About This Property
Description from listing agentThe Indian River is beckoning, and this Madison River Estates lot is the perfect place to settle in. Imagine your very own custom home sitting atop this elevated parcel overlooking the grand riverscape with 180 degree water views. With almost a third of an acre your architect won't be limited in possibilities, so dream big! Wide frontage means there is potential for two entrances, creating ease of access for guests and traffic flow. The intracoastal is close by, making boat rides a breeze. Come see this land for yourself, and you'll fall in love at the first sight of those glittering waves.
Space Coast Context
🚀 Launch Viewing — Good Views
28 mi from SLC-40
28 miles from SLC-40 — visible on clear days, especially at night.
Estimates only — verify with Google Maps.
Flood Risk
Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.
Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Offer Intelligence
Price history and market context for this listing.
How we match comps
Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:
- ✓Same property type, always (single family, condo, townhouse, etc.)
- ✓Single-story homes compared only to single-story (and multi to multi)
- ✓Exact bedroom count
- ✓Bathrooms within ±0.5
- ✓Garage spaces within ±1
- ✓Pool status must match
- ✓Waterfront status must match
- ✓HOA must match (HOA community vs. no HOA)
- ✓Price within ±5–20% of list price (tightest in early tiers)
- ✓Square footage within ±10–25% (tighter in early tiers)
- ✓Year built always within ±5–20 years (never dropped)
We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.
Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.
Location
Get DirectionsAdditional Details
Community & HOA
HOA
- Name: MadisonView HOA Profile →
- Fee: $0 / monthly
Schools
Elementary
Creel
Middle School
Johnson
High School
Eau Gallie
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $2,160
- Property taxes
- $410
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $410K price — down payment shown: $81,980.
This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.
