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For SaleSingle Family Home
$555K
121 Ocean Ridge Drive, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Ocean Ridge
3
Bedrooms
2
Bathrooms
1,500
Sq Ft
1997
Year Built
$370 /sqft

About This Property

Description from listing agent

WOW NEW ROOF MARCH 2026, WELL MAINTAINED CHARMING HOME WITH VAULTED CEILINGS AND OPEN FLOOR PLAN. HURRICANE GARAGE DOOR AND SHUTTERS, GUTTERS, FENCED LARGE YARD, POOL HEATER 2025, WASHER 2026, TILE FLOORS, GRANITE AND STAINLESS STEEL APPLIANCES, LARGE LANAI OFF POOL, PULL DOWN STAIRS IN GARAGE, TILE FLOORS, JETTED TUB, INTERIOR LAUNDRY ROOM, KEY PAD ON GARAGE, PRIVATE OCEAN ACCESS AND RIVER FISHING DOCK, KAYAK DROP AND TERMINUS WITH SEATING. MUST SEE EASY TO SHOW. FURNISHINGS NEGOTIABLE WITH SOME EXCLUSIONS.

Space Coast Context

🚀 Launch Viewing — Fair Views

36.4 mi from SLC-40

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

Aerospace Commute Guide
L3Harris7 mi~16 min
Northrop8.1 mi~18 min
Blue Origin30 mi~1h 7m
Lockheed31.4 mi~1h 10m
SpaceX31.5 mi~1h 10m
Boeing/KSC34 mi~1h 16m
KSC34.7 mi~1h 17m

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
  • 3/12/26
    Listed
    $555K
    $370/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
12.3% above median
Median comparable close: $494,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
92.4% of list price
At that rate, a competitive offer ≈ $512,563
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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.

Additional Details

Lot Size
0.22 acres (9,583 sqft)
Full Baths
2
Garage
2 car
HOA Fee
$415/mo
Pool
Yes
Days on Market
100
MLS Area
385 - South Beaches

Community & HOA

HOA

  • Name: Ocean Ridge
  • Fee: $415 / quarterly

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Mar 15, 2026
Parcel #
28-38-21-Qs-00000.0-0002.00
$555K

Listing Agent (for property info)

B
Barbara J Van Dam
Melbourne Beach Properties,Inc
321-727-1404
Call Listing Agent

Estimated Monthly Payment

$4,044/mo
Principal & interest
$2,924
Property taxes
$555
Insurance & HOA
$565

Based on a 6.90% rate, 30-year loan, and $555K price — down payment shown: $111,000.

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# 1071967

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Equal Housing Opportunity

MLS# 1071967 · Listing Broker: Melbourne Beach Properties,Inc · 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.