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For SaleSingle Family Home
$525K
280 Pelican Drive, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Melbourne Shores Subd
3
Bedrooms
2
Bathrooms
1,602
Sq Ft
1986
Year Built
$328 /sqft

About This Property

Description from listing agent

Nestled in Melbourne Shores, this charming, remodeled home offers the best of Florida living with ocean access and river access just short walk away! New roof 2023. New A/C inside and out 2023. Impact windows for added peace of mind. Garage door hurricane rated impact. Split floorplan w/oversized 3rd bedroom that is so big it could be converted back to a 4 bedroom if Buyer desires. Love the large great room w/vaulted ceilings. Gourmet kitchen boasts granite countertops, custom cabinetry, skylight and S/S appliances. Step outside to the backyard with large deck that has new Trek decking that creates a perfect setting for relaxation and entertaining. Primary suite is a luxurious retreat with a renovated bathroom and walk-in closet. Guest bathroom has been beautifully renovated. Outdoors, enjoy direct ocean access w/ pavilion and picnic table. Community river park offers fishing on community pier and watching sunsets with kayak storage offered.

Space Coast Context

🚀 Launch Viewing — Fair Views

41.7 mi from SLC-40

41.7 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris12.2 mi~27 min
Northrop13.5 mi~30 min
Blue Origin35.2 mi~1h 18m
Lockheed36.8 mi~1h 22m
SpaceX36.9 mi~1h 22m
Boeing/KSC39.5 mi~1h 28m
KSC40.3 mi~1h 30m

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 5/19/25
    Listed
    $525K
    $328/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Based on 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
8.9% above median
Median comparable close: $482,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
96.0% of list price
At that rate, a competitive offer ≈ $504,075
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 2 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

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.

Additional Details

Lot Size
0.26 acres (11,326 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$100/mo
Days on Market
233
MLS Area
385 - South Beaches

Community & HOA

HOA

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Nov 20, 2025
Parcel #
29-38-15-Gy-00006.0-0023.00
$525K

Listing Agent (for property info)

L
Laura L Dowling Roy PA
Premier Properties Real Estate
321-223-4671
Call Listing Agent

Estimated Monthly Payment

$3,541/mo
Principal & interest
$2,766
Property taxes
$525
Insurance & HOA
$250

Based on a 6.90% rate, 30-year loan, and $525K price — down payment shown: $105,000.

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.

MLS# 1046628

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Equal Housing Opportunity

MLS# 1046628 · Listing Broker: Premier Properties Real Estate · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.