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For SaleSingle Family Home
$690K
383 Pentland Drive, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Indian Landing Phase II
3
Bedrooms
2
Bathrooms
1,817
Sq Ft
2003
Year Built
$380 /sqft

About This Property

Description from listing agent

BEACHSIDE PARADISE FOUND! Fantastic 3 bedroom 2 bath 2 car garage waterfront pool home in the beautiful, gated community of Indian Landing. See manatees and dolphins from your private backyard dock, perfect for launching Kayaks and paddleboards for adventure on the Indian river! Truely a boater's paradise, this home includes a rare deeded dry slip for your power boat in the secure boat storage and launch ramp area. Private beach access is just a short stroll away. Beautiful clubhouse, pool, fishing pier and tennis courts make every day a vacation. Home features soaring ceilings, custom cornices, split floorplan, remodeled kitchen and bathrooms, beautiful wood flooring throughout, tropical landscaping that surrounds a private screened pool with spa, recently re planked dock, accordion hurricane shutters. TILE roof is 2005, A/C is 2025. HOA takes care of yard maintenance, pest control and sprinklers. City Sewer, no septic issues to deal with here. Bring your boat and your beach chair

Space Coast Context

🚀 Launch Viewing — Fair Views

40.8 mi from SLC-40

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

Aerospace Commute Guide
L3Harris11.3 mi~25 min
Northrop12.6 mi~28 min
Blue Origin34.3 mi~1h 16m
Lockheed35.8 mi~1h 20m
SpaceX36 mi~1h 20m
Boeing/KSC38.5 mi~1h 26m
KSC39.3 mi~1h 28m

Estimates only — verify with Google Maps.

Flood Risk

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / 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
  • 7/9/26
    Price change
    $690K -5.5%
    $380/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
1 reduction
Originally listed at $689,900 · Cut $40,000 total
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
0.23 acres (10,019 sqft)
Full Baths
2
Garage
2 car
HOA Fee
$429/mo
Waterfront
Canal Non-Navigation
Pool
Yes
Days on Market
126
MLS Area
385 - South Beaches

Community & HOA

HOA

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Mar 13, 2026
Parcel #
29-38-10-81-0000i.0-0014.00
$690K

Listing Agent (for property info)

C
Chris Arutt
Premium Properties Real Estate
305-725-3339
Call Listing Agent

Estimated Monthly Payment

$4,904/mo
Principal & interest
$3,635
Property taxes
$690
Insurance & HOA
$579

Based on a 6.90% rate, 30-year loan, and $690K price — down payment shown: $137,980.

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.

MLS# 1071897

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Equal Housing Opportunity

MLS# 1071897 · Listing Broker: Premium 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.