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327 Island Drive
Melbourne Beach, FL, 32951
Active$1,950,000
327 Island Drive
Melbourne Beach, FL, 32951
Active$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 & Water AccessMLS
Navigable WaterOcean AccessRiver AccessRiver FrontIntracoastalNo Fixed BridgesDeeded Beach Access
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.
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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: 3 hours ago
Listing updated: July 23, 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.
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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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