1 / 13
For SaleLand / Lot
$370K
0 N Highway 1, Melbourne, FL 32935
Eau Gallie Residential neighborhood
Subdivision: Honeybrook Plantation
0
Bathrooms

About This Property

Description from listing agent

Rare opportunity to own 2.14:acres directly on the Indian River in desirable Palm Shores! Enjoy beautiful unobstructed water views and direct access to a navigable waterway-perfect for those who love boating, fishing, kayaking, or simply relaxing and takin in Florida's spectacular waterfront scenery. With over two acres, this exceptional property offers the space and settings to create your own private waterfront retreat. Conveniently located in Palm Shores with easy access to the beaches, shopping, dining, and all that Florida's space Coast has to offer.

Space Coast Context

🚀 Launch Viewing — Fair Views

46.1 mi from SLC-40

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

Aerospace Commute Guide
L3Harris17.3 mi~39 min
Northrop18.6 mi~41 min
Blue Origin39.4 mi~1h 28m
Lockheed41.1 mi~1h 32m
SpaceX41.3 mi~1h 32m
Boeing/KSC44.1 mi~1h 38m
KSC45 mi~1h 40m

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
  • 10/7/26
    Listed
    $370K

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
2.14 acres (93,218 sqft)
Waterfront
Indian River
Days on Market
4
MLS Area
322 - NE Melbourne/Palm Shores

Schools

Elementary

Creel

Middle School

Johnson

High School

Eau Gallie

Financial & Listing Details

Listed
Oct 7, 2026
Parcel #
26-37-30-dt-*-13
$370K

Listing Agent (for property info)

P
Patricia Teachman
RE/MAX Elite
321-474-1311
Call Listing Agent

Estimated Monthly Payment

$2,469/mo
Principal & interest
$1,949
Property taxes
$370
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $370K price — down payment shown: $74,000.

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# 1089427

What's Nearby

fire stations
Aquarina Fire / Rescue Station 65
2.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1089427 · Listing Broker: RE/MAX Elite · 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.