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For sale
    • $1,950,000

    327 Island Dr, Melbourne Beach, FL 32951

    3beds
    3,131sqft
    : 
    $12,119/mo
    Get pre-qualified
    Single Family Residence
    Built in 1994
    0.44 Acres Lot
    $1,889,200 Zestimate®
    $623/sqft
    $83/mo HOA

    What's special

    Heated screened poolOversized islandBrick paver lanaiOpen floor planSpectacular sunset viewsLanai accessBoulder seawall
    Experience the ultimate Florida waterfront lifestyle in this extensively renovated direct Intracoastal riverfront pool home located in Melbourne Beach's desirable ocean-to-river community of Riverside Landing. One of only 5 shoreline homes, this move-in ready residence offers 3,131 sq. ft. w/ 3 main-floor bedrooms, a bonus suite w/ full bath & efficiency kitchen, 4 full & 2 half baths, soaring ceilings & spectacular sunset views. The open floor plan features a chef's kitchen w/ granite countertops, oversized island, Viking cooktop, double ovens, wine cooler, walk-in pantry & breakfast nook overlooking the river. The primary suite includes 2 walk-in closets, lanai access & a spa-like bath w/ Italian marble, soaking tub & walk-in shower. Enjoy a heated screened pool, brick paver lanai, outdoor shower, cabana bath & brand-new rooftop crow's nest. Recent improvements include a newer tile roof, HVAC, wood-look tile flooring, boulder seawall & complete hurricane protection w/ impact windows, accordion shutters & remote-controlled Kevlar screens. Residents enjoy private deeded beach access, a community fishing pier, kayak/canoe storage & a low $1,000 annual HOA. A rare opportunity to own a fully updated waterfront home offering both riverfront serenity & private beach access.
    11 days
    |
    831
    |
    46
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Carolyn Smith 321-271-0870,

    Compass Florida LLC

    Source: Space Coast AOR,MLS#: 1083082

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 6
      • Full bathrooms: 4
      • 1/2 bathrooms: 2
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Cooler
      • Laundry: Lower Level
      Features
      • Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Entrance Foyer, Guest Suite, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Carpet, Tile
      • Has fireplace: No
      Interior area
      • Total interior livable area: 3,131 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Garage Door Opener
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Front Porch, Porch, Rear Porch, Screened
      • Exterior features: Outdoor Shower, Other, Impact Windows, Storm Shutters
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Screen Enclosure
      • Has view: Yes
      • View description: Pool, River, Water, Intracoastal
      • Has water view: Yes
      • Water view: River,Water,Intracoastal
      • Waterfront features: Navigable Water, Ocean Access, River Access, River Front, Deeded Beach Access, Intracoastal, No Fixed Bridges
      • Body of water: Indian River
      Lot
      • Size: 0.44 Acres
      • Features: Sprinklers In Front, Sprinklers In Rear
      Details
      • Additional parcels included: 2959588
      • Parcel number: 2938035300000.00035.00
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete, Stucco
      • Roof: Tile
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1994

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Security System Owned, Smoke Detector(s)
      • Subdivision: Riverside Landing of S Brevard
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Access, Boat Dock, Management - Full Time, Management - Off Site, Other
      • Services included: Other
      • HOA fee: $1,000 annually
      • HOA name: Riverside Landing
      • HOA phone: 321-536-3166
      Location
      • Region: Melbourne Beach

      Financial & listing details

      • Price per square foot: $623/sqft
      • Tax assessed value: $1,121,150
      • Annual tax amount: $10,812
      • Date on market: 7/22/2026
      • Listing terms: Cash,Conventional,VA Loan
      • Road surface type: Asphalt

        Estimated market value

        $1,889,200

        $1.79M - $1.98M

        $6,964/mo

        Price history

        DateEventPrice
        7/22/2026Listed for sale$1,950,000+115.7%$623/sqft
        Source: Space Coast AOR #1083082 Report a problem
        6/7/2016Sold$904,000-8.2%$289/sqft
        Source: Space Coast AOR #750860 Report a problem
        5/20/2016Pending sale$984,500$314/sqft
        Source: Salt Water Realty of Brevard #750860 Report a problem
        5/13/2016Price change$984,5000%$314/sqft
        Source: Salt Water Realty of Brevard #750860 Report a problem
        5/4/2016Price change$984,7000%$315/sqft
        Source: Salt Water Realty of Brevard #750860 Report a problem
        4/2/2016Listed for sale$985,000+64.2%$315/sqft
        Source: Salt Water Realty of Brevard #750860 Report a problem
        9/30/2015Sold$600,000-25%$192/sqft
        Source: Space Coast AOR #696660 Report a problem
        7/18/2015Pending sale$799,900$255/sqft
        Source: RE/MAX ALTERNATIVE REALTY INC #696660 Report a problem
        5/23/2015Price change$799,900-15.8%$255/sqft
        Source: RE/MAX ALTERNATIVE REALTY INC #696660 Report a problem
        5/14/2014Price change$949,900-5%$303/sqft
        Source: RE/MAX ALTERNATIVE REALTY INC #696660 Report a problem
        3/25/2014Price change$999,999-0.1%$319/sqft
        Source: South Island Real Estate Corp. #661029 Report a problem
        2/19/2014Price change$1,001,000-7.2%$320/sqft
        Source: South Island Real Estate Corp. #661029 Report a problem
        10/6/2013Listed for sale$1,079,000$345/sqft
        Source: South Island Real Estate #661029 Report a problem
        8/19/2013Listing removed$1,079,000$345/sqft
        Source: South Island Real Estate Corp. #661029 Report a problem
        7/26/2013Price change$1,079,000-6.9%$345/sqft
        Source: South Island Real Estate Corp. #661029 Report a problem
        2/20/2013Listed for sale$1,159,000+677.9%$370/sqft
        Source: South Island Real Estate Corp. #661029 Report a problem
        11/9/1993Sold$149,000$48/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,812 +5.5%$849,370 +2.9%
        2024$10,245 +1.2%$825,440 +3%
        2023$10,124 +7.2%$801,400 +3%
        2022$9,446 -5.3%$778,060 +3%
        2021$9,971 -0.1%$755,400 +1.4%
        2020$9,978 -0.2%$744,980 +2.3%
        2019$9,995 $728,240 +1.9%
        2018$9,995 -0.8%$714,670 +2.1%
        2017$10,072 -1.9%$699,980 +16.9%
        2016$10,263 +5%$598,980 +43.5%
        2015$9,778 +51%$417,300 +0.8%
        2014$6,476 $413,990 -21.2%
        2013-- $525,410 +6.5%
        2012$6,135 +3.4%$493,350 -1%
        2011$5,935 +10.1%$498,270 -12.6%
        2010$5,393 +8.7%$570,060 -8.6%
        2009$4,960 -0.7%$623,930 -18%
        2008$4,995 -0.3%$761,000 -1.2%
        2007$5,009 -10.8%$770,000 -10.3%
        2005$5,614 -3%$858,810 +41.6%
        2004$5,790 -2.5%$606,300 +16.4%
        2003$5,938 +2.6%$520,690 +27.6%
        2002$5,785 +2.2%$408,130 +2.9%
        2001$5,661 +7%$396,550 +22.6%
        2000$5,293 $323,500
        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: 32951

        Getting around

        0 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        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.

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