Skip main navigation
Sold for $625,000
  • $625,000

    262 Sanibel Way, Melbourne Beach, FL 32951

    3beds
    2,340sqft
    Single Family Residence
    Built in 1998
    7,405 Square Feet Lot
    $615,700 Zestimate®
    $267/sqft
    $4,663 Estimated rent

    Home value

    $615,700

    $560,000 - $671,000

    $4,663/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $4,663/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $4,663/mo

    Rent Zestimate®

    Refinance and save

    $4,490/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $4,490/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Beautiful upgraded lakefront pool home located in exclusive GATED Ocean Ridge community. Offering private ocean/river access with ocean crosswalk & river pier. Priced well below appraised value, this custom built home has a top of line gourmet island kitchen. High end 42in cabinetry w/crown & rope moldings. Quality stainless steel appliance package. Tiled backsplash & exotic granite just to name a few. Great room open floor plan w/10ft ceilings throughout. 1000 sq ft of outdoor space featuring newly screened pool w/waterfall & travertine tiled pool deck. All with peaceful water views. Remodeled bathrooms w/nice tile work. Hurricane shutters. Tile roof. Lots of house for the money in excellent neighborhood.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andy Waterman 321-698-3000,

    Waterman Real Estate, Inc.

    Bought with:

    Andy Waterman, 653481

    Waterman Real Estate, Inc.

    Source: Space Coast AOR,MLS#: 1058797

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Laminate, Tile
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,860
    • Total interior livable area: 2,340 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio, Porch, Rear Porch, Screened
    • Exterior features: Storm Shutters
    • Has private pool: Yes
    • Pool features: In Ground, Screen Enclosure, Waterfall
    • Has view: Yes
    • View description: Lake, Pool, Water
    • Has water view: Yes
    • Water view: Lake,Water
    • Waterfront features: Lake Front
    Lot
    • Size: 7,405 Square Feet
    • Features: Cul-De-Sac, Dead End Street, Few Trees
    Details
    • Additional parcels included: 2853415
    • Parcel number: 2838200200000.00024.00
    • Zoning description: Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete, Stucco
    • Roof: Tile
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1998

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Security Gate
    • Subdivision: Ocean Ridge II of Brevard
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Access, Boat Dock, Gated, Management - Full Time
    • Services included: Cable TV, Internet
    • HOA fee: $405 quarterly
    • HOA name: Ocean Ridge II of Brevard
    Location
    • Region: Melbourne Beach

    Financial & listing details

    • Price per square foot: $267/sqft
    • Tax assessed value: $701,320
    • Annual tax amount: $9,369
    • Date on market: 10/3/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/17/2025Sold$625,000$267/sqft
    Source: Space Coast AOR #1058797 Report a problem
    10/17/2025Pending sale$625,000$267/sqft
    Source: Space Coast AOR #1058797 Report a problem
    10/8/2025Contingent$625,000$267/sqft
    Source: Space Coast AOR #1058797 Report a problem
    10/3/2025Listed for sale$625,000-3.8%$267/sqft
    Source: Space Coast AOR #1058797 Report a problem
    9/8/2025Contingent$650,000$278/sqft
    Source: Space Coast AOR #1054671 Report a problem
    8/15/2025Price change$650,000-7%$278/sqft
    Source: Space Coast AOR #1054671 Report a problem
    8/14/2025Listed for sale$699,000$299/sqft
    Source: Space Coast AOR #1045194 Report a problem
    8/8/2025Contingent$699,000$299/sqft
    Source: Space Coast AOR #1045194 Report a problem
    6/26/2025Price change$699,000-5.5%$299/sqft
    Source: Space Coast AOR #1045194 Report a problem
    6/4/2025Price change$740,000-1.3%$316/sqft
    Source: Space Coast AOR #1045194 Report a problem
    5/5/2025Listed for sale$750,000-3.7%$321/sqft
    Source: Space Coast AOR #1045194 Report a problem
    3/29/2025Listing removed$779,000$333/sqft
    Source: Space Coast AOR #1009005 Report a problem
    1/4/2025Listed for sale$779,000$333/sqft
    Source: Space Coast AOR #1009005 Report a problem
    9/29/2024Contingent$779,000$333/sqft
    Source: Space Coast AOR #1009005 Report a problem
    9/28/2024Listed for sale$779,000$333/sqft
    Source: Space Coast AOR #1009005 Report a problem
    9/2/2024Listing removed$779,000$333/sqft
    Source: Space Coast AOR #1009005 Report a problem
    7/1/2024Price change$779,000-1.3%$333/sqft
    Source: Space Coast AOR #1009005 Report a problem
    5/31/2024Price change$789,000-1.3%$337/sqft
    Source: Space Coast AOR #1009005 Report a problem
    5/2/2024Price change$799,000-0.7%$341/sqft
    Source: Space Coast AOR #1009005 Report a problem
    4/11/2024Price change$805,000-1.2%$344/sqft
    Source: Space Coast AOR #1009005 Report a problem
    3/30/2024Listed for sale$815,000+5.8%$348/sqft
    Source: Space Coast AOR #1009005 Report a problem
    8/21/2022Sold$770,000+0.1%$329/sqft
    Source: Space Coast AOR #939490 Report a problem
    8/2/2022Pending sale$769,000$329/sqft
    Source: Space Coast AOR #939490 Report a problem
    7/1/2022Listed for sale$769,000+220.4%$329/sqft
    Source: Space Coast AOR #939490 Report a problem
    7/24/2001Sold$240,000+405.3%$103/sqft
    Source: Public Record Report a problem
    10/10/1997Sold$47,500$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,369 +10.7%$701,320 +2.7%
    2024$8,460 +1.2%$682,740 +3%
    2023$8,357 +153%$662,860 +155.2%
    2022$3,303 -3.8%$259,710 +3%
    2021$3,431 +1.9%$252,150 +1.4%
    2020$3,367 +1.4%$248,670 +2.3%
    2019$3,322 $243,080 +1.9%
    2018$3,322 -0.3%$238,550 +2.1%
    2017$3,331 -1.1%$233,650 +2.1%
    2016$3,367 -1.8%$228,850 +0.7%
    2015$3,428 -3.7%$227,260 +0.8%
    2014$3,559 $225,460 -4.8%
    2013-- $236,710 +8.4%
    2012$3,166 -3.1%$218,420 -2.5%
    2011$3,269 +9.2%$224,060 -10.8%
    2010$2,994 +9%$251,170 -15.5%
    2009$2,746 -0.1%$297,370 -8.8%
    2008$2,748 +0.1%$326,000 -4.4%
    2007$2,746 -8.3%$341,000 +1.2%
    2005$2,994 -2.8%$336,970 +22.6%
    2004$3,081 -2.4%$274,840 +15.8%
    2003$3,156 +2.8%$237,430 +27.1%
    2002$3,069 +21%$186,790 +9.9%
    2001$2,538 -2.2%$170,000 +9.4%
    2000$2,595 $155,450
    Find assessor info on the county website

    Neighborhood: 32951

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gemini
    • 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.

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $615,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $615,700