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

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Carpet
  • Melbourne Senior High School Rated A-

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
  • Additional Parcels Description: 2817033
  • 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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 672013

Space Coast MLS (Space Coast Association of REALTORS®)