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For SaleSingle Family Home
$1.4M
398 Riverview Lane, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Harbor East Sec 3 Amended
3
Bedrooms
3
Bathrooms
2,605
Sq Ft
1986
Year Built
$537 /sqft

About This Property

Description from listing agent

Fully renovated, move-in-ready waterfront home in the coveted Harbor East neighborhood of Melbourne Beach! This stunning home offers 3 bedrooms plus a bonus room that can easily serve as a 4th bedroom or office. Ideally located just minutes from pristine beaches, downtown Mel Beach, top-rated schools, parks, shopping, and dining. The redesigned interior is filled with natural light and features quartz countertops, an oversized island, premium gas range, custom lighting, and dramatic porcelain tile throughout. Step outside to your private oasis with a sparkling pool/spa with covered and open paver patio perfect for entertaining. From your own backyard launch a sunset cruise, spend the day boating, fishing, or paddle boarding on the river and experience the waterfront lifestyle you've always dreamed of. Excellent short term rental possibility for investors! Additional features include room for boat or RV storage. Rare opportunity to own a turnkey waterfront home!

Space Coast Context

🚀 Launch Viewing — Good Views

34.9 mi from SLC-40

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

Aerospace Commute Guide
L3Harris5.5 mi~12 min
Northrop6.4 mi~14 min
Blue Origin28.6 mi~1h 4m
Lockheed30 mi~1h 7m
SpaceX30.1 mi~1h 7m
Boeing/KSC32.4 mi~1h 12m
KSC33.1 mi~1h 14m

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
  • 8/21/26
    Listed
    $1.4M
    $537/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
0.28 acres (12,197 sqft)
Full Baths
2
Half Baths
1
Garage
2 car
Fireplaces
1
Waterfront
Canal Navigational to Indian River
Pool
Yes
Days on Market
5
MLS Area
904 - Indian River

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Aug 21, 2026
Parcel #
28-38-08-Jv-00000.0-0068.00
$1.4M

Listing Agent (for property info)

T
Timothy Ray Flint
Fraser Group, Inc
619-316-1211
Call Listing Agent

Estimated Monthly Payment

$8,920/mo
Principal & interest
$7,371
Property taxes
$1,399
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $1.4M price — down payment shown: $279,800.

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# 1085628

What's Nearby

schools
Gemini Elementary School
0.3 mi away
fire stations
Melbourne Beach Volunteer Fire Department Station 58
0.8 mi away
shopping
Beach Stop
0.8 mi away
fire stations
South Beach Fire / Rescue Station 64
1.1 mi away
restaurants
Nini’s Cuban Cuisine
2.4 mi away
coffee shops
Nini’s Cuban Cuisine
2.4 mi away
restaurants
Around the World Café
2.4 mi away
coffee shops
Around the World Café
2.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1085628 · Listing Broker: Fraser Group, Inc · 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.