$649,000
$200K PRICE DROP

1173 Rivermont Dr Melbourne, FL 32935

Estimated payment $4,064/month

Total Views 35,067
5 Beds
6 Baths
4,710 Sq Ft
$138 Price per Sq Ft

Highlights

  • 102 Feet of Waterfront
  • River Access
  • In Ground Pool
  • Docks
  • Intracoastal View
  • Open Floorplan

About This Home

The property offers an assumable mortgage at a 2.875% INTEREST RATE. Motivated Seller. Make an offer. Spacious WATERFRONT pool home, featuring a private dock, seawall and 2 jet ski docks. This property boasts 102 feet of waterfront on Spring Creek, leading to the Eau Gallie and Indian Rivers. This sizable two-story, multi-generational home features two primary bedroom suites, including a separate in-law suite, a 25,000-gallon saltwater pool, and a 2019 roof and gutters. Enjoy a pull-through two-car garage, circular driveway, and lush privacy with mature mango, avocado, fig, banana, and lime trees. The property also cash flows as a successful rental. Located in the NO HOA Rivermont Drive community, you're minutes from the Eau Gallie Arts District, beaches, and upscale dining like Frigates and Pineapples. With easy access to airports, the Space Center, Cocoa Beach, and Disney World, this home combines space, convenience, and investment potential.

Listing Agent

David Andai

Compass Florida LLC License #3513832 Listed on: 08/31/2024

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,974

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot
  • 102 Feet of Waterfront
  • Home fronts a seawall
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Home fronts a canal
  • West Facing Home
  • Back Yard Fenced
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Additional Parking

Property Views

  • Intracoastal
  • River
  • Canal
  • Pool

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,710 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furniture Can Be Negotiated
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • 6 Full Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • River Access
  • Docks
  • Balcony
  • Deck
  • Porch

Schools

  • Croton Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rivermont Estates Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-21-27-0000a.0-0010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,974

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Many Trees
  • Road Frontage Type: City Street
  • Reso View: Canal, Pool, River, Water, Intracoastal
  • Water Body Name: Eau Gallie River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Rivermont Estates Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-21-27-0000a.0-0010.00
  • Location Tax and Legal Elementary School: Croton
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 7973.85
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 4710.0
  • General Property Information Lot Size Acres: 0.34
  • General Property Information Lot Size Square Feet2: 14810.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Flooring Wood: Yes
  • Pool Features In Ground: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Levels Two: Yes
  • Fencing Chain Link: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • View Intracoastal: Yes
  • ViewCanal: Yes
  • General Property Information Water Frontage Feet: 102
  • Pool Features Fenced: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 2
  • Fencing Back Yard: Yes
  • Waterfront Features Intracoastal2: Yes
  • Marketing Remarks:Marketing Remarks: The property offers an assumable mortgage at a 2.875% INTEREST RATE. Motivated Seller. Make an offer. Spacious WATERFRONT pool home, featuring a private dock, seawall and 2 jet ski docks. This property boasts 102 feet of waterfront on Spring Creek, leading to the Eau Gallie and Indian Rivers. This sizable two-story, multi-generational home features two primary bedroom suites, including a separate in-law suite, a 25,000-gallon saltwater pool, and a 2019 roof and gutters. Enjoy a pull-through two-car garage, circular driveway, and lush privacy with mature mango, avocado, fig, banana, and lime trees. The property also cash flows as a successful rental. Located in the NO HOA Rivermont Drive community, you're minutes from the Eau Gallie Arts District, beaches, and upscale dining like Frigates and Pineapples. With easy access to airports, the Space Center, Cocoa Beach, and Disney World, this home combines space, convenience, and investment potential. Call 321-775-5765
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Open Floorplan, Split Bedrooms
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Fireplace Features:Gas: Yes

Exterior Features

  • Exterior Features: Balcony, Dock
  • Pool Features: Fenced, In Ground
  • Roof: Shingle
  • Fencing: Back Yard, Chain Link, Fenced, Full, Wood
  • Acres: 0.34
  • Pool Private: Yes
  • Waterfront Features: Canal Front, Navigable Water, River Access, Seawall, Intracoastal
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Deck, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • Waterfront Features:Canal Front: Yes
  • Lot Features:Many Trees: Yes
  • Exterior Features:Dock: Yes
  • Waterfront Features:River Access: Yes
  • Waterfront Features:Navigable Water: Yes
  • Exterior Features:Fencing - Full: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Attached, Circular Driveway, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-21-27-0000a.0-0010.00

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7973.85

MLS Schools

  • Elementary School: Croton
  • High School: Eau Gallie

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,435 $508,210 -- --
2024 $7,974 $505,600 -- --
2023 $7,974 $491,410 $0 $0
2022 $6,946 $424,590 $0 $0
2021 $6,457 $352,810 $125,000 $227,810
2020 $6,212 $337,270 $120,000 $217,270
2019 $6,318 $330,340 $105,000 $225,340
2018 $5,754 $294,190 $100,000 $194,190
2017 $2,415 $158,840 $0 $0
2016 $2,478 $155,580 $45,000 $110,580
2015 $2,527 $154,500 $40,000 $114,500
2014 $2,489 $153,280 $40,000 $113,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2025 12/09/25 Price Changed $649,000 -3.7% $138 / Sq Ft
11/29/2025 11/29/25 Price Changed $674,000 -3.6% $143 / Sq Ft
11/21/2025 11/21/25 Price Changed $699,000 -5.2% $148 / Sq Ft
11/20/2025 11/20/25 Price Changed $737,400 -1.7% $157 / Sq Ft
11/18/2025 11/18/25 Price Changed $749,900 -16.2% $159 / Sq Ft
10/11/2025 10/11/25 Price Changed $895,000 -3.2% $190 / Sq Ft
04/11/2025 04/11/25 Price Changed $925,000 +3.7% $196 / Sq Ft
01/02/2025 01/02/25 Price Changed $892,299 +5.1% $189 / Sq Ft
09/22/2024 09/22/24 Price Changed $849,000 +2.9% $180 / Sq Ft
09/14/2024 09/14/24 Price Changed $825,000 -1.0% $175 / Sq Ft
09/13/2024 09/13/24 Price Changed $833,095 -1.0% $177 / Sq Ft
09/12/2024 09/12/24 Price Changed $841,510 -0.9% $179 / Sq Ft
09/12/2024 09/12/24 Price Changed $849,000 -25.2% $180 / Sq Ft
09/12/2024 09/12/24 Price Changed $1,135,000 +33.7% $241 / Sq Ft
08/31/2024 08/31/24 For Sale $849,000 +112.3% $180 / Sq Ft
05/14/2018 05/14/18 Sold $399,900 +0.2% $134 / Sq Ft View Prior Sale
04/06/2018 04/06/18 Pending -- -- --
04/05/2018 04/05/18 Price Changed $399,000 -6.1% $134 / Sq Ft
03/09/2018 03/09/18 For Sale $425,000 0.0% $143 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $425,000 +19.7% $143 / Sq Ft
05/08/2017 05/08/17 Sold $355,000 -6.3% $119 / Sq Ft View Prior Sale
04/05/2017 04/05/17 Pending -- -- --
03/22/2017 03/22/17 Price Changed $379,000 -5.0% $127 / Sq Ft
03/09/2017 03/09/17 Price Changed $399,000 -7.0% $134 / Sq Ft
03/03/2017 03/03/17 For Sale $429,000 -- $144 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $399,000 Attorney
Warranty Deed $355,000 Attorney
Warranty Deed $240,000 Alliance Title Insurance Age
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $407,578 VA
Previous Owner $216,000 Purchase Money Mortgage
Source: Public Records

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1023605

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-21-27-0000A.0-0010.00