1 / 50
For SaleSingle Family Home
$940K
263 Loggerhead Drive, Melbourne Beach, FL 32951
Melbourne Beach neighborhood
Subdivision: Turtle Bay
5
Bedrooms
4
Bathrooms
3,143
Sq Ft
1998
Year Built
$299 /sqft

About This Property

Description from listing agent

WOW! This 5BR/3.5BA Custom Built home offers over 3,100 sq ft on an exceptional 0.28-acre lot in the gated Melbourne Beach community of Turtle Bay -complete with a sparkling Gunite pool. The primary suite features large tile flooring, a tray ceiling, and French doors to the pool. Its en-suite bath offers double sinks, a walk-in shower, soaking tub, dressing area, and separate water closet. The open kitchen overlooks the family room with transom windows for natural light. A second en-suite bedroom with a built-in desk makes an ideal guest suite or office. The formal living room has a tray ceiling, bay window, and French doors to a covered, paved patio overlooking the pool. The backyard is privacy-fenced with room to spare and all on a peaceful Nature Preserve! PRIVACY! Oversized 24x27 garage. Also: walk-in closets, eat-in kitchen, high ceilings, bright and open throughout. Turtle Bay offers gated entry, beach access w/private beachfront cabana, a community dock and fishing pier.

Space Coast Context

🚀 Launch Viewing — Fair Views

39.6 mi from SLC-40

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

Aerospace Commute Guide
L3Harris10.2 mi~23 min
Northrop11.4 mi~25 min
Blue Origin33.1 mi~1h 14m
Lockheed34.6 mi~1h 17m
SpaceX34.8 mi~1h 18m
Boeing/KSC37.3 mi~1h 23m
KSC38.1 mi~1h 25m

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
  • 9/7/26
    Listed
    $940K
    $299/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

Based on 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
16.4% below market
Median comparable close price: $1,125,000
Typical Offer Discount
100.0% of list price
At that rate, a competitive offer ≈ $940,000
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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
0.28 acres (12,197 sqft)
Full Baths
3
Half Baths
1
Total Rooms
15
Garage
2 car (attached)
Fireplaces
1
HOA Fee
$250/mo
Pool
Yes
Days on Market
2
MLS Area
385 - South Beaches

Community & HOA

HOA

  • Name: Turtle Bay Mgmt=Nexux Real Estate 321-242-9997
  • Fee: $250 / monthly

Schools

Elementary

Gemini

Middle School

Hoover

High School

Melbourne

Financial & Listing Details

Listed
Sep 7, 2026
Parcel #
29-38-03-52-0000a.0-0032.00
$940K

Listing Agent (for property info)

L
Lorine McDavitt
HomeSmart Coastal Realty
321-720-3066
Call Listing Agent

Estimated Monthly Payment

$6,293/mo
Principal & interest
$4,953
Property taxes
$940
Insurance & HOA
$400

Based on a 6.90% rate, 30-year loan, and $940K price — down payment shown: $188,000.

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# 1086998

What's Nearby

grocery
Publix
1.9 mi away
restaurants
El Platanito
2.7 mi away
government
Town Administrators Office
2.9 mi away
government
Council Chambers
2.9 mi away
government
Malabar Town Hall
2.9 mi away
government
Malabar Public Works Complex
2.9 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1086998 · Listing Broker: HomeSmart Coastal Realty · 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.