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327 Island Drive

Melbourne Beach, FL, 32951

Active Under Contract

$1,950,000

3

Bedrooms

6

Bathrooms

3,131 sqft

Living Area

1994

Year Built

19,166

Lot Size (sqft)

$1,000

HOA / Annually

Days on Market

Dock Score™

DockOnly
98
Excellent

What shaped this score

Ocean Access
Dock with boat lift
No fixed bridges
Fits boats up to ~100ft+ (est.)
·Draft not independently verified
Est. waterfront~92 ft

DockOnly.com rating, not provided by the MLS or listing broker.

Dock & Water AccessMLS

Navigable WaterOcean AccessRiver AccessRiver FrontIntracoastalNo Fixed BridgesDeeded Beach Access

AI Aerial Imagery Detection

Dock DetectedBoat Lift DetectedSeawall DetectedDeep Water Indicators~132-178 ft dock

Detected by AI from open-source aerial mapping imagery and may not reflect current conditions. This information was not provided by the MLS or listing broker. Always verify dock infrastructure with the listing agent.

Canal WidthDockOnly

At the dock

County parcel data
93ft
dock93 ft

Single measurement at the dock · width variation along the canal not yet available

Measured perpendicular from this parcel's waterfront edge to the parcel directly across the canal, using surveyed county GIS boundaries.

Will it turn around?

Up to 33 ft

Easy
handling

3344 ft

Fits
with care

4451 ft

Tight
(back-in)

Boats over 51 ft typically back in/out rather than turning here. Clear channel ≈ 67 ft with boats moored both sides (~13 ft per side for dock + beam). Wide-beam yachts need the upper end of each range.

Navigation RouteDockOnly

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

Experience the ultimate Florida waterfront lifestyle in this extensively renovated direct Intracoastal riverfront pool home located in Melbourne Beach's desirable ocean-to-river community of Riverside Landing. One of only 5 shoreline homes, this move-in ready residence offers 3,131 sq. ft. w/ 3 main-floor bedrooms, a bonus suite w/ full bath & efficiency kitchen, 4 full & 2 half baths, soaring ceilings & spectacular sunset views. The open floor plan features a chef's kitchen w/ granite countertops, oversized island, Viking cooktop, double ovens, wine cooler, walk-in pantry & breakfast nook overlooking the river. The primary suite includes 2 walk-in closets, lanai access & a spa-like bath w/ Italian marble, soaking tub & walk-in shower. Enjoy a heated screened pool, brick paver lanai, outdoor shower, cabana bath & brand-new rooftop crow's nest. Recent improvements include a newer tile roof, HVAC, wood-look tile flooring, boulder seawall & complete hurricane protection w/ impact windows, accordion shutters & remote-controlled Kevlar screens. Residents enjoy private deeded beach access, a community fishing pier, kayak/canoe storage & a low $1,000 annual HOA. A rare opportunity to own a fully updated waterfront home offering both riverfront serenity & private beach access.

Schedule a Showing

See the property and tour the dock. A licensed waterfront specialist will arrange your private showing.

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Location

Melbourne Beach, FL, 32951

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of Compass Florida LLC via Space Coast MLS

Last checked: 4 hours ago

Listing updated: August 19, 2026

© 2026 Space Coast Association of REALTORS®, Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the Space Coast Association of REALTORS®. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone X

Minimal Flood Hazard

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Estimate your monthly payment for this waterfront property

20%

$390,000 down

%
Principal & Interest$10,118/mo
Property Tax (est. ~1.2%, varies by county)$1,950/mo
Home Insurance (est.)$250/mo
HOA Fees$83/mo
Total Monthly Payment$12,401
Loan Amount: $1,560,000Rate: 6.75%
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$1,950,000Tour the dockSchedule a Showing
Navigation note: Navigation routes show the shortest mapped path to open water. A vessel taller than the binding bridge clearance may still reach open water via a longer alternate route that we don't currently map. Verify navigability with a local captain or surveyor before relying on it.