408 Riverview Ln Melbourne Beach, FL 32951
Melbourne Beach Neighborhood
3
Beds
2
Baths
2,235
Sq Ft
0.26
Acres
Highlights
- Boat Dock
- Home fronts navigable water
- Heated Pool
- Gemini Elementary School Rated A-
- Boat Lift
- Canal View
About This Home
As of June 2025REDUCED $35,000. BEST DEAL IN MELBOURNE BEACH on the CANAL!!! ESTATE SALE!!! The least expensive canalfront home in this highly desirable Harbor East Subdivision. Close to shops, beaches, and 5th Ave I-95 bridge. Residence offers 3 bedrooms, 2 full baths, enclosed and an oversized under AC Florida room with spectacular canal views. Family room with wood burning fireplace. Property totals 91 feet of direct canal frontage with the dock, boat lift, newer heated freeform private pool and lush landscaping.
Last Agent to Sell the Property
Dale Sorensen Real Estate Inc. License #3199073 Listed on: 11/01/2016
Last Buyer's Agent
Dale Sorensen Real Estate Inc. License #3199073 Listed on: 11/01/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,903
Year Built
- Built in 1973
Lot Details
- 0.26 Acre Lot
- Home fronts navigable water
- Home fronts a canal
- South Facing Home
- Wood Fence
HOA Fees
- $5 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Property Views
- Canal
- Pool
Home Design
- Shingle Roof
- Stucco
Interior Spaces
- 2,235 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Family Room
- Living Room
- Dining Room
- Sun or Florida Room
- Screened Porch
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Heated Pool
- Boat Lift
- Deck
- Patio
Schools
- Gemini Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
- Well
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 28-38-08-Jv-00000.0-0073.00
Community Details
Overview
- Harbor East Sec 3 Amended Subdivision
Recreation
- Boat Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2024
Closed on
Jun 5, 2025
Sold by
Fears Michael Shawn and Fears Anne B
Bought by
Mcgrady Edsel D and Mcgrady Katherine
Seller's Agent
Laura Dowling-Roy
Premier Properties Real Estate
Buyer's Agent
Tracy Ryland
One Sotheby's International
List Price
$1,500,000
Sold Price
$1,250,000
Premium/Discount to List
-$250,000
-16.67%
Views
172
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.86%
Purchase Details
Closed on
Aug 24, 2017
Sold by
Frears Michna Shawn and Frears Michael S
Bought by
Fears Michael Shawn and Fears Anne B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,292
Interest Rate
1.75%
Similar Homes in Melbourne Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,250,000 | State Title Partners | |
| Warranty Deed | $1,250,000 | State Title Partners | |
| Warranty Deed | -- | Elevated Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $505,700 | VA | |
| Previous Owner | $545,292 | No Value Available | |
| Previous Owner | $510,560 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | Sold | $1,250,000 | -5.7% | $583 / Sq Ft |
| 05/14/2025 05/14/25 | Pending | -- | -- | -- |
| 04/13/2025 04/13/25 | Price Changed | $1,325,000 | -3.6% | $618 / Sq Ft |
| 01/29/2025 01/29/25 | Price Changed | $1,375,000 | -5.2% | $641 / Sq Ft |
| 01/05/2025 01/05/25 | Price Changed | $1,450,000 | -3.3% | $676 / Sq Ft |
| 10/05/2024 10/05/24 | For Sale | $1,500,000 | +188.5% | $700 / Sq Ft |
| 12/27/2016 12/27/16 | Sold | $520,000 | -5.5% | $233 / Sq Ft |
| 11/14/2016 11/14/16 | Pending | -- | -- | -- |
| 09/30/2016 09/30/16 | Price Changed | $550,000 | -6.0% | $246 / Sq Ft |
| 09/03/2016 09/03/16 | For Sale | $585,000 | -- | $262 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $8,400 | $589,330 | -- | -- |
| 2023 | $8,217 | $572,170 | $0 | $0 |
| 2022 | $8,098 | $555,510 | $0 | $0 |
| 2021 | $7,804 | $504,360 | $0 | $0 |
| 2020 | $7,471 | $481,200 | $275,000 | $206,200 |
| 2019 | $7,554 | $475,800 | $0 | $0 |
| 2018 | $7,512 | $466,930 | $0 | $0 |
| 2017 | $7,421 | $457,330 | $275,000 | $182,330 |
| 2016 | $7,803 | $417,480 | $230,000 | $187,480 |
| 2015 | $3,903 | $242,520 | $230,000 | $12,520 |
| 2014 | $3,916 | $240,600 | $200,000 | $40,600 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2025
Laura Dowling-Roy
Premier Properties Real Estate
-
T
Buyer's Agent in 2025
Tracy Ryland
One Sotheby's International
-
E
Seller's Agent in 2016
Eva McMillan
Dale Sorensen Real Estate Inc.
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 763688
APN: 28-38-08-JV-00000.0-0073.00
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