$2,395,000
PENDING $100K PRICE INCREASE

408 Riverside Dr Melbourne Beach, FL 32951

Estimated payment $13,332/month

Total Views 1,149
4 Beds
2.5 Baths
3,361 Sq Ft
$713 Price per Sq Ft

Highlights

  • 101 Feet of Waterfront
  • Docks
  • Intracoastal View
  • Gemini Elementary School Rated A-
  • Boat Lift
  • In Ground Pool

About This Home

A fully reimagined, turn-key Indian River front property offering privacy, performance, and exceptional waterfront living. A rare direct Indian River waterfront estate offering 100 feet of frontage on .64 acres in the heart of Melbourne Beach. Oriented west to capture extraordinary sunsets across the wide river basin, this 4-bedroom, 2.5-bath residence spans 3,361 square feet of extensively redesigned living space. The home was thoughtfully expanded and structurally improved to maximize light, scale, and water views. A reconfigured open floor plan flows toward 7' x 12' pocketing impact sliders, creating a seamless transition to the waterfront. The 2022 kitchen renovation features Sub-Zero and Wolf appliances, an expanded island, custom cabinetry, and elevated finishes suited for both entertaining and everyday living. The primary suite was enlarged to create a true private retreat with a freestanding soaking tub, multi-head shower, quartz counters, custom cabinetry -- with integrated outlets, and a Toto washlet. Impact-rated windows and doors line the rear elevation, enhancing both protection and panoramic views. Outdoor living is deliberate and refined, with over 3,000 square feet of travertine pool decking, a covered lanai overlooking the river, a custom vaulted porch, outdoor hot and cold shower, and private dock with enlarged platform. A new seawall (2023), new roof (2020), full replumbing, 5-ton Trane HVAC with three zones, and hybrid energy-efficient water heater reflect the level of investment behind the walls. This is a structurally upgraded, turn-key waterfront residence designed for elevated coastal living.

Listing Agent

Ben Glover

Waterman Real Estate, Inc. License #3348997 Listed on: 03/03/2026

Waterman Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,083

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 0.64 Acre Lot
  • 101 Feet of Waterfront
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • River Front
  • East Facing Home
  • Back Yard Fenced
  • Front and Back Yard Sprinklers
  • Many Trees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • Additional Parking

Property Views

  • Intracoastal
  • River

Home Design

  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 3,361 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Built-In Features
  • Vaulted Ceiling

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Wolf Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Freestanding Bathtub
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry on lower level
  • Stacked Washer and Dryer

Home Security

  • Hurricane or Storm Shutters
  • High Impact Windows
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Shower

Outdoor Features

  • Boat Lift
  • Docks
  • Courtyard
  • Covered Patio or Porch

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Propane
  • Private Water Source
  • ENERGY STAR Qualified Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • River Colony W Section The Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-38-06-79-0000k.0-0007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,083

Year Built

Built in 1972 | Remodeled

Lot Details

0.64 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Unit, Lower Level
  • ResoLotFeatures: Many Trees, Sprinklers In Front, Sprinklers In Rear
  • Reso View: River, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: River Colony W Section The
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • Location Tax and Legal Parcel Number2: 28-38-06-79-0000k.0-0007.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 12082.9
  • Location Tax and Legal Tax Year2: 2025
  • General Property Information Living Area2: 3361.0
  • General Property Information Building Area Total3: 4732.0
  • General Property Information Lot Size Acres: 0.64
  • General Property Information Lot Size Square Feet2: 27878.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Interior Features Breakfast Nook: Yes
  • Utilities Propane3: Yes
  • Exterior Features Boat Lift: Yes
  • View Intracoastal: Yes
  • General Property Information Water Frontage Feet: 101
  • Cooling WallWindow Unit(s): Yes
  • Utilities Sewer Connected: Yes
  • General Property Information Land Lease YN2: No
  • Water Source Private3: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information Stories2: 1
  • Laundry Features Lower Level: Yes
  • Fencing Back Yard: Yes
  • Architectural Style Ranch: Yes
  • Waterfront Features Intracoastal2: Yes
  • Marketing Remarks:Marketing Remarks: A rare direct Indian River waterfront residence is coming to market in Melbourne Beach. Set within lush, meticulously curated landscaping, the property offers a private coastal oasis with sweeping, unobstructed water views across the Indian River. The home has been thoughtfully and extensively remodeled from top to bottom, blending refined coastal design with modern performance. Features include a custom-designed kitchen with commercial-grade appliances, hurricane-impact windows, fully updated bathrooms, completely re-plumbed, and a newly constructed seawall. An attached lanai and travertine paver pool deck overlook the river, creating an effortless indoor-outdoor living experience designed for both relaxation and entertaining.This is a truly turn-key Indian River front property, executed to its full potential. More details coming soon
  • General Property Information:Pool Private YN: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Eat-in Kitchen, His and Hers Closets, Kitchen Island, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Walk-In Closet(s)
  • Spa Features: In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, ENERGY STAR Qualified Water Heater, Gas Cooktop, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:ENERGY STAR Qualified Water Heater: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Courtyard, Dock, Outdoor Shower, Boat Lift, Impact Windows, Storm Shutters
  • Pool Features: In Ground
  • Roof: Shingle
  • Fencing: Back Yard
  • Acres: 0.64
  • Pool Private: Yes
  • Waterfront Features: Navigable Water, River Front, Intracoastal
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Rear Porch
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features:Courtyard: Yes
  • View:River: Yes
  • Lot Features:Many Trees: Yes
  • Waterfront Features:River Front: Yes
  • Exterior Features:Dock: Yes
  • Exterior Features:Impact Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Circular Driveway, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Propane
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 27878.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-38-06-79-0000k.0-0007.00

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 12082.9

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,754 $835,120 -- --
2024 $11,504 $811,590 -- --
2023 $11,504 $787,960 $0 $0
2022 $11,356 $765,010 $0 $0
2021 $11,773 $742,730 $0 $0
2020 $11,684 $732,480 $0 $0
2019 $11,678 $716,020 $0 $0
2018 $11,618 $702,670 $0 $0
2017 $11,482 $688,220 $0 $0
2016 $11,791 $674,070 $556,250 $117,820
2015 $11,979 $669,390 $467,250 $202,140
2014 $12,032 $664,080 $467,250 $196,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2026 02/28/26 Pending -- -- --
02/26/2026 02/26/26 For Sale $2,395,000 0.0% $713 / Sq Ft
02/25/2026 02/25/26 Price Changed $2,395,000 +4.4% $713 / Sq Ft
02/21/2026 02/21/26 Pending -- -- --
02/20/2026 02/20/26 For Sale $2,295,000 -- $683 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,468,000 Celebration Title Agency Inc
Warranty Deed $1,350,000 --
Warranty Deed -- --
Warranty Deed $330,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,174,400 No Value Available
Previous Owner $945,000 Stand Alone First
Previous Owner $250,000 No Value Available
Source: Public Records

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1069182

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-79-0000K.0-0007.00

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