Shady Shores in Indialantic

Shady Shores
Homes for Sale in Indialantic, FL

All 103 homes for sale in Indialantic, FL · median $525,000 · Brevard County homes for sale

Community in Indialantic · Brevard County
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Photo via Space Coast MLS

Built fromLive Space Coast MLS dataUpdated twice daily

Shady Shores 3Rd Addn is a community in Indialantic, Brevard County, FL. Across Indialantic as a whole, 17 homes closed in the last 12 months at a median of $575,000, 83 median days on market, with 102 homes for sale today. At that median and Brevard County's FY2025-26 rate of 15.6 mills, annual property tax runs about $8,970 ($8,350 with the full homestead exemption).

Live · Shady Shores Housing Pulse Space Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 18, 2026

Shady Shores 3Rd Addn is a small pocket in Indialantic, and with only a two-closing window to work from, there is no reliable median or trend to hang a number on here. What that means in practice: pricing is set property by property, driven by lot, condition, and how close a given home sits to the water and the beachside amenities of Indialantic, rather than by any neighborhood-wide comp pattern.

For a buyer, thin recent activity means you should lean on the specifics of the individual home and adjacent-area sales rather than a community average that does not yet exist in the data. For a seller, it cuts both ways: with few local comps, condition and presentation carry more of the pricing argument, and an appraisal will reach outside these few lots to make its case.

Figures in this note are as of July 18, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Nearby homes for sale

No active listings inside Shady Shores right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

57 Highland Drive
$785K · 0.2 mi away
5 bd · 3 ba · 2,627 sqft
57 Highland Drive
Listed by Waterman Real Estate, Inc.
1031 E River Oaks Drive
$849K · 0.3 mi away
5 bd · 4 ba · 2,642 sqft
1031 E River Oaks Drive
Listed by Real Broker LLC
545 Seabreeze Drive
$729K · 0.3 mi away
3 bd · 2 ba · 1,763 sqft
545 Seabreeze Drive
Listed by RE/MAX Alternative Realty
470 Seabreeze Drive
$870K · 0.4 mi away
6 bd · 4 ba · 3,471 sqft
470 Seabreeze Drive
Listed by Compass Florida, LLC
604 N Riverside Drive
$4.80M · 0.4 mi away
7 bd · 7.5 ba · 6,401 sqft
604 N Riverside Drive
Listed by Coville & Company
427 Oakland Avenue
$625K · 0.5 mi away
3 bd · 2 ba · 1,820 sqft
427 Oakland Avenue
Listed by Waterman Real Estate

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

This is a compact beachside enclave in Indialantic where the location and the individual property do the talking; the current MLS snapshot is too thin to describe a market rhythm of its own.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers prioritizing a beachside Indialantic location over shared amenities
  • Purchasers comfortable underwriting a home on its own condition and lot rather than a community median
  • Long-hold buyers who value a small, quiet section and are not chasing turnover

Probably not for

  • Buyers who need a deep pool of recent comparable sales before making an offer
  • Those wanting HOA-provided amenities like a pool, clubhouse, or gated access
  • Anyone counting on a clear, established neighborhood price trend to guide their bid

The market around Shady Shores

Shady Shores is too small for its own price trend, so here is the market around it.

Across Brevard County, 4,089 homes are active and 1,281 pending (24% under contract).

ZIP and county figures describe the wider market, not Shady Shores specifically. Momentum Research analysis of MLS records.

If we were buying in Shady Shores today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Shady Shores.

Best Buy
Buyers who want a beachside Indialantic address and will evaluate the individual home rather than lean on a neighborhood average.
Biggest Risk
Thin comps make pricing and appraisal harder to anchor.
Sweet Spot
A well-conditioned home whose value is easy to argue against nearby Indialantic sales.
Avoid If
You need lots of comps or a clear neighborhood price trend before you commit.

A small-sample beachside pocket

With no community amenities identified in current MLS listings, the draw here is location and the homes themselves, not shared facilities. In a section this small, that is normal — value comes from the address in Indialantic and the condition of the specific house, not from an HOA package or on-site features.

The practical takeaway is that valuation work has to reach beyond these lots. Buyers and sellers should expect to weigh nearby Indialantic sales, proximity to the beach and the causeway, and the state of the actual property, because the two closings on record cannot carry the whole pricing picture on their own.

“

The location and the amenities are priced into every listing in Shady Shores. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Thin data is exactly where a local broker earns the fee. We price these homes off the individual property and the broader Indialantic beachside market rather than a handful of closings, and we will tell you plainly when a listed price is running ahead of what the surrounding comps actually support.

Shady Shores in 15 seconds.

Best forBuyers who want a beachside Indialantic address and will evaluate the individual home rather than lean on a neighborhood average.
Biggest advantageLocation in a small, low-turnover pocket of Indialantic near the coast.
Biggest riskThin comps make pricing and appraisal harder to anchor.
Sweet spotA well-conditioned home whose value is easy to argue against nearby Indialantic sales.
Avoid ifYou need lots of comps or a clear neighborhood price trend before you commit.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Shady Shores sales matched to your home.

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Real comps, not an automated estimate.
Buyers prioritizing a beachside Indialantic location over shared amenitiesExcellent fit
Purchasers comfortable underwriting a home on its own condition and lot rather than a community medianExcellent fit
Long-hold buyers who value a small, quiet section and are not chasing turnoverExcellent fit
Buyers who need a deep pool of recent comparable sales before making an offerProbably not
Those wanting HOA-provided amenities like a pool, clubhouse, or gated accessProbably not
Anyone counting on a clear, established neighborhood price trend to guide their bidProbably not

Data sources & freshness

Live listingsSpace Coast MLS, refreshed twice daily (last: November 13, 2026)
Under-contract sharesSpace Coast MLS records, as of 2026-11-08

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Space Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Recent Developments in Shady Shores 3rd Addn

Development, infrastructure, retail, and school activity affecting Shady Shores 3rd Addn, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

  1. October 2026
    Retail & Dining

    Margarita Island opens in the former El Chico building on Evans Road, Melbourne

    The Mexican restaurant chain opened at 1751 Evans Road in Melbourne, its fourth Brevard location and seventh in Florida. It offers a full menu and a full-service bar.

    What it may mean for the marketA new sit-down dining option adds to restaurant choices along the Evans Road area of Melbourne. The project is about 9 miles west of Shady Shores 3rd Addn, elsewhere in Brevard County.

    Source: Space Coast Daily
  2. October 2026
    Market

    Brevard September home sales: single-family slows while condos and townhomes gain

    Space Coast Association of Realtors data show the September single-family median price at $380,000, up 0.5%, with closed sales down 2.5% to 818 and 3.5 months of supply. Condo and townhouse median price rose 6.9% to $272,500, with 172 closed sales and 5.9 months of supply.

    What it may mean for the marketTighter single-family supply and a firmer condo and townhouse segment point to differing inventory conditions across Brevard housing types. The project is about 16 miles northwest of Shady Shores 3rd Addn, elsewhere in Brevard County.

    Source: Space Coast Daily
  3. October 2026
    Infrastructure

    Melbourne starts a citywide road condition survey with a scanning van

    City consultant Michael Baker International began driving every city-maintained road on Oct. 15 with LiDAR, 3D scanners and cameras. The survey should finish by the end of 2026, and the Pavement Management Plan will be updated by early 2027 to prioritize resurfacing.

    What it may mean for the marketThe survey will set the resurfacing priority list that shapes road conditions and repair timing across Melbourne. The site is about 5 miles west of Shady Shores 3rd Addn.

    Source: WFTV
  4. June 2026
    Development

    Proposed Brevard County USL soccer stadium would anchor new mixed-use development

    Developers unveiled plans for an 8,000-seat professional soccer stadium along West NASA Boulevard by Melbourne Orlando International Airport as the home of the Space Coast Soccer Club. The complex would include restaurants and retail space, with a targeted opening in spring 2028 and about 20 to 25 professional matches per year.

    What it may mean for the marketA new stadium and mixed-use complex would add restaurant, retail, and event space to this part of Melbourne and expand the local commercial and entertainment footprint. The project is about 8 miles west of Shady Shores 3rd Addn, elsewhere in Brevard County.

    Source: FOX 35 Orlando
  5. June 2026
    Development

    West Melbourne's Space Coast Town Center Expands

    The 225-acre Space Coast Town Center on U.S. 192 and Interstate 95 in West Melbourne is advancing a new phase called The Landing, which will feature a grocery anchor, retail shops, restaurants, and roughly 300 apartments. When fully built, the overall development is planned to include more than 2,000 residential units, 300 hotel rooms, office space, and retail.

    What it may mean for the marketA new phase adds grocery, retail, dining, and apartment capacity to this mixed-use center and expands the local commercial base at a major highway interchange. The project is about 10 miles west of Shady Shores 3rd Addn, elsewhere in Brevard County.

    Source: WFTV
  6. May 2026
    Infrastructure

    Ellis Road widening from John Rodes Boulevard to Wickham Road advances to construction

    FDOT's project to widen Ellis Road from two to four lanes over about 1.8 miles between John Rodes Boulevard and Wickham Road in the Melbourne area had a construction letting scheduled for May 20, 2026, at an estimated construction cost of $57 million. The work includes new sidewalks, buffered bicycle lanes, new traffic signals, and drainage improvements.

    What it may mean for the marketWidening this corridor would increase road capacity and add sidewalks and bike lanes across a key West Melbourne and Melbourne connection. The project is about 9 miles west of Shady Shores 3rd Addn, elsewhere in Brevard County.

    Source: CFL Roads (FDOT)

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

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Housing distress & ownership in Shady Shores 3Rd Addn, Indialantic

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 2 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-11-08)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period November 2026 through November 2026. Deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Shady Shores with Momentum Realty’s local guides.

PTPoint The0.1 mi awayRiver Oaks West0.2 mi away · 39 homes, built 1976–10Highland Groves0.2 mi away · 28 homes, built 1962–19, 1 for saleSSShady Shores0.2 mi away · 52 homes, built 1963–13AOAll Of Govt0.2 mi awayIndialantic Heights0.4 mi away · 1 for saleMMosswood0.4 mi away · 26 homes, built 1979–07, 1 for saleRRiviera0.4 mi away · 87 homes, built 1964–13

Browse all neighborhood guides →

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