15 days on rocket

5940 Riverside Dr, Melbourne Beach, FL, 32951

$1,900,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,070 SqFt
$918/SqFt
House
Schools Nearby

Location

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5940 Riverside Dr, Melbourne Beach$1,900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage2 spaces
Year Built1970
HeatingCentral
CoolingCentral Air
WaterfrontLagoon, Navigable Water, River Front, Seawall, Intracoastal
ViewPool, River, Intracoastal
Private PoolYes
MLS #1011284
Lot Size0.25 Acres
StatusActive

About 5940 Riverside Dr

Welcome to your dream waterfront oasis in Melbourne Beach! This stunning 3-bedroom, with a flex room, 3-bathroom pool home, nestled right on the Intracoastal Waterway, offers the epitome of luxury coastal living. Boasting an open floor plan, this 2018 remodeled home is designed for both comfort and functionality. As you step inside, you'll immediately notice the timeless elegance of the travertine flooring that flows throughout the living space. The heart of the home is the kitchen, featuring a magnificent leathered granite island and top-of-the-line appliances. With its open concept design, the kitchen effortlessly flows into the spacious living area, creating the perfect space for entertaining guests or enjoying quiet evenings with loved ones. Natural light pours in from the expansive windows, offering breathtaking views of the sparkling water just beyond your doorstep. Imagine the stunning sunsets over the river or relaxing by the pool as you watch dolphins and manatees frolic. For those who love the outdoors, this home is a true paradise. Step outside to your own private dock and boat lift, where you can embark on leisurely cruises along the Intracoastal or venture out to explore the nearby Sebastian Inlet. And with the beach just three blocks away, you'll have easy access to endless days of sun, sand, and surf. In the evenings, gather with friends and family for alfresco dining on the spacious patio, or simply unwind with a glass of wine as you watch the sky come alive with vibrant hues during rocket launches. With its unparalleled waterfront location, luxurious amenities, and proximity to all that Melbourne Beach has to offer, this home truly has it all. Don't miss your chance to experience coastal living at its finest - schedule your private showing today and make this stunning property your own!

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Stories: 1
  • Living Area: 2,070 SqFt

Listing Office:

  • Office Name: Ohana East Coast Realty
  • Office Phone: (321) 306-0320
  • Listing Agent: Sarah Munkacsy

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Tile
  • Interior: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Primary Bathroom - Shower No Tub, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lagoon, Navigable Water, River Front, Seawall, Intracoastal
  • View: Pool, River, Intracoastal
  • Exterior: Boat Dock, Boat Lift

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage

Virtual/3D Tour

  • Virtual Tour: 5940 Riverside Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Melbourne High School, Public District Grades 9-12
  • Herbert C. Hoover Middle School, Public District Grades 7-8
  • Gemini Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: From 192 go South on A1A for 9 miles, turn right onto Flamingo Dr, go .04 miles, turn on Riverside Dr and the home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000
  • Price Per SqFt: $918/SqFt

Tax Information:

  • Annual Amount: $8,412
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Melbourne Beach, FL.

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Melbourne Beach, FL

City

Med. Sold Price

$660K

Med. Price/SqFt

$356

Avg. Days On Market

62

# of Sold Homes

23

5940 Riverside Dr vs Melbourne Beach

15 DAYS ON ROCKET

-47 Days

$1,900,000

+$1.2M More

$918/SqFt

+$561 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $561/SqFt more than other homes in Melbourne Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1011284

Listing Office:

  • Office Name: Ohana East Coast Realty
  • Office Phone: (321) 306-0320
  • Listing Agent: Sarah Munkacsy

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 12:20:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 14, 2018Home Sold
$825,000
May 20, 2016Home Sold
$640,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,412$633,790
2019$7,257$631,850
2018$7,389$520,790
2017$7,389$510,080

History based on county public records data.

Payment Calculator

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6726724
10
/10

  • Gemini Elementary School

  • 2100 Oak St

  • 6.82 miles

  • Public District Grades KG-6

Middle School

school-card-donut-6726725
5
/10

  • Herbert C. Hoover Middle School

  • 2000 Hawk Haven Dr

  • 10.32 miles

  • Public District Grades 7-8

High School

school-card-donut-6726726
5
/10

  • Melbourne High School

  • 74 Bulldog Blvd

  • 10.99 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,749. Residents of Melbourne Beach, FL typically earn between $35k-100k each year. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5940 Riverside Dr

What is the listing price of this property?

The listing price of 5940 Riverside Dr property is $1,900,000.

What type of property is this?

The property 5940 Riverside Dr is a house located in Melbourne Beach, Florida, 32951.

Is this property for sale now?

Active Listing: 5940 Riverside Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5940 Riverside Dr are:
Gemini Elementary School: GreatSchools Rating 10/10
Herbert C. Hoover Middle School: GreatSchools Rating 5/10
Melbourne High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,412 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 14, 2018 for $825,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5940 Riverside Dr has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5940 Riverside Dr is 2,070 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5940 Riverside Dr is 1970.

Rocket Homes›Florida›Brevard County›Melbourne Beach›32951›5940 Riverside Dr

This home is located at 5940 Riverside Dr in Melbourne Beach, FL and zip code 32951 in the Melbourne Shores neighborhood. This 2,070 square foot home, which was built in 1970, sits on a 0.25 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $1,900,000.

In April 2024 more than 1 listings in Melbourne Beach, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 18 were sold below. In April 2024 in Melbourne Beach, FL there were 13% more homes for sale than in March 2024. While the average time on the market in April 2024 was 62 days, the median list price was $660,000.

From Rocket Homes Real Estate and based on county public records data.

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