About This Property
Description from listing agentWelcome to beachside paradise at 118 Bay Drive North, nestled on a prime corner lot in Indian Harbour Beach where tranquil park setting meets effortless coastal living. Step straight out your back door into the sprawling 27-acre grounds of beloved Gleason Park, an incredible extension of your backyard featuring scenic walking paths around the lake, playgrounds, beautiful natural scenery, and a large heated community pool. Less than a mile from the soft sands of the Atlantic Ocean, this fully furnished 3-bedroom, 2-bathroom pool home is loaded with exquisite attention to detail and comes completely turn-key—ready to enjoy on day one. Because short-term rentals are permitted in Indian Harbour Beach and there are no HOA restrictions, this property offers incredible financial flexibility. Utilize it as an investment property, a seasonal retreat that generates income to offset expenses while you're away, or your dream full-time home in paradise.
Space Coast Context
🚀 Launch Viewing — Good Views
28.8 mi from SLC-40
28.8 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.
Price History
- 9/25/26Listed$625K$446/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
Based on 11 comparable sales in this area in the last 180 days.
See & adjust the 11 comparable sales used
Uncheck any home you don't consider comparable — the median updates instantly.
The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.
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
Schools
Elementary
Ocean Breeze
Middle School
Hoover
High School
Satellite
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $3,293
- Property taxes
- $625
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $625K price — down payment shown: $125,000.
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.
