47
Map
$2,100,000
●
House -
For Sale
394 Riverview Lane
Melbourne Beach, FL 32951
4 Beds
4 Baths,
1
Half Bath
2,713 Ft²
$10,372
Est. Monthly
$60
HOA / Fees
About This Property
Brand-new construction w/ navigable canal frontage & direct Indian
River access in sought-after Melbourne Beach. A boater's dream,
this never-lived-in waterfront pool home offers 2,713 sq ft of
living space & over 4,700 sq ft including covered areas & an
expansive outdoor deck. The backyard steals the show w/ a brand-new
pool, private dock, new covered 30-ft boat lift rated for 13,000
lbs, seawall & dedicated poolside half bath. Cruise the canal
straight to the Indian River for endless days of boating, fishing &
waterfront adventures. Inside, discover an open floor plan w/ tray
ceilings, spacious living & dining areas & a first-floor primary
suite. Upstairs, a private bedroom suite features a full bath,
balcony, dedicated A/C system & laundry room. Impact windows &
sliders, spray foam insulation, tankless water heater, separate gas
water heater serving the primary suite & laundry room, plus a 2-car
garage add modern appeal. Set on a .24-acre waterfront lot w/
voluntary HOA, just minutes from Atlantic beaches, dining & coastal
attractions. Waterfront living without the wait to build.
Unit Size
2,713 Ft²
Days on Market
2 days
Land Size
0.37 acres
Price per sqft
$774
Property Type
House
Property Taxes
-
HOA Dues
$60
Year Built
-
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 days ago (Space Coast MLS #1092205)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2026 | Listed by Compass Florida, LLC | $2,100,000 | |
| Listed by Compass Florida, LLC | |||
| Mar 15, 2021 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Breakfast Bar, Built-in Features, Entrance Foyer, His and Hers Closets, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Guest Suite, Primary Bathroom - Shower No Tub, Primary Downstairs, Split Bedrooms
Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Freezer, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Washer, Wine Cooler
Flooring Type: Tile, Wood
Laundry Features: Electric Dryer Hookup, Lower Level, Washer Hookup
Exterior Details
Square Footage: 2713
Square Footage Source: $0
Year Built: 2026
Waterfront Features: Canal Front, Navigable Water, River Access, Seawall, Intracoastal
Waterbody Name: Canal Navigational to Indian River
Levels: Two
Construction Materials: Concrete, Stucco
Patio and Porch Features: Covered, Patio
Pool Features: In Ground, Salt Water
Pool is Private
Lot Features: Few Trees, Sprinklers In Front, Sprinklers In Rear
Lot Size Area: 0.37
Lot Size Units: Acres
Lot Size Acres: 0.37
Lot Size Square Feet: 16117
Water Source: Public
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA Fee: $60
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Harbor East
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: DeWayne Carpenter, Compass Florida, LLC
Last Updated: 2 days ago
Data Source: Space Coast MLS, MLS# 1092205
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 2 days ago
Data Source: Space Coast MLS, MLS# 1092205
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017