NOT LISTED FOR SALE

1207 E River Dr Melbourne, FL 32901

-- Bed
-- Bath
7,276 Sq Ft
0.52 Acres

Last Sold December 16, 2013

Last sale price $575,000 $79 Per Sq Ft

144 Days on Market

Highlights

  • 0.52 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Carpet
  • No HOA

About This Home

As of December 2013

Property Id: 1504669

Experience the comfort of these charming, newly updated and fully furnished studio apartments in the heart of Melbourne. Enjoy a stroll to Downtown or head over the causeway to Indialantic's beaches. These studios are perfect for a solo tenant or a couple. Enjoy the convenience of being close to all the best shops, cafes, and attractions, yet unwind in this peaceful hideaway. Includes a brand new refrigerator, microwave, and an electric cooktop with 2 burners.

**Will consider 3-9 month lease for $1400/month (this includes electric) + $700 deposit **

**I will only give tours to those who have done the pre-screening**

Last Agent to Sell the Property

James Biggin

One Sotheby's Inter Realty License #3220435 Listed on: 09/17/2013

One Sotheby's Inter Realty

Last Buyer's Agent

Gene Lewis

Atlantic Properties & Inv, Inc License #591984

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,482

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 150 x 150

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 7,276 Sq Ft Home
  • 2-Story Property
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Schools

  • University Park Elementary School
  • Melbourne High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Listing and Financial Details

  • The owner pays for management, sewer, taxes, trash collection, water
  • Assessor Parcel Number 28370275000020000700

Community Details

Overview

  • No Home Owners Association
  • 19 Units
  • Crane Cliff Subdivision

Building Details

  • Operating Expense $30,180
  • Gross Income $86,352
  • Net Operating Income $59,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,482

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Crane Cliff
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 28370275000020000700
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 6482.06
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Building Area Total3: 7276.0
  • General Property Information Lot Size Acres: 0.52
  • General Property Information Lot Size Square Feet2: 22651.2
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 150 x 150
  • Flooring Vinyl: Yes
  • General Property Information Number Of Units Total2: 19.0
  • Gross Scheduled Income: 86352.0
  • Income And Expenses Operating Expense: 30180.0
  • Cooling WallWindow Unit(s): Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.52
  • Waterfront: No
  • Construction Type: Stucco, Other
  • Construction Materials:Stucco: Yes
  • Lot Features:Other21: Yes
  • Construction Materials:Other15: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • General Property Information:Garage YN: No
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Cable Available, Water Available
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Dimensions: 150 x 150
  • Lot Size Sq Ft: 22651.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 28370275000020000700
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Management, Sewer, Taxes, Trash Collection, Water

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 6482.06

Multi Family

  • Number Of Units Total: 19
  • Annual Operating Expense: 30180.0
  • Income And Expenses Net Operating Income: 59320.0

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2025 02/08/25 Off Market $1,200 -- --
01/21/2025 01/21/25 For Rent -- -- --
11/01/2024 11/01/24 For Rent $1,200 0.0% --
10/08/2024 10/08/24 Off Market $1,200 -- --
09/04/2024 09/04/24 For Rent $1,200 0.0% --
12/16/2013 12/16/13 Sold $575,000 -8.0% $79 / Sq Ft
11/09/2013 11/09/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $624,900 -- $86 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $17,374 $1,622,870 -- --
2024 $14,930 $1,048,890 -- --
2023 $14,930 $788,740 -- --
2022 $11,523 $660,760 $0 $0
2021 $10,834 $570,000 $126,000 $444,000
2020 $10,281 $566,000 $126,000 $440,000
2019 $9,975 $550,000 $126,000 $424,000
2018 $9,342 $500,000 $126,000 $374,000
2017 $8,350 $385,000 $0 $385,000
2016 $8,236 $375,000 $0 $0
2015 $7,477 $300,000 $120,600 $179,400
2014 $6,905 $275,000 $120,600 $154,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 672013

Space Coast MLS (Space Coast Association of REALTORS®)
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