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For SaleSingle Family Home
$939K
120 Richards Road, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Richards Subd
3
Bedrooms
3
Bathrooms
2,125
Sq Ft
2022
Year Built
$442 /sqft

About This Property

Description from listing agent

A special opportunity at owning a newer home directly across from a deeded beach access only minutes from downtown Melbourne Beach, a Publix & multiple shopping and dining options. A multitude of quality improvements have been tastefully executed since this property was initially built in 2022. Solid block construction, impact rated windows plus some stylish and functional Bahama shutters also added for complete peace of mind. Room on site to store a boat, which works nicely with a boat ramp & great sunset watching spot on the Indian River at the end of the street. Volume ceilings throughout, Ocean views from the primary suite and pool area. A new screen enclosed lanai, landscaping & irrigation around the entire property, crown molding, stylish kitchen backsplash, gutters, expanded driveway, attic stairs and storage racks in the garage & much more all added within the last year to enhance the enjoyment and functionality of this beautiful home. Call today for a private tour!

Space Coast Context

🚀 Launch Viewing — Fair Views

36.6 mi from SLC-40

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

Aerospace Commute Guide
L3Harris7.3 mi~16 min
Northrop8.3 mi~18 min
Blue Origin30.2 mi~1h 7m
Lockheed31.6 mi~1h 10m
SpaceX31.8 mi~1h 11m
Boeing/KSC34.2 mi~1h 16m
KSC35 mi~1h 18m

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.

Price History

Date
Event
Price
  • 6/29/26
    Listed
    $939K
    $442/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

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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
0.25 acres (10,890 sqft)
Full Baths
3
Garage
2 car (attached)
Pool
Yes
Days on Market
4
MLS Area
385 - South Beaches

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Jul 6, 2026
Parcel #
28-38-21-Gb-00000.0-0002.00
$939K

Listing Agent (for property info)

D
David Settgast
One Sotheby's International
321-543-1187
Call Listing Agent

Estimated Monthly Payment

$6,036/mo
Principal & interest
$4,947
Property taxes
$939
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $939K price — down payment shown: $187,800.

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# 1081378

Interested in this property?

Equal Housing Opportunity

MLS# 1081378 · Listing Broker: One Sotheby's International · 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.