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For SaleSingle Family Home
$1.1M
172 River Walk Drive, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: River Walk By The Sea
4
Bedrooms
3
Bathrooms
2,641
Sq Ft
1994
Year Built
$426 /sqft

About This Property

Description from listing agent

Rare updated single-story pool home in River Walk, Melbourne Beach's sought-after ocean-to-river community with deeded beach access and private community pier, gazebo, and kayak/paddleboard launch. Ocean sunrises, river sunsets - one exceptional location. Soaring cathedral ceilings define 2,600+ sq ft of open-concept living. Disappearing sliding glass doors in the kitchen and living areas open fully to the expansive screened lanai with sparkling pool, spa, covered lounge, and outdoor kitchen; the primary suite opens poolside. The renovated living room features a dramatic floor-to-ceiling shiplap fireplace wall. Tile throughout; split plan offers 4 bedrooms, 3 baths, and an office, with glass pocket doors enclosing a private guest wing - ideal for guests or multigenerational living. Roof 2022, HVAC 2022 & 2026, water heater 2021, pool pump 2024. Air-conditioned workshop off garage. Landscaped 1/3-acre lot. Owner is a licensed FL real estate broker.

Space Coast Context

🚀 Launch Viewing — Fair Views

36.9 mi from SLC-40

36.9 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris7.6 mi~17 min
Northrop8.6 mi~19 min
Blue Origin30.5 mi~1h 8m
Lockheed32 mi~1h 11m
SpaceX32.1 mi~1h 12m
Boeing/KSC34.6 mi~1h 17m
KSC35.3 mi~1h 19m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal 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

Date
Event
Price
  • 7/23/26
    Listed
    $1.1M
    $426/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
0.34 acres (14,810 sqft)
Full Baths
3
Garage
2 car (attached)
HOA Fee
$675/mo
Pool
Yes
Days on Market
4
MLS Area
384-Indialantic/Melbourne Beach

Community & HOA

HOA

  • Name: Riverwalk by the Sea HOA
  • Fee: $675 / annually

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Jul 23, 2026
Parcel #
28-38-21-Ln-0000a.0-0002.00
$1.1M

Listing Agent (for property info)

J
James T White
Manage Street LLC
321-926-4105
Call Listing Agent

Estimated Monthly Payment

$7,877/mo
Principal & interest
$5,927
Property taxes
$1,125
Insurance & HOA
$825

Based on a 6.90% rate, 30-year loan, and $1.1M price — down payment shown: $225,000.

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# 1083241

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Equal Housing Opportunity

MLS# 1083241 · Listing Broker: Manage Street LLC · 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.