builder and vision. A recent appraisal supports a completed value of approximately $1.15M, highlighting the immediate upside and long-term value. Opportunities like this are extremely limited--secure your position in one of Rockledge's most desirable river-adjacent communities before it's gone.
Space Coast Context
🚀 Launch Viewing — Good Views
23 mi from SLC-40
23 miles from SLC-40 — visible on clear days, especially at night.
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: SOUTH INDIAN RIVER ISLES HOMEOWNERS ASSOCIATION, I
- Fee: $250 / annually
Schools
Elementary
Suntree
Middle School
DeLaura
High School
Viera
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $1,317
- Property taxes
- $250
- Insurance & HOA
- $400
Based on a 6.90% rate, 30-year loan, and $250K price — down payment shown: $49,980.
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.
