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For sale
  • $1,400,000

    2318 N Riverside Dr, Melbourne, FL 32903

    3beds
    2,222sqft
    : 
    $8,641/mo
    Get pre-qualified
    Single Family Residence
    Built in 1989
    0.38 Acres Lot
    $1,312,000 Zestimate®
    $630/sqft
    $-- HOA

    What's special

    Waterfront oasisScreened pool and spaPrivate dockStylish ceiling fansDramatic floor-to-ceiling windowsExpansive pavered lanaiLarge custom movable island
    Nestled in the heart of Indialantic, this spectacular waterfront oasis has so much to offer! Built by renowned DiPrima Homes, this meticulously maintained residence is ideally situated on a beautifully landscaped .38-acre lot at the junction of two canals, offering breathtaking sunset views, expansive water vistas, and quick access to the Intracoastal Waterway. Surrounded by lush tropical landscaping, the backyard is a private paradise designed for the ultimate Florida lifestyle. A composite dock with boat lift invites you to spend your days boating, fishing, paddleboarding, or simply enjoying life on the water. The screened pool and spa, expansive pavered lanai, and serene waterfront setting create the perfect backdrop for entertaining or relaxing while taking in spectacular evening sunsets. Inside, the thoughtfully designed split floor plan offers both privacy and functionality. Recent modern upgrades include engineered hardwood flooring throughout and stylish ceiling fans, creating a warm, contemporary feel, while the durable aluminum roof provides long-lasting peace of mind. The gourmet kitchen is a chef's dream, showcasing one-of-a-kind custom wood cabinetry, stainless steel appliances, a large custom movable island and dramatic floor-to-ceiling windows that flood the space with natural light while framing spectacular views of the lanai and shimmering waterfront beyond. Whether preparing meals or entertaining guests, this stunning kitchen serves as the heart of the home. The recently updated primary bath is the perfect spa-like getaway with a large oversized shower and sumptuous cabinetry. And to top it off, there is a perfectly positioned dry bar (which can be removed) which adds to the entertaining capabilities. One of the property's most unique features is the approximately 20' x 20' air-conditioned workshop, offering incredible versatility. Ideal for hobbies, woodworking, a home gym, studio, or climate-controlled storage, this flexible space has endless possibilities. The garage lintel is already in place, allowing the workshop to be converted back into an additional garage bay if desired. Alternatively, it could easily become a private in-law suite, guest quarters, or home office. Perfectly located just minutes from the beach, top-rated schools, shopping, and dining, this exceptional waterfront property combines luxury, flexibility, and an unbeatable location. From launching your boat from your private dock to enjoying evenings by the pool as the sun sets over the water, this is a rare opportunity to own one of Indialantic's premier waterfront homes, where every day feels like a vacation.
    3 days
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    638
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    36
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle McKinney 321-537-4706,

    RE/MAX Elite

    Source: Space Coast AOR,MLS#: 1084125

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
      • Laundry: Electric Dryer Hookup, Sink, Washer Hookup
      Features
      • Breakfast Nook, Built-in Features, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Primary Downstairs, Walk-In Closet(s), Other
      • Flooring: Tile, Wood
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,222 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Additional Parking, Garage Door Opener
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Rear Porch, Screened
      • Exterior features: Boat Slip, Dock, Outdoor Shower, Boat Lift, Storm Shutters
      • Has private pool: Yes
      • Pool features: In Ground, Screen Enclosure, Other
      • Has spa: Yes
      • Spa features: In Ground
      • Has view: Yes
      • View description: Canal, Pool
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: Canal Front, Navigable Water, River Access
      • Body of water: Canal Navigational to Indian River
      Lot
      • Size: 0.38 Acres
      • Features: Sprinklers In Front, Other
      Details
      • Additional structures: Workshop
      • Additional parcels included: 2725530
      • Parcel number: 273724Jh00000.00030.00
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Roof: Metal
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1989

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Sewer Connected

      Community & HOA

      Community
      • Subdivision: Rio Lindo 3rd Addn
      HOA
      • Has HOA: No
      Location
      • Region: Melbourne

      Financial & listing details

      • Price per square foot: $630/sqft
      • Tax assessed value: $988,440
      • Annual tax amount: $6,443
      • Date on market: 8/6/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Asphalt

        Estimated market value

        $1,312,000

        $1.25M - $1.38M

        $3,919/mo

        Price history

        DateEventPrice
        8/6/2026Listed for sale$1,400,000+495.7%$630/sqft
        Source: Space Coast AOR #1084125 Report a problem
        9/18/1996Sold$235,000$106/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,444 +5.7%$404,480 +2.9%
        2024$6,099 +2.1%$393,090 +3%
        2023$5,972 +4.4%$381,650 +3%
        2022$5,718 -1.7%$370,540 +3%
        2021$5,819 +1%$359,750 +1.4%
        2020$5,763 -1.3%$354,790 +2.3%
        2019$5,839 $346,820 +1.9%
        2018$5,839 +0%$340,360 +2.1%
        2017$5,838 -0.4%$333,360 +2.1%
        2016$5,863 -3%$326,510 +0.7%
        2015$6,048 -2.4%$324,250 +0.8%
        2014$6,197 $321,680 -22.7%
        2013-- $416,210 +6.7%
        2012$5,957 +3.3%$390,010 -1.9%
        2011$5,767 +12.1%$397,620 -13.9%
        2010$5,144 +12.4%$461,650 -9.5%
        2009$4,575 +2.9%$510,240 -15.9%
        2008$4,445 -1.4%$607,000 -3.2%
        2007$4,509 +0.4%$627,000 +6.2%
        2005$4,489 -1.9%$590,210 +37.5%
        2004$4,576 -1.3%$429,290 +33.9%
        2003$4,634 +11.2%$320,570 +15.2%
        2002$4,169 +2.6%$278,240 +13%
        2001$4,065 +5.8%$246,300 +13.2%
        2000$3,842 $217,650
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32903

        Getting around

        2 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Indialantic
        • Middle: Hoover
        • High: Melbourne

        Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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