See Home Value
$2,370,000
● House - Off Market

408 Riverside Drive

Melbourne Beach, FL 32951
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,361 Ft²
$12,767
Est. Monthly

About This Property

A fully reimagined, turn-key Indian River front property offering privacy, performance, and exceptional waterfront living. A rare direct Indian River waterfront estate offering 100 feet of frontage on .64 acres in the heart of Melbourne Beach. Oriented west to capture extraordinary sunsets across the wide river basin, this 4-bedroom, 2.5-bath residence spans 3,361 square feet of extensively redesigned living space. The home was thoughtfully expanded and structurally improved to maximize light, scale, and water views. A reconfigured open floor plan flows toward 7' x 12' pocketing impact sliders, creating a seamless transition to the waterfront. The 2022 kitchen renovation features Sub-Zero and Wolf appliances, an expanded island, custom cabinetry, and elevated finishes suited for both entertaining and everyday living. The primary suite was enlarged to create a true private retreat with a freestanding soaking tub, multi-head shower, quartz counters, custom cabinetry -- with integrated outlets, and a Toto washlet. Impact-rated windows and doors line the rear elevation, enhancing both protection and panoramic views. Outdoor living is deliberate and refined, with over 3,000 square feet of travertine pool decking, a covered lanai overlooking the river, a custom vaulted porch, outdoor hot and cold shower, and private dock with enlarged platform. A new seawall (2023), new roof (2020), full replumbing, 5-ton Trane HVAC with three zones, and hybrid energy-efficient water heater reflect the level of investment behind the walls. This is a structurally upgraded, turn-key waterfront residence designed for elevated coastal living.
Unit Size
3,361 Ft²
Days on Market
27 days
Land Size
0.64 acres
Price per sqft
$713
Property Type
House
Property Taxes
$1,007
HOA Dues
-
Year Built
1972

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Last updated: 2 months ago (Space Coast MLS #1069182)

Price History

Date / Event Date Event Price
Mar 30, 2026 Sold
Sold
Feb 28, 2026 In contract -
In contract
Feb 26, 2026 Relisted $2,395,000
Relisted
Feb 25, 2026 Price Increased $2,395,000
↑ $100K (4.4%)
Price Increased
Feb 22, 2026 In contract -
In contract
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 0
  • Building Quality: 2
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 74
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 198

    Dimensions

  • Lot Size Square Feet: 27,878
  • Lot Size Depth Feet: 2,460
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,732
  • Gross Building Area: 4,732
  • Building Area: 3,361
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,361
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER COLONY WEST SECTION, THE
  • Land Acres: 0000000640
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: RIVER COLONY WEST SECTION, THE LOT 7 BLK K

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066101

Zoning

  • Zoning: 1RS

Geography

  • Assessors Map Reference: 327
  • Account Number: 2847312
  • Parcel: 28-38-06-79-0000K.0-0007.00
  • Block: K
  • Lot: 7
  • Meridian: SEC 06 TWN 28S RNG 38E
  • Municipality: MELBOURNE BEACH
  • Latitude: 28.0745
  • Longitude: -80.5689

    Address

  • Full Address: 408 Riverside Dr
  • Address - House Number: 408
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 2144
  • Zip Code: 32951

Valuation

    Tax

  • Total Area: 3,906
  • Tax Year: 2022
  • Tax Amount: $1,135,621
  • Tax Rate Code Area: 34X0

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 1,551,761
  • High Value: 1,825,424
  • Low Value: 1,278,098

    Market Valuation

  • Market Total Value: $1,393,490

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $765,010

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 15, 2006
  • Current Sale Recording Date: Mar 17, 2006
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2006078916
  • Previous Sale Recording Date: May 05, 2004
  • Previous Sale Contract Date: Apr 30, 2004
  • Previous Sale Amount: $1,350,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About The River Colony West


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Frequently Asked Questions

When was property at 408 Riverside Drive built and last sold?
The property at 408 Riverside Drive was built in 1972 and last sold on Mar 15, 2006 for $1,468,000.
How much is this home worth?
The estimated value of the home located at 408 Riverside Drive is $0.
What are some comparable homes to 408 Riverside Drive?
There are currently no comparable homes to 408 Riverside Drive.