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For SaleSingle Family Home
$978K
311 Arrowhead Lane, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Sunnyland Beach Sec 7
3
Bedrooms
2
Bathrooms
2,016
Sq Ft
1980
Year Built
$485 /sqft

About This Property

Description from listing agent

Come live the good life on the water it doesn't get much better than this. Here's your chance to own a slice of paradise in Brevard county's beautiful south beaches. This waterfront canal home with a pool is ready for a new owner. Head to the beach with your golf cart through the HOA's (voluntary) beach access or cruise down to the inlet on your boat for a spot of fishing or watch the sunset over the river. This home is located near Publix, Honest John's fish camp, Long Point, Sebastian Inlet and VIP Island. This three bed, two bath home features vaulted ceilings in the living room with cedar trim and a wood burning fireplace. A large Florida room overlooks the canal and dock with brand new decking and pool. All the major items have been taken care of -impact windows and doors, Roof 2021, A/C 2018, Seawall/boat dock/Pool 2022 and Water heater 2020- new electrical panel with whole house generator fueled by a 500-gallon propane tank which also heats the pool and spa.

Space Coast Context

🚀 Launch Viewing — Fair Views

44 mi from SLC-40

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

Aerospace Commute Guide
L3Harris14.6 mi~33 min
Northrop15.9 mi~35 min
Blue Origin37.4 mi~1h 23m
Lockheed39 mi~1h 27m
SpaceX39.2 mi~1h 27m
Boeing/KSC41.9 mi~1h 33m
KSC42.7 mi~1h 35m

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
  • 6/26/26
    Listed
    $978K
    $485/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
0.23 acres (10,019 sqft)
Full Baths
2
Garage
2 car (attached)
Fireplaces
1
HOA Fee
$70/mo
Waterfront
Indian River
Pool
Yes
Days on Market
41
MLS Area
384 - Indialantic/Melbourne Beach

Community & HOA

HOA

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Jul 17, 2026
Parcel #
29-38-25-Kd-0000c.0-0121.00
$978K

Listing Agent (for property info)

A
Alexandra J. Hodkin
RE/MAX Aerospace Realty
407-284-7718
Call Listing Agent

Estimated Monthly Payment

$6,351/mo
Principal & interest
$5,153
Property taxes
$978
Insurance & HOA
$220

Based on a 6.90% rate, 30-year loan, and $978K price — down payment shown: $195,600.

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# 1081079

What's Nearby

fire stations
Aquarina Fire / Rescue Station 65
0.4 mi away
gas stations
Marathon
1.0 mi away
restaurants
Subway
1.0 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1081079 · Listing Broker: RE/MAX Aerospace 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.