408 Riverside Dr Melbourne Beach, FL 32951
Estimated payment $13,332/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 | -- |
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: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1069182
APN: 28-38-06-79-0000K.0-0007.00
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Ask me questions while you tour the home.