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For SaleCondominium
$850K
225 Strand Drive #204, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Harbor Island Beach Club
3
Bedrooms
3
Bathrooms
1,917
Sq Ft
2023
Year Built
$443 /sqft

About This Property

Description from listing agent

3b/3b Melbourne Beach resort condo w/sweeping river views, stunning sunsets & a layout designed for easy coastal living. Whether used as a full-time waterfront home, seasonal getaway or luxury short-term rental, this property offers flexibility in one of the area's most desirable communities. Natural light fills the open kitchen, dining & living areas, while sliding doors extend the space to a large balcony overlooking the resort pool, boat slips & water beyond. The result is a bright, connected living experience that keeps the riverfront setting front and center. The spacious primary suite is privately positioned, while 2 additional bedrooms w/private baths provide comfortable accommodations for guests or family. Clean finishes, thoughtful spacing & a polished overall feel make the condo move-in ready while still offering room to personalize over time. Schedule your private showing & experience this riverfront opportunity for yourself.

Space Coast Context

🚀 Launch Viewing — Fair Views

36.4 mi from SLC-40

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

Aerospace Commute Guide
L3Harris6.8 mi~15 min
Northrop7.9 mi~18 min
Blue Origin30 mi~1h 7m
Lockheed31.4 mi~1h 10m
SpaceX31.5 mi~1h 10m
Boeing/KSC33.9 mi~1h 16m
KSC34.7 mi~1h 17m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal 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

Based on 6 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
9.7% above median
Median comparable close: $775,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
96.3% of list price
At that rate, a competitive offer ≈ $818,809
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 6 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
0.02 acres (871 sqft)
Full Baths
3
Garage
1 car
HOA Fee
$1008/mo
Waterfront
Indian River
Days on Market
218
MLS Area
385 - South Beaches

Community & HOA

HOA

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Jan 22, 2026
Parcel #
28-38-20-Xl-00000.0-000c.2d
$850K

Listing Agent (for property info)

D
David Cable
RE/MAX Elite
321-615-0099
Call Listing Agent

Estimated Monthly Payment

$6,486/mo
Principal & interest
$4,478
Property taxes
$850
Insurance & HOA
$1,158

Based on a 6.90% rate, 30-year loan, and $850K price — down payment shown: $170,000.

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# 1067259

What's Nearby

fire stations
South Beach Fire / Rescue Station 64
0.7 mi away
schools
Gemini Elementary School
1.3 mi away
grocery
Publix
1.7 mi away
restaurants
El Super Mofongo Resbaloso
2.1 mi away
shopping
Beach Stop
2.3 mi away
fire stations
Melbourne Beach Volunteer Fire Department Station 58
2.3 mi away
restaurants
El Platanito
2.4 mi away
government
Malabar Town Hall
2.5 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1067259 · Listing Broker: RE/MAX Elite · 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.