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$1,950,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 4 Full Baths
  • 2 Partial Baths
  • 3,131 Sq. Ft.
  • Updated 1 day ago
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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.

Full Property Details for 327 Island Dr

General

  • Price: $1,950,000
  • HOA FEE: $83/month
  • HOA FEE FREQ.: Annually
  • Taxes: $10,812 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrevardCounty
  • MLS ID: 1083082
  • Updated: 7/22/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Entrance Foyer, Guest Suite, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Cooler
  • Furnishings: Unfurnished
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Lower Level

Additional Information

  • Shared Amenities: Beach Access, Boat Dock, Management - Full Time, Management - Off Site, Other
  • Pool: Yes
  • Pool Description: Heated, In Ground, Screen Enclosure
  • Security/Safety: Security System Owned, Smoke Detector(s)

Exterior

  • Exterior Features: Outdoor Shower, Other, Impact Windows, Storm Shutters
  • Porch/Patio/Deck: Covered, Front Porch, Porch, Rear Porch, Screened

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Garage, Garage Door Opener

Location

  • Area: 385 - South Beaches
  • County: Brevard
  • Subdivision: Riverside Landing of S Brevard
  • Driving Directions: From A1A, Turn West onto Ivory Dr, Turn Right on Island Dr, Home is straight ahead.
  • Direction Faces: East

School Information

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

Community

  • Community Features: Beach Access, Boat Dock, Management - Full Time, Management - Off Site, Other
  • Association: Yes
  • Assoc. Name: Riverside Landing
  • Assoc. Fees Include: Other
  • Pets Allowed: Yes
  • Pet Restrictions: Number Limit, Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric
  • Water Heater: Electric

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Water Connected

Structural Information

  • Exterior Const.: Block, Concrete, Stucco
  • Roof: Tile
  • Stories/Levels: 2
  • Square Feet: 3,131
  • Living Area: 3,131 Sq. Ft.
  • Current Bldg. Use: Residential, Single Family
  • Year Built: 1994
  • Property Condition: Updated/Remodeled

Lot Features

  • Property View: Pool, River, Water, Intracoastal
  • Lot Size (Acres): 0.44
  • Lot Size (Sq. Ft.): 19,166
  • Street/Road Desc.: Asphalt
  • Lot Features: Sprinklers In Front, Sprinklers In Rear

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Name: Indian River

Financial Considerations

  • Price Per Sq. Ft.: $622.8
  • Association Fee: Yes
  • Association Fee: $1,000
  • Assoc Fee Freq.: Annually
  • Tax Amount: $10,812
  • Tax Year: 2025
  • Terms: Cash, Conventional, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 29-38-03-53-00000.0-0035.00

Listed by Compass Florida LLC

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Listing agent

— 327 Island Dr —

  • Compass Florida LLC

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 327 Island Dr

School District:Brevard County School District
NameGradesDistance
Gemini Elementary School
2100 Oak Street, Melbourne Beach, FL 32951
K-65 mi
Herbert C. Hoover Middle School
2000 Hawk Haven Drive, Indialantic, FL 32903
7-88.4 mi
Melbourne Senior High School
74 Bulldog Boulevard, Melbourne, FL 32901
9-129.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 327 Island Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/22/2026
Listed
$1,950,000
115.71%
MLS
6/07/2016
Sold
$904,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 327 Island Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,785
-4%
$849,370
3%
2024
$10,245
1%
$825,440
3%
2023
$10,124
2%
$801,400
6%
2021
$9,971
6%
$755,400
-3%
2022
$9,446
-5%
$778,060
4%
2021
$9,971
-1%
$744,980
4%
2018
$10,072
1%
$714,670
-2%
2019
$9,995
-3%
$728,240
4%
2017
$10,263
5%
$699,980
17%
2016
$9,778
52%
$598,980
44%
2015
$6,423
-1%
$417,300
1%
2014
$6,476
-1%
$413,990
1%
2013
$6,543
—
$407,880
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Compass Florida LLC

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327 Island Drive, Melbourne Beach, FL 32951 (MLS# 1083082) is a Single Family property with 3 bedrooms, 4 full bathrooms and 2 partial bathrooms. 327 Island Drive is currently listed for $1,950,000 and was received on July 22, 2026. Want to learn more about 327 Island Drive? Do you have questions about finding other Single Family real estate for sale in Melbourne Beach? You can browse all Melbourne Beach real estate or contact a Coldwell Banker agent to request more information.

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