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For SaleSingle Family Home
$735K
202 River Walk Drive, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: River Walk By The Sea
4
Bedrooms
3
Bathrooms
2,463
Sq Ft
1979
Year Built
$298 /sqft

About This Property

Description from listing agent

Rare opportunity in highly desirable Melbourne Beach. This 4-bedroom, 2.5-bath pool home offers nearly 2,500 sq ft on over 1/3 acre with very low HOA and exclusive private beach access plus a community fishing pier. Solid fundamentals include a brick exterior, flat concrete tile roof, 2019 HVAC, updated ductwork (approx. 10 years), and a 2024 water heater. A large pavered side-entry driveway provides ample parking and functionality. Surrounded by million-dollar homes, this property presents a prime value-add opportunity—bring your vision, update to taste, and unlock immediate equity in one of the area's most sought-after coastal neighborhoods. Ideal for buyers seeking customization, strong upside, and long-term appreciation paired with true beachside living.

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
L3Harris7.5 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

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 12/19/25
    Listed
    $735K
    $298/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
2
Half Baths
1
Garage
2 car
Fireplaces
1
HOA Fee
$800/mo
Pool
Yes
Days on Market
201
MLS Area
384-Indialantic/Melbourne Beach

Community & HOA

HOA

  • Name: River Walk By The Sea
  • Fee: $800 / annually

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Dec 19, 2025
Parcel #
28-38-21-Ln-0000a.0-0005.00
$735K

Listing Agent (for property info)

E
Elliott C. Grozan
Denovo Realty
407-601-8042
Call Listing Agent

Estimated Monthly Payment

$5,558/mo
Principal & interest
$3,873
Property taxes
$735
Insurance & HOA
$950

Based on a 6.90% rate, 30-year loan, and $735K price — down payment shown: $147,000.

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# 1064682

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Equal Housing Opportunity

MLS# 1064682 · Listing Broker: Denovo Realty · 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.