About This Property
Description from listing agentA rare opportunity now exists to acquire both 1807 & 1809 Riverview Drive—two adjacent, newly constructed luxury waterfront homes offered as a bulk purchase. Perfect for the savvy investor seeking a high-end, turnkey asset or for families who want to live close together without sacrificing privacy or sophistication. Properties of this caliber, side by side, simply do not come to market. Built in 2023 by an international developer known for uncompromising standards, each residence reflects a level of engineering and craftsmanship rarely found in the marketplace. Perched 20 feet above sea level and constructed like a fortress, both homes deliver panoramic Indian River views and feature private elevators connecting all three levels. Striking architectural elements define every space: sculptural marble-and-oak floating staircases, glass railings, sleek porcelain flooring, and curated finishes that elevate modern European style.
Space Coast Context
🚀 Launch Viewing — Good Views
33.2 mi from SLC-40
33.2 miles from SLC-40 — visible on clear days, especially at night.
Estimates only — verify with Google Maps.
Flood Risk
High-velocity coastal zone with wave action. Strictest building requirements and highest insurance costs.
Estimated flood insurance: $4,000 – $12,000+ / 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
Price history and market context for this listing.
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.
Location
Get DirectionsAdditional Details
Schools
Elementary
University Park
Middle School
Hoover
High School
Melbourne
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $18,915
- Property taxes
- $3,590
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $3.6M price — down payment shown: $718,000.
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.
