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For SaleSingle Family Home
$475K
1424 Boca Rio Drive, Melbourne, FL 32940
Viera neighborhood
Subdivision: Grand Isle Phase 3
3
Bedrooms
2
Bathrooms
2,011
Sq Ft
2004
Year Built
$236 /sqft

About This Property

Description from listing agent

A rare opportunity to enjoy peaceful living with some of the most scenic water views in Viera. Welcome to this serene oasis located inside of the Active 55-Plus Grand Isle Community tucked away on the private Boca Rio Drive. This beautifully upgraded Grand Villa floor plan has many recent enhancements, including LVP flooring, granite countertops, fresh interior paint with coated garage, lanai, and portico floors, ceiling fans, lighting, new air handler, and brand new washer and dryer-making this home truly move-in ready! As soon as you step inside, you see the elegant vaulted ceilings, bright dining room, and formal sitting area. The well-appointed kitchen features a center island for prep, nice clean lines on the hardwood cabinets, stainless steel appliances, sink, and faucet. This thoughtfully designed 3/2 is highlighted by a spacious primary suite with separate soaking tub, walk-in closet, and versatile flex room or office. Enjoy life in Grand Isle-The Friendliest Community!

Space Coast Context

🚀 Launch Viewing — Good Views

22.4 mi from SLC-40

22.4 miles from SLC-40 — visible on clear days, especially at night.

Aerospace Commute Guide
Northrop10.4 mi~23 min
L3Harris12 mi~27 min
SpaceX18 mi~40 min
Blue Origin18.1 mi~40 min
Boeing/KSC18.3 mi~41 min
Lockheed18.3 mi~41 min
KSC18.4 mi~41 min

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
  • 1/15/26
    Listed
    $475K
    $236/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
5.8% above median
Median comparable close: $449,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
99.3% of list price
At that rate, a competitive offer ≈ $471,800
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 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
0.15 acres (6,534 sqft)
Full Baths
2
Garage
2 car (attached)
HOA Fee
$299/mo
Waterfront
St. John's River
Senior Community
Yes
Days on Market
173
MLS Area
216 - Viera/Suntree N of Wickham

Community & HOA

HOA

  • Name: Leland Management
  • Fee: $299 / monthly

Schools

Elementary

Quest

Middle School

Kennedy

High School

Viera

Financial & Listing Details

Listed
Jan 15, 2026
$475K

Listing Agent (for property info)

M
Mitchel Craig Robertson
Watson Realty Corp
218-780-1990
Call Listing Agent

Estimated Monthly Payment

$3,427/mo
Principal & interest
$2,503
Property taxes
$475
Insurance & HOA
$449

Based on a 6.90% rate, 30-year loan, and $475K price — down payment shown: $95,000.

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# 1066599

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Equal Housing Opportunity

MLS# 1066599 · Listing Broker: Watson Realty Corp · 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.