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$699,000

262 Sanibel Way Melbourne Beach, FL 32951

3 beds
3 full
2,340 sqft
0.2 acres
$299 / sqft
House

Property details

About 262 Sanibel Way

Beautiful upgraded lakefront pool home located in exclusive GATED Ocean Ridge community. Offering private ocean/river access with ocean crosswalk & river pier. Priced well below appraised value, this custom built home has a top of line gourmet island kitchen. High end 42in cabinetry w/crown & rope moldings. Quality stainless steel appliance package. Tiled backsplash & exotic granite just to name a few. Great room open floor plan w/10ft ceilings throughout. 1000 sq ft of outdoor space featuring newly screened pool w/waterfall & travertine tiled pool deck. All with peaceful water views. Remodeled bathrooms w/nice tile work. Hurricane shutters. Tile roof. Lots of house for the money in excellent neighborhood. Must see.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size2,340 sqft
Lot size0.17 Acres
Year built1998
ParkingAttached,Garage,Garage Door Opener
MLS #1045194
Attached garage2 spaces
WaterfrontLake Front
ViewLake, Pool, Water

Virtual tour

Summary

  • Full Bathrooms: 3
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Laminate,Tile
  • Interior: Breakfast Bar,Ceiling Fan(s),Eat-in Kitchen,His and Hers Closets,Kitchen Island,Open Floorplan,Pantry,Primary Bathroom - Shower No Tub,Primary Downstairs,Split Bedrooms,Vaulted Ceiling(s),Walk-In Closet(s)
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached,Garage,Garage Door Opener
  • Waterfront: Lake Front
  • View: Lake, Pool, Water
  • Exterior: Storm Windows
  • Architectural Style: Contemporary
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $699,000
  • Price/SqFt: $298
  • HOA Amount: $115 Monthly
  • Annual Tax Amount: $8,357
  • Tax Year: 2023
  • Lot: Cul-De-Sac, Dead End Street, Few Trees
  • Directions: From 192 South on Miramar Ave (A1A), Left on Ocean Ave, Right on Ocean Ridge Drive, Right on Sanibel Way, home on Right.
  • Year Built: 1998
  • Stories: 1
  • Living Area: 2,340 SqFt
  • Lot Size: 0.17 Acres
  • MLS Number: 1045194
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: Waterman Real Estate, Inc.
  • Office Phone: (321) 215-2100
  • Office Email: watermanteam@gmail.com
  • Listing Agent: Andy Waterman

IDX Copyright © 2025 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: 7/23/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 29, 2022
Home Sold
$770,000
Jul 23, 2001
Home Sold
$240,000

Tax history

YearAssessmentProperty Tax
2023$662,860$8,357
2022$259,710$3,302
2021$252,150$3,302
2020$248,670$3,367
2019$243,080$3,331
2018$238,550$3,366
2017$233,650$3,366

History based on county public records data.

Nearby schools

9

Gemini Elementary School

Public District KG-6

1.2 mi

2100 Oak St

5

Palm Bay Elementary School

Public District PK-6

2.6 mi

1200 Alamanda Rd NE

10

Indialantic Elementary School

Public District KG-6

4.6 mi

1050 N Palm Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $71,646. The majority of Melbourne Beach, FL residents have income between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

23%
<35k
40%
35k-100k
24%
100k-200k
13%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
3%
Single, with Kids
49%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
2%
12-17 yrs old
9%
18-34 yrs old
36%
35-64 yrs old
47%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack
  • Chico'sChico's

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • Bob EvansBob Evans

What do the neighbors drive?

  • LincolnLincoln
  • MazdaMazda
  • CadillacCadillac

What do the neighbors listen to?

  • ClassicalClassical
  • RockRock
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 262 Sanibel Way

The listing price of 262 Sanibel Way property is $699,000.

The property 262 Sanibel Way is a house located in Melbourne Beach, Florida, 32951.

Active Listing: 262 Sanibel Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 262 Sanibel Way are: Gemini Elementary School (GreatSchools Rating 9/10), Palm Bay Elementary School (GreatSchools Rating 5/10), Indialantic Elementary School (GreatSchools Rating 10/10), Stone Magnet Middle School (GreatSchools Rating 2/10), Palm Bay Academy Charter School (GreatSchools Rating 3/10), Hoover Middle School (GreatSchools Rating 5/10), Palm Bay Magner High School (GreatSchools Rating 3/10), Melbourne High School (GreatSchools Rating 5/10), West Shore Junior/Senior High School (GreatSchools Rating 10/10).

According to the records, the last property tax for 2023 is $8,357 (source: MLS/based on county public records data).

The last sale was on August 29, 2022 for $770,000 (source: MLS/tax record).

The property at 262 Sanibel Way has 3 bedrooms and 3 bathrooms.

The property 262 Sanibel Way is 2,340 SqFt (source: MLS/tax record).

The year of construction for 262 Sanibel Way is 1998.

This home is located at 262 Sanibel Way in Melbourne Beach, FL and zip code 32951 in the Ocean Ridge Of Brevard neighborhood. This 2,340 square foot home, which was built in 1998, sits on a 0.17 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 5, 2025 and is currently priced at $699,000.

Over 1 listings were sold over their listed price in June 2025 in Melbourne Beach, FL. In the same period over 17 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Melbourne Beach, FL between May and June 2025 increased by 2%. While the average time on the market in June 2025 was 84 days, the median list price was $650,000.

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

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