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For SaleSingle Family Home
$599K
5875 Riverside Drive, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Melbourne Shores 2nd Addn
4
Bedrooms
3
Bathrooms
3,306
Sq Ft
1983
Year Built
$181 /sqft

About This Property

Description from listing agent

BRAND NEW ROOF 2026! Three story Key West style home has endless square footage and a pretty river view. As you enter into the living room you will notice the wood floors and high vaulted ceiling with large living area plus dining room. Enter the spacious kitchen with center island, stainless steel appliances and quaint breakfast nook. The views from the many windows display the lush landscape and let an abundance of natural light flow in. On the top level is primary retreat with large walk in closet and private balcony that has river view. 1st floor guest suite w/ 1 bedroom plus bath, wet bar, family room w/ slider leading to spacious covered lanai and huge backyard with room for pool. Big 2 garage w/ tall ceilings for extra storage. Enjoy direct ocean access w/ covered pavilion/picnic table + staircase to the sandy beach. Walk to community river park that offers fishing on community pier with kayak storage offered and playground. Both accesses even have port a potties.

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.

Aerospace Commute Guide
L3Harris12 mi~27 min
Northrop13.3 mi~30 min
Blue Origin35 mi~1h 18m
Lockheed36.6 mi~1h 22m
SpaceX36.7 mi~1h 22m
Boeing/KSC39.3 mi~1h 28m
KSC40.1 mi~1h 29m

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.

Price History

Date
Event
Price
  • 8/11/26
    Listed
    $599K
    $181/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

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
0.26 acres (11,326 sqft)
Full Baths
3
Garage
2 car (attached)
Fireplaces
1
HOA Fee
$125/mo
Days on Market
65
MLS Area
385 - South Beaches

Community & HOA

HOA

  • Name: Melbourne Shores
  • Fee: $125 / annually

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Aug 11, 2026
Parcel #
29-38-15-Ha-00011.0-0035.00
$599K

Listing Agent (for property info)

L
Laura L Dowling Roy PA
Premier Properties Real Estate
321-223-4671
Call Listing Agent

Estimated Monthly Payment

$4,030/mo
Principal & interest
$3,156
Property taxes
$599
Insurance & HOA
$275

Based on a 6.90% rate, 30-year loan, and $599K price — down payment shown: $119,800.

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# 1084769

What's Nearby

restaurants
Subway
1.7 mi away
gas stations
Marathon
1.7 mi away
golf
The Habitat
2.9 mi away
fire stations
Aquarina Fire / Rescue Station 65
3.0 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084769 · Listing Broker: Premier Properties Real Estate · 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.