1 / 50
For SaleSingle Family Home
$1.5M
168 Bayshore Drive, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Sunnyland Groves Subd
3
Bedrooms
3
Bathrooms
2,428
Sq Ft
2007
Year Built
$617 /sqft

About This Property

Description from listing agent

Architectural masterpiece with breathtaking Indian River views from virtually every room, situated on more than 1/2 acre, just one block from the Atlantic Ocean. Built in 2007 with conc blk/frame construction, this exceptional waterfront residence showcases the quality & craftsmanship discerning buyers expect, including a metal roof, maple cabinetry & flooring, tumbled marble finishes, custom millwork, plantation shutters, epoxy-coated 3 car garage floor, a private dock with floating dock, & a custom pool with oversized spa. Offering three levels of living, each floor features its own bedroom, full bathroom, living area, & private covered balcony, creating an ideal layout for multigenerational living or hosting guests. The entire third floor is dedicated to the owner's retreat, featuring sweeping river views from the bedroom, sitting room, spa-inspired bathroom with jetted tub, & an exceptionally private covered balcony. The chef's kitchen is designed to impress with maple cabinetry,

Space Coast Context

🚀 Launch Viewing — Fair Views

45 mi from SLC-40

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

Aerospace Commute Guide
L3Harris15.6 mi~35 min
Northrop17 mi~38 min
Blue Origin38.4 mi~1h 26m
Lockheed40 mi~1h 29m
SpaceX40.2 mi~1h 30m
Boeing/KSC42.9 mi~1h 36m
KSC43.7 mi~1h 37m

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
  • 10/14/26
    Listed
    $1.5M
    $617/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
0.52 acres (22,651 sqft)
Full Baths
3
Garage
3 car (attached)
Waterfront
Indian River
Pool
Yes
Days on Market
1
MLS Area
385 - South Beaches

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Oct 14, 2026
Parcel #
29-38-36-01-00000.0-0004.14
$1.5M

Listing Agent (for property info)

P
Pamela Ann Reynolds
RE/MAX Alternative Realty
321-720-5654
Call Listing Agent

Estimated Monthly Payment

$9,547/mo
Principal & interest
$7,898
Property taxes
$1,499
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $1.5M price — down payment shown: $299,800.

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# 1089969

What's Nearby

fire stations
Aquarina Fire / Rescue Station 65
0.7 mi away
gas stations
Marathon
2.0 mi away
restaurants
Subway
2.0 mi away
grocery
Winn-Dixie
2.6 mi away
fire stations
Micco Fire / Rescue Station 86
2.7 mi away
libraries
South Mainland Library Micco Branch
2.7 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1089969 · Listing Broker: RE/MAX Alternative 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.